Progress Software Corp
NASDAQ:PRGS

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Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 42.989 USD 0% Market Closed
Market Cap: $1.8B

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 66.81 USD with a low forecast of 45.45 USD and a high forecast of 87.15 USD.

Lowest
Price Target
45.45 USD
6% Upside
Average
Price Target
66.81 USD
55% Upside
Highest
Price Target
87.15 USD
103% Upside
Progress Software Corp Competitors:
Price Targets
VEXT
Vext Science Inc
46% Upside
1V0
A-Living Smart City Services Co Ltd
19% 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
33% / Year
Estimated Growth
Estimates Accuracy
-46%
Average Miss
3% / Year
Past Growth
33% / 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 33%.

Net Income
Forecast

1% / Year
Past Growth
55% / Year
Estimated Growth
Estimates Accuracy
-52%
Average Miss
1% / Year
Past Growth
55% / Year
Estimated Growth
Estimates Accuracy
-52%
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 55%.

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
66.81 USD

According to Wall Street analysts, the average 1-year price target for PRGS is 66.81 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
33%

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 33%.

What is Progress Software Corp's Net Income forecast?
Projected CAGR
55%

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 55%.

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