Progress Software Corporation

PRGS | NASDAQ

Price Alert Chart Builder DCF Calculator

$40.39

+$0.28 (+0.70%)

Sep 21, 2026, 2:02 PM ET · Market open

Overview Rating Statistics Financials Earnings Analysts Ownership Profile

+0.70%

(1D)

Rating

Updated: Aug 12, 2026

61.1

Fundamentals Strong

Market Sentiment Bullish

Moat Narrow

Full Analysis

Key Statistics

Market Data

Market Cap $1.66B

1D Range

40.19 40.63

52W Range

23.82 47.37

Valuation (TTM)

PE 19.47

PB 3.25

EV/EBITDA 9.99

Valuation (NTM)

Forward PE 5.96

Forward PEG 10.50

Price Target $52.50

Cash Flow

FCF Yield 18.6%

SBC Adj. FCF Yield 14.2%

SBC Impact -23.7%

Margins

Gross Margin 79.2%

Operating Margin 17.8%

FCF Margin 30.4%

Growth (CAGR)

Revenue 3Y | 5Y 15.5% | 16.1%

Dil EPS 3Y | 5Y 3.8% | 4.7%

FCF 3Y | 5Y 21.9% | 12.9%

Returns

ROA 3.8%

ROE 18.2%

ROIC 7.8%

Financial Health

Net Debt

$1.19B

Current Ratio 0.81

Interest Coverage 2.73

Dividends

Div Yield N/A

Payout Ratio N/A

FCF Payout Ratio N/A

All Key Statistics

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Profile

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 su...

Sector Technology

Industry Software - Infrastructure

Employees 2,801

IPO Date Jul 29, 1991

Website www.progress.com

Fiscal Year December - November

Full Company Profile

Latest News

5 days ago · globenewswire.com

Progress Software to Report Third Quarter 2026 Financial Results on September 30, 2026

BURLINGTON, Mass., Sept. 16, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and an AI infrastructure software leader, today announced that it will release financial results for its fiscal third quarter of 2026 after the market close on Wednesday, September 30, 2026.

12 days ago · globenewswire.com

Progress Data Platform Summit 2026 Brings Together Data and AI Leaders

Experts from Amazon, Microsoft, Moody's, Boeing, Boston Consulting Group and other organizations will share strategies for turning enterprise information into action BURLINGTON, Mass., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the speaker lineup for the Progress Data Platform Summit 2026, taking place September 14-16 at the Hyatt Regency Reston in Reston, Virginia.

1 month ago · zacks.com

PRGS or MSFT: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Computer - Software sector might want to consider either Progress Software (PRGS) or Microsoft (MSFT). But which of these two companies is the best option for those looking for undervalued stocks?

1 month ago · zacks.com

Should Value Investors Buy Progress Software (PRGS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

1 month ago · globenewswire.com

Progress Software Announces New Telerik and Kendo UI Release to Accelerate AI-Powered Development and Agent-Ready Applications

Latest release helps development teams transition from AI-assisted coding to production-ready, agent-driven applications

1 month ago · zacks.com

Progress Software (PRGS) Upgraded to Buy: Here's What You Should Know

Progress Software (PRGS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

1 month ago · globenewswire.com

Progress Software Appoints Bridget Collins as Chief Information Officer

Accomplished technology executive to lead enterprise IT strategy, AI acceleration, cybersecurity and M&A integration BURLINGTON, Mass., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the appointment of Bridget Collins as Chief Information Officer (CIO).

2 months ago · zacks.com

PRGS vs. MSFT: Which Stock Is the Better Value Option?

Investors looking for stocks in the Computer - Software sector might want to consider either Progress Software (PRGS) or Microsoft (MSFT). But which of these two stocks offers value investors a better bang for their buck right now?