Rosenblatt Securities analyst Yun Kim maintained a Buy rating on Pegasystems (NASDAQ:PEGA) Inc. on Wednesday, setting a price target of $120, which is approximately 24.75% above the present share price of $96.19.
Kim expects Pegasystems Inc . to post earnings per share (EPS) of -$0.32 for the second quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Pegasystems, with an average price target of $111.14.
The analysts price targets range from a high of $120 to a low of $104.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $265.59 million and a net profit of -$24.32 million. The company's market cap is $7.82 billion.
According to TipRanks.com, Rosenblatt Securities analyst Yun Kim is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.8% and a 72.27% success rate.
Pegasystems, Inc. engages in the development, market, license, and support of software, which allows organizations to build, deploy, and change enterprise applications. The company was founded by Alan Trefler in 1983 and is headquartered in Cambridge, MA.