Progress Software Corp
NASDAQ:PRGS

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Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 63.24 USD 0.24% Market Closed
Market Cap: 2.7B USD
Section:
Wall Street Price Targets
Wall Street Price Targets
Revenue Forecast
Operating Income Forecast
Net Income Forecast
See Also
Price Target
Average
+17%
Revenue
Forecast
+11%
Operating Income
Forecast
+37%
Net Income
Forecast
+58%

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 74.29 USD with a low forecast of 60.6 USD and a high forecast of 87.15 USD.

PRGS Lowest Forecast
Wall Street Target
60.6 USD
4% Downside
PRGS Average Forecast
Wall Street Target
74.29 USD
17% Upside
PRGS Highest Forecast
Wall Street Target
87.15 USD
38% Upside
Lowest
Price Target
60.6 USD
4% Downside
Average
Price Target
74.29 USD
17% Upside
Highest
Price Target
87.15 USD
38% Upside
Progress Software Corp Competitors:
Price Targets
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Douzone Bizon Co Ltd
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C
CRAYN
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ALAR
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D
012510
Douzone Bizon Co Ltd
35% Upside
909
Ming Yuan Cloud Group Holdings Ltd
8% Upside
C
CRAYN
Crayon Group Holding ASA
1% Upside
ALAR
Alarum Technologies Ltd
66% Upside
I
INLX
Intellinetics Inc
50% Upside
B
688201
Beijing Infosec Technologies Co Ltd
9% Upside
VRNS
Varonis Systems Inc
15% Upside
SVCO
Silvaco Group Inc
121% Upside

Revenue
Forecast

Revenue Estimate
Progress Software Corp

For the last 8 years the compound annual growth rate for Progress Software Corp's revenue is 8%. The projected CAGR for the next 3 years is 11%.

8%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-5%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Progress Software Corp

For the last 8 years the compound annual growth rate for Progress Software Corp's operating income is 11%. The projected CAGR for the next 3 years is 37%.

11%
Past Growth
37%
Estimated Growth
Estimates Accuracy
-47%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Progress Software Corp

The compound annual growth rate of Progress Software Corp's net income for the next 3 years is 58%.

N/A
Past Growth
58%
Estimated Growth
Estimates Accuracy
-58%
Average Miss
What are analyst estimates?

See Also

Summary
PRGS intrinsic value, competitors valuation, and company profile.
DCF Valuation
PRGS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PRGS stock valuation using valuation multiples.
Wall Street Estimates
PRGS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PRGS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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
74.29 USD

According to Wall Street analysts, the average 1-year price target for PRGS is 74.29 USD with a low forecast of 60.6 USD and a high forecast of 87.15 USD.

What is Progress Software Corp's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Progress Software Corp's revenue is 8%. The projected CAGR for the next 3 years is 11%.

What is Progress Software Corp's Operating Income forecast?
Projected CAGR
37%

For the last 8 years the compound annual growth rate for Progress Software Corp's operating income is 11%. The projected CAGR for the next 3 years is 37%.

What is Progress Software Corp's Net Income forecast?
Projected CAGR
58%

The compound annual growth rate of Progress Software Corp's net income for the next 3 years is 58%.

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