Core Viewpoint - Pegasystems Inc. (NASDAQ:PEGA) is identified as one of the top 10 beaten down software stocks with significant upside potential, despite recent price target reductions by analysts [1][2]. Analyst Ratings and Price Targets - J.P. Morgan analyst Alexei Gogolev reduced the price target from $74 to $64 while maintaining a Buy rating, indicating a potential upside of 52.4% from current levels [1]. - RBC Capital lowered its price target from $80 to $65 but kept an Outperform rating, citing cautious initial guidance for fiscal year 2026 [2]. Financial Performance - Pegasystems reported a 17% year-over-year increase in Total ACV and a 33% growth in Pega Cloud ACV for the fourth quarter [3]. - The company achieved free cash flow of $491 million for the quarter, surpassing guidance, and expects total revenue of $2 billion and 15% ACV growth for 2026 [3]. Company Overview - Pegasystems develops and supports enterprise software, operating in various regions including the UK, US, Africa, and Asia-Pacific, serving industries such as government, healthcare, and financial services [4].

在Anthropic举办最新产品发布活动后，Wedbush表示，市场对生成式人工智能冲击传统企业软件的担忧 被明显夸大，近期软件板块的波动更多源于情绪而非基本面。 智通财经APP获悉，Wedbush由Dan Ives领衔的分析师团队指出，Anthropic在其"Enterprise Agents"发布 会上展示了多项面向企业的产品更新，重点突出基于代理的工作流和企业级集成能力。Anthropic通过 现场演示，展示了Claude Cowork在多家大型企业中的应用场景，包括Spotify Technology(SPOT.US)用于 缩短复杂代码迁移的工程时间、诺和诺德(NVO.US)用于提升临床研究文档整理效率，以及赛富时 (CRM.US)在Slack中压缩项目周期等。 不过，Ives强调，尽管这些应用案例令人印象深刻，新一代AI工具并不会"推倒重来"式地取代现有企业 软件生态。"AI工具的价值高度依赖其可接入的数据，本身并不能脱离既有系统独立运行。"他指出，市 场往往将基础模型能力等同于完整的企业级软件平台，忽视了企业IT环境的现实复杂性。 从估值角度看，Wedbush认为，近期软件股的估值压缩与未来盈利风 ...

GRNJ ranks among the fastest-growing actively managed small- and mid-cap equity ETF launches with more than $384 million in AUM1NEW YORK, Feb. 25, 2026 /PRNewswire/ -- Fundstrat Capital, the investment management firm led by Chief Investment Officer Thomas "Tom" Lee, announced the completion of the February 2026 quarterly rebalance for the Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSE:GRNJ). With more than $384 million in assets under management, as of Feb. 23, 2026, GRNJ ranks among the fastest-grow ...

Tom Yeung here with your Sunday Digest. Last week, I warned that insiders in two key industries were selling unusual amounts of their company’s stock. Data centers. The phenomenal growth story is now facing margin compression as cloud customers begin to cut back. Insiders at Oracle Corp. (ORCL) and CoreWeave Inc. (CRWV) sold an unusual number of shares, and we learned this week that Berkshire Hathaway Inc. (BRK) dumped 75% of its Amazon.com Inc. (AMZN) holdings last quarter. Airlines. American consumers mig ...

Core Insights - Cadence Design Systems (CDNS) reported fourth-quarter 2025 results that surpassed management's guidance, highlighting a record backlog that indicates sustained demand for its solutions [1][9] Financial Performance - Revenues reached $1.44 billion, exceeding guidance of $1.405-$1.435 billion, and increased by 6.2% year over year [2] - Non-GAAP earnings per share (EPS) were $1.99, above the guidance of $1.88-$1.94, marking a 5.9% year-over-year increase [2] - The backlog stood at $7.8 billion, with current remaining performance obligations at $3.8 billion, reflecting strong customer demand [2] Market Demand and Trends - The significant increase in backlog was driven by accelerating demand across various end markets, particularly due to AI solutions [3] - AI is transforming semiconductor and system design, with robust design activity in sectors like data centers and automotive [4] - Customers are increasing their R&D budgets for AI-driven automation, contributing to the strong demand for Cadence's solutions [4] Product Innovations - Cadence is experiencing momentum in both "AI for Design" and "Design for AI," with the launch of ChipStack AI Super Agent and the adoption of products like Cerebrus, Verisium, and Allegro X AI [5] - The hardware business also contributed to backlog growth, with over 30 new customers and increased repeat demand from AI and hyperscalers [6] Future Outlook - For 2026, revenues are projected to be between $5.9 billion and $6 billion, with non-GAAP EPS expected to range from $8.05 to $8.15 [7] - In 2025, revenues surged by 14% to $5.297 billion, while non-GAAP EPS increased by 20% to $7.14 [7]

Core Insights - Pegasystems reported a strong financial performance with free cash flow increasing 45% year-over-year to $491 million, exceeding guidance by $51 million, driven by ACV growth and the strength of its subscription model [1] - The company attributed its performance to expanded use of its Blueprint product, strong global sales execution, and rising demand for AI agents integrated into enterprise workflows, with net new ACV increasing 37% year-over-year in constant currency [2] - Total annual contract value (ACV) rose 17% year-over-year, with Pega Cloud ACV increasing 33% as reported, indicating significant acceleration compared to previous growth rates [3] Financial Performance - For 2026, Pegasystems expects approximately $2 billion in revenue (around 15% growth), 15% ACV growth in constant currency, and $575 million in free cash flow, which would be 17% higher than 2025 [5][8] - The company surpassed a contractually committed backlog milestone of over $2 billion, with backlog growing 28% year-over-year and Pega Cloud backlog growing 36% [6] - Pegasystems ended the year with $426 million in cash and investments, repaid $468 million of debt, and repurchased $498 million of shares, with an additional $1 billion authorized for buybacks [7] Strategic Focus - The company is focusing on accelerating cloud adoption and the role of its AI-powered Blueprint product in sales and modernization initiatives [4] - Pegasystems' Blueprint product is designed to enhance customer interactions and streamline application development, allowing for rapid deployment and integration of partner intellectual property [10][11] - The company is seeing increased interest in legacy application modernization and has established partnerships with firms like Accenture and AWS to support this initiative [15] Market Positioning - Pegasystems emphasizes a reliable and predictable approach to AI, contrasting with the unpredictability of generative AI models, particularly in regulated environments [10] - The company is experiencing faster pipeline build and close times due to the efficiencies introduced by Blueprint, which is expected to enhance customer retention and acquisition [13][14] - The services mix has shifted towards reduced professional services headcount, with an expectation that professional services revenue will constitute roughly 10% of the projected $2 billion revenue [19]

Core Insights - UiPath's competitive advantage in automation lies in its ability to transform AI innovations into scalable enterprise efficiency, moving from scripted automation to agentic AI that interprets intent and coordinates tasks [1][8] - The company's orchestration-first approach reduces friction and enhances adoption, leading to stronger customer relationships and margin expansion without aggressive customer acquisition [2][8] - UiPath's agentic AI is designed to be accountable and auditable, which is crucial for enterprises in regulated environments, thereby accelerating buying decisions [3][8] - The shift towards agentic AI positions UiPath to monetize coordination at scale, establishing itself as a foundational operating system for work, which is essential for driving long-term performance as enterprises focus on efficiency and control [4] Competitive Landscape - ServiceNow's automation strategy is centered on workflow unification, leveraging its system of record to embed AI across departments, but it emphasizes top-down workflow design compared to UiPath's bottom-up approach [5] - Pegasystems specializes in decisioning and case management, excelling in regulated industries, but focuses more on decision orchestration rather than task execution, which differentiates it from UiPath's comprehensive system integration [6] Financial Performance and Valuation - UiPath's stock has seen a decline of 12% over the past month, slightly worse than the industry's 10% loss [7] - The company trades at a forward price-to-earnings ratio of 19.96, significantly below the industry average of 29.98, and holds a Value Score of F [9] - The Zacks Consensus Estimate for UiPath's fiscal 2026 earnings remains unchanged over the past 30 days, with projected earnings of $0.67 for the current year and $0.76 for the next year [10]

Core Viewpoint - The Supreme Court of Virginia has rejected Pegasystems Inc.'s attempt to dismiss the trade secret claims brought by Appian, allowing the case to proceed to retrial [1][2]. Group 1: Legal Proceedings - Appian will continue to pursue its trade secret claims against Pega following the court's decision [1]. - The Supreme Court's opinion highlighted Pega's unethical practices, including hiring a "spy" to obtain Appian's information and using aliases to access Appian's software [3]. - Appian has gathered extensive evidence, including testimonies from numerous witnesses and thousands of documents, to support its claims against Pega [3]. Group 2: Company Background - Appian specializes in AI process automation, focusing on automating complex processes for large enterprises and governments [5]. - The company has been in the automation business for 25 years, emphasizing its deep understanding of enterprise operations [5].

Group 1 - Pegasystems Inc. is ranked fourth among the most promising robotics stocks according to Wall Street analysts [1] - The company announced a quarterly cash dividend of $0.03 per share for Q1 2026, reaffirming its commitment to the dividend program [2] - In 2025, Pegasystems repurchased 8.7 million shares for approximately $393 million, indicating a strong capital return year [2] Group 2 - JPMorgan raised Pegasystems' price target to $74.00 from $65.00, maintaining an Overweight rating due to the company's successful pivot to a subscription-first model [3] - The acceleration in cloud migration and a stabilizing macroeconomic environment for enterprise software spending are identified as key catalysts for the upward revision [3] Group 3 - Pegasystems specializes in business process automation and low-code software solutions, with its flagship Pega Platform integrating workflow management, AI decisioning, and Robotic Process Automation (RPA) [4]

Core Insights - Pegasystems Inc. (NASDAQ:PEGA) is gaining attention as a promising tech stock following the announcement of advanced agentic AI enhancements to its Pega Client Lifecycle Management (CLM) platform, aimed at improving compliance processes for banks amid increasing regulatory demands [2][3] Group 1: Product Development and Market Position - The latest Pega CLM release incorporates predictable, governed AI agents that enhance automation in client onboarding, KYC, screening, and risk assessment, leading to shorter onboarding cycles, improved accuracy, and reduced operational costs [3] - The compliance market is expected to experience sustained spending growth, and Pegasystems' product launch aligns with its strategy to modernize legacy compliance processes through cloud-native, AI-driven architectures [3] - The company is positioned as a key player in helping financial institutions achieve faster and more agile regulatory operations [3] Group 2: Financial Performance and Shareholder Returns - Pegasystems announced a quarterly cash dividend of $0.03 on December 15, reinforcing its commitment to returning capital to shareholders [4] - JPMorgan has reiterated its "Overweight" rating on Pegasystems, raising its price target to $74, reflecting strong confidence in the company's potential as enterprises migrate from legacy systems to cloud-based platforms [5] - The firm views Pegasystems as a beneficiary of the ongoing modernization cycle, with improved monetization potential as the adoption of its AI-enabled orchestration software expands [5] Group 3: Company Overview - Pegasystems, headquartered in Waltham, Massachusetts, specializes in software for customer engagement and intelligent automation, integrating decisioning, case management, and workflow to streamline operations for large enterprises [6]