Wedbush Has Optimistic Outlook of Pegasystems Q3 Earnings

Pegasystems Inc. (NASDAQ:PEGA) – Investment analysts at Wedbush raised their Q3 2025 earnings per share (EPS) estimates for shares of Pegasystems in a research note issued on Thursday, April 24th. Wedbush analyst D. Ives now forecasts that the technology company will earn $0.15 per share for the quarter, up from their prior forecast of $0.09. Wedbush has a “Outperform” rating and a $125.00 price objective on the stock. The consensus estimate for Pegasystems’ current full-year earnings is $1.89 per share.

Other analysts also recently issued reports about the company. Royal Bank of Canada raised their target price on Pegasystems from $100.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, April 24th. DA Davidson lifted their price objective on Pegasystems from $70.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, April 23rd. Citigroup dropped their price objective on shares of Pegasystems from $119.00 to $107.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Barclays reiterated a “positive” rating on shares of Pegasystems in a research note on Thursday, April 24th. Finally, JMP Securities reissued a “market outperform” rating and issued a $110.00 price target on shares of Pegasystems in a research report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $100.27.

Pegasystems Trading Up 0.1 %

NASDAQ:PEGA opened at $91.16 on Monday. Pegasystems has a 12 month low of $55.71 and a 12 month high of $113.67. The firm’s 50 day moving average is $73.60 and its 200 day moving average is $85.93. The stock has a market capitalization of $7.76 billion, a PE ratio of 90.26 and a beta of 1.22.

Pegasystems (NASDAQ:PEGA) last posted its quarterly earnings results on Wednesday, February 12th. The technology company reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.20). Pegasystems had a net margin of 6.63% and a return on equity of 32.09%.

Pegasystems Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were issued a $0.015 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.06 annualized dividend and a dividend yield of 0.07%. Pegasystems’s payout ratio is currently 5.83%.

Insider Activity

In related news, Chairman Alan Trefler sold 31,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $77.38, for a total value of $2,437,470.00. Following the completion of the sale, the chairman now owns 17,308,786 shares in the company, valued at $1,339,353,860.68. The trade was a 0.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Rifat Kerim Akgonul sold 2,000 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $72.25, for a total transaction of $144,500.00. Following the transaction, the insider now owns 56,534 shares in the company, valued at $4,084,581.50. The trade was a 3.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 135,762 shares of company stock worth $10,386,802. 50.10% of the stock is currently owned by insiders.

Institutional Trading of Pegasystems

Several hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. increased its holdings in shares of Pegasystems by 189.0% in the fourth quarter. Invesco Ltd. now owns 2,364,242 shares of the technology company’s stock worth $220,347,000 after buying an additional 1,546,281 shares during the period. Dimensional Fund Advisors LP increased its stake in Pegasystems by 23.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 860,361 shares of the technology company’s stock worth $80,188,000 after purchasing an additional 164,986 shares during the period. Geode Capital Management LLC lifted its position in Pegasystems by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 825,762 shares of the technology company’s stock valued at $76,983,000 after purchasing an additional 6,480 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Pegasystems by 0.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 807,671 shares of the technology company’s stock valued at $75,275,000 after purchasing an additional 4,989 shares during the period. Finally, Shannon River Fund Management LLC grew its holdings in shares of Pegasystems by 1.3% in the fourth quarter. Shannon River Fund Management LLC now owns 798,356 shares of the technology company’s stock worth $74,407,000 after purchasing an additional 9,989 shares during the last quarter. 46.89% of the stock is owned by institutional investors.

About Pegasystems

Pegasystems Inc develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. The company provides Pega Infinity, a software portfolio comprising of Pega Customer Decision Hub, a real-time AI-powered decision engine to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity; and Pega Platform, an intelligent automation software for increasing efficiency of clients’ processes and workflows.