Progress Software Corporation
PRGS
NASDAQ·Technology·Software - Infrastructure·Mkt cap $1.8B
$44.05
▼ -1.26%
P/E
21.38
Mkt Cap
$1.8B
52-Wk Range
$23.82–$47.37
52-Week Range
$23.82 - $47.37
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 2.0% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Comprehensive platform spanning development, deployment, and management across multi-cloud environments
- 40+ year legacy with deep enterprise customer relationships and established market presence
- Integrated ecosystem reducing vendor fragmentation and simplifying customer operations
- Strong developer community and extensive partner network of ISVs and system integrators
Bear Case
1 risk
- Average volatility.
Growth
Stable outlook
Increasing enterprise adoption of cloud and hybrid infrastructure automation
Value
Deep value opportunity - significant discount to Enterprise SaaS peers
Momentum
Hot
+41.4% over 3m
Quality
Excellent
Excellent business quality
Dividend
None
No dividend
Smart-money signal
Who's buying PRGS right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Sep 28, 2026
JUN 30, 2026
Reported EPS of $1.62 vs $1.46 consensus (+11.0% surprise). Revenue of $237.4M vs $242.7M expected (-2.2%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q2 26
+11.0%
Revenue trend · last 8Q
—
+21%
+29%
+36%
+40%
+18%
+4%
+7%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$178.7M
$215.0M
$238.0M
$237.4M
$249.8M
$252.7M
$247.8M
$253.5M
Margins · last 8Q
Gross
92.4%
Operating
17.8%
Profit
8.3%
Wall Street consensus
5 analysts · 80% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
80%
Hold
20%
Sell
0%
Median Price Target
—
Latest: Citi · Apr 1, 2026
vs Industry
How PRGS stacks vs Software - Infrastructure
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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