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Progress Software (PRGS) Competitors

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$64.66 +0.38 (+0.59%)
Closing price 04:00 PM Eastern
Extended Trading
$64.68 +0.02 (+0.02%)
As of 04:04 PM Eastern
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PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, NICE, and PCTY

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), NICE (NICE), and Paylocity (PCTY).

Progress Software vs.

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

93.5% of Commvault Systems shares are owned by institutional investors. 1.0% of Commvault Systems shares are owned by company insiders. Comparatively, 3.4% of Progress Software shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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
Commvault Systems$995.62M8.29$168.91M$1.69110.75
Progress Software$806.74M3.45$68.44M$1.2950.12

Commvault Systems received 119 more outperform votes than Progress Software when rated by MarketBeat users. However, 65.58% of users gave Progress Software an outperform vote while only 64.66% of users gave Commvault Systems an outperform vote.

CompanyUnderperformOutperform
Commvault SystemsOutperform Votes
580
64.66%
Underperform Votes
317
35.34%
Progress SoftwareOutperform Votes
461
65.58%
Underperform Votes
242
34.42%

Commvault Systems currently has a consensus price target of $175.25, indicating a potential downside of 6.36%. Progress Software has a consensus price target of $74.33, indicating a potential upside of 14.96%. 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
Commvault Systems
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56
Progress Software
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Commvault Systems has a net margin of 18.14% compared to Progress Software's net margin of 9.08%. Progress Software's return on equity of 41.56% beat Commvault Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Commvault Systems18.14% 28.69% 8.36%
Progress Software 9.08%41.56%9.86%

Commvault Systems has a beta of 0.75, meaning that its share price is 25% less volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.67, meaning that its share price is 33% less volatile than the S&P 500.

In the previous week, Commvault Systems had 7 more articles in the media than Progress Software. MarketBeat recorded 11 mentions for Commvault Systems and 4 mentions for Progress Software. Commvault Systems' average media sentiment score of 0.92 beat Progress Software's score of 0.63 indicating that Commvault Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Commvault Systems
7 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
1 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 12 of the 18 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 {thisCompany.Symbol} 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 SoftwarePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$2.78B$27.52B$26.51B$8.67B
Dividend YieldN/A1.60%2.86%4.19%
P/E Ratio41.45120.8145.3520.19
Price / Sales3.4515.942,031.83162.04
Price / Cash8.5186.0634.7434.64
Price / Book6.329.667.094.72
Net Income$68.44M$438.27M$740.66M$247.80M
7 Day Performance2.59%1.14%3.99%3.36%
1 Month Performance6.17%8.87%7.41%9.70%
1 Year Performance30.15%33.33%52,442.60%14.41%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
3.9625 of 5 stars
$64.66
+0.6%
$74.33
+15.0%
+28.1%$2.78B$806.74M41.452,070
CVLT
Commvault Systems
4.5215 of 5 stars
$183.24
-2.0%
$175.25
-4.4%
+66.5%$8.09B$995.62M48.092,850Analyst Revision
High Trading Volume
QLYS
Qualys
2.5344 of 5 stars
$142.56
+1.3%
$137.50
-3.5%
+4.2%$5.18B$621.67M30.662,140News Coverage
AI
C3.ai
3.8838 of 5 stars
$25.62
+2.6%
$29.46
+15.0%
-13.8%$3.40B$389.06M-11.59700Gap Up
MSFT
Microsoft
4.5702 of 5 stars
$462.97
+0.2%
$513.13
+10.8%
+11.5%$3.44T$270.01B37.28221,000Trending News
Dividend Announcement
Analyst Revision
ORCL
Oracle
4.5283 of 5 stars
$169.26
+1.6%
$174.42
+3.1%
+40.7%$473.40B$55.78B41.38143,000Trending News
Upcoming Earnings
Analyst Forecast
Analyst Revision
NOW
ServiceNow
4.1881 of 5 stars
$1,011.96
0.0%
$1,062.50
+5.0%
+47.0%$209.46B$11.47B148.1620,400Positive News
Analyst Downgrade
Analyst Revision
FTNT
Fortinet
4.6177 of 5 stars
$102.88
+0.4%
$104.80
+1.9%
+70.9%$78.75B$6.14B45.5212,600Positive News
Analyst Revision
AXON
Axon Enterprise
1.1134 of 5 stars
$759.07
+0.1%
$652.73
-14.0%
+179.4%$59.09B$2.23B196.142,150Options Volume
NICE
NICE
3.7573 of 5 stars
$170.47
+3.1%
$211.50
+24.1%
+4.0%$10.78B$2.78B25.227,100Trending News
Analyst Revision
PCTY
Paylocity
4.6157 of 5 stars
$190.72
+0.1%
$223.00
+16.9%
+33.4%$10.53B$1.55B48.905,300Positive News

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This page (NASDAQ:PRGS) was last updated on 6/10/2025 by MarketBeat.com Staff
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