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PRGS

Progress Software (PRGS) Stock Forecast & Price Target

Progress Software (PRGS) Analyst Ratings

Based on 5 analyst ratings
Buy
Strong Buy 40%
Buy 40%
Hold 20%
Sell 0%
Strong Sell 0%

Bulls say

Progress Software is well-positioned to accelerate pipeline conversion, with a strong product portfolio and investments in AI driving revenue growth and expanding margins. With a stable demand across its portfolio and a focus on expense discipline, the company expects to generate strong cash flow and potentially pursue strategic acquisitions. While the market remains uncertain, Progress Software's stable business and attractive valuation make it a strong investment opportunity.

Bears say

Progress Software is heavily reliant on one product, OpenEdge, which poses a major concentration risk that could negatively impact revenue and margins if there is significant churn in the customer base or if key partners decide to move off the platform. The company's strategy of growth through acquisitions also makes it highly sensitive to changes in interest rates, and any unsuccessful acquisition could have significant negative effects on revenue and margins. Moreover, the company faces strong competition in the infrastructure software market and may struggle to secure attractive acquisitions at lower multiples. Finally, while the company has provided conservative guidance for FY26, its success in expanding its pipeline and utilizing AI capabilities to drive ARR growth remains to be seen.

Progress Software (PRGS) has been analyzed by 5 analysts, with a consensus rating of Buy. 40% of analysts recommend a Strong Buy, 40% recommend Buy, 20% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Progress Software and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Progress Software (PRGS) Forecast

Analysts have given Progress Software (PRGS) a Buy based on their latest research and market trends.

According to 5 analysts, Progress Software (PRGS) has a Buy consensus rating as of May 20, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $46.40, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $46.40, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Progress Software (PRGS)


Order type

Buy in

Order amount

Est. shares

0 shares

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