Pegasystems (PEGA) shares ended the last trading session 6.6% higher at $100. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3% loss over the past four weeks.The optimism surrounding the stock can primarily be attributed to the growing demand for Pegasystems solutions. The company’s strong platform and extensive artificial intelligence (AI) portfolio, enabling world-class businesses to attain transformative outcom ...

Pegasystems (PEGA) shares have surged 102.2% over the past year, significantly outperforming the Zacks Computer and Technology and the Zacks Internet - Software industry’s return of 29.2% and 10.8%, respectively.Over the same time frame, it also outperformed its industry peers, including Autodesk (ADSK) , ACI Worldwide (ACIW) and Manhattan Associates (MANH) . Shares of ADSK, ACIW and MANH have gained 18.8%, 74.4% and 25.3%, respectively, in the trailing 12-month period.This exceptional performance has left ...

Core Insights - Wedbush analyst Dan Ives has identified Pegasystems as a top AI pick for 2025, with a strong performance in 2024, achieving a total return of 91% [1] - Analysts from Royal Bank of Canada and Citigroup have updated their price targets for Pegasystems, indicating a potential upside of 24% based on recent closing prices [1] Company Overview - Pegasystems focuses on improving customer engagement, streamlining customer service, and enhancing efficiency through intelligent automation [2][3][4] - The Pega Customer Decision Hub utilizes AI to personalize customer experiences and predict behavior, aiding in customer acquisition and retention [2] - The Pega Customer Service app enhances inquiry handling efficiency using AI-powered virtual assistants [3] - The Pega Platform allows companies to automate workflows and integrate with various software applications, enabling low-code development [4][5] Financial Performance - Pegasystems has experienced a revenue growth of 9% over the past twelve months, with significant improvements in profitability since September 2023 [6] - The company's gross margin has increased by over 200 basis points, while operating and net income margins have risen to nearly 12% and over 7%, respectively [7] - Free cash flow has nearly doubled year-to-date in 2024 compared to 2023, although backlog growth has stagnated since early 2024 [7] Future Outlook - The success of Pegasystems in 2025 hinges on enterprises' commitment to AI implementation, as the industry is still in the early phases of AI adoption [8] - Continuous innovation and product development, such as the GenAI Blueprint tool, will be crucial for providing customer value [9][10] - Pegasystems is positioned well within the AI movement and has a competitive forward price-to-earnings ratio of 32x compared to its peers [11]

Pegasystems (PEGA) shares have risen 28.6% in three months, significantly outperforming the Zacks Computer and Technology and the Zacks Internet - Software industry’s return of 8.1% and 2.9%, respectively.Over the same time frame, it also outperformed its industry peers, including Autodesk (ADSK) , ACI Worldwide (ACIW) and Manhattan Associates (MANH) . Shares of ADSK and ACIW have gained 11% and 6%, respectively, while MANH has lost 1.9% in the past three months.  This outperformance highlights Pegasystems’ ...

I am initiating coverage on Pegasystems Inc. (NASDAQ: PEGA ) with a BUY recommendation based on a 12-month price target of $111.75, implying a 27.0% upside to the last close of $88.02 on 11 November 2024. This blended price target is derived fromI have been investing in equities for the last two years since I came of age and have had a fervent interest in the financial markets since I was a teenager. I intend to major in Finance and explore the discipline further when I matriculate in 2025. Post-graduation, ...

Pegasystems Investor Presentation Q3 2024 NASDAQ: PEGA pegainvestorrelations@pega.com October 23, 2024 © Pegasystems Inc. Safe Harbor Statement Certain statements in this presentation may be "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Words such as expects, anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, intends to, projects, forecasts, guidance, likely, and usually or variations of such words and other sim ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

For the quarter ended September 2024, Pegasystems (PEGA) reported revenue of $325.05 million, down 2.9% over the same period last year. EPS came in at $0.39, compared to $0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $328.76 million, representing a surprise of -1.13%. The company delivered an EPS surprise of +11.43%, with the consensus EPS estimate being $0.35.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Pegasystems (PEGA) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.43%. A quarter ago, it was expected that this business software company would post earnings of $0.23 per share when it actually produced earnings of $0.52, delivering a surprise of 126.09%.Over the last four quarter ...

EXHIBIT 99.1 Pega Cloud Growth Highlights Strong Q3 2024 • Annual Contract Value (ACV) grows 16% year over year (14% in constant currency) • Pega Cloud ACV grows 30% year over year (26% in constant currency) • Cash flow from operations reaches $251 million and free cash flow hits $246 million in the first nine months of 2024 CAMBRIDGE, Mass. — October 23, 2024 — Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, released its financial results fo ...