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Progress Software (PRGS) Competitors

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$46.04 -2.04 (-4.24%)
Closing price 04:00 PM Eastern
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$46.70 +0.66 (+1.43%)
As of 07:34 PM Eastern
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PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, OTEX, and ACIW

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include CommVault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), Fortinet (FTNT), Axon Enterprise (AXON), Open Text (OTEX), and ACI Worldwide (ACIW).

Progress Software vs. Its Competitors

Progress Software (NASDAQ:PRGS) and CommVault Systems (NASDAQ:CVLT) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, valuation, profitability, earnings, dividends and risk.

Progress Software has a beta of 0.68, suggesting that its stock price is 32% less volatile than the S&P 500. Comparatively, CommVault Systems has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500.

93.5% of CommVault Systems shares are owned by institutional investors. 3.4% of Progress Software shares are owned by insiders. Comparatively, 1.0% of CommVault Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

CommVault Systems has a net margin of 7.70% compared to Progress Software's net margin of 6.63%. Progress Software's return on equity of 43.72% beat CommVault Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software6.63% 43.72% 8.47%
CommVault Systems 7.70%30.83%9.05%

CommVault Systems has higher revenue and earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than CommVault Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$753.41M2.63$68.44M$1.3135.15
CommVault Systems$995.62M8.04$76.11M$1.69106.35

In the previous week, CommVault Systems had 41 more articles in the media than Progress Software. MarketBeat recorded 45 mentions for CommVault Systems and 4 mentions for Progress Software. Progress Software's average media sentiment score of 1.77 beat CommVault Systems' score of 0.55 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
CommVault Systems
13 Very Positive mention(s)
5 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive

Progress Software presently has a consensus price target of $73.33, indicating a potential upside of 59.28%. CommVault Systems has a consensus price target of $205.63, indicating a potential upside of 14.41%. Given Progress Software's higher probable upside, research analysts clearly believe Progress Software is more favorable than CommVault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
CommVault Systems
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

CommVault Systems beats Progress Software on 11 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwareCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$1.98B$169.16B$28.34B$9.30B
Dividend YieldN/A1.30%3.05%4.06%
P/E Ratio35.1538.1648.0924.34
Price / Sales2.639.971,540.08179.17
Price / Cash7.3929.6838.5258.21
Price / Book4.3810.477.435.56
Net Income$68.44M$3.72B$782.10M$259.03M
7 Day Performance-9.39%-3.52%-3.64%-4.56%
1 Month Performance-17.07%1.27%0.78%6.00%
1 Year Performance-19.68%31.28%52,916.85%15.51%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.6018 of 5 stars
$46.04
-4.2%
$73.33
+59.3%
-17.7%$2.07B$753.41M35.152,815Positive News
CVLT
CommVault Systems
4.5357 of 5 stars
$166.86
-1.1%
$189.13
+13.3%
+24.3%$7.51B$995.62M98.733,300Trending News
Analyst Forecast
Analyst Revision
QLYS
Qualys
1.4049 of 5 stars
$141.06
+1.1%
$137.50
-2.5%
-10.8%$5.07B$607.57M28.852,400Positive News
Upcoming Earnings
AI
C3.ai
4.3297 of 5 stars
$28.58
+0.9%
$30.14
+5.5%
-11.9%$3.81B$389.06M-12.761,181Gap Down
MSFT
Microsoft
4.9465 of 5 stars
$505.27
-0.9%
$544.07
+7.7%
+27.5%$3.79T$245.12B39.05228,000Trending News
Earnings Report
Analyst Forecast
Analyst Revision
ORCL
Oracle
4.3962 of 5 stars
$238.37
-2.1%
$218.29
-8.4%
+82.2%$684.06B$57.40B54.92162,000Positive News
Gap Down
NOW
ServiceNow
4.6361 of 5 stars
$963.62
+0.4%
$1,079.58
+12.0%
+15.8%$198.68B$10.98B130.9326,293Positive News
Analyst Upgrade
Insider Trade
FTNT
Fortinet
4.5557 of 5 stars
$104.81
-2.0%
$106.48
+1.6%
+72.1%$81.85B$5.96B43.1314,138Positive News
Upcoming Earnings
AXON
Axon Enterprise
2.6141 of 5 stars
$720.74
-4.1%
$772.08
+7.1%
+151.8%$58.51B$2.08B174.094,970Positive News
Upcoming Earnings
Gap Down
OTEX
Open Text
4.5298 of 5 stars
$29.87
+3.6%
$32.30
+8.1%
-6.7%$7.40B$5.77B12.1922,900News Coverage
Upcoming Earnings
Short Interest ↑
Gap Down
ACIW
ACI Worldwide
4.1995 of 5 stars
$45.52
+1.2%
$60.00
+31.8%
-1.5%$4.72B$1.59B17.923,103Positive News
Upcoming Earnings

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This page (NASDAQ:PRGS) was last updated on 8/1/2025 by MarketBeat.com Staff
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