Pega Announces Quarterly Cash Dividend for First Quarter of 2025

$PEGA
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Recent Analyst Ratings for
$PEGA

DatePrice TargetRatingAnalyst
1/14/2025$118.00Overweight
KeyBanc Capital Markets
8/1/2024$68.00 → $84.00Hold → Buy
Loop Capital
7/31/2024$85.00Mkt Perform → Mkt Outperform
JMP Securities
7/30/2024Mkt Perform → Outperform
William Blair
1/12/2024$52.00Underweight → Equal Weight
Barclays
7/5/2023$50.00 → $65.00Neutral → Outperform
Exane BNP Paribas
6/6/2023$48.00Neutral
DA Davidson
5/8/2023$56.00Buy
Rosenblatt
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Press Releases

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  • Pega Announces Repayment of Convertible Senior Notes at Maturity

    Strategic Debt Fully Repaid as Pega Achieves Rule of 40 Status(1) Pegasystems Inc. ("Pega" or "the Company") (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it has repaid in full the outstanding 0.75% Convertible Senior Notes (the "Convertible Notes") due March 1, 2025 for a cash payment of $469.6 million. The Convertible Notes, which were issued in February 2020 for an aggregate principal amount of $600 million, provided Pega with critical capital at a time when Pega was shifting from a traditional software licensing model to a subscription-based business. "The full repayment of our remaining Convertible Notes represents a significant milestone in Pega's transf

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  • Pega Launches Customer Engagement Blueprint to Optimize AI-Powered Personalization

    Gen AI marketing tool helps brands easily visualize customer journeys and quickly ideate and refine strategies for better engagement Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation CompanyTM, today announced Pega Customer Engagement Blueprint, a generative AI-powered collaboration tool that helps marketing, customer experience, and AI practitioners design customer engagement programs with precision, speed, and clarity. This solution – powered by Pega GenAI BlueprintTM – provides scalability and advanced gen AI capabilities that enable any user to better understand, adapt, deliver, and grow AI-powered customer engagement across their organizations. This press release feature

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  • Pega Launches Multi-Region Disaster Recovery Service to Safeguard Mission-Critical Operations Running on Pega Cloud

    Enhanced Disaster Recovery service improves resilience and reliability across geographically dispersed regions during catastrophic events Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced the launch of its new multi-region Pega Enhanced Disaster Recovery (EDR) service for Pega Cloud™. The expanded service includes additional protections to meet the mission-critical needs of clients in highly regulated industries by providing two paired deployment regions separated by at least 125 miles. This helps ensure businesses can quickly resume operations with minimal data loss and downtime should disaster strike. System downtime can result in significant financ

    $PEGA
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$PEGA
Analyst Ratings

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Insider Purchases

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Insider Trading

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Leadership Updates

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  • Pega appoints Rohit Ghai to its Board of Directors

    Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced the appointment of Rohit Ghai to its board of directors. Mr. Ghai brings more than two decades of leadership and digital transformation experience in the enterprise software industry, delivering profitable growth for large global organizations, including publicly traded companies in highly regulated markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121745577/en/Rohit Ghai Joins Pega's Board of Directors (Photo: Business Wire) Mr. Ghai, 55, has deep expertise in operational and digital transformation as well as cybersecurity best prac

    $PEGA
    EDP Services
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  • Gen AI Inspiring Greater Enterprise Adoption of Other AI Types, Says Research

    Study suggests enterprises embracing a fuller set of AI tools to increase productivity and drive transformation The rapid rise of creative ‘right-brain' generative AI has opened the door to greater adoption of the more analytical ‘left-brain' AI decisioning solutions by global businesses, according to new research from Pegasystems Inc. (NASDAQ:PEGA), the leading enterprise AI decisioning and workflow automation platform provider. The study, conducted by research firm Savanta, was unveiled at PegaWorld® iNspire, the company's annual conference in Las Vegas. It surveyed more than 500 business decision makers across enterprises worldwide on their understanding and use of AI, as well as the c

    $PEGA
    EDP Services
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  • Edgio Announces New Board of Directors

    Reduces Board Size from Nine to Five Members and Appoints New Directors Strong Leadership and Governance Committed to Building Sustainable Shareholder Value Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that it has reconstituted its Board of Directors. The now five-member Board includes three newly appointed, highly qualified directors: Ken Traub, Frank Verdecanna and Mio Babic. Ken Traub has also been named as Chairman of the Board. These additions enrich the Board with diverse global expertise in corporate governance, cybersecurity, digital media, and strategic growth. Simultaneously, seven existing

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Financials

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  • Pega's AI Innovation Drives Strong ACV Growth and Record Cash Flow in Q4 2024

    Operating cash flow grows to $346 million and free cash flow grows to $338 million in 2024 Annual Contract Value (ACV) grows 9% year over year (11% in constant currency) Pega Cloud ACV grows 18% year over year (21% in constant currency) 2025 guidance of 12% ACV growth, $455 million in cash flow from operations, and $440 million in free cash flow Pegasystems Inc. (NASDAQ:PEGA), the Enterprise Transformation Company™, released its financial results for the fourth quarter and full-year 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250212298048/en/Total ACV Growth and Pega Cloud ACV Growth (Graphic: Business Wire

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  • Pega to Announce Financial Results for the Fourth Quarter and Fiscal Year 2024 and Host Conference Call and Webcast

    Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it will report financial results for the fourth quarter and fiscal year 2024 on Wednesday, February 12, 2025, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EST on Thursday, February 13, 2025. Members of the public and investors are invited to join the call and participate in the question and answer session by dialing 1 (800) 715-9871 (domestic) or 1 (646) 307-1963 (international) and using Conference ID 3830305, or via https://events.q4inc.com/attendee/343473625 by logging onto www.pega.com at least five minutes prior to the event's broadcast and clicking o

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  • Pega Announces Quarterly Cash Dividend for First Quarter of 2025

    Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q1 2025 dividend will be paid on January 16, 2025, to shareholders of record as of January 2, 2025. About Pega Pega is The Enterprise Transformation Company that helps organizations Build for Change® with enterprise AI decisioning and workflow automation. Many of the world's most influential businesses rely on our platform to solve their most pressing challenges, from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architect

    $PEGA
    EDP Services
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$PEGA
Large Ownership Changes

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