Progress Software Corporation (PRGS)

Market Cap	1.79B
Revenue (ttm)	977.83M
Net Income (ttm)	73.13M
Shares Out	42.11M
EPS (ttm)	1.66
PE Ratio	25.56
Forward PE	7.22
Dividend	n/a
Ex-Dividend Date	n/a

Volume	968,866
Open	42.75
Previous Close	42.75
Day's Range	42.35 - 43.43
52-Week Range	38.54 - 65.50
Beta	0.61
Analysts	Strong Buy
Price Target	66.33 (+56.33%)
Earnings Date	Jan 20, 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 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 6 analysts, the average rating for PRGS stock is "Strong Buy." The 12-month stock price target is $66.33, which is an increase of 56.33% from the latest price.

Price Target

$66.33

(56.33% upside)

Analyst Consensus: Strong Buy