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Progress Software (PRGS) Competitors

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$55.52 -8.32 (-13.03%)
Closing price 07/1/2025 04:00 PM Eastern
Extended Trading
$55.57 +0.05 (+0.09%)
As of 09:12 AM Eastern
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PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, DSGX, and PEGA

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), The Descartes Systems Group (DSGX), and Pegasystems (PEGA).

Progress Software vs. Its Competitors

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

Progress Software presently has a consensus price target of $75.17, suggesting a potential upside of 35.39%. CommVault Systems has a consensus price target of $182.86, suggesting a potential upside of 5.99%. Given Progress Software's stronger consensus rating and higher possible upside, 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)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56

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

93.5% of CommVault Systems shares are held by institutional investors. 3.6% of Progress Software shares are held by company insiders. Comparatively, 1.0% of CommVault Systems shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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$753.41M3.17$68.44M$1.2943.04
CommVault Systems$995.62M7.72$76.11M$1.69102.09

CommVault Systems has a net margin of 7.64% compared to Progress Software's net margin of 6.63%. Progress Software's return on equity of 44.24% beat CommVault Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software6.63% 44.24% 8.68%
CommVault Systems 7.64%32.31%9.39%

In the previous week, Progress Software had 28 more articles in the media than CommVault Systems. MarketBeat recorded 37 mentions for Progress Software and 9 mentions for CommVault Systems. CommVault Systems' average media sentiment score of 1.02 beat Progress Software's score of 0.82 indicating that CommVault Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
9 Very Positive mention(s)
11 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
CommVault Systems
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

CommVault Systems beats Progress Software on 11 of the 16 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$2.75B$160.99B$27.42B$8.94B
Dividend YieldN/A1.31%2.94%4.12%
P/E Ratio42.3837.4135.8319.74
Price / Sales3.1715.931,993.90109.12
Price / Cash9.6027.8437.9957.06
Price / Book5.439.587.005.37
Net Income$68.44M$3.58B$762.33M$248.34M
7 Day Performance-12.66%1.82%2.21%1.67%
1 Month Performance-10.18%3.92%5.56%4.56%
1 Year Performance1.24%44.80%52,132.52%18.42%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.6175 of 5 stars
$55.52
-13.0%
$75.17
+35.4%
+3.7%$2.75B$753.41M42.382,815Trending News
Earnings Report
Analyst Forecast
Analyst Revision
Gap Down
High Trading Volume
CVLT
CommVault Systems
4.5232 of 5 stars
$170.50
-1.0%
$175.25
+2.8%
+41.8%$7.60B$995.62M100.893,300Positive News
High Trading Volume
QLYS
Qualys
1.9175 of 5 stars
$140.00
-0.3%
$137.50
-1.8%
+1.5%$5.10B$607.57M28.632,400Positive News
AI
C3.ai
3.8331 of 5 stars
$24.14
+3.1%
$29.46
+22.0%
-14.1%$3.11B$389.06M-10.78700Trending News
Insider Trade
MSFT
Microsoft
4.7007 of 5 stars
$490.11
+0.8%
$515.68
+5.2%
+7.7%$3.61T$245.12B37.88228,000Trending News
Analyst Downgrade
ORCL
Oracle
4.513 of 5 stars
$215.39
+4.0%
$196.74
-8.7%
+53.1%$581.54B$57.40B49.63162,000Trending News
Analyst Upgrade
NOW
ServiceNow
4.445 of 5 stars
$995.87
+1.6%
$1,062.50
+6.7%
+28.3%$202.93B$10.98B135.3126,293Positive News
FTNT
Fortinet
4.2549 of 5 stars
$104.42
+1.2%
$104.80
+0.4%
+71.1%$78.95B$5.96B42.9714,138Positive News
AXON
Axon Enterprise
1.2002 of 5 stars
$794.25
+1.4%
$699.55
-11.9%
+168.1%$60.98B$2.08B191.854,970Positive News
DSGX
The Descartes Systems Group
2.5398 of 5 stars
$103.43
+2.6%
$123.40
+19.3%
+5.3%$8.63B$651M62.312,524Positive News
PEGA
Pegasystems
4.2836 of 5 stars
$51.61
+3.3%
$53.32
+3.3%
+77.2%$8.55B$1.50B50.115,443Analyst Forecast

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This page (NASDAQ:PRGS) was last updated on 7/2/2025 by MarketBeat.com Staff
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