Progress Software Corp. (DE:PGR)
FRANKFURT:PGR
PGR Stock Chart & Stats
€23.40
€0.00(0.00%)
At close: 4:00 PM EST
€23.40
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€21.20 - €56.50
Previous CloseN/A
Volume0.00
Average Volume (3M)7.00
Market Cap
€956.22M
Enterprise Value€1.88B
Total Cash (Recent Filing)€113.17M
Total Debt (Recent Filing)€869.63M
Price to Earnings (P/E)19.3
Beta0.40
Next Earnings
Jun 30, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.38
Shares Outstanding42,078,610
10 Day Avg. Volume0
30 Day Avg. Volume7
Financial Highlights & Ratios
PEG Ratio3.25
Price to Book (P/B)3.77
Price to Sales (P/S)1.84
P/FCF Ratio7.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€45.01Price Target Upside92.36% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)5.2
Revenue Forecast (FY)€863.05M
Bulls Say, Bears Say
Bulls Say
Strong Free Cash FlowConsistent, high free cash flow and strong operating cash generation provide durable internal funding for debt reduction, buybacks, product investment and R&D. FCF conversion near 1x of net income indicates healthy earnings quality and long-term flexibility to support strategy.
Very High Gross MarginsSustained 80%+ gross margins reflect scalable software economics and strong pricing power across products. High gross margins create structural operating leverage that supports durable profitability even with modest revenue growth and funds reinvestment in product and go-to-market.
Accretive Acquisition & AI Product MomentumSuccessful ShareFile integration scaled recurring SaaS capability and recurring revenue mix; AI-enabled wins and a dedicated innovation hub strengthen product differentiation. These structural gains expand addressable markets and improve long-term stickiness of ARR.
Bears Say
Elevated LeverageLeverage remains elevated versus historical norms, reducing financial flexibility and increasing sensitivity to margin or cash-flow setbacks. Higher debt amplifies refinancing and interest-rate risk, constraining capacity for large M&A or rapid investment if growth stalls.
Slowing Revenue And Modest ARR GrowthTop-line growth decelerated materially from prior years, limiting operating leverage and making earnings and deleveraging plans reliant on cost discipline. Modest ARR gains reduce long-term visibility into recurring revenue expansion and constrain upside to margins.
SaaS Volatility And Integration RelianceQuarterly results were materially influenced by collections and billing-system cleanup tied to ShareFile integration. Reliance on successful billing, collections and integration execution raises structural execution risk to ARR stability and can cause recurring revenue volatility.
Progress Software News
PGR FAQ
What was Progress Software Corp.’s price range in the past 12 months?
Progress Software Corp. lowest stock price was €21.20 and its highest was €56.50 in the past 12 months.
What is Progress Software Corp.’s market cap?
Progress Software Corp.’s market cap is €956.22M.
When is Progress Software Corp.’s upcoming earnings report date?
Progress Software Corp.’s upcoming earnings report date is Jun 30, 2026 which is in 79 days.
How were Progress Software Corp.’s earnings last quarter?
Progress Software Corp. released its earnings results on Mar 30, 2026. The company reported €1.384 earnings per share for the quarter, beating the consensus estimate of €1.358 by €0.026.
Is Progress Software Corp. overvalued?
According to Wall Street analysts Progress Software Corp.’s price is currently Undervalued.
Does Progress Software Corp. pay dividends?
Progress Software Corp. does not currently pay dividends.
What is Progress Software Corp.’s EPS estimate?
Progress Software Corp.’s EPS estimate is 1.29.
How many shares outstanding does Progress Software Corp. have?
Progress Software Corp. has 42,078,610 shares outstanding.
What happened to Progress Software Corp.’s price movement after its last earnings report?
Progress Software Corp. reported an EPS of €1.384 in its last earnings report, beating expectations of €1.358. Following the earnings report the stock price went up 4.167%.
Which hedge fund is a major shareholder of Progress Software Corp.?
Currently, no hedge funds are holding shares in DE:PGR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Progress Software Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
€45.01 (92.36% Upside)
€45.01 (92.36% Upside)
Blogger Sentiment
Bullish
DE:PGR Sentiment 80%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-52.21%
12-Months-Change
Fundamentals
Return on Equity
17.82%
Trailing 12-Months
Asset Growth
-2.75%
Trailing 12-Months
Company Description
Progress Software Corp.
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
PGR Company Deck
PGR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a predominantly positive operational and financial picture: solid revenue growth (+4% YoY), strong margin expansion (operating margin >41%), meaningful EPS improvement (+22% YoY), record cash generation (adjusted FCF $99M), and clear capital allocation actions (debt paydown, buybacks). AI-driven product momentum, ShareFile integration progress, and improved collections are notable strengths. Offsetting items are modest: NRR at 99% (slightly below the 100% target), a discrete churn event driven by external legal action, SaaS revenue volatility from integration/billing cleanup, and elevated absolute debt with expected higher interest expense following refinancing. On balance the positives (profitability, cash flow, product momentum and disciplined capital allocation) outweigh the lowlights, though management is conservative in full-year top-line guidance.View all DE:PGR earnings summariesPGR Stock 12 Month Forecast
Average Price Target
€45.01
▲(92.36% Upside)