Rosenblatt Reiterates Buy Rating on Pegasystems Inc.
Rosenblatt maintains a buy rating on Pegasystems with a $58 target, a 77.05% upside from the current price.
Key Points
- Rosenblatt reiterated its buy rating on Pegasystems Inc. on June 10, 2026, with a price target of $58.
- Rosenblatt's $58 price target implies 77.05% upside from Pegasystems Inc.'s ($PEGA) current $32.76 share price.
- Shares of Pegasystems, trading on NasdaqGS under the ticker PEGA, were last seen at $32.76, with a market cap of about $5.47 billion.
- Recent insider activity includes several transactions on June 7, 2026, involving executives such as Kenneth Stillwell and Leon Trefler.
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On June 10, 2026, Rosenblatt reiterated its buy rating on Pegasystems Inc. (NasdaqGS: PEGA), setting a price target of $58. Analyst Blair Abernethy sees potential upside for the software company, which last traded at $32.76.
Pegasystems Inc. Stock Down 9.4%
Shares of Pegasystems, listed on the NasdaqGS under the ticker PEGA, recently traded at $32.76. The company has a market capitalization of approximately $5.47 billion and a P/E ratio of 17.7. Pegasystems' stock has a 52-week range between $31.46 and $68.10, with a 50-day moving average of $36.83 and a 200-day moving average of $49.19. The company's beta is 0.845, indicating lower volatility compared to the broader market.
Recent Earnings
Pegasystems reported revenue of $1.70 billion, though it experienced a revenue decline of 9.6% year-over-year. The company achieved a net margin of 20% and a return on equity of 51.7%. Earnings per share stood at $1.85. The next earnings report is expected on April 21, 2026.
Dividend
Pegasystems pays an annual dividend rate of $0.12, yielding 0.37% at current prices. The dividend payout ratio is a conservative 8.1%.
Insider Buying and Selling at Pegasystems Inc.
Recent insider activity at Pegasystems includes various transactions on June 7, 2026. Kenneth Stillwell, COO and CFO, sold 5,222 shares. Leon Trefler, Chief of Clients and Markets, sold 1,046 shares at an average price of $34.71. Meanwhile, Chief Product Officer Rifat Kerim Akgonul and John Gerard Higgins, Chief of Client & Partner Success, each bought 2,278 shares.
Analysts Set New Price Targets
On June 10, 2026, DA Davidson maintained its buy rating on Pegasystems with a $55 target. Citizens also reiterated a buy rating, aligning with Rosenblatt's $58 target. The consensus among 11 analysts is a strong buy, with a mean target price of $58.18.
About Pegasystems Inc.
Pegasystems Inc., headquartered in Waltham, Massachusetts, develops enterprise software solutions that help businesses automate processes and improve customer engagement. The company's flagship product, Pega Infinity, includes AI-powered decision-making and workflow automation tools. Serving industries like financial services, healthcare, and government, Pegasystems markets its products globally through direct sales and partnerships.
Bottom Line
Rosenblatt's reiterated buy rating on Pegasystems reflects optimism about the company's growth potential despite recent revenue challenges. The stock's current price suggests room for appreciation toward the $58 target. Investors will be watching upcoming earnings and insider transactions for further insights.
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