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Progress Software Corporation (PRGS)

Featured in High-Beta Momentum

Progress Software Corporation is a software company listed on NASDAQ under the ticker PRGS. It develops products used to build, deploy, secure, connect, and manage AI-powered applications and digital experiences in the United States and internationally. Its portfolio includes platforms and tools for agentic retrieval-augmented generation, automated managed file transfer, DevOps and DevSecOps automation, decision automation, data connectivity, developer tooling, network security and visibility, application delivery, data agility, managed file transfer, application development, semantic AI, document-centric collaboration, digital experience management, and network monitoring. The company also provides implementation, customization, project management, software development, programming, web-enablement, and training services. Progress Software sells to end users as well as independent software vendors, original equipment manufacturers, systems integrators, value-added resellers, and distributors. Founded in 1981 and headquartered in Burlington, Massachusetts, the company operates across both domestic and international markets.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Market Outlook FAQ

Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-PRGS
$60.92
51.9% Upside
Bargain
$55.80
39.1% Upside
Undervalued
Good
0.0%
September 30, 2026
18.8x
3.3x
1.7x
1.645 B
2.899 B
44.6%
98.4%
3.8
0.9%
342.8%
Valuation • Fair Value

Progress Software Corporation (NASDAQ-PRGS) Fair Value by Valuation Model

Review the available estimates for Progress Software Corporation (NASDAQ-PRGS), including DCF Fair Value, Ben Graham Formula Value, EPV Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$60.92

Estimated upside of 51.9% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$70.73

Discounted cash flow valuation reference.

Ben Graham Formula Value

$24.09

Classic Ben Graham valuation formula reference.

EPV Fair Value

$27.07

Earnings power value estimate.

Comps Fair Value

$56.74

Comparable-company valuation reference.

Analyst Price Target

$55.80

Analysts imply upside of 39.1%.

How to read these valuation models

Use the 7 available valuation references for Progress Software Corporation (NASDAQ-PRGS) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Progress Software Corporation (NASDAQ-PRGS)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

1.004 B

Current operating scale indicator.

Revenue Forecast

996 M

Forward revenue estimate.

EBITDA

333.7 M

Current operating profitability reference.

EBITDA Forecast

396.2 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Progress Software Corporation (NASDAQ-PRGS) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Progress Software Corporation (NASDAQ-PRGS)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

8

Relatively strong quality score.

Beneish M-Score

-2.84

No elevated caution signal from this screen.

Altman Z-Score

3.8

Relatively strong balance-sheet zone.

FCF / Net Income

342.8%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Progress Software Corporation (NASDAQ-PRGS). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Progress Software Corporation (NASDAQ-PRGS)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

September 30, 2026

Days to Earnings

12

Dividend Yield

0.0%

No current dividend yield is indicated.

Payout Ratio

0.9%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Progress Software Corporation (NASDAQ-PRGS), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Progress Software Corporation (NASDAQ-PRGS) Stock Forecast & Technical Outlook

Review Progress Software Corporation (NASDAQ-PRGS) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Progress Software Corporation (NASDAQ-PRGS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Progress Software Corporation (NASDAQ-PRGS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Progress Software Corporation (NASDAQ-PRGS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Neutral

The weekly technical read for Progress Software Corporation (NASDAQ-PRGS) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Progress Software Corporation (NASDAQ-PRGS) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Progress Software Corporation (NASDAQ-PRGS)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Progress Software Corporation (NASDAQ-PRGS) has a Strong Buy consensus, with 5 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 5
Hold 0
Sell 0
FAQ • Fast Investor Answers

Progress Software Corporation (NASDAQ-PRGS) Stock FAQ

Data-supported answers about Progress Software Corporation (NASDAQ-PRGS), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$60.92
Estimated upside 51.9%
Valuation Rating
Undervalued
Estimated upside of 51.9%
Analyst Target
$55.80
Implied upside 39.1%
Financial Health
Good
Current financial-health read

The current fair value estimate for Progress Software Corporation (NASDAQ-PRGS) is $60.92. This implies an estimated upside of 51.9% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 51.9% versus the current market price.

The available analyst price target for Progress Software Corporation (NASDAQ-PRGS) is $55.80. The analyst target implies estimated upside of 39.1%.

The current financial health read for Progress Software Corporation (NASDAQ-PRGS) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Progress Software Corporation (NASDAQ-PRGS) is September 30, 2026.

The latest available data indicates no current dividend yield for Progress Software Corporation (NASDAQ-PRGS).

The current P/E ratio listed for Progress Software Corporation (NASDAQ-PRGS) is 18.8x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Progress Software Corporation is 1.645 B.

The current enterprise value listed for Progress Software Corporation is 2.899 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Progress Software Corporation is NASDAQ-PRGS, and the stock is listed on NASDAQ.

Progress Software Corporation (NASDAQ-PRGS) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Progress Software Corporation is 44.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Progress Software Corporation is 98.4%. Free float helps investors understand how much of the share base is available for public trading.

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