Progress Software Corporation (PRGS)

Market Cap	2.26B
Revenue (ttm)	869.02M
Net Income (ttm)	57.59M
Shares Out	43.11M
EPS (ttm)	1.30
PE Ratio	40.18
Forward PE	9.60
Dividend	$0.18 (0.34%)
Ex-Dividend Date	Aug 30, 2024

Volume	177,666
Open	52.81
Previous Close	52.73
Day's Range	52.03 - 53.17
52-Week Range	50.68 - 70.56
Beta	0.67
Analysts	Buy
Price Target	74.43 (+42.26%)
Earnings Date	Jun 30, 2025

About PRGS

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 to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, includi...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Jul 30, 1991
• Employees: 2,815
• Stock Exchange: NASDAQ
• Ticker Symbol: PRGS
• Website: https://www.progress.com

Financial Performance

In 2024, Progress Software's revenue was $753.41 million, an increase of 8.49% compared to the previous year's $694.44 million. Earnings were $68.44 million, a decrease of -2.51%.

Analyst Summary

According to 7 analysts, the average rating for PRGS stock is "Buy." The 12-month stock price target is $74.43, which is an increase of 42.26% from the latest price.

Price Target

$74.43

(42.26% upside)

Analyst Consensus: Buy