WEBER LARRY sold $100K of PEGA

Pegasystems Inc. won a $419M 10-year contract with the U.S. Army for software subscriptions, support, and services. The deal includes one bid and one received, with work locations and funding to be determined per order. The contract is expected to run until 2036.

Pegasystems (PEGA) reported Q2 revenue of $393.4M, up 3.1% YoY, missing estimates by 6.6%. ServiceNow (NOW) reported $3.99B in revenue, up 24% YoY, beating estimates. Microsoft (MSFT) reported $90.01B in revenue, up 17.7% YoY, exceeding expectations. PEGA's stock is up 1.9%, NOW up 64%, and MSFT up 33.5% since reporting.

Pegasystems (PEGA) reported Q3 2026 earnings, with CFO Kenneth Stillwell noting ACV growth expected to land below 10% for 2026. Free cash flow is impacted by non-recurring charges but is on track to exceed $600M in 2027, aiming for $700M by 2028. CEO Alan Trefler highlighted a mature Q4 pipeline and strong new logo activity. The company addressed AI deployment challenges and cloud revenue recognition timelines.

Pegasystems (PEGA) fell 3.6% after Q3 earnings missed expectations, reporting $0.35 EPS (non-GAAP) and $393.4M revenue, below forecasts of $0.49 EPS and $421.8M revenue. GAAP EPS was $0.08. Sales grew 3% YoY, but GAAP profits dropped 68%. CEO Trefler remains confident in long-term strategy. ACV rose 6%, outpacing revenue growth. Free cash flow is $438M annualized, down from $490M last year. CFO Stillwell predicts FCF to reach $700M+ by 2028.

Rosenblatt cut Pegasystems' (PEGA) price target to $43 from $47, citing weaker growth outlook due to AI-driven buyer indecision. The company expects fiscal 2026 annual contract value growth of 0-10%, down from 15%. Q3 earnings and revenue missed estimates, but PEGA highlighted cloud services growth and AI initiatives. Rosenblatt maintains a Buy rating, and InvestingPro suggests the stock is undervalued.

Pegasystems (NASDAQ: PEGA) reported Q3 earnings, highlighting customer demand for practical AI applications with governance and measurable value. CEO Alan Trefler emphasized the company's Blueprint and Infinity offerings, which integrate AI with workflows. The company announced organizational changes to improve execution and accelerate customer adoption. Q3 ACV growth was below expectations, but the company expects improvement in 2027.