KOUNINIS EFSTATHIOS A sold $54K of PEGA

Pegasystems (PEGA) will report Q3'26 earnings on October 20. Analysts expect revenue of 422.56M USD and EPS of 0.49 USD. Results will be released after market close at 4:00 PM ET.

A class action lawsuit was filed against Pegasystems Inc. on Oct. 2, 2026, alleging its AI software, Pega Voice AI, secretly listened to and analyzed U.S. Bank customer calls without consent. The plaintiffs claim the software, used by U.S. Bank, intercepted sensitive personal information, violating privacy laws in California, Massachusetts, and Pennsylvania. They seek damages and a court order to stop the alleged interception.

Pegasystems (PEGA) stock is down 51% from its 52-week high. D.A. Davidson downgraded it to Neutral with a $32 price target, citing AI threats. PEGA develops automation software, but AI advancements may make its tools obsolete. The company has its own AI tool, Blueprint, and a loyal customer base. Analysts and investors are divided on its future prospects.

Pegasystems' shares declined after DA Davidson downgraded the company to 'Neutral' from 'Buy' with a $32 price target. The stock is down 1.6% today and 44.36% year-to-date.

Pegasystems' shares declined after JPMorgan downgraded the company to 'Neutral' from 'Overweight', lowering its price target to $47 from $54. The stock has fallen 39.25% year-to-date, despite a 1.57% gain over the past 5 days, trading at $36.07 USD.

Pegasystems (PEGA) stock fell 1.9% after JPMorgan downgraded it to Neutral, cutting its price target to $47 from $54. The bank cited execution risks and reduced revenue growth outlook, noting legal expenses and seasonal contract timing as near-term cash flow pressures. Management's adoption targets for Pega Cloud were deemed insufficient to offset growth concerns. The stock is trading near $36.14, down 38% year-to-date.