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PRGS

Progress Software (PRGS) Stock Forecast & Price Target

Progress Software (PRGS) Analyst Ratings

Based on 6 analyst ratings
Buy
Strong Buy 50%
Buy 33%
Hold 17%
Sell 0%
Strong Sell 0%

Bulls say

Progress Software is well-positioned in the market with its Total Growth Strategy, which includes product innovation, disciplined M&A, and focus on customers for net retention. The company also has a strong financial position with steady operating execution, strong cash flow generation, and share repurchases, making it an attractive investment opportunity. Additionally, Progress Software's diverse product portfolio and market reach positions it for continued growth and success.

Bears say

Progress Software is projected to see slowing Y/Y growth rates in the coming years, with a current P/E ratio of 5.5x CY2026 EPS, indicating the potential for further downside in the stock. While the company has raised its revenue and EPS guidance for FY26, its ARR and NRR growth rates remain stable or have improved only slightly, suggesting limited potential for significant upside in the near term. Additionally, the company's reliance on the US market for a majority of its revenue presents a risk in terms of geographic diversification.

Progress Software (PRGS) has been analyzed by 6 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 33% recommend Buy, 17% 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 6 analysts, Progress Software (PRGS) has a Buy consensus rating as of Jul 18, 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 $49.67, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $49.67, 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

Sign up to buy
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