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Pegasystems (PEGA) PT Lowered to $32 at DA Davidson Post Q2 Miss

Fri, 24 Jul 2026 08:53:35 -0400

DA Davidson analyst Lucky Schreiner lowered the price target on Pegasystems (NASDAQ: PEGA) to $32.00 (from $55.00) while maintaining a Buy rating.

The analyst commented, "We maintain our BUY rating for PEGA after 2Q earnings missed expectations with growth decelerating as customers delayed purchasing decisions due to uncertainty around the impact of AI. We have reduced our estimates for PEGA to account for changes in the demand environment. We are less constructive on PEGA after results with demand trends deteriorating near term but remain optimistic about the potential for FCF upside in FY27."

Pegasystems (PEGA) PT Lowered to $32 at DA Davidson Post Q2 Miss

Fri, 24 Jul 2026 08:53:35 -0400

DA Davidson analyst Lucky Schreiner lowered the price target on Pegasystems (NASDAQ: PEGA) to $32.00 (from $55.00) while maintaining a Buy rating.

Pegasystems (PEGA) PT Lowered to $47 at Rosenblatt

Thu, 23 Jul 2026 07:24:58 -0400

(Updated - July 23, 2026 7:24 AM EDT)

Rosenblatt analyst Blair Abernathy lowered the price target on Pegasystems (NASDAQ: PEGA) to $47.00 (from $58.00) while maintaining a Buy rating.

The analyst commented: "Further to our first look note (“Delayed Purchase Decisions Adversely Impact Q2 Results”) and its conference call, we are trimming our forecast and lowering our target price to $47 (was $58). We expect the widespread deal delays experienced in Q2, driven by customer confusion and indecision over rapidly evolving AI technology, are likely to persist through 2H when Pega has 2/3 of its 2026 pipeline to close. Pega reported Q2

Pegasystems (PEGA) PT Lowered to $47 at Rosenblatt

Thu, 23 Jul 2026 07:24:58 -0400

(Updated - July 23, 2026 7:24 AM EDT)

Rosenblatt analyst Blair Abernathy lowered the price target on Pegasystems (NASDAQ: PEGA) to $47.00 (from $58.00) while maintaining a Buy rating.

Pegasystems (PEGA) PT Lowered to $35 at RBC Capital

Thu, 23 Jul 2026 06:59:53 -0400

RBC Capital analyst Rishi Jaluria lowered the price target on Pegasystems (NASDAQ: PEGA) to $35.00 (from $60.00) while maintaining a Outperform rating.

Pegasystems (PEGA) PT Lowered to $39 at Barclays

Thu, 23 Jul 2026 05:46:23 -0400

Barclays analyst Raimo Lenschow lowered the price target on Pegasystems (NASDAQ: PEGA) to $39.00 (from $48.00) while maintaining a Overweight rating.

Loop Capital Downgrades Pegasystems (PEGA) to Hold

Thu, 23 Jul 2026 01:11:54 -0400

Loop Capital analyst Yun Kim downgraded Pegasystems (NASDAQ: PEGA) from Buy to Hold with a price target of $25.00 (from $55.00).

The analyst comments: “PEGA missed ACV and FCF estimates — the metrics that matter — for the second consecutive quarter. FX-adjusted ACV growth fell to 8%, missing expectations, while FCF of $84M also came in below our estimate. The shortfall was attributed to delayed purchase decisions amid “unprecedented changes in the AI market,” as well as execution issues. These pressures are expected to persist, prompting management to back away from its 2026 targets. While we applaud management’s continued commitment to

Loop Capital Downgrades Pegasystems (PEGA) to Hold

Thu, 23 Jul 2026 01:11:54 -0400

Loop Capital analyst Yun Kim downgraded Pegasystems (NASDAQ: PEGA) from Buy to Hold with a price target of $25.00 (from $55.00).

William Blair Downgrades Pegasystems (PEGA) to Market Perform

Thu, 23 Jul 2026 01:09:55 -0400

William Blair analyst Jake Roberge downgraded Pegasystems (NASDAQ: PEGA) from Outperform to Market Perform.

The analyst comments: “While management had previously communicated that growth in the first half of the year would be relatively weak, results and commentary this quarter came in short of already-tempered expectations (see summary chart in the note). This is the second-straight quarter of underperformance for Pega, which the team attributed to three factors: 1) a renewal portfolio weighted toward the second half of the year (limited cross-sell and upsell activity that typically drives the majority of net new ACV); 2) slower-than-planned execution on recent go-to-market shifts

William Blair Downgrades Pegasystems (PEGA) to Market Perform

Thu, 23 Jul 2026 01:09:55 -0400

William Blair analyst Jake Roberge downgraded Pegasystems (NASDAQ: PEGA) from Outperform to Market Perform.

KeyBanc Downgrades Pegasystems (PEGA) to Sector Weight

Wed, 22 Jul 2026 16:04:13 -0400

KeyBanc analyst Devin Au downgraded Pegasystems (NASDAQ: PEGA) from Overweight to Sector Weight.

For an analyst ratings summary and ratings history on Pegasystems click here. For more ratings news on Pegasystems click here.

Shares of Pegasystems closed at $30.94 yesterday.

DA Davidson Reiterates Buy Rating on Pegasystems (PEGA) on Sustained Healthy FCF Despite Q2 Miss

Wed, 22 Jul 2026 09:02:25 -0400

DA Davidson analyst Lucky Schreiner reiterated a Buy rating and $55.00 price target on Pegasystems (NASDAQ: PEGA).

The analyst commented, "Yesterday after the close, PEGA announced 2Q26 results which came in below consensus estimates as customers delayed buying decisions due to uncertainty around the impact of AI. PEGA typically does not update guidance during the year though commentary suggested headwinds could continue moving forward. While we expected a back half-weighted year, PEGA's elongated sales cycles makes us incrementally less constructive while sustained healthy FCF keeps us positive overall."

For an analyst ratings summary and ratings history on Pegasystems click here. For

Citizens Downgrades Pegasystems (PEGA) to Market Perform

Wed, 22 Jul 2026 03:14:57 -0400

Citizens analyst Patrick Walravens downgraded Pegasystems (NASDAQ: PEGA) from Market Outperform to Market Perform.

The analyst comments: “We are downgrading Pegasystems to Market Perform from Market Outperform after the company announced disappointing 2Q26 results, with non-GAAP EPS of $0.35 (consensus $0.43) on revenue of $421M (consensus $427M), growth of 9% y/y (consensus 11%); cloud revenue of $214M (consensus $220M), up 28% y/y, a large deceleration from 36% last quarter; and total ACV of $1.620B (consensus $1.658B), up 7% y/y, down from 12% last quarter and 17% in Q4, all of which left the stock down ~12% in the aftermarket after having

Citizens Downgrades Pegasystems (PEGA) to Market Perform

Wed, 22 Jul 2026 03:14:57 -0400

Citizens analyst Patrick Walravens downgraded Pegasystems (NASDAQ: PEGA) from Market Outperform to Market Perform.

After-Hours Stock Movers: SMCI, OKLO, XE, PEGA, CLDX, ALK

Tue, 21 Jul 2026 16:37:16 -0400

After-Hours Stock Movers:

Super Micro Computer (NASDAQ: SMCI)

Supermicro shares rocketed 20% higher following a bullish preliminary Q4 fiscal 2026 update. While fourth-quarter revenue is expected near the low end of its $11.0–$12.5 billion guidance, GAAP and non-GAAP gross margins exploded to 15%–17% (nearly doubling the guided 8.2%–8.4%) due to a favorable product and customer mix. Furthermore, record demand drove Q4 new orders above $60 billion, lifting server peers Dell Technologies (+5%) and Hewlett Packard Enterprise (+4.5%) in sympathy.

Oklo Inc. (NYSE: OKLO) & X-Energy (NASDAQ: XE)