Progress Software Corp
NASDAQ:PRGS

Watchlist Manager
Progress Software Corp Logo
Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 43.99 USD -1.39% Market Closed
Market Cap: $1.8B

Wall St 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 54.82 USD with a low forecast of 40.4 USD and a high forecast of 87.15 USD.

Lowest Forecast
Price Target
40.4 USD
8% Downside
Average Forecast
Price Target
54.82 USD
25% Upside
Highest Forecast
Price Target
87.15 USD
98% Upside
Progress Software Corp Competitors:
Price Targets
PATH
UiPath Inc
-12% Downside

Revenue
Forecast

9% / Year
Past Growth
1% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
9% / Year
Past Growth
1% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 8 years is 1%.

Gross Profit
Forecast

8% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss
8% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 8%. The projected CAGR for the next 2 years is 6%.

Operating Income
Forecast

7% / Year
Past Growth
33% / Year
Estimated Growth
Estimates Accuracy
-46%
Average Miss
7% / Year
Past Growth
33% / Year
Estimated Growth
Estimates Accuracy
-46%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been 7%. The projected CAGR for the next 3 years is 33%.

Pre-Tax Income
Forecast

1% / Year
Past Growth
62% / Year
Estimated Growth
Estimates Accuracy
-55%
Average Miss
1% / Year
Past Growth
62% / Year
Estimated Growth
Estimates Accuracy
-55%
Average Miss

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 1%. The projected CAGR for the next 3 years is 62%.

Net Income
Forecast

3% / Year
Past Growth
56% / Year
Estimated Growth
Estimates Accuracy
-55%
Average Miss
3% / Year
Past Growth
56% / Year
Estimated Growth
Estimates Accuracy
-55%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 3%. The projected CAGR for the next 3 years is 56%.

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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for PRGS is 54.82 USD with a low forecast of 40.4 USD and a high forecast of 87.15 USD.

What is the Revenue forecast for Progress Software Corp?
Projected CAGR
1%

Over the last 13 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 8 years is 1%.

What is the Gross Profit forecast for Progress Software Corp?
Projected CAGR
6%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 8%. The projected CAGR for the next 2 years is 6%.

What is the Operating Income forecast for Progress Software Corp?
Projected CAGR
33%

Over the last 13 years, the compound annual growth rate for Operating Income has been 7%. The projected CAGR for the next 3 years is 33%.

What is the Pre-Tax Income forecast for Progress Software Corp?
Projected CAGR
62%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 1%. The projected CAGR for the next 3 years is 62%.

What is the Net Income forecast for Progress Software Corp?
Projected CAGR
56%

Over the last 13 years, the compound annual growth rate for Net Income has been 3%. The projected CAGR for the next 3 years is 56%.

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