Progress Software Corporation (PRGS)
| Market Cap | 1.39B |
| Revenue (ttm) | 987.62M |
| Net Income (ttm) | 85.00M |
| Shares Out | 42.08M |
| EPS (ttm) | 1.95 |
| PE Ratio | 16.97 |
| Forward PE | 5.63 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,172,905 |
| Open | 30.02 |
| Previous Close | 29.81 |
| Day's Range | 30.02 - 33.59 |
| 52-Week Range | 23.82 - 65.50 |
| Beta | 0.83 |
| Analysts | Strong Buy |
| Price Target | 50.83 (+53.33%) |
| Earnings Date | Jun 30, 2026 |
About PRGS
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational,... [Read more]
Financial Performance
In fiscal year 2025, Progress Software's revenue was $977.83 million, an increase of 29.79% compared to the previous year's $753.41 million. Earnings were $73.13 million, an increase of 6.86%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for PRGS stock is "Strong Buy." The 12-month stock price target is $50.83, which is an increase of 53.33% from the latest price.
News
Applause and Progress Software Enable Accessible Collaboration for ShareFile Users Worldwide
BOSTON--(BUSINESS WIRE)--Applause, the global leader in managed software testing services and digital quality, today announced it has helped Progress Software reduce accessibility issues in its Progre...
Progress Software to Report Second Quarter 2026 Financial Results on June 30, 2026
BURLINGTON, Mass., June 16, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a small-cap growth and value Russell 2000 stock, today announced that it will release financial results for its f...
Progress Agentic RAG Named 2026 AI Excellence Award Winner for Advancing Retrieval-Augmented Generation
Recognition underscores Progress Software's innovation in removing barriers to GenAI research and making trustworthy RAG accessible to organizations of any size
AI Adoption Accelerates in Accounting, Yet Fragmented Tools Keep Efficiency Just Out of Reach, According to New Progress Software Report
State of Accounting 2026 finds accountants embracing AI and automation—yet disconnected systems and inefficient processes continue to limit productivity and consistent client experiences BURLINGTON, M...
Progress Software Transcript: AGM 2026
The meeting approved all board nominees, executive compensation, and share plan increases, and ratified the auditor. Fiscal 2025 delivered record revenue and EPS, driven by AI initiatives and acquisitions, with a strong start to 2026 and ongoing focus on growth and culture.
Progress Software Releases 2025 Corporate Social Responsibility Report, Underscoring Global Commitment to Giving Back
Report showcases a people‑first culture, measurable global community impact and continued advancements toward long‑term sustainability goals that contributed to multiple Best Workplace honors BURLINGT...
Progress Software Expands AI and Workforce Operations in India with New Bengaluru Innovation Hub
New office at Embassy Tech Village reinforces the company's long-term commitment to India's tech talent with a focus on AI-led innovation BURLINGTON, Mass., April 14, 2026 (GLOBE NEWSWIRE) -- Progress...
Progress Software Delivers Sitefinity Generative CMS for AI-Driven Discovery and Conversational Experiences
Sitefinity Generative CMS enables organizations to securely deliver AI-powered search, personalization and conversational experiences at scale—with built-in governance and control BURLINGTON, Mass., ...
Progress Software Earnings Call Transcript: Q1 2026
Q1 2026 saw 4% revenue growth, 2% ARR growth, and 22% higher EPS, driven by AI innovation and strong execution. ShareFile integration and improved collections boosted cash flow, while isolated churn had minimal impact. Full-year guidance projects steady growth and margin strength.
Progress Software Quarterly report: Q1 2026
Progress Software has published its Q1 2026 quarterly earnings report on March 30, 2026.
Progress Software Earnings release: Q1 2026
Progress Software released its Q1 2026 earnings on March 30, 2026, summarizing the period's financial results.
Progress Software Slides: Q1 2026
Progress Software has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on March 30, 2026.
Progress Software Reports Fiscal First Quarter 2026
BURLINGTON, Mass., March 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index, today announced its financial results for the fiscal first quarter 2026, whi...
Progress ShareFile Adds eIDAS-Supported e-Signatures to Streamline Secure Document Workflows
New AES and QES support helps customers meet UK and EU compliance requirements, reduce reliance on multiple signing tools and strengthen the foundation for secure AI-powered document workflows BURLING...
Progress Software Proxy statement: Proxy filing
Progress Software filed a proxy statement on March 25, 2026, providing details for shareholder voting and corporate governance matters.
Progress Software Proxy statement: Proxy filing
Progress Software filed a proxy statement on March 25, 2026, providing details for shareholder voting and corporate governance matters.
Progress Software to Report First Quarter 2026 Financial Results on March 30, 2026
BURLINGTON, Mass., March 16, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will ...
Progress Software Opens Applications for Its 2026 Global STEM Scholarship Series
Committed to advancing technology education, the annual program empowers students in the U.S., Bulgaria and India to pursue STEM degrees BURLINGTON, Mass., March 10, 2026 (GLOBE NEWSWIRE) -- Progress ...
This Barron's AI Stock Pick Had Its ‘Strongest Year Ever.' The Stock Is Up 20%.
Progress Software beats quarterly earnings estimates and forecasts stronger-than-expected earnings in 2026.
Progress Software Earnings Call Transcript: Q4 2025
Fiscal 2025 delivered record revenue and EPS, driven by ShareFile integration and AI innovation. Guidance for 2026 projects continued growth, strong cash flow, and steady operating margins, with ongoing investments in AI and disciplined M&A.
Progress Software Annual report: Q4 2025
Progress Software has published its Q4 2025 annual report on January 20, 2026.
Progress Software Earnings release: Q4 2025
Progress Software released its Q4 2025 earnings on January 20, 2026, summarizing the period's financial results.
Progress Software Slides: Q4 2025
Progress Software has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on January 20, 2026.
Progress Software Reports Fiscal Fourth Quarter 2025 and Full Year Results
BURLINGTON, Mass., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index, today announced its financial results for the fiscal fourth quarter and full ...
Progress Software to Report Fourth Quarter 2025 and Full Year Financial Results on January 20, 2026
BURLINGTON, Mass., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will r...