Pegasystems Inc. (PEGA) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$36.37
Price Target
$56.60
Target Range
$48.00 — $60.00
Analyst Rating
Buy
Forward P/E13.4x
Trailing P/E17.1x
Forward PEG—
Implied Growth+42.6%
Median Target$60.00
Analyst Spread21.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$48
+32.0%
Consensus
$57
+55.6%
Bull Case
$60
+65.0%
PEGA Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Pegasystems Inc. (PEGA) has a Wall Street consensus price target of $56.60, based on estimates from 23 covering analysts. With the stock currently trading at $36.37, this represents a potential upside of +55.6%. The company has a market capitalization of $6.15B.
Analyst price targets range from a low of $48.00 to a high of $60.00, representing a 21% spread in expectations. The median target of $60.00 differs from the mean, suggesting potential outlier estimates. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 17 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PEGA trades at a trailing P/E of 17.1x and forward P/E of 13.4x. Analysts expect EPS to grow +42.6% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+53.7%
Avg Forward P/E26.5x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 APPNAppian Corporation | $1.7B | $23.18 | $31.25 | +34.8% | Hold | 26.1x | 19 |
 AGYSAgilysys, Inc. | $1.9B | $68.56 | $105.00 | +53.2% | Buy | 41.7x | 8 |
 POWIPower Integrations, Inc. | $4.4B | $78.23 | $79.00 | +1.0% | Buy | 60.5x | 16 |
 NICENICE Ltd. | $5.9B | $96.85 | $150.88 | +55.8% | Buy | 8.8x | 23 |
 CRMSalesforce, Inc. | $174.3B | $181.19 | $287.00 | +58.4% | Buy | 15.4x | 97 |
 NOWServiceNow, Inc. | $92.3B | $89.05 | $151.52 | +70.2% | Buy | 21.4x | 68 |
 MSFTMicrosoft Corporation | $3.1T | $413.87 | $551.75 | +33.3% | Buy | 24.9x | 81 |
 ORCLOracle Corporation | $557.7B | $193.99 | $257.19 | +32.6% | Buy | 25.9x | 86 |
 SAPSAP SE | $201.7B | $173.13 | $391.67 | +126.2% | Buy | 23.6x | 43 |
 INTUIntuit Inc. | $108.5B | $388.55 | $666.75 | +71.6% | Buy | 16.7x | 43 |
Upside Potential Comparison
SAPINTUNOWCRMNICEAGYSAPPNMSFTSee PEGA's True Return
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Start ComparisonPEGA — Frequently Asked Questions
Quick answers to the most common questions about buying PEGA stock.
What is the PEGA stock price target for 2026?
The consensus Wall Street price target for PEGA is $56.6, representing 55.6% upside from the current price of $36.37. With 23 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is PEGA a buy, sell, or hold?
PEGA has a consensus rating of "Buy" based on 23 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $56.6 implies 55.6% upside from current levels.
Is PEGA stock overvalued or undervalued?
With a forward P/E of 13.3841x, PEGA trades at a relatively low valuation. The consensus target of $56.6 implies 55.6% appreciation, suggesting meaningful undervaluation.
How high can PEGA stock go?
The most bullish Wall Street analyst has a price target of $60 for PEGA, while the most conservative target is $48. The consensus of $56.6 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover PEGA stock?
PEGA is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 17 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PEGA stock forecast?
The 12-month PEGA stock forecast based on 23 Wall Street analysts shows a consensus price target of $56.6, with estimates ranging from $48 (bear case) to $60 (bull case). The median consensus rating is "Buy".
What is PEGA's forward P/E ratio?
PEGA trades at a forward P/E ratio of 13.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PEGA stock?
Wall Street analysts are very optimistic on PEGA, with a "Buy" consensus rating and $56.6 price target (55.6% upside). 17 of 23 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PEGA price targets vary so much?
PEGA analyst price targets range from $48 to $60, a 21% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $56.6 consensus represents the middle ground.