Progress Software

ShareFile Integration And SaaS Acquisitions Will Improve Efficiency

AN

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

25 Sep 24

Updated

20 Apr 26

Views

272

20 Apr

US$29.21

AnalystConsensusTarget's Fair Value

US$50.83

42.5% undervalued

1Y

-52.8%

7D

10.8%

Loading

1Y

-52.8%

7D

10.8%

You can edit this narrative until Apr 21 12:10 PM. Then, changes will post as Updates.

Author's Valuation

US$50.8342.5% undervalued

AnalystConsensusTarget Fair Value

Shared on 20 Apr 26

PRGS: AI And M&A Rumors Will Support Future Multiple Repricing

Analysts have reduced their average price targets on Progress Software by double digit dollar amounts, bringing them closer to a $50.83 fair value estimate as they adjust assumptions around discount rates and future P/E expectations. Analyst Commentary Recent research updates cluster around lower price targets that move closer to the cited fair value estimate, but the tone is not uniformly negative.

82 views

Shared on 05 Apr 26

Fair value Decreased 22%

PRGS: AI And M&A Optionality Will Support Future Multiple Rebound

Analysts have reduced their average price targets on Progress Software, with the modeled fair value moving from about $65.50 to roughly $50.83. This change reflects updated views on revenue growth, profit margins and risk after a series of target cuts across major firms.

6 views

Shared on 08 Mar 26

Fair value Decreased 6.43%

PRGS: AI Product Momentum Will Support Rebound In Market Multiple

The updated analyst price target for Progress Software changes from $70.00 to $65.50 as analysts factor in revised assumptions for revenue growth, profit margins, and discount rates. The update also reflects a higher future P/E multiple in response to recent Street research.

6 views

Shared on 30 Apr 25

Fair value Decreased 0.61%

2 views

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

1 view

Shared on 17 Apr 25

Fair value Increased 1.37%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

1 view

Shared on 09 Apr 25

Fair value Decreased 3.22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

0 views

Shared on 02 Apr 25

Fair value Decreased 11%

AnalystConsensusTarget has decreased revenue growth from 10.7% to 8.3%, decreased profit margin from 17.2% to 13.9% and increased future PE multiple from 23.5x to 27.9x.

1 view

Shared on 26 Mar 25

Fair value Increased 2.42%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

1 view

Shared on 19 Mar 25

Fair value Increased 9.34%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

0 views

Shared on 11 Mar 25

Fair value Decreased 0.066%

2 views

Valuator

Company Info

Notes

AnalystConsensusTarget Fair Value

US$50.83

42.5% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

1.01%

Historical revenue growth rate

14.44%

Software revenue growth rate

1.52%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

11.54%

Calculation

US$77.29m

Earnings '29

x

35.49x

PE Ratio '29

=

US$2.74b

Market Cap '29

US$2.74b

Market Cap '29

/

39.13m

No. shares '29

=

US$70.10

Share Price '29

US$70.10 Share Price '29

Discounted to 2026 @ 11.43% p.a.

=

US$50.66

Fair Value '26