Digital Transformation Demand Increases Pega Cloud Revenue 56 percent in Q1 2021

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Go back to Digital Transformation Demand Increases Pega Cloud Revenue 56 percent in Q1 2021

Pegasystems (PEGA) PT Raised to $180 at Needham & Company

April 29, 2021 6:56 AM EDT

Needham & Company analyst Jack Andrews raised the price target on Pegasystems (NASDAQ: PEGA) to $180.00 (from $169.00) while maintaining a Buy rating.

The analyst commented, "PEGA reported solid 1Q21 results as Pega Cloud ACV, revenue, and EPS were all ahead of consensus. Our... More

Pegasystems (PEGA) Tops Q1 EPS by 17c, Revenues Beat

April 28, 2021 5:08 PM EDT

Pegasystems (NASDAQ: PEGA) reported Q1 EPS of $0.26, $0.17 better than the analyst estimate of $0.09. Revenue for the quarter came in at $313.5 million versus the consensus estimate of $306.64 million.

"The pandemic clearly reaffirmed that organizations need to accelerate their digital transformation initiatives with low-code solutions.... More