PROS (PRO) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PROS in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRO shares.
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3 Wall Street analysts have issued 1 year price targets for PROS's shares. Their PRO share price forecasts range from $34.00 to $37.00. On average, they expect the company's stock price to reach $35.40 in the next year. This suggests a possible upside of 20.6% from the stock's current price.
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PROS's stock was trading at $24.26 at the beginning of the year. Since then, PRO stock has increased by 21.0% and is now trading at $29.36.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our PRO earnings forecast.

PROS Holdings, Inc. (NYSE:PRO) issued its quarterly earnings results on Tuesday, May, 2nd. The software maker reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.03. The software maker had revenue of $73.18 million for the quarter, compared to analyst estimates of $70.91 million. The business's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.47) earnings per share.

ETFs with the largest weight of PROS (NYSE:PRO) stock in their portfolio include First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), SPDR S&P Software & Services ETF (XSW), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), ALPS Global Travel Beneficiaries ETF (JRNY), Direxion Daily Cloud Computing Bull 2x (CLDL) and iShares Expanded Tech-Software Sector ETF (IGV).

PROS issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of -$0.08--$0.05 for the period, compared to the consensus earnings per share estimate of -$0.10. The company issued revenue guidance of $72.20 million-$73.20 million, compared to the consensus revenue estimate of $70.90 million.

103 employees have rated PROS Chief Executive Officer Andres D. Reiner on Glassdoor.com. Andres D. Reiner has an approval rating of 97% among the company's employees. This puts Andres D. Reiner in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PROS investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Wells Fargo & Company (WFC), Gilead Sciences (GILD), Tesla (TSLA), Twitter (TWTR), Verizon Communications (VZ), Exxon Mobil (XOM), Carnival Co. & (CCL) and Enterprise Products Partners (EPD).

PROS trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRO."

PROS's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Brown Capital Management LLC (9.86%), BlackRock Inc. (8.16%), Fred Alger Management LLC (7.12%), Conestoga Capital Advisors LLC (6.99%), RGM Capital LLC (6.83%) and Brown Advisory Inc. (4.86%). Insiders that own company stock include Andres Reiner, Greg Petersen, John C P Allessio, Leslie J Rechan, Roberto D Reiner, Scott William Cook, Stefan B Schulz and Timothy V Williams.
View institutional ownership trends.

Shares of PRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PRO stock can currently be purchased for approximately $29.36.

PROS (NYSE:PRO) has a market capitalization of $1.35 billion and generates $282.83 million in revenue each year. The software maker earns $-82,250,000.00 in net income (profit) each year or ($1.60) on an earnings per share basis.

The company employs 1,699 workers across the globe.

PROS's mailing address is 3100 MAIN STREET SUITE 900, HOUSTON TX, 77002. The official website for the company is www.pros.com. The software maker can be reached via phone at (713) 335-5151, via email at ir@pros.com, or via fax at 713-335-8144.