11:56 AM EDT, 10/20/2025 (MT Newswires) -- Pegasystems ( PEGA ) is expected to report "strong" Q3 results supported by its Blueprint Agentic AI product, which is gaining traction with new and existing customers, Wedbush said in a report Monday.

Wall Street's Q3 forecasts of $351.5 million in revenue and $0.20 in earnings per share are "conservative," as Pegasystems' ( PEGA ) Blueprint is driving additional growth - mainly from existing customers, with rising potential from new ones, the analysts said.

Wedbush said it kept Pegasystems ( PEGA ) on its best ideas list as it views the company as "an under-the-radar AI play."

The firm maintained an outperform rating on the stock with a $70 price target.

Pegasystems ( PEGA ) is due to report Q3 results after the close on Tuesday.

Shares of Pegasystems ( PEGA ) were up more than 2% in recent Monday trading.

Price: 54.64, Change: +1.26, Percent Change: +2.36