Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Pegasystems Inc. (PEGA) has a Wall Street consensus price target of $58.25, based on estimates from 23 covering analysts. With the stock currently trading at $43.73, this represents a potential upside of +33.2%. The company has a market capitalization of $7.46B.
Analyst price targets range from a low of $48.00 to a high of $65.00, representing a 29% spread in expectations. The median target of $60.00 aligns closely with the consensus average.
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 20.5x and forward P/E of 16.2x. Analysts expect EPS to grow +79.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $47.95, with bear and bull scenarios of $-27.91 and $53.27 respectively. Model confidence stands at 62/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus Wall Street price target for PEGA is $58.25, representing 33.2% upside from the current price of $43.73. With 23 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
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 $58.25 implies 33.2% upside from current levels.
With a forward P/E of 16.164x, PEGA trades at a relatively low valuation. The consensus target of $58.25 implies 33.2% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $65 for PEGA, while the most conservative target is $48. The consensus of $58.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $53 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
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.
The 12-month PEGA stock forecast based on 23 Wall Street analysts shows a consensus price target of $58.25, with estimates ranging from $48 (bear case) to $65 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $48, with bear/bull scenarios of $-28/$53.
Our quantitative valuation model calculates PEGA's fair value at $48 (base case), with a bear case of $-28 and bull case of $53. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 62/100.
PEGA trades at a forward P/E ratio of 16.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.5x. 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.
Wall Street analysts are very optimistic on PEGA, with a "Buy" consensus rating and $58.25 price target (33.2% 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.
PEGA analyst price targets range from $48 to $65, a 29% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $58.25 consensus represents the middle ground. Our model's $-28-$53 range provides an independent fundamental perspective.