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Pegasystems Inc has a consensus price target of $82.83 based on the ratings of 19 analysts. The high is $155 issued by JMP Securities on February 17, 2022. The low is $45 issued by Loop Capital on February 16, 2023. The 3 most-recent analyst ratings were released by Citigroup, Barclays, and Wedbush on December 18, 2024, October 25, 2024, and October 25, 2024, respectively. With an average price target of $101.67 between Citigroup, Barclays, and Wedbush, there's an implied 6.75% upside for Pegasystems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pegasystems (NASDAQ:PEGA) was reported by Citigroup on December 18, 2024. The analyst firm set a price target for $123.00 expecting PEGA to rise to within 12 months (a possible 29.15% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Pegasystems (NASDAQ:PEGA) was provided by Citigroup, and Pegasystems maintained their buy rating.
The last upgrade for Pegasystems Inc happened on August 1, 2024 when Loop Capital raised their price target to $84. Loop Capital previously had a hold for Pegasystems Inc.
The last downgrade for Pegasystems Inc happened on October 18, 2022 when Barclays changed their price target from $50 to $25 for Pegasystems Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pegasystems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pegasystems was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.
While ratings are subjective and will change, the latest Pegasystems (PEGA) rating was a maintained with a price target of $99.00 to $123.00. The current price Pegasystems (PEGA) is trading at is $95.24, which is out of the analyst’s predicted range.
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