Pegasystems: A Value Play Thanks To AI-Led Profitable Growth [Seeking Alpha]
Pegasystems Inc. (PEGA)
Last pegasystems inc. earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
pega.com/about/investors
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Source: Seeking Alpha
13min Summary Pegasystems' legal setback was reversed, and AI integration is driving higher subscription revenues and improved free cash flow, indicating a strong upside potential. The company reported $351 million in Q2 2024 sales with improved gross margins, driven by efficient AI-led automation and cost control measures. Despite strong competition, Pegasystems' strategic partnerships and nimble go-to-market strategy position it well for continued growth and profitability. Its value-oriented approach, focusing on steady growth and cash flow, makes it appealing for long-term investors, with a target price of $89. It remains interest-rate sensitive, implying volatility risks. Ibrahim Akcengiz My last coverage of Pegasystems ( NASDAQ: PEGA ) was in June 2022, and I had a hold position as just one month earlier it had been fined about $2 billion in damages to cloud computing firm Appian (NASDAQ: This article was written by Chetan Woodun 7.9K Follower s Follow
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News
- Chronic Disease Management Market is expected to reach a revenue of USD 18.4 Bn by 2033, at 13.9% CAGR: Dimension Market Research [Yahoo! Finance]Yahoo! Finance
- Ravesh Lala Joins Pega to Drive Clients’ Modernization of Legacy ApplicationsBusiness Wire
- Pega Launches Gen AI Capabilities to Unlock Rapid Digital TransformationBusiness Wire
- Veteran SaaS Marketing Executive to Drive Revenue Growth and Scale Operations for Chief Outsiders Clients [Yahoo! Finance]Yahoo! Finance
- Pegasystems Inc. (NASDAQ: PEGA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
PEGA
Earnings
- 10/23/24 - Beat
PEGA
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- PEGA's page on the SEC website