Wall St Price Targets

PRGS Price Forecast
Based on 9 analysts

+20% Upside
from $45.09 today

Progress Software Corp (PRGS)’s 12-month stock price forecast through October 2027 has a consensus target of $54.06, implying 20% upside. The forecast is based on price targets from 9 Wall Street analysts.

PRGS Analyst Rating
Based on 5 analysts

avg. 4.6 of 5
Strong buy
4 80%
Buy
0 0%
Hold
1 20%
Sell
0 0%
Strong sell
0 0%

Analysts rate PRGS Strong buy, with 4 of 5 recommending Buy or Strong buy.

Progress Software Corp Competitors:
Price Targets

Financial Estimates

Past growth per year

Average annual growth cannot be calculated for these periods.

Explore analyst estimates, growth and forecast ranges.

Reported Lowest–highest estimate

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
54.06 USD

According to Wall Street analysts, the average 1-year price target for PRGS is 54.06 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
9%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 8%. The projected CAGR for the next 3 years is 9%.

What is the Operating Income forecast for Progress Software Corp?
Projected CAGR
44%

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 44%.

What is the Pre-Tax Income forecast for Progress Software Corp?
Projected CAGR
74%

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 74%.

What is the Net Income forecast for Progress Software Corp?
Projected CAGR
68%

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 68%.

Back to Top