PRGS Progress Software Corporation
USTechnologyAs of 2026-07-10 14:20
Why PRGS matters now
Progress Software Corporation (PRGS) is a US stock in Technology. The latest InvestLog snapshot shows $38.17 with -0.86% on the session and $1.57B in market capitalization; recent performance reads 1-month +2.38% and YTD -30.91%.
The latest financial table shown here is Q1 2026, with revenue of $247.8M, net income of $22.8M, and EPS of $0.53. Investors can compare that operating picture with valuation signals such as P/E 14.38 and FCF yield 20.6%.
The latest indexable market news headline is "85% of Lawyers Use AI, Yet Manual Work Still Dominates Legal Workflows, New Progress Software Report Reveals" from GlobeNewsWire.
Additional event context on this page matters because analyst consensus is Buy with a median target of $45.00; recent insider activity includes FOLGER ANTHONY filing S-Sale; recent congressional disclosure data includes Kevin Hern Sale. These signals are research inputs, not a recommendation.
Valuation
P/E (TTM)
14.38
PEG
0.29
P/B
2.51
P/S
1.26
EV/EBITDA
6.34
DCF Value
$173.33
FCF Yield
20.6%
Div Yield
0.0%
Margins & Returns
Gross Margin
78.7%
Operating Margin
17.2%
Net Margin
8.6%
ROE
17.8%
ROA
3.5%
ROIC
9.0%
Financials
| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $247.8M | $22.8M | $0.53 |
| Q4 2025 | $252.7M | $25.7M | $0.59 |
| FY 2025 | $977.8M | $73.1M | $1.66 |
| Q3 2025 | $249.8M | $19.4M | $0.44 |
Analyst Ratings
Consensus
Buy
Target (Consensus)
$45.00
Target (Median)
$45.00
Target Range
$45.00 - $45.00
Trading Activity
Insider Trades
Congress Trades
Related Stocks
Latest News
Company Info
Sector
Technology
Industry
Software - Application
Country
US
Exchange
—
Beta
0.83
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.