PEGA

Citigroup keeps a Buy rating on Pegasystems and cuts its price target from $52 to $50, indicating a modest upside expectation.

WALTHAM, Mass., October 22, 2026--Pegasystems Inc. (NASDAQ: PEGA), the enterprise AI software company for mission-critical work, today announced Forrester Research named Pega a Leader in The Forrester Wave™: AppGen and Low-Code Platforms, Q4 2026 (1). Pega received the highest scores possible in eight of the 21 total evaluation criteria.

Barclays maintains an Overweight stance on Pegasystems and lowers its target price from $43 to $42, suggesting a slight downward revision.

RBC Capital keeps an Outperform rating on Pegasystems and raises its target price from $35 to $40, pointing to a more optimistic outlook.

Analysts cut Pegasystems’ target price while raising others, hinting at a potential downside for the company amid broader market moves.

Rosenblatt keeps a Buy rating on Pegasystems and reduces its target from $47 to $43, reflecting a more conservative view.

Headline: Pegasystems (PEGA) Stock Q3 Earnings Expose A Sharper Margin Squeeze.

Low-code automation software company Pegasystems (NASDAQ:PEGA) missed Wall Street’s revenue expectations in Q3 2026 as sales rose 3.1% year on year to $393.4 million. Its non-GAAP profit of $0.35 per share was 24.6% below analysts’ consensus estimates.