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Progress Software Corporation (PRGS)
$33.84+0.69 (+2.08%)
After Hours$33.79-0.05 (-0.15%)· Last close Jun 29
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.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Progress Software Corporation in the Technology sector is trading at $33.84 with a market capitalization of $1.3B. Wall Street consensus targets $50.83 (6 analysts), implying a +50.2% move over the next 12 months. The stock is currently 48% below its 52-week high of $65.50, remaining 9.9% below its 200-day moving average. On fundamentals, Piotroski 6/9 shows mixed financial quality, Altman Z in the distress zone. The Whystock Score of 40/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Sell-side targets imply +50.2% upside over 12 months
Long-term trend bearish (price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
Quarterly Financials
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $247.80M↓ | $252.67M↑ | $249.79M↑ | $237.35M↓ | $238.01M |
| Gross Profit | $203.94M↓ | $206.14M↑ | $202.26M↑ | $190.07M↓ | $191.78M |
| Operating Income | $49.34M↑ | $43.44M↓ | $46.25M↑ | $42.12M↓ | $42.68M |
| Net Income | $22.81M↓ | $25.75M↑ | $19.41M↑ | $17.03M↑ | $10.95M |
Peer Comparison
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Fundamentals
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-ge...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$1.34B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
16.39
Beta
Defensive asset. Lower volatility than the S&P 500.
0.78
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Elite ROE. Management converts capital into profit efficiently.
17.04%
Volume
Today's trading volume
794,111
Recent News
Progress Software (PRGS) Soars 11.2%: Is Further Upside Left in the Stock?
Progress Software (PRGS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Adobe Systems (ADBE) Q2 Earnings and Revenues Beat Estimates
Adobe (ADBE) delivered earnings and revenue surprises of +2.20% and +2.50%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Descartes Systems (DSGX) Q1 Earnings and Revenues Beat Estimates
Descartes Systems (DSGX) delivered earnings and revenue surprises of +3.77% and +1.01%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
A Look At Progress Software (PRGS) Valuation After Recent Short Term Share Price Momentum
Recent share performance and business snapshot Progress Software (PRGS) has drawn investor attention after a 22.0% gain over the past month and an 18.6% move over the past week, even as the stock remains down year to date. The company, valued at about US$1.38b with a last close of US$35.32, reports annual revenue of US$987.615m and net income of US$85.0m from its portfolio of application development, automation and data platforms. See our latest analysis for Progress Software. That sharp...
Zacks Industry Outlook Highlights Oracle, Intuit and Progress Software
Oracle, Intuit and Progress Software are benefiting from AI and cloud demand despite macroeconomic and competitive pressures in software.