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Pegasystems Inc. stock reached a 52-week high, climbing to 61.0 USD. According to InvestingPro data, the company, now valued at $10.4 billion, appears to be trading above its Fair Value, with a P/E ratio of 51. This milestone underscores a significant upward trend for the company, as it marks a 65.57% increase over the past year. The surge in Pegasystems’ stock price reflects investor confidence and positive market sentiment, supported by 12.47% revenue growth and a "GREAT" financial health score. The company’s performance and future prospects look promising, with net income expected to grow this year. For deeper insights into PEGA’s valuation and growth potential, access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Pegasystems Inc. reported strong second-quarter 2025 results, with non-GAAP earnings per share of $0.28, surpassing analysts’ consensus estimates of $0.23. This performance led JMP Securities to raise its price target for Pegasystems from $63.00 to $78.00 while maintaining a Market Outperform rating. In a similar move, DA Davidson also increased its price target for Pegasystems from $50 to $60, following observed acceleration in the company’s Annual Contract Value.
Additionally, Pegasystems announced the general availability of Pega ’25, an AI-driven enterprise transformation platform aimed at modernizing legacy systems. The company also revealed that its Pega Cloud service is now available on Google Cloud in Saudi Arabia, aligning with the country’s Vision 2030 initiative to become a regional technology hub. Furthermore, Pegasystems will maintain its quarterly dividend of $0.03 per share, payable on October 15, 2025. These developments reflect Pegasystems’ ongoing efforts to expand its global reach and enhance its product offerings.
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