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[url="]Pegasystems Inc.[/url] (NASDAQ: PEGA), the enterprise AI software company for mission-critical work, today announced Forrester Research named Pega a Lead
WALTHAM, Mass.--(BUSINESS WIRE)---- $PEGA #AI--Pegasystems Inc. (NASDAQ: PEGA), the enterprise AI software company for mission-critical work, today announced Forrester Research named Pega a Leader in The Forrester Wave™: AppGen and Low-Code Platforms, Q4 2026 (1). Pega received the highest scores possible in eight of the 21 total evaluation criteria. The report explains, “Pegasystems' vision is built on the belief that enterprises need governed agentic systems, not standalone AI agents. Its above-par roadmap.
Annual contract value reached $1.66 billion in the third quarter on a constant currency basis. The company repurchased just under 11 million shares for about $430 million.
Pegasystems Inc. ( PEGA ) Q3 2026 Earnings Call October 21, 2026 8:00 AM EDT Company Participants Peter Welburn - Vice President of Investor Relations Alan Trefler - Founder, CEO & Chairman of the Board Kenneth Stillwell - COO & CFO Conference Call Participants Raimo Lenschow - Barclays Bank PLC, Research Division Steven Enders - Citigroup Inc., Research Division Devin Au - KeyBanc Capital Markets Inc., Research Division Patrick Walravens - Citizens JMP Securities, LLC, Research Division Blair Abernethy - Rosenblatt Securities Inc., Research Division Patrick McIlwee - William Blair & Company L.L.C., Research Division Lucky Schreiner - D.A.
It's no mystery why Pegasystems dropped today: Earnings fell by 2/3. Free cash flow is down a bit as well.
Pegasystems NASDAQ: PEGA said third-quarter annual contract value growth improved from earlier in the year but remained below the company's view of its market opportunity, prompting changes to its go-to-market structure, marketing organization and customer deployment efforts.
Although the revenue and EPS for Pegasystems (PEGA) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Pegasystems (PEGA) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.3 per share a year ago.