William Blair analyst Jake Roberge has maintained their bullish stance on PEGA stock, giving a Buy rating today.
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Jake Roberge has given his Buy rating due to a combination of factors tied to Pegasystems’ operating performance and outlook. He notes that the company beat consensus expectations on both revenue and earnings in the fourth quarter, and while constant-currency ACV growth of 14% was slightly softer than anticipated, management’s forecast for ACV to accelerate to 15% in 2026 signals strengthening demand and solid business momentum.
Roberge also emphasizes the strategic role of the Blueprint platform, which is boosting sales pipeline activity, improving competitive win rates, and enabling faster new-logo acquisition, all of which support a more durable growth profile. Supported by management’s projection for cloud revenue to expand by more than 30% and total revenue to rise 12% in 2026—well ahead of consensus—alongside free cash flow margins expected at 29%, he views the combination of accelerating growth and strong profitability as compelling justification for a Buy recommendation on PEGA.
According to TipRanks, Roberge is an analyst with an average return of -10.9% and a 31.31% success rate. Roberge covers the Technology sector, focusing on stocks such as Workday, Adobe, and Mitek Systems.
In another report released today, TipRanks – xAI also upgraded the stock to a Buy with a $46.00 price target.