Progress Software Corp
NASDAQ:PRGS

Watchlist Manager
Progress Software Corp Logo
Progress Software Corp
NASDAQ:PRGS
Watchlist
Price: 61.02 USD -0.55%
Market Cap: 2.6B USD
Section:
Wall Street Price Targets
Wall Street Price Targets
Revenue Forecast
Operating Income Forecast
Net Income Forecast
See Also
Price Target
Loading...
Revenue
Loading...
Operating Income
Loading...
Net Income
Loading...

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
1% Downside
PRGS Average Forecast
Wall Street Target
74.29 USD
22% Upside
PRGS Highest Forecast
Wall Street Target
87.15 USD
43% Upside
Lowest
Price Target
60.6 USD
1% Downside
Average
Price Target
74.29 USD
22% Upside
Highest
Price Target
87.15 USD
43% Upside
Progress Software Corp Competitors:
Price Targets
QIS
Quorum Information Technologies Inc
15% Upside
C
CRAYN
Crayon Group Holding ASA
4% Upside
QLYS
Qualys Inc
5% Upside
QOR
Qoria Ltd
49% Upside
QIS
Quorum Information Technologies Inc
15% Upside
C
CRAYN
Crayon Group Holding ASA
4% Upside
QLYS
Qualys Inc
5% Upside
QOR
Qoria Ltd
49% Upside
RBRK
Rubrik Inc
15% Downside
I
IVU
IVU Traffic Technologies AG
21% Upside
300768
Hangzhou DPtech Technologies Co Ltd
28% Upside
EXL
Exasol AG
58% 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%.

Back to Top
ALPHA SPREAD
Follow us
Join more than 258,000+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.