What is PEGA's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for PEGA.

Stock Ratings / Technology / PEGA / options

APLD (37) WAY (63) PSN (58) BILI (53) ⌘ Pro Terminal →

Pegasystems Inc. (PEGA) Options Positioning, Max Pain & Unusual Sweeps

$34.58 +1.92% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $34.78

Pegasystems Inc. (PEGA) earns a Roarable Rating of B- (Buy) with 71/100 RQD Confidence. High-quality cash engine (76% profit margin, 22% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

📊 Historical Track Record: Scores of 71/100 (B-) historically ranked in the Top 14% of excess returns over the next 90 days (+6.8% avg 90D alpha vs SPY • 68.4% hit rate) →

ROARABLE B- • BUY Cap $5.55B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on PEGA Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is PEGA stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Pegasystems Inc. (NASDAQ: PEGA) is rated B- (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 71/100 at a spot price of $34.58 (+1.92% 1D, market cap $5.55B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 6/20, Executive Insider Alignment 18/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 19/20. Across 714 tracked Technology issuers, PEGA ranks #63 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does PEGA compare to APLD and WAY in the Technology sector?

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Within the Technology sector (EDP Services), PEGA carries a Roarable B- (71/100 RQD), trailing P/E of 14.2x, gross margin of 75.9%, and ROIC of 22.4%. By comparison, APLD (Applied Digital Corporation) holds a D- grade (37/100 RQD, P/E N/A, ROIC -21.7%, cap $5.39B) and WAY (Waystar Holding Corp.) posts a C grade (63/100 RQD, P/E 48.3x, ROIC 3.7%, cap $5.37B). Among the 5-stock peer group, PEGA leads on earnings multiple (14.2x) while PEGA leads on capital efficiency (22.4% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for PEGA?

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Per PEGA's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001013857), Pegasystems Inc. generated $1.75B in revenue (+16.6% YoY), $393.4M in net income, and $490.7M in free cash flow against $1.63B in total assets and $380.0M in total debt. Key quantitative strengths: Strong cash generator (76% profit margin)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $34.78 (+0.59%)🧬 Cannibal Buyback (-3.20% YoY Shares)⚙️ Cash Engine: 19/20 (A+) • 28.1% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 71/100 (B-) historically ranked in the Top 14% of excess returns over the next 90 days (+6.8% avg 90D alpha vs SPY • 68.4% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERBUY • B-

2-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B · Rk C+

Each axis scored 0–20

12M PRICE TARGET CONE+5.8% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for PEGA)Realized 20D OHLCV Swing Band: ±9.8%

Deterministic 5-Pillar Attribution (71/100 Composite)

🔍 WHY PEGA SCORES 71/100 (B-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+19/20 pts (27% of score)

SEC XBRL FY 2025 (10-K): 28.1% FCF Margin ($490.7M FCF) & 75.9% Gross Margin

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+19/20 pts (27% of score)

SEC Form 4 / 13F Thermometer: 86% Net Buy • Cannibal Buyback (-3.20% YoY Shares)

▼ #1 Drag / Risk Factor: Whale & Options Positioning6/20 pts (-14 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-14 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C+$33.83+4% Next Q

Q2 (-2Q)

Grade B-$35.18+0.5% Next Q

Q3 (-1Q)

Grade B-$35.37-2.2% Next Q

Current

Grade B-$34.58+6.8% Hist 90D α

Trajectory: C+ (63) → B- (71)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the PEGA Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 71/100 (B-) score, PEGA faces multiple-compression risk if 14.2x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Sensitive to high interest rates and tighter Federal Reserve market liquidity.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-3.20% YoY Shares) — any gross margin slip below 73.4% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($35.30) or 200D SMA ($36.81) invalidates the momentum regime and cuts Target Base ($36.60) toward Bear Floor ($28.36).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $PEGA• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “PEGA Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 71%NO 29%Trade / Inspect Odds →

CALL VS. PUT WHALE SHARE

— (No Active Options Snapshot)

Put/Call Ratio: — (No Active Options Snapshot)

MAX-PAIN EXPIRATION MAGNET

— (No Active Options Snapshot)

No active options chain max-pain snapshot on file

HISTORICAL 20D VOLATILITY SWING

±9.8%

Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (PEGA)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for PEGA.

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Whale Flow & Momentum Playbook: Evaluating PEGA & AI Leaders Without Chasing Tops

✓Institutional whale strikes & implied earnings move audit on PEGA
✓How disciplined traders manage risk using pre-published trigger & invalidation levels
✓Includes nightly RQD rating-change & forensic signal email alerts on tracked leaders

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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PEGA // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -6.01%📐 WEDGE COMPRESSION COIL

2026-11-03O $34.11H $34.58L $33.93C $34.58VOL 1.52M

RES: $37.01SUP: $32.76SMA50: $35.30SMA200: $36.81

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

PEGA Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 PEGA Butterfly Map → + Track PEGA →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

6.0%/yr Implied 5Y Growth

vs. +16.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on PEGA today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for PEGA. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for PEGA today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (PEGA)

Technology Rank #63 of 714 ⚔️ APLD vs PEGA Full Matrix →

1. Head-to-Head Technology Peer Comparison (PEGA vs. APLD, WAY, PSN, BILI)

Industry: EDP Services (163 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Pegasystems Inc. (PEGA) ranks #63 by composite RQD confidence (71/100, grade B-) and #202 by equity capitalization ($5.55B). Within this direct 5-issuer industry benchmark cohort, PEGA leads on earnings valuation at 14.2x trailing P/E, while PEGA leads on capital efficiency and profitability with 22.4% ROIC and 75.9% gross margin. PEGA currently leads its immediate peer cohort in composite quantitative strength at 71/100 (B-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
PEGA ACTIVE Pegasystems Inc.	B-	71/100	14.2x	75.9%	22.4%	+1.92%	$5.55B	Benchmark Subject
APLD Applied Digital Corporation	D-	37/100	—	35.1%	-21.7%	-8.95%	$5.39B	/apld-vs-pega →
WAY Waystar Holding Corp.	C	63/100	48.3x	—	3.7%	+0.50%	$5.37B	/way-vs-pega →
PSN Parsons Corporation	D+	58/100	21.6x	22.5%	9.7%	+4.46%	$5.35B	/psn-vs-pega →
BILI Bilibili Inc.	D+	53/100	31.4x	36.6%	10.9%	+6.55%	$5.28B	/bili-vs-pega →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001013857

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Pegasystems Inc. (PEGA) reported GAAP revenue of $1.75B (+16.6% vs. FY2024 revenue of $1.50B , and +21.9% cumulative change since FY2023) , GAAP net income of $393.4M, operating cash flow of $505.2M, and free cash flow of $490.7M (+45.1% YoY). On the balance sheet, PEGA closed FY2025 with $1.63B in total assets against $380.0M in total debt (Altman Z-Score: 6.14, Piotroski F-Score: 9/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$1.75B	$393.4M	$505.2M	$490.7M	$1.63B	$380.0M
FY2024 (FY)	2024-12-31	$1.50B	$99.2M	$345.9M	$338.2M	$1.77B	$532.3M
FY2023 (FY)	2023-12-31	$1.43B	$67.8M	$217.8M	$153.3M	$3.07B	$718.5M

3. PEGA Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is PEGA stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does PEGA compare to APLD and WAY in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for PEGA?

Where is PEGA trading relative to its 50-day, 200-day, and 52-week technical levels?

PEGA last traded at $34.58 (+1.92% on volume of 2,184,935 shares), positioning the stock -2.04% below its 50-day simple moving average ($35.30) and -6.06% below its 200-day simple moving average ($36.81). Across its 52-week range of $25.10 to $63.97, PEGA sits at the 24.4% percentile with a 14-day RSI of 44.2 (NEUTRAL RANGE) and an implied next-earnings move of ±9.8% ($31.19 to $37.97).

Direct Sub-Reports: PEGA RQD Cockpit PEGA 12M Forecast PEGA Earnings & Move PEGA Dividends & DRIP PEGA Insiders & 13F PEGA Whale Options PEGA Profit Sankey PEGA News & Why

ROARABLE RATING BRIEF • RQD 71/100 (B-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

PEGA — Pegasystems Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:20:07Z

1. Roarable Rating Brief: What This Means to a Prospective Investor

PEGA scores 73 out of 100, grade B, labeled "Roarable Buy — Good Risk/Reward." The five pillars are:

Fundamental Cash Engine: 19 / 20. this pillar reflects ROIC of 22.4% and an FCF yield of 8.79%. For an investor, this is the strongest support in the score: the business is generating returns on capital and free cash flow well above what the balance sheet alone would suggest.
Whale 13F Flow: 7 / 20. this pillar captures institutional accumulation and options positioning. The low score indicates the institutional signal is weak relative to the other pillars, so the stock is not drawing strong smart-money support in this dataset.
Insider Conviction: 19 / 20. this pillar reflects SEC Form 4 and Congressional PTR cluster flow.
Macro Regime Fit: 10 / 20. this pillar is anchored by a beta of 1.17 and sector sensitivity. The middling score means the stock is more exposed to market swings than average, which matters for an investor sensitive to drawdowns.
Forensic Balance Sheet: 18 / 20. this pillar reflects Altman Z of 6.14, Piotroski F of 9/9, and Debt/Equity of 0.45. These are strong readings that suggest low near-term solvency risk.

Taken together, the score says the business quality and balance sheet are the core upside drivers, while the weakest areas are institutional flow and macro fit. The valuation tradeoff is that the forward P/E of 11.9 sits well below the EV/EBITDA of 20.8, so the market multiple picture is mixed and an investor should weigh cash-generation quality against the higher-beta exposure. This is an analytical read of the rating, not a recommendation.

2. Business Model, Unit Margins & SEC Financial Trajectory

Pegasystems Inc. (PEGA) is a NASDAQ-listed operating company in the EDP Services industry (Technology sector) with an equity market capitalization of $5.55B. The business operates with a gross margin of 75.9%, an operating margin of 15.1%, and a return on invested capital (ROIC) of 22.4% (free cash flow yield of 8.79%). Within the EDP Services peer group, investor evaluation centers on operating leverage, unit margin durability, and capital allocation efficiency across market cycles.

Revenue grew from $1.43B in FY 2023 to $1.75B in FY 2025, and net income rose from $67.8M to $393.4M over the same span. Per the market data, gross margin is 75.9%, operating margin 15.1%, and net margin 22.5%, with ROIC of 22.4%. The Altman Z-Score is 6.14 and the Piotroski F-Score is 9/9. Debt fell from $718.5M in FY 2023 to $380.0M in FY 2025, and the Debt/Equity ratio is 0.45.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case: Strong cash engine: 22.4% ROIC and 8.79% FCF yield, with a forensic balance sheet scoring Altman Z 6.14 and Piotroski F 9/9. With Fundamental Cash Engine at 19/20 (ROIC 22.4%, FCF yield 8.79%) and Institutional Whale Flow at 6/20, sustained execution supports upside toward the top of the $25.10 – $63.97 52-week range.
🐻 Primary Bear Case: Weak institutional and macro support: 7/20 whale flow and 10/20 macro fit, with beta of 1.17 and recent earnings-miss and price-target-cut headlines. Investors must weigh 14.2x trailing P/E and 20.8x EV/EBITDA against 15.1% operating margins and a 1.17 macro beta if sector demand softens.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in EDP Services (Technology), PEGA carries a macro regime beta of 1.17 and gross margin of 75.9%.

Key Question #1: What drove the FY 2024 to FY 2025 jump in net income from $99.2M to $393.4M, and how much of it is recurring?
Key Question #2: Why is EPS reported as N/A for every period, and how does that reconcile with the stated EPS (TTM) of 2.4?
Key Question #3: What is the basis for the earnings-miss and price-target-cut headlines, and do they change the forward valuation view?

PEGA Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Pegasystems Inc. (PEGA) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to PEGA Debate Forum (3) ↓

🟢 CATALYST Yahoo Finance • 20h ago

Why Are Pegasystems (PEGA) Shares Soaring Today

Yahoo Finance report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH The Motley Fool • 23h ago

Why Pegasystems Stock Dropped After Earnings

The Motley Fool report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Pegasystems: AI Isn't Driving New Wins For This Company (NASDAQ:PEGA)

Seeking Alpha report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Yahoo Finance • 1d ago

Pegasystems (PEGA) Misses Q3 Earnings and Revenue Estimates

Yahoo Finance report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 1d ago

Pegasystems (NasdaqGS:PEGA) Stock Forecast & Analyst Predictions

Simply Wall St report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH MarketBeat • 1d ago

Pegasystems (NASDAQ:PEGA) Stock Price Target Cut by Citigroup

MarketBeat report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

Revenue rose 3% at Pega, but GAAP net income fell 68% in Q3.

Stock Titan report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Investing.com Canada • 1d ago

Yorkville Ives initiates Pegasystems stock with outperform rating By Investing.com

Investing.com Canada report covering Pegasystems Inc. (PEGA) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

PEGA Bull vs. Bear Conversation Board — What's Your Call at $34.58?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON PEGA 🐻 33% BEARISH CONVICTION

CA CashFlowKing FCF Compounder Hunter 🐂 BULLISH 🎯 Target: $40.72 (+20.0%)

📌 Pinned Debate

Strong cash engine: 22.4% ROIC and 8.79% FCF yield, with a forensic balance sheet scoring Altman Z 6.14 and Piotroski F 9/9.

Long PEGA at $33.93 targeting $40.72. Strong cash engine: 22.4% ROIC and 8.79% FCF yield, with a forensic balance sheet scoring Altman Z 6.14 and Piotroski F 9/9.. Institutional whale score is 6/20 and the risk/reward vs. the $25.10 52-week low is skewed heavily in favor of bulls.

EarningsSniper 🐂 BULL

@RiskArb_Desk Shorting a 6/20 institutional whale-flow stock at $33.93 is dangerous when funds are rotating into Technology.

RI RiskArb_Desk Hedged Event Driven 🐻 BEARISH 🎯 Target: $25.79 (-24.0%)

Spot @ $33.93

Weak institutional and macro support: 7/20 whale flow and 10/20 macro fit, with beta of 1.17 and recent earnings-miss and price-target-

Fading this rally in PEGA at $33.93. Weak institutional and macro support: 7/20 whale flow and 10/20 macro fit, with beta of 1.17 and recent earnings-miss and price-target-cut headlines.. With a beta of 1.17 and the stock sitting at $33.93 (52-wk range $25.10–$63.26), the easy multiple expansion is already priced in.