Pegasystems Wins Key Virginia Supreme Court Trade Secrets Ruling

Pegasystems ( (PEGA) ) has issued an update.

On January 8, 2026, the Supreme Court of Virginia unanimously affirmed a July 30, 2024 decision by the Court of Appeals of Virginia that had reversed a prior judgment in favor of Appian Corp. on trade secret claims under the Virginia Uniform Trade Secrets Act in litigation against Pegasystems Inc. and former employee Youyong Zou, and ordered the case remanded for a new trial. The ruling fully rejected Appian’s appeal of the appellate decision and highlighted trial errors that Pegasystems has long challenged, including improper jury instructions on damages and limitations on Pegasystems’ ability to present evidence, marking a significant legal and reputational win for Pegasystems as it seeks to clear its name and mitigate exposure from the previously issued $2 billion verdict.

The most recent analyst rating on (PEGA) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Pegasystems stock, see the PEGA Stock Forecast page.

Spark’s Take on PEGA Stock

According to Spark, TipRanks’ AI Analyst, PEGA is a Neutral.

Pegasystems’ strong financial performance and positive earnings call sentiment are major strengths, indicating robust growth and strategic execution. However, technical analysis reveals bearish momentum, and the high P/E ratio suggests valuation concerns. The overall score reflects a balanced view of these factors.

To see Spark’s full report on PEGA stock, click here.

More about Pegasystems

Pegasystems Inc. is a business software company that provides workflow automation and customer engagement solutions, helping corporate clients drive digital transformation and operational efficiency across their organizations.

Average Trading Volume: 1,247,477

Technical Sentiment Signal: Strong Buy

Current Market Cap: $10.33B

Find detailed analytics on PEGA stock on TipRanks’ Stock Analysis page.