Press Release: Pega To Announce Financial Results For The Fourth Quarter And Fiscal Year 2025 And Host Conference Call And Webcast

What Happened?

A number of stocks jumped in the afternoon session after reports of easing geopolitical tensions in Greenland boosted investor sentiment. 

The relief rally saw major indices, including the S&P 500 and the tech-heavy Nasdaq Composite, rebound as investors moved back into riskier assets. This positive shift was reflected across the technology landscape, with all of the Magnificent Seven tech firms seeing their shares climb. The easing of international friction reduced market uncertainty, which often encourages investment in growth-oriented sectors like technology. The move was part of a broader market upswing, with the Dow Jones Industrial Average adding 500 points, signaling increased investor confidence.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Advertising Software company DoubleVerify jumped 3.7%. Is now the time to buy DoubleVerify? Access our full analysis report here, it’s free.
• Automation Software company Pegasystems jumped 4.1%. Is now the time to buy Pegasystems? Access our full analysis report here, it’s free.
• Endpoint Security company Varonis Systems jumped 4.6%. Is now the time to buy Varonis Systems? Access our full analysis report here, it’s free.
• Tax Software company Intuit jumped 3.9%. Is now the time to buy Intuit? Access our full analysis report here, it’s free.

Zooming In On Varonis Systems (VRNS)

Varonis Systems’s shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 15 days ago when the stock gained 6.1% on the news that Cantor Fitzgerald maintained an Overweight rating on the data security company despite lowering its price target. 

The analyst firm, which cut its price target to $50 from $60, still viewed Varonis as a category leader with growth potential at a discounted valuation. Investors appeared to focus on this positive long-term outlook rather than the target adjustment. The company also made significant progress in its business model, with its software-as-a-service (SaaS) offerings now making up 76% of its annual recurring revenue (ARR). Supporting this growth, Varonis’s ARR grew 18% compared to the previous year, showing strong momentum in its shift toward a subscription-based model.

Varonis Systems is up 7.4% since the beginning of the year, but at $34.41 per share, it is still trading 45.6% below its 52-week high of $63.31 from October 2025. Investors who bought $1,000 worth of Varonis Systems’s shares 5 years ago would now be looking at an investment worth $560.97.

What Happened?

A number of stocks fell in the afternoon session after geopolitical tensions between the United States and the European Union escalated, sparking fears of a renewed trade war. 

The broader markets adopted a "risk-off" mode, with investors seeking safe-haven assets amidst the uncertainty. The market's primary fear gauge, the VIX, jumped to a fresh eight-week high, signaling rising investor anxiety. The dispute, centered on Greenland, raised the possibility of a revived trade conflict, which could disrupt global supply chains and economic activity. Mega-cap technology stocks, many of which have significant international sales and operations, were particularly affected by the souring risk sentiment as a potential trade war threatened their global business models.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Automation Software company Pegasystems fell 0.4%. Is now the time to buy Pegasystems? Access our full analysis report here, it’s free.
• Design Software company Cadence Design Systems fell 2.7%. Is now the time to buy Cadence Design Systems? Access our full analysis report here, it’s free.

Zooming In On Cadence Design Systems (CDNS)

Cadence Design Systems’s shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 6 days ago when the stock dropped 3.6% on the news that tech stocks pulled back as reports surfaced that Chinese customs authorities blocked Nvidia's H200 AI chips, effectively halting their entry despite recent U.S. export approvals. 

This semiconductor sell-off, led by Broadcom and Micron, reflected deepening fears that the "AI trade" was colliding with a protectionist "new normal." Investors were concerned about the prospect of a fragmented global order where tech giants are caught between Washington's industrial strategy and Beijing's push for semiconductor sovereignty.Broadening the risk, markets were also agitated about the Justice Department's investigation into Fed Chair Jerome Powell, sparking concerns over central bank independence. This domestic political friction, paired with rising oil prices from Iranian civil unrest, likely forced a pivot from growth to defense.

Cadence Design Systems is flat since the beginning of the year, and at $307.60 per share, it is trading 17.6% below its 52-week high of $373.37 from September 2025. Investors who bought $1,000 worth of Cadence Design Systems’s shares 5 years ago would now be looking at an investment worth $2,196.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automation software stocks fared in Q3, starting with SoundHound AI .

The whole purpose of software is to automate tasks to increase productivity. Today, innovative new software techniques, often involving AI and machine learning, are finally allowing automation that has graduated from simple one- or two-step workflows to more complex processes integral to enterprises. The result is surging demand for modern automation software.

The 7 automation software stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 4.4% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11.7% since the latest earnings results.

Weakest Q3: SoundHound AI

Born from the idea that machines should understand human speech as naturally as people do, SoundHound AI develops voice recognition and conversational intelligence technology that enables businesses to integrate voice assistants into their products and services.

SoundHound AI reported revenues of $42.05 million, up 67.6% year on year. This print exceeded analysts’ expectations by 2.7%. Despite the top-line beat, it was still a softer quarter for the company with a significant miss of analysts’ EBITDA and billings estimates.

SoundHound AI scored the fastest revenue growth of the whole group. Still, the market seems discontent with the results. The stock is down 8.2% since reporting and currently trades at $11.17.

Read our full report on SoundHound AI here, it’s free.

Best Q3: Pegasystems

With a "Center-out Business Architecture" approach that transcends organizational silos, Pegasystems develops software that helps organizations automate workflows and use artificial intelligence to improve customer experiences and business processes.

Pegasystems reported revenues of $381.4 million, up 17.3% year on year, outperforming analysts’ expectations by 8.5%. The business had a stunning quarter with a solid beat of analysts’ billings estimates and an impressive beat of analysts’ EBITDA estimates.

Pegasystems achieved the biggest analyst estimates beat among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 8.2% since reporting. It currently trades at $52.38.

UiPath

Starting with robotic process automation (RPA) and evolving into a comprehensive automation powerhouse, UiPath provides an AI-powered business automation platform that enables organizations to create software robots that mimic human actions to streamline repetitive tasks and processes.

UiPath reported revenues of $411.1 million, up 15.9% year on year, exceeding analysts’ expectations by 4.7%. It was a satisfactory quarter as it also posted an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ billings estimates.

As expected, the stock is down 4.8% since the results and currently trades at $14.33.

Read our full analysis of UiPath’s results here.

Appian

Powering billions of transactions daily since its founding in 1999, Appian provides a low-code platform that helps businesses automate complex processes and operationalize artificial intelligence without extensive programming knowledge.

Appian reported revenues of $187 million, up 21.4% year on year. This number topped analysts’ expectations by 7.4%. It was a very strong quarter as it also put up an impressive beat of analysts’ billings estimates and a solid beat of analysts’ EBITDA estimates.

The stock is down 2.1% since reporting and currently trades at $28.70.

Read our full, actionable report on Appian here, it’s free.

Microsoft

Originally named "Micro-soft" for microcomputer software when founded in 1975, Microsoft is a global technology company that develops software, cloud services, devices, and AI solutions for consumers, businesses, and organizations worldwide.

Microsoft reported revenues of $77.67 billion, up 18.4% year on year. This result beat analysts’ expectations by 2.9%. Overall, it was a very strong quarter as it also recorded a narrow beat of analysts’ revenue estimates, as the beat in Intelligent Cloud and Business Services trumped the miss in Personal Computing and a solid beat of analysts’ revenue estimates.

The stock is down 15.3% since reporting and currently trades at $460.52.

Read our full, actionable report on Microsoft here, it’s free.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Jamf and the rest of the automation software stocks fared in Q3.

The whole purpose of software is to automate tasks to increase productivity. Today, innovative new software techniques, often involving AI and machine learning, are finally allowing automation that has graduated from simple one- or two-step workflows to more complex processes integral to enterprises. The result is surging demand for modern automation software.

The 7 automation software stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 4.4% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11.7% since the latest earnings results.

Jamf

With its name playfully derived from "Just Another Management Framework," Jamf provides software that helps organizations deploy, manage, and secure Apple devices across their workforce while maintaining a seamless user experience.

Jamf reported revenues of $183.5 million, up 15.2% year on year. This print exceeded analysts’ expectations by 3.4%. Overall, it was an exceptional quarter for the company with an impressive beat of analysts’ billings estimates and a solid beat of analysts’ EBITDA estimates.

Jamf delivered the slowest revenue growth of the whole group. Interestingly, the stock is up 1.4% since reporting and currently trades at $13.04.

Best Q3: Pegasystems

With a "Center-out Business Architecture" approach that transcends organizational silos, Pegasystems develops software that helps organizations automate workflows and use artificial intelligence to improve customer experiences and business processes.

Pegasystems reported revenues of $381.4 million, up 17.3% year on year, outperforming analysts’ expectations by 8.5%. The business had a stunning quarter with an impressive beat of analysts’ billings estimates and a solid beat of analysts’ EBITDA estimates.

Pegasystems pulled off the biggest analyst estimates beat among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 8% since reporting. It currently trades at $52.47.

Weakest Q3: SoundHound AI

Born from the idea that machines should understand human speech as naturally as people do, SoundHound AI develops voice recognition and conversational intelligence technology that enables businesses to integrate voice assistants into their products and services.

SoundHound AI reported revenues of $42.05 million, up 67.6% year on year, exceeding analysts’ expectations by 2.7%. Still, it was a softer quarter as it posted a significant miss of analysts’ EBITDA estimates and a miss of analysts’ billings estimates.

As expected, the stock is down 22.4% since the results and currently trades at $11.14.

Read our full analysis of SoundHound AI’s results here.

UiPath

Starting with robotic process automation (RPA) and evolving into a comprehensive automation powerhouse, UiPath provides an AI-powered business automation platform that enables organizations to create software robots that mimic human actions to streamline repetitive tasks and processes.

UiPath reported revenues of $411.1 million, up 15.9% year on year. This print surpassed analysts’ expectations by 4.7%. Aside from that, it was a satisfactory quarter as it also recorded an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ billings estimates.

The stock is down 4.9% since reporting and currently trades at $14.32.

Read our full, actionable report on UiPath here, it’s free.

ServiceNow

Built on a single code base that processes over 4 billion workflow transactions daily, ServiceNow provides a cloud-based platform that helps organizations automate and digitize workflows across departments, from IT and HR to customer service and security.

ServiceNow reported revenues of $3.41 billion, up 21.8% year on year. This number topped analysts’ expectations by 1.4%. Zooming out, it was a satisfactory quarter as it also logged a solid beat of analysts’ EBITDA estimates but a significant miss of analysts’ billings estimates.

ServiceNow had the weakest performance against analyst estimates among its peers. The stock is down 30.2% since reporting and currently trades at $127.20.

Read our full, actionable report on ServiceNow here, it’s free.