In his latest report, Wedbush analyst Dan Ives revealed his top AI picks for 2025. Among them was the firm Pegasystems (NASDAQ: PEGA). The software company already had a great 2024, with shares providing a total return of 91%. Wedbush, as well as other Wall Street analysts, remain bullish on the tech stock despite this. Analysts at Royal Bank of Canada (NYSE: RY) and Citigroup (NYSE: C) have updated their price targets in the past month. The average of the two implies upside in Pegasystems shares of 24%, as of the Jan. 8 close.
Below, I’ll break down exactly what Pegasystems does and provide an overview of its recent financial results. I’ll also detail what Pega needs to do to have a successful 2025.
