Skip to main
PRGS
PRGS logo

Progress Software (PRGS) Stock Forecast & Price Target

Progress Software (PRGS) Analyst Ratings

Based on 5 analyst ratings
Buy
Strong Buy 60%
Buy 20%
Hold 20%
Sell 0%
Strong Sell 0%

Bulls say

Progress Software Corporation demonstrates a robust financial position, evidenced by a net revenue retention (NRR) rate sustained at 100%, which indicates effective customer expansion due to significant product enhancements. The company reported a sequential addition of $11 million to its annual recurring revenue (ARR), totaling $849 million, reflecting a strong year-over-year growth rate of 47% in constant currency and 3% on a pro forma basis. This growth trajectory is further supported by favorable demand dynamics as clients increasingly seek to adopt AI capabilities and simplify their IT environments, contributing to the overall strength of Progress's business performance.

Bears say

Progress Software Corporation is currently experiencing a decline in its organic growth potential, as indicated by its valuation metrics, specifically trading at approximately 8 times its projected earnings per share for the calendar year 2026. This valuation, although attractive compared to some peers, suggests persistent challenges in revenue generation and market competitiveness. Additionally, the company's reliance on a limited range of software products and geographic markets may hinder its ability to capitalize on emerging opportunities in the rapidly evolving technology landscape.

Progress Software (PRGS) has been analyzed by 5 analysts, with a consensus rating of Buy. 60% of analysts recommend a Strong Buy, 20% 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.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

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 Dec 17, 2025. 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 $68, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $68, 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

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.