PRGS Progress Software Corporation logo

PRGS Progress Software Corporation

Technology
$29.78+2.97%ClosedMarket Cap: $1.25B

As of 2026-05-25

Valuation

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P/E (TTM)

14.38

PEG

0.29

P/B

2.52

P/S

1.27

EV/EBITDA

11.50

DCF Value

$178.06

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

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PeriodRevenueNet IncomeEPS
Q1 null$247.8M$22.8M$
Q4 null$252.7M$25.7M$
FY null$977.8M$73.1M$
Q3 null$249.8M$19.4M$

Analyst Ratings

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Consensus

Buy

Target (Consensus)

$45.00

Target (Median)

$45.00

Target Range

$45.00 - $45.00

0 Strong Buy5 Buy1 Hold0 Sell0 Strong Sell
CitigroupBuy
2026-04-01
WedbushOutperform
2026-03-31
JefferiesHold
2026-03-31
OppenheimerOutperform
2026-03-31
DA DavidsonBuy
2026-03-25

Trading Activity

Insider Trades

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WANG YUFAN STEPHANIEofficer: Chief Legal Officer
SellWed May 20
WANG YUFAN STEPHANIEofficer: Chief Legal Officer
SellWed May 20
FOLGER ANTHONYofficer: Chief Financial Officer
SellWed May 20
FOLGER ANTHONYofficer: Chief Financial Officer
SellWed May 20
FOLGER ANTHONYofficer: Chief Financial Officer
SellFri Apr 03

Congress Trades

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Kevin HernSell
Mon Apr 06

Company Info

Sector

Technology

Industry

Software - Application

Country

US

Exchange

Beta

0.78

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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