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Ranked #2269 by analyst upside · 2026-11-12
PRGS
Progress Software Corporation
Technology · Market Cap $2B · P/E 20.2x
ANALYST PRICE TARGET
+26.9%
implied upside to consensus target
Current Price $44.3
Consensus Target $56.2
Bull Target $83.0
Bear Target $40.0
Analysts Covering 5
ANALYST CONSENSUS - BUY
Strong Buy
0
Buy
4
Hold
1
Sell
0
52-Week Low $23.82
52-Week High $47.25
YTD Return +7.9%
FUNDAMENTALS
Market Cap $2B
P/E Ratio (TTM) 20.2x
Forward P/E 6.2x
EPS (TTM) $2.19
PEG Ratio 1.26
Dividend Yield N/A
Revenue (TTM) $1000M
Profit Margin 9.2%
52-WEEK RANGE
52-Week Low $23.82
52-Week High $47.25
Current Price $44.3
Bear Target $40.0
Bull Target $83.0
● Now $44.3 ● Target $56.2
TRADING DATA
Avg Volume 528K
YTD Return +7.9%
Analyst Count 5
Consensus Buy
Upside to Target +26.9%
Last Updated 2026-11-12

ANALYST SUMMARY

Progress Software Corporation (PRGS) is currently trading at $44.3 with a Wall Street consensus price target of $56.2, implying potential upside of 26.9% over the next 12 months. 5 analysts currently cover PRGS, with a consensus rating of Buy - 80% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $83.0, while the most cautious has a target of $40.0.

PRGS operates in the Technology sector with a market capitalisation of $2B. The stock is up 7.9% year-to-date and is currently trading near the upper end of its 52-week range of $23.82 – $47.25.

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RECENT ANALYST CALLS

Upgrade/downgrade history for PRGS, with each firm's 90-day track record across all stocks we track. See full firm rankings →

DA Davidson - Reiterated
Buy → Buy 2026-10-02 Building track record
DA Davidson - Reiterated
Buy → Buy 2026-08-12 Building track record
DA Davidson - Reiterated
Buy → Buy 2026-07-23 Building track record
DA Davidson - Reiterated
Buy → Buy 2026-07-01 Building track record
Oppenheimer - Reiterated
Outperform → Outperform 2026-07-01 14% win rate (7 calls)
Guggenheim reit
Buy → Buy 2026-07-01 62% win rate (8 calls)
Citigroup - Reiterated
Buy → Buy 2026-04-01 Building track record
Jefferies - Reiterated
Hold → Hold 2026-03-31 50% win rate (6 calls)
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
47
out of 100
Coverage depth
14/30
Consensus clarity
11/30
Vote unanimity
20/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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