Pegasystems Stock Has Fallen 46% in a Year. Here’s Where the Stock Could Go

Pegasystems Stock Has Fallen 46% in a Year. Here's Where the Stock Could Go ©TIKR Key Stats for Pegasystems Stock Current Price: $37.63 Target Price (Mid): ~$50 Street Target: ~$43 Potential Total Return: ~33% Annualized IRR: ~7% / year What Happened? Pegasystems (PEGA) did something most beaten-down software companies avoid: it explained, in plain terms, exactly how it lost its own year. Speaking at Citi's Global TMT Conference on September 8, CFO Ken Stillwell conceded that annual contract value growth will land near 10% for 2026, not the 15% guided in January, and that the shortfall traces to a sales-execution stumble rather than collapsing demand. The stock closed at $37.63 on September 15, roughly 46% below where it traded a year ago.