PEGA Stock Recent News
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Pegasystems (PEGA) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.38 per share a year ago.
Pegasystems Inc. provides a range of workflow automation software to organizations. The firm has seen strong client interest in its AI-enhanced products and plans for integration to generative AI. However, 2023's revenue growth will likely be less than 2022's growth vs. 2021, so I remain Neutral [Hold] on Pegasystems Inc. in the near term.
Pegasystems (PEGA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
An analyst at Wedbush upgraded his rating on the low-code software specialist. The analyst also increased his price target for the stock and issued some encouraging earnings targets.
Pegasystems Inc. PEGA, -0.65% stock is up 4.4% in premarket trades Wednesday after Wedbush upgraded the business software company to outperform from neutral and raised its price target to $65 a share from $50. Analyst Daniel Ives said the upgrade reflects “incrementally better field checks and an under-the-radar artificial intelligence (AI) story that is now starting to form.
Pegasystems has exhibited strong ACV growth and surpassed its own growth guide. PEGA's model-driven approach and integration of generative AI technology give it a competitive edge in the market.
Pegasystems (PEGA) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.59 per share a year ago.
BCE provides high-capacity fiber connections to several communities in Manitoba to bridge the connectivity gap.
CAMBRIDGE, Mass. , April 5, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced that it will report financial results for the first quarter of 2023 on Wednesday, April 26, 2023, after market close.
Pegasystems (PEGA) is benefitting from transition to subscription model. The company's subscription revenues topped $1 billion in 2022.