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Health Catalyst Announces Upfront: Market Insights on Salesforce AppExchange
Prnewswire· 2025-08-26 12:30
Hospitals and Health Systems Can Now Benefit from a Validated Consumer Science Model and Proprietary Business IntelligenceSALT LAKE CITY, Aug. 26, 2025 /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst,"Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that Upfront by Health Catalyst ("Upfront") has launched Market Insights on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts. With Market Ins ...
PEGA's Cloud Backlog Climbs: A Sign of Strong Revenue Visibility?
ZACKS· 2025-08-22 17:16
Core Insights - Pegasystems (PEGA) is experiencing strong growth in its cloud business, with a 30% year-over-year increase in Pega Cloud backlog, reaching approximately $1.32 billion, and total backlog at $1.84 billion, indicating a healthy revenue pipeline for future quarters [1][10] - The Annual Contract Value (ACV) has risen 16% year-over-year to $1.514 billion, while Pega Cloud ACV surged 28%, reflecting robust demand for PEGA's AI-driven solutions [2][10] - The current cloud backlog, expected to convert within the next 12 months, has grown 28% year-over-year, providing near-term revenue visibility [3][10] - The Zacks Consensus Estimate projects revenue growth of 13.71% for fiscal 2025 and 5.83% for fiscal 2026 [4] Competitive Landscape - Pegasystems faces significant competition in the cloud market from Oracle and Salesforce [5] - Oracle is expanding its cloud infrastructure and applications, enhancing its competitive position with strengths in AI-driven databases and integrated enterprise solutions [6] - Salesforce leads in cloud-based CRM, offering a fully cloud-native solution that emphasizes usability and integration, setting a high benchmark in customer engagement [7] Financial Performance - Pegasystems' shares have increased by 9.7% year-to-date, compared to a 10.8% return for the broader Zacks Computer and Technology sector and a 16.3% rise in the Computer-Software industry [8] - The company has a Value Score of D and is trading at a forward 12-month price-to-earnings ratio of 24.66X, lower than the industry's 32.73X [12] - The Zacks Consensus Estimate for PEGA's earnings is $1.98 per share for 2025, reflecting a year-over-year growth of 31.13% [15]