couter

PEGAPegasystems Inc.

Information TechnologyApplication Software

The Read

00 following its Q4 2025 earnings and guidance, PEGA's stock fell about 11% on weak Q2 2026 results, missing revenue and earnings estimates due to customer uncertainty, AI delays, and execution issues.
Oct 20, 2026 — Q3 2026 Earnings Release & FY2026 Guidance Update
Chart by TradingView

The schedule

  • Tue20Oct

    Q3 financial results release, evaluating early pipeline conversion and maintenance renewals ahead of the critical Q4.

  • Tue15Dec

    End-of-year enterprise IT budget commitments, assessing competitive pressure from dominant cloud and CRM vendors.

  • Tue19Jan

    Pegasystems' seasonally critical Q4 earnings report, heavily weighted for annual renewals and FY2027 billings guidance.

  • Tue20Apr

    Q1 financial update, testing whether the Q4 billings momentum can sustain through the structurally lighter first quarter.

  • Tue20Jul

    Mid-year results reviewing the impact of the GenAI Blueprint rollout on core application development cycles.

Past

  • Thu10Sep

    Pegasystems will outline its workflow automation and GenAI Blueprint integration roadmaps for the upcoming budget cycle.

  • Tue21Jul

    Actual outcome: Bear

    Pegasystems reported disappointing Q2 2026 results, missing Wall Street estimates on both revenue and earnings with adjusted EPS of $0.35 versus the expected $0.43. The stock sold off heavily as management cited customer uncertainty around AI, delayed buying decisions, and go-to-market execution issues that weighed on annual contract value (ACV) growth, prompting analysts to cut their forecasts.

    Q2 2026 earnings and an updated 2026 outlook will show whether Pegasystems can reaccelerate growth after a soft Q1 while sustaining the margin and free cash flow gains implied by the strong Q4 2025 print. With shares at $36.2, well below the 52-week high, the market is cautious on negative 9.6% revenue growth and high-teens EV/EBITDA, so the bar is now centered on stabilizing subscription growth and confirming that AI-powered products like Blueprint are driving new ACV.

  • Tue10Feb

    Actual outcome: Bull · $44.50 at outcome

    Price reached or exceeded bull target ($43.00) at outcome date.

    Price reached or exceeded bull target ($43.00) at outcome date.