Rating Change
Citizens analysts downgraded Pegasystems Inc. (NASDAQ:PEGA) from Market Outperform to Market Perform on July 22, 2026.
Rating Change Citizens analysts downgraded Pegasystems Inc. (NASDAQ:PEGA) from Market Outperform to Market Perform on July 22, 2026. Market Context Pegasystems Inc.

Citizens analysts downgraded Pegasystems Inc. (NASDAQ:PEGA) from Market Outperform to Market Perform on July 22, 2026.
Pegasystems Inc. operates in the Technology sector. The stock currently trades at $25.99 with a market capitalization of $10.5B. The stock has declined 46.7% over the past 52 weeks.
Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Citizens's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 22, 2026 | Citizens | Market Perform | N/A |
| Jul 16, 2026 | Rosenblatt | Buy | N/A |
| Jun 10, 2026 | DA Davidson | Buy | N/A |
| Jun 10, 2026 | Rosenblatt | Buy | N/A |
| Jun 10, 2026 | Citizens | Market Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View PEGA Stock Page
A Market Perform rating from Citizens reflects the analyst's outlook on Pegasystems Inc. (NASDAQ:PEGA). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the PEGA forecast page.
Current market data
NASDAQ · PEGA
$31.35
Up: +$1.73 · +5.50%
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