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Ranked #2099 by analyst upside · 2026-08-12
PRGS
Progress Software Corporation
Technology · Market Cap $2B · P/E 20.9x
ANALYST PRICE TARGET
+24.7%
implied upside to consensus target
Current Price $43.15
Consensus Target $53.8
Bull Target $83.0
Bear Target $45.0
Analysts Covering 5
ANALYST CONSENSUS - BUY
Strong Buy
0
Buy
5
Hold
0
Sell
0
52-Week Low $23.82
52-Week High $47.37
YTD Return +5.1%
FUNDAMENTALS
Market Cap $2B
P/E Ratio (TTM) 20.9x
Forward P/E 6.9x
EPS (TTM) $2.06
PEG Ratio 1.38
Dividend Yield N/A
Revenue (TTM) $1.0B
Profit Margin 8.9%
52-WEEK RANGE
52-Week Low $23.82
52-Week High $47.37
Current Price $43.15
Bear Target $45.0
Bull Target $83.0
● Now $43.15 ● Target $53.8
TRADING DATA
Avg Volume 735K
YTD Return +5.1%
Analyst Count 5
Consensus Buy
Upside to Target +24.7%
Last Updated 2026-08-12

ANALYST SUMMARY

Progress Software Corporation (PRGS) is currently trading at $43.15 with a Wall Street consensus price target of $53.8, implying potential upside of 24.7% over the next 12 months. 5 analysts currently cover PRGS, with a consensus rating of Buy - 100% 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 $45.0.

PRGS operates in the Technology sector with a market capitalisation of $2B. The stock is up 5.1% year-to-date and is currently trading near the upper end of its 52-week range of $23.82 – $47.37.

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RECENT ANALYST CALLS

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Citigroup - Reiterated
Buy → Buy 2026-04-01 Building track record
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Hold → Hold 2026-03-31 50% win rate (6 calls)
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Oppenheimer - Reiterated
Outperform → Outperform 2026-03-31 14% win rate (7 calls)
DA Davidson - Reiterated
Buy → Buy 2026-03-25 Building track record
DA Davidson - Reiterated
Buy → Buy 2026-02-04 Building track record
Citigroup - Reiterated
Buy → Buy 2026-01-22 Building track record
Wedbush - Reiterated
Outperform → Outperform 2026-01-22 Building track record
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
53
out of 100
Coverage depth
14/30
Consensus clarity
12/30
Vote unanimity
25/25
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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