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PRGS

Progress Software (PRGS) Stock Forecast & Price Target

Progress Software (PRGS) Analyst Ratings

Based on 5 analyst ratings
Buy
Strong Buy 40%
Buy 40%
Hold 20%
Sell 0%
Strong Sell 0%

Bulls say

Progress Software is reporting strong financial results, raising their guidance for the upcoming year and maintaining their OUTPERFORM rating. The company is well-positioned to capitalize on their long-term total growth strategy and generate strong free cash flow. With a diverse product portfolio and a focus on AI and innovation, Progress Software is a leader in the industry and remains a stable and attractive investment opportunity.

Bears say

Progress Software is facing headwinds in its SaaS business and is providing conservative guidance for its fiscal year 2026, with expected revenue growth of 2% and a non-GAAP operating margin of 39.0%, slightly above analyst estimates. While the company's AI integrations may provide upside in the long term, it is still in the early stages of implementation and may not have a significant impact on revenue growth in the near future. Additionally, its annualized recurring revenue only saw a modest increase of 1% year over year, indicating potential challenges in driving strong demand across its product portfolio.

Progress Software (PRGS) has been analyzed by 5 analysts, with a consensus rating of Buy. 40% of analysts recommend a Strong Buy, 40% recommend Buy, 20% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Progress Software and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Progress Software (PRGS) Forecast

Analysts have given Progress Software (PRGS) a Buy based on their latest research and market trends.

According to 5 analysts, Progress Software (PRGS) has a Buy consensus rating as of Jun 3, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $46.40, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $46.40, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Progress Software (PRGS)


Order type

Buy in

Order amount

Est. shares

0 shares

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