
Progress Software (PRGS) Stock Forecast & Price Target
Progress Software (PRGS) Analyst Ratings
Bulls say
Progress Software is a strong performer in the software industry, consistently meeting or exceeding financial targets with low organic growth but high margins. The company has successfully managed acquisitions and is poised for even greater growth with its recent purchase of DOMO. Progress also has a strong focus on data security and governance, and has positioned itself to take advantage of the growing demand for AI-related products in the enterprise space. With a solid execution track record and a potential for future acquisitions, Progress is a solid pick for investors.
Bears say
Progress Software is expected to have a challenging time in pursuing its aggressive M&A strategy due to high seller expectations and the need to stay within its limits of available capital. However, the company's solid 2QFY26 results and strong execution may help sustain its elevated shareholder returns, alongside its increasing relevance in the AI space, which could drive its Net Revenue Retention (NRR) closer to its 100% target. Potential risks to this positive outlook include the availability of suitable M&A targets and successful integration and execution of any acquisitions, as well as potential volatility in operating and free cash flow margins.
This aggregate rating is based on analysts' research of Progress Software and is not a guaranteed prediction by Public.com or investment advice.
Progress Software (PRGS) Analyst Forecast & Price Prediction
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