PRGS logo

Progress Software Stock Price

Symbol: NasdaqGS:PRGSMarket Cap: US$2.0bCategory: Software

PRGS Share Price Performance

US$44.34
-11.07 (-19.98%)
46.6% undervalued intrinsic discount
US$83.00
Fair Value
US$44.34
-11.07 (-19.98%)
46.6% undervalued intrinsic discount
US$83.00
Fair Value
Price US$44.34
AnalystHighTarget US$83.00
AnalystConsensusTarget US$70.00
AnalystLowTarget US$57.00

PRGS Community Narratives

AN
AnalystHighTarget
AnalystHighTarget·Updated
Fair Value US$83.00 46.6% 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
AN
AnalystConsensusTarget
AnalystConsensusTarget·Updated
Fair Value US$70.00 36.7% undervalued intrinsic discount

ShareFile Integration And SaaS Acquisitions Will Improve Efficiency

0users have liked this narrative
0users have commented on this narrative
4users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget·Updated
Fair Value US$57.00 22.2% undervalued intrinsic discount

Cloud Migration Risks Will Erode Margins Yet Prompt Renewal

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative

PRGS Community Fair Values

Recent PRGS News & Updates

No updates

Progress Software Corporation Key Details

US$869.0m

Revenue

US$124.2m

Cost of Revenue

US$744.8m

Gross Profit

US$687.2m

Other Expenses

US$57.6m

Earnings

Last Reported Earnings
May 31, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
1.34
Gross Margin
85.71%
Net Profit Margin
6.63%
Debt/Equity Ratio
322.1%

Progress Software Corporation Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About PRGS

Founded
1981
Employees
2815
CEO
Yogesh Gupta
WebsiteView website
www.progress.com

Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of 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 offering 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 for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments 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.

U.S. Market Performance

  • 7 Days: -1.2%
  • 3 Months: 12.3%
  • 1 Year: 21.3%
  • Year to Date: 7.0%
Over the past 7 days, the market has dropped 1.2% with the Consumer Discretionary sector contributing the most to the decline. As for the longer term, the market has actually risen by 21% in the last year. Looking forward, earnings are forecast to grow by 15% annually. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.
Continue reading