Progress Software Corporation (PRGS)

Market Cap	1.67B -16.9%
Revenue (ttm)	999.94M +6.4%
Net Income	92.41M +90.4%
EPS	2.18 +99.0%
Shares Out	40.87M
PE Ratio	18.79
Forward PE	6.33
Dividend	n/a
Ex-Dividend Date	n/a

Volume	544,494
Open	38.83
Previous Close	38.61
Day's Range	38.83 - 40.94
52-Week Range	23.82 - 47.25
Beta	0.89
Analysts	Strong Buy
Price Target	56.20 (+37.51%)
Earnings Date	Sep 30, 2026

About PRGS

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,...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Jul 30, 1991
• Employees: 2,801
• Stock Exchange: Nasdaq
• Ticker Symbol: PRGS
• Website: https://www.progress.com

Financial Performance

In fiscal year 2025, Progress Software's revenue was $977.83 million, an increase of 29.79% compared to the previous year's $753.41 million. Earnings were $73.13 million, an increase of 6.86%.

Analyst Summary

According to 5 analysts, the average rating for PRGS stock is "Strong Buy." The 12-month stock price target is $56.2, which is an increase of 37.51% from the latest price.

Price Target

$56.2

(37.51% upside)

Analyst Consensus: Strong Buy

Data Sources: S&P Global Market Intelligence, CBOE, and more

Fundamental and historical data is provided by S&P Global Market Intelligence. Real-time stock price data is provided by CBOE and 15-minute delayed consolidated tape pricing data is provided by Nasdaq UTP.

Last checked:

Oct 16, 2026

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