Progress Software Corp
NASDAQ:PRGS

Watchlist Manager
Progress Software Corp Logo
Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 25.76 USD 2.67% Market Closed
Market Cap: $1.1B

Wall Street
Price Targets

PRGS Price Targets Summary
Progress Software Corp

Wall Street analysts forecast PRGS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PRGS is 65.6 USD with a low forecast of 45.45 USD and a high forecast of 87.15 USD.

Lowest
Price Target
45.45 USD
76% Upside
Average
Price Target
65.6 USD
155% Upside
Highest
Price Target
87.15 USD
238% Upside
Progress Software Corp Competitors:
Price Targets
EDELTEQ
Edelteq Holdings Bhd
50% Upside

Revenue
Forecast

8% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
8% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

For the last 14 years the compound annual growth rate for Progress Software Corp's revenue is 8%. The projected CAGR for the next 3 years is 2%.

Operating Income
Forecast

3% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-46%
Average Miss
3% / Year
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-46%
Average Miss

For the last 14 years the compound annual growth rate for Progress Software Corp's operating income is 3%. The projected CAGR for the next 3 years is 28%.

Net Income
Forecast

1% / Year
Past Growth
54% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss
1% / Year
Past Growth
54% / Year
Estimated Growth
Estimates Accuracy
-51%
Average Miss

For the last 14 years the compound annual growth rate for Progress Software Corp's net income is 1%. The projected CAGR for the next 3 years is 54%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PRGS's stock price target?
Price Target
65.6 USD

According to Wall Street analysts, the average 1-year price target for PRGS is 65.6 USD with a low forecast of 45.45 USD and a high forecast of 87.15 USD.

What is Progress Software Corp's Revenue forecast?
Projected CAGR
2%

For the last 14 years the compound annual growth rate for Progress Software Corp's revenue is 8%. The projected CAGR for the next 3 years is 2%.

What is Progress Software Corp's Operating Income forecast?
Projected CAGR
28%

For the last 14 years the compound annual growth rate for Progress Software Corp's operating income is 3%. The projected CAGR for the next 3 years is 28%.

What is Progress Software Corp's Net Income forecast?
Projected CAGR
54%

For the last 14 years the compound annual growth rate for Progress Software Corp's net income is 1%. The projected CAGR for the next 3 years is 54%.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett