Progress Software Corporation (PRGS)

Currency in USD
40.62
+0.98(+2.47%)
Closed·
40.620.00(0.00%)
·
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Fair Value
Day's Range
39.1441.00
52 wk Range
39.0070.56
Key Statistics
Prev. Close
39.64
Open
39.6
Day's Range
39.14-41
52 wk Range
39-70.56
Volume
422.05K
Average Volume (3m)
800.63K
1-Year Change
-41.34%
Book Value / Share
11.08
Fair Value
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Fair Value Upside
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PRGS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
68.33
Upside
+68.23%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Progress Software Corporation Company Profile

Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Employees
2815

Progress Software Corporation Earnings Call Summary for Q3/2025

  • Q3 EPS of $1.50 beat expectations by 15.38%, with revenue at $250M, up 40% YoY. Stock rose 1.67% after hours to $42.99.
  • New AI capabilities launched across products. CEO highlighted customer excitement about GenAI-enabled technology for business insights.
  • Full-year 2025 revenue guidance set at $975M-$981M. Q4 revenue projected between $250M-$256M.
  • Integration of ShareFile and strategic moves bolstered competitive position in app development and digital experience sectors.
  • Company remains open to M&A in data platforms and digital experiences, considering both SaaS and traditional software acquisitions.
Last Updated: 29/09/2025, 23:10
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Compare PRGS to Peers and Sector

Metrics to compare
PRGS
Peers
Sector
Relationship
P/E Ratio
35.9x33.5x11.6x
PEG Ratio
−0.870.060.01
Price/Book
3.6x6.4x2.4x
Price / LTM Sales
1.9x3.9x2.2x
Upside (Analyst Target)
78.5%39.0%31.1%
Fair Value Upside
Unlock12.3%7.2%Unlock

Analyst Ratings

5 Buy
1 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 68.33
(+68.23% Upside)

Earnings

Latest Release
Sep 29, 2025
EPS / Forecast
1.50 / 1.30
Revenue / Forecast
249.80M / 240.11M
EPS Revisions
Last 90 days

PRGS Income Statement

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FAQ

What Is the Progress (PRGS) Premarket Price Today?

The Progress (PRGS) premarket price is 40.19. Premarket price change units: 0.55. Premarket percentage change: 1.39%. Premarket volume: 150.00. Current date: 23 Nov 2025. Previous close: 39.64

What Stock Exchange Does Progress Trade On?

Progress is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Progress?

The stock symbol for Progress is "PRGS."

What Is the Progress Market Cap?

As of today, Progress market cap is 1.74B.

What Is Progress's Earnings Per Share (TTM)?

The Progress EPS (TTM) is 1.09.

When Is the Next Progress Earnings Date?

Progress will release its next earnings report on 19 Jan 2026.

From a Technical Analysis Perspective, Is PRGS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Progress Stock Split?

Progress has split 4 times.

How Many Employees Does Progress Have?

Progress has 2815 employees.

What is the current trading status of Progress (PRGS)?

As of 23 Nov 2025, Progress (PRGS) is trading at a price of 40.62, with a previous close of 39.64. The stock has fluctuated within a day range of 39.14 to 41.00, while its 52-week range spans from 39.00 to 70.56.

What Is Progress (PRGS) Price Target According to Analysts?

The average 12-month price target for Progress is USD68.33333, with a high estimate of USD83 and a low estimate of USD50. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +68.23% Upside potential.

What Is the PRGS Premarket Price?

PRGS's last pre-market stock price is 40.19. The pre-market share volume is 150.00, and the stock has decreased by 0.55, or 1.39%.
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