Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation. The company offers customer engagement applications, including Pega Customer Decision Hub that enable enterprises to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Sales Automation to automate and manage the sales process; and 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. It also provides intelligent automation software; Pega Cloud that allows clients to develop, test, and deploy applications and the Pega Platform using an Internet-based infrastructure; and guidance and implementation, technical support, and instructor-led and online training services. It primarily markets its software and services to financial services, life sciences, healthcare, communications and media, government, insurance, manufacturing and high tech, and consumer services markets through a direct sales force, as well as partnerships with technology providers and application developers. Pegasystems Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.
IPO Year: 1996
Exchange: NASDAQ
Website: pega.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/12/2026 | $48.00 | Equal Weight → Overweight | Barclays |
| 10/22/2025 | $85.00 | Neutral → Buy | DA Davidson |
| 1/14/2025 | $118.00 | Overweight | KeyBanc Capital Markets |
| 8/1/2024 | $68.00 → $84.00 | Hold → Buy | Loop Capital |
| 7/31/2024 | $85.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 7/30/2024 | Mkt Perform → Outperform | William Blair | |
| 1/12/2024 | $52.00 | Underweight → Equal Weight | Barclays |
| 7/5/2023 | $50.00 → $65.00 | Neutral → Outperform | Exane BNP Paribas |
| 6/6/2023 | $48.00 | Neutral | DA Davidson |
| 5/8/2023 | $56.00 | Buy | Rosenblatt |
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Barclays upgraded Pegasystems from Equal Weight to Overweight and set a new price target of $48.00
DA Davidson upgraded Pegasystems from Neutral to Buy and set a new price target of $85.00
KeyBanc Capital Markets resumed coverage of Pegasystems with a rating of Overweight and set a new price target of $118.00
Loop Capital upgraded Pegasystems from Hold to Buy and set a new price target of $84.00 from $68.00 previously
JMP Securities upgraded Pegasystems from Mkt Perform to Mkt Outperform and set a new price target of $85.00
William Blair upgraded Pegasystems from Mkt Perform to Outperform
Barclays upgraded Pegasystems from Underweight to Equal Weight and set a new price target of $52.00
Exane BNP Paribas upgraded Pegasystems from Neutral to Outperform and set a new price target of $65.00 from $50.00 previously
DA Davidson initiated coverage of Pegasystems with a rating of Neutral and set a new price target of $48.00
Rosenblatt initiated coverage of Pegasystems with a rating of Buy and set a new price target of $56.00
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Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced that an in-person Investor Session will be held at PegaWorld, Pega's annual user conference held at the MGM Grand in Las Vegas, hosted by Ken Stillwell, COO and CFO, Pega. The Investor Session is scheduled for Monday, June 8, 2026 at 12:00 p.m. PDT (3:00 p.m. EDT). A live audio-only webcast of the Session will be available at https://app.webinar.net/w7kxZ4g89Jz. A replay will be posted on the Investors page of Pega's website for a limited time. The Investor Session agenda will include a business and financial update on Pega. To submit your questions in advance, please email PegaInvestorRelations@pega
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced that Gartner has named Pega a Leader in the Gartner Magic Quadrant for Process Intelligence (1). Pega was recognized as a Leader among 13 vendors Gartner evaluated for Completeness of Vision and Ability to Execute across multiple criteria, including Offering (Product) Strategy, Innovation, Product/Service, Customer Experience, and Operations, among others. Last year this report was published as Gartner Magic Quadrant for Process Mining Platforms 2025, for which Pega was also named a Leader. According to Gartner, "Process intelligence platforms unify process mining, modeling, and monitoring to help ente
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced that Alan Trefler, founder and CEO, Pega, and Ken Stillwell, COO and CFO, Pega, will be presenting at the following upcoming investor conferences: J.P. Morgan 2026 Global Technology, Media and Communications Conference (https://jpmorgan.metameetings.net/events/tmc26/sessions/318694-pegasystems-inc/webcast/public). Alan Trefler and Ken Stillwell will host an in-person Pega presentation, scheduled for Monday, May 18, 2026 at 11:45 a.m. EDT (8:45 a.m. PDT) in Boston, MA. William Blair 46th Annual Growth Stock Conference (https://event.summitcast.com/view/DTqswnj6gGSWZ7ywFcvpAo/fQuTJrWVvv3TKGutXtFNS5).
Pegasystems Inc. (NASDAQ:PEGA) today provided the following notice of a proposed settlement of derivative actions. COMMONWEALTH OF MASSACHUSETTS SUFFOLK, S.S. SUPERIOR COURT Civil No. 24-1734-BLS1 JOHN DWYER, & another1 Plaintiffs vs. ALAN TREFLER, & others2 Defendants CONSOLIDATED WITH Civil No. 24-3076-BLS1 JAYNE BIRCH, & another3 Plaintiffs vs. ALAN TREFLER, & others4 Defendants SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER DERIVATIVE ACTIONS TO: ALL PERSONS OR ENTITIES WHO OR WHICH HOL
Pega Cloud Annual Contract Value (ACV) increases 29% year over year (27% in constant currency) ACV grows 12% year over year (11% in constant currency) Cash flow from operations and free cash flow both exceed $200M Pegasystems Inc. (NASDAQ:PEGA), the Enterprise Transformation Company™, released its financial results for the first quarter of 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260421891107/en/Total ACV Growth and Pega Cloud ACV Growth "Pega's Blueprint AI helps enterprises reimagine their businesses while Pega's powerful workflow engine provides the harness that ensures predictable outcomes," said Alan T
As enterprises turn to AI for modernization efforts, survey results reveal legacy systems are still holding organizations and their employees back Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today released research that revealed when technology fails to meet modern performance, usability, and automation standards, consequences go well beyond inefficiency – they negatively impact employee experience and retention. The results revealed that 64% of working adults say their tools or systems erode productivity or slow them down to some degree, and more than a third (36%) would consider leaving their jobs if their technology needs aren't met. Business leaders under
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it will report financial results for the first quarter of 2026 on Tuesday, April 21, 2026, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EDT on Wednesday, April 22, 2026. Members of the public and investors are invited to join the call and participate in the question and answer session by dialing 1 (800) 715-9871 (domestic) or 1 (646) 307-1963 (international) and using Conference ID 9410633, visiting https://events.q4inc.com/attendee/156449953, or by logging onto www.pega.com at least five minutes prior to the event's broadcast and clicking on the webcast i
Newly certified FedRAMP High design tool helps U.S. agencies rapidly transform aging applications for more efficient operations Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced the launch of Pega Blueprint™ for Government – a FedRAMP High-authorized AI-powered design tool helping U.S. federal agencies modernize applications and workflows used in sensitive government operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260407428509/en/This screenshot of the FedRAMP-High-approved Pega Blueprint for Government shows how a government official can redesign their processes into more moder
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q2 2026 dividend will be paid on April 15, 2026, to shareholders of record as of April 1, 2026. About Pega Pega provides the leading AI-powered platform for enterprise transformation. The world's most influential organizations trust our technology to reimagine how work gets done by automating workflows, personalizing customer experiences, and modernizing legacy systems. Since 1983, our scalable, flexible architecture has fueled continuous innovation, helping clients accelerate their path to the autonom
Pega Customer Service, Pega Blueprint, and Pega Process Mining recognized for automation and agentic capabilities Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation CompanyTM, today announced Forrester Research named Pega a Leader in The Forrester WaveTM: Customer Service Solutions, Q1 2026 (1). Pega received the highest scores possible in 16 of the 31 total evaluation criteria. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260311855219/en/The Forrester Wave™: Customer Service Solutions, Q1 2026 The report explains, "Pegasystems offers all the building blocks for autonomous service. Its superior case management orc
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Pegasystems Inc. (NASDAQ:PEGA) today provided the following notice of a proposed settlement of derivative actions. COMMONWEALTH OF MASSACHUSETTS SUFFOLK, S.S. SUPERIOR COURT Civil No. 24-1734-BLS1 JOHN DWYER, & another1 Plaintiffs vs. ALAN TREFLER, & others2 Defendants CONSOLIDATED WITH Civil No. 24-3076-BLS1 JAYNE BIRCH, & another3 Plaintiffs vs. ALAN TREFLER, & others4 Defendants SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER DERIVATIVE ACTIONS TO: ALL PERSONS OR ENTITIES WHO OR WHICH HOL
Pega Cloud Annual Contract Value (ACV) increases 29% year over year (27% in constant currency) ACV grows 12% year over year (11% in constant currency) Cash flow from operations and free cash flow both exceed $200M Pegasystems Inc. (NASDAQ:PEGA), the Enterprise Transformation Company™, released its financial results for the first quarter of 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260421891107/en/Total ACV Growth and Pega Cloud ACV Growth "Pega's Blueprint AI helps enterprises reimagine their businesses while Pega's powerful workflow engine provides the harness that ensures predictable outcomes," said Alan T
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it will report financial results for the first quarter of 2026 on Tuesday, April 21, 2026, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EDT on Wednesday, April 22, 2026. Members of the public and investors are invited to join the call and participate in the question and answer session by dialing 1 (800) 715-9871 (domestic) or 1 (646) 307-1963 (international) and using Conference ID 9410633, visiting https://events.q4inc.com/attendee/156449953, or by logging onto www.pega.com at least five minutes prior to the event's broadcast and clicking on the webcast i
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q2 2026 dividend will be paid on April 15, 2026, to shareholders of record as of April 1, 2026. About Pega Pega provides the leading AI-powered platform for enterprise transformation. The world's most influential organizations trust our technology to reimagine how work gets done by automating workflows, personalizing customer experiences, and modernizing legacy systems. Since 1983, our scalable, flexible architecture has fueled continuous innovation, helping clients accelerate their path to the autonom
Annual Contract Value (ACV) grows 17% year over year (14% in constant currency) Pega Cloud ACV increases 33% year over year (28% in constant currency) Cash flow from operations and free cash flow grow 45% year over year 2026 guidance of 15% ACV growth, $595M in cash flow from operations, and $575M in free cash flow Increases share repurchase authorization by $1B Pegasystems Inc. (NASDAQ:PEGA), the Enterprise Transformation Company™, released its financial results for the fourth quarter and full-year 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210969541/en/Total ACV Growth and Pega Cloud ACV Growth "20
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it will report financial results for the fourth quarter and fiscal year 2025 on Tuesday, February 10, 2026, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EST on Wednesday, February 11, 2026. Members of the public and investors are invited to join the call and participate in the question and answer session by dialing 1 (800) 715-9871 (domestic) or 1 (646) 307-1963 (international) and using Conference ID 6226958, visiting https://events.q4inc.com/attendee/958808765, or by logging onto www.pega.com at least five minutes prior to the event's broadcast and click
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q1 2026 dividend will be paid on January 16, 2026, to shareholders of record as of January 2, 2026. About Pega Pega is The Enterprise Transformation CompanyTM that helps organizations Build for Change® with enterprise AI decisioning and workflow automation. Many of the world's most influential businesses rely on our platform to solve their most pressing challenges, from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architectu
Annual Contract Value (ACV) grows 14% year over year Pega Cloud ACV increases 27% year over year Cash flow from operations and free cash flow grow 38% year over year Repurchased 8.7M shares for $393M year to date Pegasystems Inc. (NASDAQ:PEGA), the Enterprise Transformation Company™, released its financial results for the third quarter of 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251021455058/en/Total ACV Growth & Pega Cloud ACV Growth "Our differentiated AI strategy continues to resonate deeply with clients, prospects, and partners, unlocking new levels of speed, predictability, and scale in enterprise a
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it will report financial results for the third quarter of 2025 on Tuesday, October 21, 2025, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EDT on Wednesday, October 22, 2025. Members of the public and investors are invited to join the call and participate in the question and answer session by dialing 1 (800) 715-9871 (domestic) or 1 (646) 307-1963 (international) and using Conference ID 5464305, or via https://events.q4inc.com/attendee/290880287 by logging onto www.pega.com at least five minutes prior to the event's broadcast and clicking on the webcast ico
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q4 2025 dividend will be paid on October 15, 2025, to shareholders of record as of October 1, 2025. About Pega Pega provides the leading AI-powered platform for enterprise transformation. The world's most influential organizations trust our technology to reimagine how work gets done by automating workflows, personalizing customer experiences, and modernizing legacy systems. Since 1983, our scalable, flexible architecture has fueled continuous innovation, helping clients accelerate their path to the a
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Pega Smart Investigate Agentic Automation gives banks the flexibility to combine proven workflows with powerful generative AI capabilities Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced Pega Smart Investigate Agentic Automation™, a new edition of its payment exceptions and investigations solution. Built on Pega's more than 40-year market leadership, it delivers the only payment exceptions and investigations software with native support for the latest SWIFT ISO 20022 standards and embedded agentic AI, enabling faster case resolution with lower operational cost. Pega's predictable AI gives financial institutions the flexibility to apply powerful agen
Industry veteran Daniel Kasun joins as head of global partner ecosystem to accelerate AI-driven legacy transformation through strategic partnerships Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced the appointment of Daniel Kasun as head of global partner ecosystem. Reporting to John Higgins, chief of client and partner success, Kasun will lead the strategic evolution of Pega's partner ecosystem to help clients accelerate their legacy transformation journeys, including strengthening alliances with global systems integrators and hyperscalers, accelerating adoption of Pega GenAI™ and Pega Blueprint™ through partners, and expanding partner-influenced re
NEW YORK, May 19, 2025 /PRNewswire/ -- Pegasystems Inc. (NASD: PEGA) will replace Nordstrom Inc. (NYSE:JWN) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 22. The Nordstrom family and El Puerto de Liverpool S.A.B. de C.V. (BMV:LIVEPOL) are acquiring Nordstrom in a deal expected to be completed on May 20. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector May 22, 2025 S&P MidCap 400 Addition Pegasystems PEGA Information Technology May 22, 2025 S&P MidCap 400 Deletion Nordstrom JWN Consumer Discretionary For more information abou
Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced the appointment of Rohit Ghai to its board of directors. Mr. Ghai brings more than two decades of leadership and digital transformation experience in the enterprise software industry, delivering profitable growth for large global organizations, including publicly traded companies in highly regulated markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121745577/en/Rohit Ghai Joins Pega's Board of Directors (Photo: Business Wire) Mr. Ghai, 55, has deep expertise in operational and digital transformation as well as cybersecurity best prac
Study suggests enterprises embracing a fuller set of AI tools to increase productivity and drive transformation The rapid rise of creative ‘right-brain' generative AI has opened the door to greater adoption of the more analytical ‘left-brain' AI decisioning solutions by global businesses, according to new research from Pegasystems Inc. (NASDAQ:PEGA), the leading enterprise AI decisioning and workflow automation platform provider. The study, conducted by research firm Savanta, was unveiled at PegaWorld® iNspire, the company's annual conference in Las Vegas. It surveyed more than 500 business decision makers across enterprises worldwide on their understanding and use of AI, as well as the c
Reduces Board Size from Nine to Five Members and Appoints New Directors Strong Leadership and Governance Committed to Building Sustainable Shareholder Value Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that it has reconstituted its Board of Directors. The now five-member Board includes three newly appointed, highly qualified directors: Ken Traub, Frank Verdecanna and Mio Babic. Ken Traub has also been named as Chairman of the Board. These additions enrich the Board with diverse global expertise in corporate governance, cybersecurity, digital media, and strategic growth. Simultaneously, seven existing
CAMBRIDGE, Mass., Aug. 16, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ:PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced the appointment of Naznine Tilak as vice president of learning, development, and diversity, equity, inclusion, and belonging (DEI&B). Naznine will spearhead Pega's efforts to design and implement its near-term and multi-year strategy for its learning and development programs while continuing the execution of its DEI&B roadmap. Naznine brings more than 20 years of human resources experience to
CAMBRIDGE, Mass., August 2, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ:PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced the appointment of Dr. Kikelomo (Dayo) Belizaire as its first chief medical officer. With a strong clinical background and a passion for improving care outcomes, Dr. Belizaire will bring a clinical lens to Pega's strategy for serving its healthcare clients. With the recent convergence of healthcare payers and providers, these organizations are putting an increased focus on managing overall ca
CAMBRIDGE, Mass., Jan. 4, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ:PEGA), the software company that crushes business complexity, today announced it has appointed Katherine Parente as chief people officer, effective today. Ms. Parente is responsible for driving Pega's global people strategy and operations, reporting to Alan Trefler, Pega's founder and CEO. In her 20-plus years of human resources experience, Kate has established and led strong international teams across a wide range of HR disciplines within firms in the financial services, technology, and professional serv
Enterprise Software and SAAS industry veteran joins leading digital experience solution to drive next stage of growth Zmags, whose Creator platform is transforming how customers experience digital commerce everywhere, today announces that Jeffrey Lortz has been appointed as Chief Executive Officer (CEO). Lortz joins after having served in senior executive roles in Private Equity backed SaaS companies including Tomia, a Vista Equity Partner portfolio company as Chief Operating Officer. He will assume day-to-day leadership as well as guide the company's long-term strategic growth initiatives. David Powell will continue to serve as Chief Financial and Administrative Officer. "It has been a g