Progress Software Corporation (PRGS) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Progress Software Corporation (PRGS:NASDAQ), powered by AI.

Current Price
$31.38
P/E Ratio
18.4
Market Cap
1.3B
Sector
Technology
What is the Progress Software Corporation stock price forecast?

Progress Software Corporation is currently trading at $31.38. View real-time AI analysis on Alpha Lenz.

What is Progress Software Corporation insider trading activity?

View the latest insider trading data for Progress Software Corporation on Alpha Lenz.

What is Progress Software Corporation's P/E ratio?

Progress Software Corporation's P/E ratio is 18.4.

Progress Software Corporation

NASDAQ · PRGS
$31.38+0.37(+1.19%)Pre-marketNASDAQ regular session 09:30–16:00 ET
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Alpha Chat Insight

Progress Software Corporation trades at a P/E of 18.4 (fair value) with strong ROE of 15.9%. 3Y revenue CAGR of 17.5% highlights clear growth momentum.

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Company Overview

Progress Software Corporation is a global leader in the development and deployment of business applications. Specializing in offering high-impact technological solutions, Progress Software provides businesses with tools for application development, data integration, and digital transformation. The corporation's comprehensive suite includes products tailored for building secure, scalable software, which makes it a vital component for industries ranging from finance to healthcare and beyond. One of the standout features of Progress Software is its ability to support multiple programming languages and platforms, allowing for versatile and custom-fit solutions that meet varied client needs. Furthermore, their commitment to open-source, cloud, and on-premise product offerings ensures adaptability in rapidly evolving technological landscapes. In the financial markets, Progress Software Corporation holds a significant role by enabling enterprises to enhance their operational efficiency and customer engagement. Their continuous innovation in application development and operational tools marks them as a crucial entity in the business software industry. Headquartered in Bedford, Massachusetts, Progress Software's global reach and expertise continue to drive business profitability and technological advancement.

CEOMr. Yogesh K. Gupta
SectorTechnology
IndustrySoftware - Infrastructure
Employees2,815

Company Statistics

FY 2025

Profile

$1.35BMarket Cap
$977.83MRevenue
0.00Shares Out
2,815Employees

Margins

80.82%Gross
33.54%EBITDA
17.84%Operating
8.35%Pre-Tax
7.48%Net

Valuation

18.45P/E
2.82P/B
1.38EV/Sales
8.18EV/EBITDA
5.88P/FCF

Growth (CAGR)

17.55%Rev 3Yr
17.20%Rev 5Yr
11.04%Op Inc 3Yr
8.27%Op Inc 5Yr
-8.37%Net Inc 3Yr
-1.71%Net Inc 5Yr

Returns

2.93%ROA
15.95%ROE
6.12%ROIC

Financial Health

$94.81MCash & Cash Equivalents
$1.88BNet Debt
413.78%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Progress Software Corporation (ticker: PRGS) is a company listed on NASDAQ in the Technology sector (Software - Infrastructure). It has approximately 2,815 employees. Market cap is $1.3B.

The current price is $31.38 with a P/E ratio of 18.45x and P/B of 2.82x.

ROE is 15.95% and operating margin is 17.84%. Annual revenue is $978M.

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Progress Software Corporation (PRGS) Stock Forecast 2026 $31.38 — Price, Financials & Analyst Targets | Alpha Lenz