Progress Software Corp
NASDAQ:PRGS

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Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 42.83 USD
Market Cap: 1.8B USD

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 69.7 USD with a low forecast of 50.5 USD and a high forecast of 87.15 USD.

Lowest
Price Target
50.5 USD
18% Upside
Average
Price Target
69.7 USD
63% Upside
Highest
Price Target
87.15 USD
103% Upside
Progress Software Corp Competitors:
Price Targets
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Newgen Software Technologies Ltd
33% Upside
BB
BlackBerry Ltd
16% Downside
300454
Sangfor Technologies Inc
10% Upside
QIS
Quorum Information Technologies Inc
3% Upside
BSOFT
Birlasoft Ltd
11% Downside
LOIHDE
Loihde Oyj
0% Upside
688561
Qi An Xin Technology Group Inc
14% Upside
DLB
Dolby Laboratories Inc
39% Upside

Revenue
Forecast

Revenue Estimate
Progress Software Corp

For the last 13 years the compound annual growth rate for Progress Software Corp's revenue is 6%. The projected CAGR for the next 4 years is 8%.

6%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-5%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Progress Software Corp

For the last 13 years the compound annual growth rate for Progress Software Corp's operating income is 3%. The projected CAGR for the next 3 years is 36%.

3%
Past Growth
36%
Estimated Growth
Estimates Accuracy
-44%
Average Miss

Net Income
Forecast

Net Income Estimate
Progress Software Corp

For the last 13 years the compound annual growth rate for Progress Software Corp's net income is 1%. The projected CAGR for the next 3 years is 54%.

1%
Past Growth
54%
Estimated Growth
Estimates Accuracy
-49%
Average Miss
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
69.7 USD

According to Wall Street analysts, the average 1-year price target for PRGS is 69.7 USD with a low forecast of 50.5 USD and a high forecast of 87.15 USD.

What is Progress Software Corp's Revenue forecast?
Projected CAGR
8%

For the last 13 years the compound annual growth rate for Progress Software Corp's revenue is 6%. The projected CAGR for the next 4 years is 8%.

What is Progress Software Corp's Operating Income forecast?
Projected CAGR
36%

For the last 13 years the compound annual growth rate for Progress Software Corp's operating income is 3%. The projected CAGR for the next 3 years is 36%.

What is Progress Software Corp's Net Income forecast?
Projected CAGR
54%

For the last 13 years the compound annual growth rate for Progress Software Corp's net income is 1%. The projected CAGR for the next 3 years is 54%.

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