Progress Software Corp
NASDAQ:PRGS
Wall Street
Price Targets
PRGS Price Targets Summary
Progress Software Corp
According to Wall Street analysts, the average 1-year price target for PRGS is 64.94 USD with a low forecast of 60.6 USD and a high forecast of 70.35 USD.
PRGS Last Price Targets
Progress Software Corp
The latest public price target was made on Mar 27, 2024 by Lucky Schreiner from D.A. Davidson , who expects PRGS stock to rise by 28% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.
Analyst | Price Target | Date | Article |
---|---|---|---|
Lucky Schreiner
D.A. Davidson
|
65
USD
Upside 28% |
1 month ago
Mar 27, 2024
|
DA Davidson Starts Progress Software (PRGS) at Buy
StreetInsider
|
Ittai Kidron
Oppenheimer
|
66
USD
Upside 30% |
1 month ago
Mar 25, 2024
|
Progress Software Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga
|
Raymond McDonough
Guggenheim
|
64
USD
Upside 26% |
1 year ago
Mar 29, 2023
|
Progress Software Gets Price Target Bumps By Analysts Following Strong Q1 Results
Benzinga
|
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 19%. The projected CAGR for the next 3 years is 35%.
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
64.94
USD
According to Wall Street analysts, the average 1-year price target for PRGS is 64.94 USD with a low forecast of 60.6 USD and a high forecast of 70.35 USD.
What is Progress Software Corp's Revenue forecast?
Projected CAGR
5%
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 5%.
What is Progress Software Corp's Operating Income forecast?
Projected CAGR
35%
For the last 8 years the compound annual growth rate for Progress Software Corp's operating income is 19%. The projected CAGR for the next 3 years is 35%.
What is Progress Software Corp's Net Income forecast?
Projected CAGR
50%
The compound annual growth rate of Progress Software Corp's net income for the next 3 years is 50%.