Published

25 Sep 24

Updated

01 Jun 26

Views

308

Not Invested

Progress SoftwarePRGS

Fair Value

US$50.83

Share price01 Jun

US$38.4224.4% undervalued

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1Y-29.44%

7D15.90%

ShareFile Integration And SaaS Acquisitions Will Improve Efficiency

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AnalystConsensusTarget

Analyst Consensus Target compiles analysts opinions to create narratives on stocks using the Analysts Consensus Price Target, forecasted revenue and earnings figures, as well as the transcripts of earnings calls.

Published

25 Sep 24

Updated

01 Jun 26

Views

308

Not Invested

Shared on 01 Jun 26

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

Wall Street lowers its expectations for Progress Software, but many analysts still see the core business holding up if the company executes well. Fresh attention on possible deal-making and new AI features in its content platform could shape what happens next.

7 views

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.

85 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.

2 views

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

Fair Value vs Share Price

US$50.83

vs US$38.4224.4% undervalued

1.1%

Revenue growth

7.6%

Profit margin

Recent News & Updates

No updates

Recent updates

No updates

Stay ahead on Progress Software

Fair value estimate changes
Narrative and analyst updates
Key company announcements

Company analysis

Undervalued with proven track record.

Market capUS$1.6b

PB3.1x

Estimated Growth0.6%

Dividend Yield0%

CEO & management

Yogesh Gupta

CEO

6.5yrs

CEO Tenure

Provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.