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Progress Software Corporation Stock Price

NasdaqGS:PRGS Community·US$1.7b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 13 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

PRGS Share Price Performance

US$40.61
-2.40 (-5.58%)
​
US$55.80
Fair Value
US$40.61
-2.40 (-5.58%)
27.2% undervalued intrinsic discount
US$55.80
Fair Value
Price US$40.61
AnalystConsensusTarget US$55.80
AnalystLowTarget US$45.00
AnalystHighTarget US$83.00
Wed, 12 Aug 26
Fair ValueUS$55.80
Share Pricen/a

PRGS Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$55.8 27.2% undervalued intrinsic discount

ShareFile Integration And SaaS Acquisitions Will Improve Efficiency

0users have liked this narrative
0users have commented on this narrative
7users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$45 9.8% undervalued intrinsic discount

Cloud Migration Risks Will Erode Margins Yet Prompt Renewal

0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$83 51.1% undervalued intrinsic discount

Accelerated AI And SaaS Integration Will Drive Digital Transformation

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
PRGS logo
Progress Software
27.2% undervalued intrinsic discount

ShareFile Integration And SaaS Acquisitions Will Improve Efficiency

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AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 12 Aug
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PRGS logo
Progress Software
9.8% undervalued intrinsic discount

Cloud Migration Risks Will Erode Margins Yet Prompt Renewal

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AN
AnalystLowTarget
AnalystLowTarget
Updated 23 Jul
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PRGS logo
Progress Software
51.1% undervalued intrinsic discount

Accelerated AI And SaaS Integration Will Drive Digital Transformation

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AN
AnalystHighTarget
AnalystHighTarget
Published 20 Jul 2025
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Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystConsensusTarget
PRGS logo

PRGS: AI And Domo Acquisition Will Support Future Multiple Repricing

Fair Value: US$55.8 27.2% undervalued intrinsic discount
7 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
PRGS logo

PRGS: AI Demand And Domo Acquisition Will Support Future Returns

Fair Value: US$45 9.8% undervalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
PRGS logo

Accelerated AI And SaaS Integration Will Drive Digital Transformation

Fair Value: US$83 51.1% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Undervalued with proven track record.

2 Risks
3 Rewards
View Full Analysis

Progress Software Corporation Key Details

US$1.0b

Revenue

US$144.8m

Cost of Revenue

US$858.9m

Gross Profit

US$769.8m

Other Expenses

US$89.0m

Earnings

Last Reported Earnings
May 31, 2026
Next Reporting Earnings
n/a
2.17
85.57%
8.87%
255.3%
View Full Analysis

About PRGS

Founded
1981
Employees
2801
CEO
Yogesh Gupta
WebsiteView website
www.progress.com

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, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Recent PRGS News & Updates

User avatar
Narrative Update • Aug 12

PRGS: AI And Domo Acquisition Will Support Future Multiple Repricing

Analysts have lifted their fair value estimate for Progress Software to $55.80 from $50.83, citing updated price targets tied to the planned Domo asset purchase and recent research that reflects both optimism about integration and more measured growth expectations. Analyst Commentary Recent research around Progress Software reflects a mix of optimism about the Domo acquisition and caution about execution risk and future growth.

Recent updates

No updates

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