Pegasystems Receives 'Moderate Buy' Rating from Analysts

Shares of the software company have been given a consensus recommendation by 12 brokerages.

Mar. 21, 2026 at 9:24am

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Shares of Pegasystems Inc. (NASDAQ:PEGA) have been given a consensus recommendation of 'Moderate Buy' by the twelve brokerages that are covering the stock, according to Marketbeat Ratings. The average 12-month target price among the brokers is $67.60.

Why it matters

Pegasystems is a major provider of customer engagement and digital process automation software, so the consensus rating and target price from analysts provide insight into the market's sentiment around the company's performance and growth potential.

The details

The twelve brokerages covering Pegasystems stock have provided the following ratings: two 'hold' ratings, nine 'buy' ratings, and one 'strong buy' rating. Recent research reports have included a 'hold (c+)' rating from Weiss Ratings, a 'buy' rating and $62 price target from Rosenblatt Securities, and an upgrade from 'hold' to 'strong-buy' by Zacks Research. Citigroup also increased its price target on Pegasystems shares from $73 to $75 and maintained a 'buy' rating.

  • Pegasystems reported its latest quarterly earnings on Tuesday, February 10, 2026.

The players

Pegasystems Inc.

A software company specializing in customer engagement and digital process automation solutions, headquartered in Cambridge, Massachusetts.

Weiss Ratings

A research firm that issued a 'hold (c+)' rating on Pegasystems shares.

Rosenblatt Securities

A research firm that reaffirmed a 'buy' rating and $62 price target on Pegasystems shares.

Zacks Research

A research firm that upgraded Pegasystems from 'hold' to 'strong-buy' rating.

Citigroup

A research firm that increased its price target on Pegasystems shares from $73 to $75 and maintained a 'buy' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

The consensus 'Moderate Buy' rating and $67.60 average price target from analysts suggest Pegasystems' software offerings continue to see strong demand, despite some near-term headwinds reflected in the more cautious 'hold' ratings from a couple firms. The company's ability to maintain its market position and grow its customer base will be key to its future performance.