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Progress Software Corporation PRGS

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Price alert · PRGS

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45.26 USD +0.13 +0.28%

As of Nov 2, 3:30 PM ET

Bid
45.21 × 1
Ask
45.37 × 2
44.84 Day range 46.46
23.82 52-week range 47.25
YTD
+5.34%
1 year
+6.13%
Open
45.13
Prev close
45.13
Mkt cap
1.85B
Vol
172.78K
Avg vol
523.48K
EPS
2.17
P/E
20.87
Div yield
0.00%
More statistics
Low
44.84
High
46.46
Forward P/E
6.29
Beta
0.89
Short ratio
7.00
Inst. own
114.55%
Dividend
0.00
Ex-div date
Aug 29, 2024
Earnings
Jan 19, 2027
50-d avg
41.78
200-d avg
36.68
1y target
56.20

2Y chart

Chart tools
Interval

Events in this range
  • Sep 29, 2025Earnings: 1.5; estimate 1.3; surprise 15.38%
  • Jan 20, 2026Earnings: 1.51; estimate 1.31; surprise 15.27%
  • Mar 30, 2026Earnings: 1.6; estimate 1.57; surprise 1.91%
  • Jun 30, 2026Earnings: 1.62; estimate 1.49; surprise 8.72%
  • Jul 1, 2026Rating: Guggenheim · Buy → Buy
  • Jul 1, 2026Rating: Oppenheimer · Outperform → Outperform
  • Jul 1, 2026Rating: DA Davidson · Buy → Buy
  • Jul 23, 2026Rating: DA Davidson · Buy → Buy
  • Aug 12, 2026Rating: DA Davidson · Buy → Buy
  • Sep 30, 2026Earnings: 1.69; estimate 1.52; surprise 11.18%
  • Oct 2, 2026Rating: DA Davidson · Buy → Buy
Signals (85)
NameDateAgo
RSI: OverboughtOct 22, 20261 week ago
SMA: BullishOct 19, 20262 weeks ago
MACD: Buy SignalOct 12, 20263 weeks ago
SMA: BullishOct 2, 20261 month ago
SMA: BearishOct 1, 20261 month ago
SMA: BearishSep 17, 20261 month ago
SMA: BullishSep 14, 20261 month ago
SMA: BearishSep 9, 20261 month ago
MACD: Sell SignalAug 17, 20262 months ago
MACD: Buy SignalAug 4, 20263 months ago
MACD: Sell SignalJul 30, 20263 months ago
MACD: Buy SignalJul 29, 20263 months ago
SMA: BullishJul 24, 20263 months ago
SMA: BearishJul 23, 20263 months ago
MACD: Sell SignalJul 22, 20263 months ago
SMA: BullishJul 1, 20264 months ago
RSI: OverboughtJul 1, 20264 months ago
MACD: Buy SignalJun 29, 20264 months ago
SMA: BullishJun 24, 20264 months ago
SMA: BearishJun 22, 20264 months ago
MACD: Sell SignalJun 12, 20264 months ago
RSI: OverboughtJun 1, 20265 months ago
SMA: BullishMay 22, 20265 months ago
SMA: BearishMay 21, 20265 months ago
SMA: BullishMay 20, 20265 months ago
MACD: Buy SignalMay 18, 20265 months ago
MACD: Sell SignalMay 13, 20265 months ago
MACD: Buy SignalApr 7, 20266 months ago
RSI: OversoldMar 18, 20267 months ago
MACD: Sell SignalMar 10, 20267 months ago
SMA: BearishMar 2, 20268 months ago
SMA: BullishFeb 26, 20268 months ago
MACD: Buy SignalFeb 24, 20268 months ago
MACD: Sell SignalFeb 12, 20268 months ago
SMA: BearishFeb 11, 20268 months ago
SMA: BullishFeb 6, 20268 months ago
MACD: Buy SignalFeb 6, 20268 months ago
MACD: Sell SignalJan 29, 20269 months ago
SMA: BearishJan 27, 20269 months ago
MACD: Buy SignalJan 23, 20269 months ago
SMA: BullishJan 21, 20269 months ago
SMA: BearishJan 13, 20269 months ago
MACD: Sell SignalJan 13, 20269 months ago
SMA: BullishJan 12, 20269 months ago
MACD: Buy SignalJan 12, 20269 months ago
SMA: BearishJan 8, 20269 months ago
SMA: BullishJan 7, 20269 months ago
SMA: BearishJan 2, 202610 months ago
SMA: BullishDec 26, 202510 months ago
MACD: Sell SignalDec 22, 202510 months ago
SMA: BearishDec 19, 202510 months ago
SMA: BullishDec 17, 202510 months ago
SMA: BearishDec 16, 202510 months ago
SMA: BullishDec 5, 202511 months ago
MACD: Buy SignalNov 26, 202511 months ago
SMA: BearishOct 29, 20251 year ago
MACD: Sell SignalOct 23, 20251 year ago
SMA: BullishOct 1, 20251 year ago
MACD: Buy SignalSep 25, 20251 year ago
MACD: Sell SignalSep 24, 20251 year ago
MACD: Buy SignalSep 18, 20251 year ago
MACD: Sell SignalSep 9, 20251 year ago
MACD: Buy SignalAug 13, 20251 year ago
MACD: Sell SignalAug 5, 20251 year ago
RSI: OversoldAug 1, 20251 year ago
MACD: Buy SignalJul 24, 20251 year ago
SMA: BearishJul 1, 20251 year ago
RSI: OversoldJul 1, 20251 year ago
MACD: Sell SignalJun 12, 20251 year ago
MACD: Buy SignalJun 6, 20251 year ago
MACD: Sell SignalMay 21, 20251 year ago
MACD: Buy SignalApr 23, 20251 year ago
SMA: BullishApr 22, 20251 year ago
SMA: BearishApr 21, 20251 year ago
MACD: Sell SignalApr 21, 20251 year ago
SMA: BullishApr 9, 20251 year ago
SMA: BearishApr 8, 20251 year ago
SMA: BullishApr 1, 20251 year ago
MACD: Buy SignalApr 1, 20251 year ago
MACD: Sell SignalMar 28, 20251 year ago
MACD: Buy SignalMar 4, 20251 year ago
MACD: Sell SignalMar 3, 20251 year ago
MACD: Buy SignalFeb 4, 20251 year ago
RSI: OversoldJan 22, 20251 year ago
RSI: OversoldJan 13, 20251 year ago

Key statistics

Market cap
1.84B
Enterprise value
2.99B
Trailing P/E
20.80
Forward P/E
6.29
PEG ratio
1.29
Price / sales
1.84
Price / book
3.49
EPS (TTM)
2.17
Beta
0.89
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
9.24%
Revenue (TTM)
999.93M
Revenue growth
-1.50%
Free cash flow
320.52M
Total cash
113.65M
Total debt
1.27B
Return on equity
18.34%
Shares outstanding
40.87M
Short % of float
16.83%
50-day average
41.78
200-day average
36.68

Analyst view

Consensus: none

Price target (mean) 56.20 +24.2% upside
Target (low)
40.00
Target (mean)
56.20
Target (high)
83.00
Ratings (0m) 5 4 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy4
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Jan 19, 2027

Expected Jan 19, 2027. Consensus EPS estimate 1.28.

Earnings history

Financials — quick view

All financials
PRGS Revenue — quarterly 246.00M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
PRGS Net income — quarterly 22.78M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
PRGS EPS — quarterly 0.55
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

PRGS recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 19, 2027Nov 30, 20261.27———
Sep 30, 2026Aug 31, 20261.521.69+0.17+11.18%
Jun 30, 2026May 31, 20261.491.62+0.13+8.72%
Mar 30, 2026Feb 28, 20261.571.60+0.03+1.91%
Jan 20, 2026Nov 30, 20251.311.51+0.20+15.27%
Sep 29, 2025Aug 31, 20251.301.50+0.20+15.38%

Upgrades / downgrades

PRGS analyst upgrades and downgrades
DateFirmActionFromTo
Oct 2, 2026DA DavidsonmainBuyBuy
Aug 12, 2026DA DavidsonmainBuyBuy
Jul 23, 2026DA DavidsonmainBuyBuy
Jul 1, 2026DA DavidsonmainBuyBuy
Jul 1, 2026OppenheimermainOutperformOutperform
Jul 1, 2026GuggenheimreitBuyBuy

About Progress Software Corporation

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; 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; and WhatsUp Gold, a network infrastructure monitoring software 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.

Sector
Technology
Industry
Software - Infrastructure
Country
United States
Website
progress.com

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Insider holders

PRGS insider holders
InsiderRelationLatest transactionDateShares held
AINSWORTH JOHNOfficerConversion of Exercise of derivative securitySep 30, 202660,960
DACIER PAUL TDirectorStock Award(Grant)Jul 1, 202658,691
EGAN JOHN RDirectorStock Award(Grant)Jul 1, 202657,174
FOLGER ANTHONYChief Financial OfficerSaleOct 15, 202649,984
GAWLICK RAINERDirectorStock Award(Grant)Jul 1, 202661,401
GUPTA YOGESH K.Chief Executive OfficerConversion of Exercise of derivative securitySep 30, 2026300,846

Institution ownership

PRGS institution ownership
Holder% heldSharesValueReported
Blackrock Inc.18.52%7,570,529341.66MJun 29, 2026
Vanguard Portfolio Management LLC9.41%3,846,694173.60MJun 29, 2026
State Street Corporation4.80%1,961,72388.53MJun 29, 2026
Vanguard Capital Management LLC4.65%1,899,83585.74MJun 29, 2026
Victory Capital Management Inc.4.13%1,689,86776.26MJun 29, 2026
Arrowstreet Capital, Limited Partnership3.12%1,274,91057.54MJun 29, 2026

Fund ownership

PRGS fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.97%2,440,502110.14MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.27%1,335,47960.27MJun 29, 2026
VANGUARD WORLD FUND-Vanguard Information Technology Index Fund2.65%1,084,28948.93MAug 30, 2026
iShares Trust-iShares Russell 2000 ETF2.62%1,069,41348.26MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.36%964,21043.51MJun 29, 2026
John Hancock Investment Trust-Small Cap Core Fund2.09%853,05238.50MAug 30, 2026
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