PRGS
Progress Software Corporation NASDAQ Listed Jul 30, 1991$29.68
-1.33%
vs $30.08
Mkt Cap $1.3B
52w Low $25.09
11.6% of range
52w High $64.56
50d MA $29.62
200d MA $37.95
P/E (TTM)
17.9x
EV/EBITDA
12.7x
P/B
2.7x
Debt/Equity
1.8x
ROE
17.0%
P/FCF
5.7x
RSI (14)
34.50
ATR (14)
$1.43
Beta
0.76
50d MA
$29.62
200d MA
$37.95
Avg Volume
622.4K
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
15 Wayside Road · Burlington, MA 01803 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 30, 2026 | AMC | 1.57 | 1.60 | +1.9% | 28.27 | +2.4% | -9.3% | -2.2% | +2.7% | +10.2% | +2.2% | — |
| Jan 20, 2026 | AMC | 1.31 | 1.51 | +15.3% | 38.60 | +8.9% | +10.6% | +0.1% | -0.7% | +1.1% | -2.9% | — |
| Sep 29, 2025 | AMC | 1.30 | 1.50 | +15.4% | 42.61 | +0.8% | +3.1% | +2.9% | +2.4% | -0.3% | +1.1% | — |
| Jun 30, 2025 | AMC | 1.30 | 1.40 | +7.7% | 63.84 | -4.7% | -13.0% | -2.9% | +1.0% | -5.3% | +2.3% | — |
| Mar 31, 2025 | AMC | 1.06 | 1.31 | +23.6% | 51.51 | +5.8% | +12.1% | +2.1% | -1.7% | -3.1% | +0.5% | — |
| Jan 21, 2025 | AMC | 1.21 | 1.33 | +9.9% | 63.52 | -4.2% | -9.9% | -5.5% | -2.1% | +2.8% | +2.7% | — |
| Sep 24, 2024 | AMC | 1.14 | 1.26 | +10.5% | 57.15 | +7.0% | +11.8% | +3.0% | +0.7% | +1.6% | -2.3% | — |
| Jun 25, 2024 | AMC | 0.95 | 1.09 | +14.7% | 48.70 | -1.4% | +12.8% | -1.3% | +0.0% | -1.3% | +2.4% | — |
| Mar 26, 2024 | AMC | 1.14 | 1.25 | +9.6% | 52.65 | +0.1% | -0.0% | +1.3% | -1.0% | -1.1% | -1.1% | — |
| Jan 16, 2024 | AMC | 0.91 | 1.02 | +12.1% | 53.61 | +4.5% | +5.5% | +2.3% | +0.1% | +2.4% | +0.7% | — |
| Sep 26, 2023 | AMC | 1.00 | 1.08 | +8.0% | 55.37 | -1.2% | -4.8% | +1.3% | -1.4% | -0.8% | -1.4% | — |
| Jun 29, 2023 | AMC | 0.90 | 1.06 | +17.8% | 54.88 | +2.0% | +5.9% | +1.5% | -3.6% | -0.1% | -0.2% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 1 | Citigroup | Maintains | Buy → Buy | — | $25.65 | $25.85 | +0.8% | -2.2% | +2.7% | +10.2% | +2.2% | -0.9% |
| Mar 31 | Wedbush | Maintains | Outperform → Outperform | — | $28.27 | $28.94 | +2.4% | -9.3% | -2.2% | +2.7% | +10.2% | +2.2% |
| Mar 31 | Jefferies | Maintains | Hold → Hold | — | $28.27 | $28.94 | +2.4% | -9.3% | -2.2% | +2.7% | +10.2% | +2.2% |
| Mar 31 | Oppenheimer | Maintains | Outperform → Outperform | — | $28.27 | $28.94 | +2.4% | -9.3% | -2.2% | +2.7% | +10.2% | +2.2% |
| Mar 25 | DA Davidson | Maintains | Buy → Buy | — | $28.76 | $28.91 | +0.5% | -5.0% | +6.7% | -5.1% | +2.2% | -9.3% |
| Feb 4 | DA Davidson | Maintains | Buy → Buy | — | $40.05 | $39.51 | -1.3% | +1.7% | +1.7% | +3.8% | -0.2% | +2.9% |
| Jan 22 | Citigroup | Maintains | Buy → Buy | — | $42.70 | $42.95 | +0.6% | +0.1% | -0.7% | +1.1% | -2.9% | -0.6% |
| Jan 22 | Wedbush | Maintains | Outperform → Outperform | — | $42.70 | $42.95 | +0.6% | +0.1% | -0.7% | +1.1% | -2.9% | -0.6% |
| Jan 16 | Citigroup | Maintains | Buy → Buy | — | $40.92 | $40.80 | -0.3% | -2.0% | -3.7% | +10.6% | +0.1% | -0.7% |
| Jan 15 | DA Davidson | Maintains | Buy → Buy | — | $41.42 | $41.42 | +0.0% | -1.2% | -2.0% | -3.7% | +10.6% | +0.1% |
| Jan 5 | Jefferies | Maintains | Hold → Hold | — | $41.07 | $40.70 | -0.9% | -0.9% | +2.0% | +3.2% | -1.8% | +0.7% |
| Oct 13 | Citigroup | Upgrade | Neutral → Buy | — | $44.65 | $46.06 | +3.2% | +5.0% | -1.2% | -1.0% | -2.1% | +0.6% |
| Sep 30 | Jefferies | Maintains | Hold → Hold | — | $42.61 | $42.95 | +0.8% | +3.1% | +2.9% | +2.4% | -0.3% | +1.1% |
| Sep 30 | DA Davidson | Maintains | Buy → Buy | — | $42.61 | $42.95 | +0.8% | +3.1% | +2.9% | +2.4% | -0.3% | +1.1% |
| Jul 15 | Citigroup | Maintains | Neutral → Neutral | — | $48.80 | $48.76 | -0.1% | -2.3% | +1.8% | +0.4% | -2.6% | +0.7% |
| Jul 1 | Wedbush | Maintains | Outperform → Outperform | — | $63.84 | $60.87 | -4.7% | -13.0% | -2.9% | +1.0% | -5.3% | +2.3% |
| Jul 1 | DA Davidson | Maintains | Buy → Buy | — | $63.84 | $60.87 | -4.7% | -13.0% | -2.9% | +1.0% | -5.3% | +2.3% |
| Apr 14 | DA Davidson | Maintains | Buy → Buy | — | $57.70 | $58.15 | +0.8% | -0.4% | -0.7% | -1.8% | -0.1% | -2.1% |
| Apr 1 | Guggenheim | Maintains | Buy → Buy | — | $51.51 | $54.50 | +5.8% | +12.1% | +2.1% | -1.7% | -3.1% | +0.5% |
| Apr 1 | Wedbush | Maintains | Outperform → Outperform | — | $51.51 | $54.50 | +5.8% | +12.1% | +2.1% | -1.7% | -3.1% | +0.5% |
| Jan 22 | Guggenheim | Maintains | Buy → Buy | — | $63.52 | $60.85 | -4.2% | -9.9% | -5.5% | -2.1% | +2.8% | +2.7% |
| Jan 21 | DA Davidson | Maintains | Buy → Buy | — | $62.94 | $63.42 | +0.8% | +0.9% | -9.9% | -5.5% | -2.1% | +2.8% |
| Jan 17 | Guggenheim | Maintains | Buy → Buy | — | $63.72 | $64.30 | +0.9% | -1.2% | +0.9% | -9.9% | -5.5% | -2.1% |
| Jan 17 | Citigroup | Maintains | Neutral → Neutral | — | $63.72 | $64.30 | +0.9% | -1.2% | +0.9% | -9.9% | -5.5% | -2.1% |
| Jan 6 | Jefferies | Maintains | Hold → Hold | — | $65.26 | $65.31 | +0.1% | -0.4% | -1.3% | -1.3% | -1.8% | -0.2% |
| Oct 22 | Oppenheimer | Maintains | Outperform → Outperform | — | $65.38 | $65.43 | +0.1% | +0.0% | -0.8% | +0.4% | -0.3% | -0.3% |
| Sep 25 | Oppenheimer | Maintains | Outperform → Outperform | — | $57.15 | $61.16 | +7.0% | +11.8% | +3.0% | +0.7% | +1.6% | -2.3% |
| Sep 25 | Guggenheim | Maintains | Buy → Buy | — | $57.15 | $61.16 | +7.0% | +11.8% | +3.0% | +0.7% | +1.6% | -2.3% |
| Sep 25 | DA Davidson | Maintains | Buy → Buy | — | $57.15 | $61.16 | +7.0% | +11.8% | +3.0% | +0.7% | +1.6% | -2.3% |
| Sep 10 | DA Davidson | Maintains | Buy → Buy | — | $56.22 | $56.54 | +0.6% | +2.5% | -0.7% | +0.1% | +1.3% | +0.3% |
| Sep 10 | Wedbush | Maintains | Outperform → Outperform | — | $56.22 | $56.54 | +0.6% | +2.5% | -0.7% | +0.1% | +1.3% | +0.3% |
| Jul 18 | Wedbush | Maintains | Outperform → Outperform | — | $57.02 | $57.07 | +0.1% | -1.0% | -1.6% | +0.9% | -0.0% | +0.2% |
| Jun 26 | DA Davidson | Maintains | Buy → Buy | — | $48.70 | $48.00 | -1.4% | +12.8% | -1.3% | +0.0% | -1.3% | +2.4% |
| Jun 26 | Jefferies | Maintains | Hold → Hold | — | $48.70 | $48.00 | -1.4% | +12.8% | -1.3% | +0.0% | -1.3% | +2.4% |
| Jun 26 | Oppenheimer | Maintains | Outperform → Outperform | — | $48.70 | $48.00 | -1.4% | +12.8% | -1.3% | +0.0% | -1.3% | +2.4% |
| Jun 25 | Guggenheim | Maintains | Buy → Buy | — | $48.98 | $49.16 | +0.4% | -0.6% | +12.8% | -1.3% | +0.0% | -1.3% |
| Mar 27 | JP Morgan | Maintains | Overweight → Overweight | — | $52.65 | $52.72 | +0.1% | -0.0% | +1.3% | -1.0% | -1.1% | -1.1% |
| Mar 27 | Oppenheimer | Maintains | Outperform → Outperform | — | $52.65 | $52.72 | +0.1% | -0.0% | +1.3% | -1.0% | -1.1% | -1.1% |
| Feb 23 | Wedbush | Maintains | Outperform → Outperform | — | $54.80 | $55.06 | +0.5% | +3.1% | -0.7% | -5.2% | -0.9% | +1.3% |
| Sep 28 | Wedbush | Maintains | Outperform → Outperform | — | $52.69 | $52.76 | +0.1% | +1.3% | -1.4% | -0.8% | -1.4% | +0.6% |
| Sep 27 | Wedbush | Maintains | Outperform → Outperform | — | $55.37 | $54.71 | -1.2% | -4.8% | +1.3% | -1.4% | -0.8% | -1.4% |
| Sep 27 | Oppenheimer | Maintains | Outperform → Outperform | — | $55.37 | $54.71 | -1.2% | -4.8% | +1.3% | -1.4% | -0.8% | -1.4% |
| Sep 19 | Wedbush | Maintains | Outperform → Outperform | — | $56.99 | $56.98 | -0.0% | -0.5% | +0.2% | -1.0% | -0.1% | -0.2% |
| Aug 8 | Citigroup | Maintains | Neutral → Neutral | — | $61.46 | $61.20 | -0.4% | -0.2% | -0.2% | -2.0% | -0.5% | +1.1% |
| Jun 30 | Oppenheimer | Maintains | Outperform → Outperform | — | $54.88 | $56.00 | +2.0% | +5.9% | +1.5% | -3.6% | -0.1% | -0.2% |
| Mar 30 | Citigroup | Maintains | Neutral → Neutral | — | $55.77 | $56.24 | +0.8% | +1.6% | +1.4% | -1.9% | -2.2% | -1.3% |
| Mar 29 | JP Morgan | Maintains | Overweight → Overweight | — | $58.65 | $58.00 | -1.1% | -4.9% | +1.6% | +1.4% | -1.9% | -2.2% |
| Mar 29 | Guggenheim | Maintains | Buy → Buy | — | $58.65 | $58.00 | -1.1% | -4.9% | +1.6% | +1.4% | -1.9% | -2.2% |
| Mar 29 | Oppenheimer | Maintains | Outperform → Outperform | — | $58.65 | $58.00 | -1.1% | -4.9% | +1.6% | +1.4% | -1.9% | -2.2% |
| Mar 13 | Guggenheim | Maintains | Buy → Buy | — | $56.20 | $55.71 | -0.9% | +1.5% | +1.9% | -2.0% | +1.3% | -0.3% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 19, 2026 | FOLGER ANTHONYOff | Chief Financial Officer | Sell | 400 | $29.96 | $12K | 48,802 | -0.99% | +2.69% |
| May 19, 2026 | FOLGER ANTHONYOff | Chief Financial Officer | Sell | 4,074 | $29.05 | $118K | 49,202 | -0.99% | +2.69% |
| May 18, 2026 | WANG YUFAN STEPHANIEOff | Chief Legal Officer | Sell | 3,519 | $29.04 | $102K | 2,544 | -0.99% | +2.69% |
| May 18, 2026 | WANG YUFAN STEPHANIEOff | Chief Legal Officer | Sell | 1,500 | $28.44 | $43K | 6,063 | -0.99% | +2.69% |
8-K
Progress Software Corporation -- 8-K Filing
May 11
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
Progress Software disclosed Q1 2026 earnings via press release, indicating management confidence in results; investors should monitor reported metrics for growth trajectory and margin trends.
Mar 30
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 3,430,715 | $88M | New | Mar 2026 |
| 2 | Morgan Stanley | 1,179,750 | $51M | Added | Dec 2025 |
| 3 | Vanguard Capital Management Llc | 1,928,640 | $49M | New | Mar 2026 |
| 4 | Boston Trust Walden Corp | 1,720,324 | $44M | Reduced | Mar 2026 |
| 5 | Arrowstreet Capital, Limited Partnership | 1,221,647 | $31M | Added | Mar 2026 |
| 6 | Victory Capital Management Inc | 947,894 | $24M | Added | Mar 2026 |
| 7 | Heron Bay Capital Management | 915,697 | $23M | Added | Mar 2026 |
| 8 | Systematic Financial Management Lp | 884,790 | $23M | Reduced | Mar 2026 |
| 9 | Diamond Hill Capital Management Inc | 495,346 | $21M | Added | Dec 2025 |
| 10 | Fmr Llc | 611,107 | $16M | Added | Mar 2026 |
| 11 | Rice Hall James & Associates, Llc | 355,909 | $15M | Added | Dec 2025 |
| 12 | Segall Bryant & Hamill, Llc | 570,077 | $15M | New | Mar 2026 |
| 13 | Principal Financial Group Inc | 311,105 | $13M | Reduced | Dec 2025 |
| 14 | Barclays Plc | 518,540 | $13M | Reduced | Mar 2026 |
| 15 | Jane Street Group, Llc | 303,394 | $13M | Added | Dec 2025 |
| 16 | Susquehanna International Group, Llp | 495,819 | $13M | Added | Mar 2026 |
| 17 | Bank Of America Corp /de/ | 486,717 | $12M | Reduced | Mar 2026 |
| 18 | Northern Trust Corp | 446,425 | $11M | Reduced | Mar 2026 |
| 19 | Swedbank Ab | 433,580 | $11M | Reduced | Mar 2026 |
| 20 | Aqr Capital Management Llc | 389,725 | $10M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$1.31B
Enterprise Value
$2.03B
P/E (TTM)
17.88x
Forward P/E
4.96x
PEG Ratio
3.25x
P/B
2.67x
P/S
1.34x
P/FCF
5.69x
EV/EBITDA
12.74x
Shares Out
44.0M
Financials (TTM)
Revenue
$977.8M
Net Income
$73.1M
EBITDA
$159.5M
Free Cash Flow
$229.5M
Op Cash Flow
$235.2M
EPS Basic
$1.70
EPS Diluted
$1.66
EPS Forward
$5.98
Gross Margin
80.8%
Op Margin
15.7%
Net Margin
7.5%
Balance Sheet
Total Assets
$2.46B
Total Liab.
$1.98B
Total Equity
$478.3M
Cash
$94.8M
LT Debt
$821.4M
Book Value/Sh
$11.13
Debt/Equity
1.78x
Current Ratio
0.49
Quick Ratio
0.49
Returns & Growth
ROE
17.0%
ROA
3.5%
ROIC
8.3%
Rev Growth YoY
+29.8%
EPS Growth YoY
+7.6%
Price Returns
2W
+22.5%
1M
+17.9%
3M
-21.6%
6M
-20.7%
12M
-46.7%
Technicals
52W High
$64.56
52W Low
$25.09
50d MA
$29.62
200d MA
$37.95
RSI (14)
34.50
ATR (14)
$1.43
Beta
0.76
Avg Volume
622K
Dividends
Div Rate
$0.02
Div Yield
0.1%
Frequency
4
Ex-Div Date
Aug 30, 2024
Analyst Price Targets
Consensus
$45.00
High
$45.00
Low
$45.00
Median
$45.00
Data updated apr 26, 2026 8:39pm
· Source: financialmodelingprep.com