NASDAQ:PRGS Progress Software (PRGS) Stock Price, News & Analysis $39.93 -0.48 (-1.19%) As of 12:20 PM Eastern This is a fair market value price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Progress Software Stock (NASDAQ:PRGS) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Progress Software alerts:Sign Up Key Stats Today's Range$39.57▼$41.2350-Day Range$36.92▼$46.2752-Week Range$23.82▼$47.37Volume154,808 shsAverage Volume853,298 shsMarket Capitalization$1.64 billionP/E Ratio19.36Dividend YieldN/APrice Target$52.17Consensus RatingModerate Buy Company Overview Progress Software Corporation (NASDAQ: PRGS) develops enterprise software designed to help organizations build, deploy, manage and secure business applications and digital services. Its portfolio supports application development, data connectivity, integration, file transfer, application performance monitoring and network management across cloud, hybrid and on-premises environments. The company’s products and brands include OpenEdge for developing and deploying business applications; DataDirect for data connectivity; MOVEit for managed file transfer; WhatsUp Gold and Flowmon for network monitoring and visibility; Chef for infrastructure and application automation; Sitefinity for digital experience management; and Telerik and Kendo UI for user interface and development tools. Progress also offers application servers, integration technologies and other tools intended to support the full application lifecycle. Progress was founded in 1981 and is headquartered in Burlington, Massachusetts. Through organic development and acquisitions, the company has expanded its portfolio to serve businesses, government organizations and other institutions internationally. Progress has been led by President and Chief Executive Officer Yogesh Gupta since 2016.AI Generated. May Contain Errors. Read More Progress Software Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks69th Percentile Overall ScorePRGS MarketRank™: Progress Software scored higher than 69% of companies evaluated by MarketBeat, and ranked 212th out of 593 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingModerate Buy Consensus RatingProgress Software has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on no strong buy ratings, 5 buy ratings, 2 hold ratings, and no sell ratings.Upside PotentialProgress Software has a consensus price target of $52.17, representing about 30.4% upside from its current price of $40.00.Amount of Analyst CoverageProgress Software has only been the subject of 4 research reports in the past 90 days.Read more about Progress Software's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth2.94% Earnings GrowthEarnings for Progress Software are expected to grow by 2.94% in the coming year, from $4.77 to $4.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Progress Software is 19.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Progress Software is 19.47, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 78.45.Price to Earnings Growth RatioProgress Software has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioProgress Software has a P/B Ratio of 3.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Progress Software's valuation and earnings. Short Interest0.0 / 5Short Interest LevelBearish Percentage of Shares Shorted11.61% of the float of Progress Software has been sold short.Short Interest Ratio / Days to CoverProgress Software has a short interest ratio ("days to cover") of 11.63, which indicates bearish sentiment.Change versus previous monthShort interest in Progress Software has recently increased by 6.54%, indicating that investor sentiment is decreasing significantly. Dividend0.8 / 5Dividend StrengthN/A Dividend YieldProgress Software does not currently pay a dividend.Dividend GrowthProgress Software does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Progress Software will have a dividend payout ratio of 14.26% next year. This indicates that Progress Software will be able to sustain or increase its dividend. News and Social Media3.0 / 5News Sentiment0.78 News SentimentProgress Software has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Progress Software this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for PRGS on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows2 people have added Progress Software to their MarketBeat watchlist in the last 30 days. Company Ownership0.9 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Progress Software insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $405,547.00 in company stock.Percentage Held by Insiders4.10% of the stock of Progress Software is held by insiders.Percentage Held by InstitutionsProgress Software has minimal institutional ownership at this time.Read more about Progress Software's insider trading history. Receive PRGS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Progress Software and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. PRGS Stock News HeadlinesRTB Digital, Inc. Common Stock (NASDAQ:RTB) & Progress Software (NASDAQ:PRGS) Critical AnalysisSeptember 21 at 4:29 AM | americanbankingnews.comProgress Software to Report Third Quarter 2026 Financial Results on September 30, 2026September 16, 2026 | globenewswire.comA councilman backed AI — then 13 bullets hit his front doorThirteen bullets hit an Indianapolis councilman's front door days after he backed a data center rezoning. Across the country, protests, lawsuits, and moratoria are targeting AI infrastructure projects. Whitney Tilson, former hedge fund manager and editor of Stansberry's Investment Advisory, says November 4 could bring this conflict to a head, with major implications for investors' portfolios.September 22 at 1:00 AM | Stansberry Research (Ad)Progress Software: Domo Is A Shaky Business To Acquire (Rating Downgrade)September 15, 2026 | seekingalpha.comProgress Data Platform Summit 2026 Brings Together Data and AI LeadersSeptember 9, 2026 | globenewswire.comWhat Is Progress Software (PRGS) Launching In Its New AI UI Release?September 2, 2026 | finance.yahoo.comProgress Software Corporation (PRGS)August 21, 2026 | finance.yahoo.comProgress Software Launches AI-Driven Telerik and Kendo UI Release for Agent-Ready Application DevelopmentAugust 20, 2026 | quiverquant.comQSee More Headlines PRGS Stock Analysis - Frequently Asked Questions How have PRGS shares performed this year? Progress Software's stock was trading at $42.96 at the start of the year. Since then, PRGS shares have decreased by 6.9% and is now trading at $40.00. How were Progress Software's earnings last quarter? Progress Software Corporation (NASDAQ:PRGS) released its quarterly earnings data on Tuesday, June, 30th. The software maker reported $1.62 EPS for the quarter, topping the consensus estimate of $1.46 by $0.16. The firm's revenue was up 6.8% on a year-over-year basis. Read the conference call transcript. Does Progress Software have any subsidiaries? The following companies are subsidiaries of Progress Software: Chef, Ipswitch, Kinvey, DataRPM, OneBit Software, Progress Telerik, BravePoint, and more. Who are Progress Software's major shareholders? Top institutional shareholders of Progress Software include The Manufacturers Life Insurance Company (2.96%), Heron Bay Capital Management (2.47%), Rice Hall James & Associates LLC (1.39%) and Oaktop Capital Management II L.P. (1.24%). Insiders that own company stock include Yogesh K Gupta, David Krall, Charles Francis Kane, Rainer Gawlick, Anthony Folger, John Ainsworth, Sundar Subramanian, Loren Jarrett, Ian Pitt, Domenic Lococo, Kathryn Kulikoski and Yufan Stephanie Wang. View institutional ownership trends. How do I buy shares of Progress Software? Shares of PRGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Progress Software own? Based on aggregate information from My MarketBeat watchlists, some other companies that Progress Software investors own include American Water Works (AWK), Voyager Therapeutics (VYGR), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY) and The RMR Group (RMR). Company Calendar Last Earnings6/30/2026Today9/22/2026Next Earnings (Estimated)9/30/2026Fiscal Year End11/30/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (2m+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 PRGS's financial health is in the Green zone, according to TradeSmith. PRGS has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry Software Sub-IndustrySystems Software Current SymbolNASDAQ:PRGS CIK876167 Webwww.progress.com Phone(781) 280-4000Fax781-280-4095Employees2,801Year Founded1981Price Target and Rating Average Price Target for Progress Software$52.17 High Price Target$83.00 Low Price Target$34.00 Potential Upside/Downside+31.1%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Trailing Twelve Months)$2.06 Trailing P/E Ratio19.35 Forward P/E Ratio8.34 P/E Growth1.68Net Income$73.13 million Net Margins8.87% Pretax Margin10.72% Return on Equity43.07% Return on Assets8.78% Debt Debt-to-Equity Ratio2.55 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$977.83 million Price / Sales1.67 Cash Flow$8.31 per share Price / Cash Flow4.79 Book Value$11.15 per share Price / Book3.57Miscellaneous Outstanding Shares41,010,000Free Float39,331,000Market Cap$1.63 billion OptionableOptionable Beta0.82 Social Links The 7 Hottest IPO Stories of 2026MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.Get This Free Report This page (NASDAQ:PRGS) was last updated on 9/22/2026 by MarketBeat.com Staff. From Our PartnersChina's dominance in rare earth processing sparks new defense rulesOn January 1, 2027, new Pentagon rules tighten sourcing restrictions on critical minerals tied to foreign adve...The Tomorrow Investor | Sponsored$40,000,000,000,000The national debt just hit 40 trillion dollars, and the U.S. now spends more on interest payments than on its ...American Alternative | SponsoredInside Nevada's 60 Million Ounce Gold CorridorBarrick Mining has spent decades building one of the world's great gold districts in Nevada, anchored by Fourm...Wall Street Logic | SponsoredA councilman backed AI — then 13 bullets hit his front doorThirteen bullets hit an Indianapolis councilman's front door days after he backed a data center rezoning. 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