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Progress Software Corp. (PRGS)
NASDAQ:PRGS
PRGS Stock Chart & Stats
$43.53
-$0.73(-1.14%)
At close: 4:00 PM EST
$43.53
-$0.73(-1.14%)
Day’s Range― - ―
52-Week Range$39.00 - $65.93
Previous CloseN/A
Volume81.75K
Average Volume (3M)496.94K
Market Cap
$1.87B
Enterprise Value$2.72B
Total Cash (Recent Filing)$99.01M
Total Debt (Recent Filing)$830.83M
Price to Earnings (P/E)39.6
Beta0.27
Next Earnings
Jan 20, 2026EPS Estimate
1.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.50
Shares Outstanding42,907,574
10 Day Avg. Volume515,000
30 Day Avg. Volume496,940
Financial Highlights & Ratios
PEG Ratio-17.52
Price to Book (P/B)6.75
Price to Sales (P/S)3.93
P/FCF Ratio14.35
Enterprise Value/Market Cap1.46
Enterprise Value/Revenue2.90
Enterprise Value/Gross Profit3.57
Enterprise Value/Ebitda9.72
Forecast
1Y Price Target
$66.25Price Target Upside52.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Progress Software News
PRGS FAQ
What was Progress Software Corp.’s price range in the past 12 months?
Progress Software Corp. lowest stock price was $39.00 and its highest was $65.93 in the past 12 months.
What is Progress Software Corp.’s market cap?
Progress Software Corp.’s market cap is $1.87B.
When is Progress Software Corp.’s upcoming earnings report date?
Progress Software Corp.’s upcoming earnings report date is Jan 20, 2026 which is in 23 days.
How were Progress Software Corp.’s earnings last quarter?
Progress Software Corp. released its earnings results on Sep 29, 2025. The company reported $1.5 earnings per share for the quarter, beating the consensus estimate of $1.297 by $0.203.
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. pays a Quarterly dividend of $0.175 which represents an annual dividend yield of N/A. See more information on Progress Software Corp. dividends here
What is Progress Software Corp.’s EPS estimate?
Progress Software Corp.’s EPS estimate is 1.31.
How many shares outstanding does Progress Software Corp. have?
Progress Software Corp. has 42,907,574 shares outstanding.
What happened to Progress Software Corp.’s price movement after its last earnings report?
Progress Software Corp. reported an EPS of $1.5 in its last earnings report, beating expectations of $1.297. Following the earnings report the stock price went up 3.098%.
Which hedge fund is a major shareholder of Progress Software Corp.?
Currently, no hedge funds are holding shares in PRGS
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:
$66.25 (52.19% Upside)
$66.25 (52.19% Upside)
Blogger Sentiment
Bullish
PRGS Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 333.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.43%
12-Months-Change
Fundamentals
Return on Equity
10.75%
Trailing 12-Months
Asset Growth
49.50%
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.
PRGS Company Deck
PRGS Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call for Progress Software Corporation was largely positive, with significant achievements reported in financial performance, ARR growth, and successful integration of ShareFile. The company also highlighted the impact of AI on its product offerings and customer engagement. While challenges were noted in the integration process and retention rates, these were outweighed by the positive outcomes.View all PRGS earnings summariesPRGS Stock 12 Month Forecast
Average Price Target
$66.25
▲(52.19% Upside)
Technical Analysis
Ownership Overview
Currently, No data available
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