PROGRESS SOFTWARE CORP
PRGSNASDAQTrading Snapshot
- Day Range
- $38.87 – $40.04
- 52-Week Range
- $23.82 – $47.37
- Volume
- $2.84B
- Avg Volume
- $2.77B
- Shares Outstanding
- 41.0M
- Next Earnings
- Nov 1, 2026
Fundamentals Snapshot
- Annual Revenue
- $978M
- Last Q Revenue
- $253M
- P/E Ratio
- 17.4
- P/S Ratio
- 1.5x
- EPS (TTM)
- $2.07
- Dividend Yield
- 0.03%
- Dilution (1yr)
- −2.6%
Why Investors Own PRGS
- ✓High-growth profile — revenue up +40.6% YoY with expanding US Equity exposure.
- ✓Healthy economics — 37% gross margin and 27% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
PROGRESS SOFTWARE CORP
PRGS
StockOtter · stockotter.spaceAbout PROGRESS SOFTWARE CORP
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
Otter Score Breakdown
How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)Analyst Ratings
ⓘLatest News & Updates
PROGRESS SOFTWARE CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift PRGS price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
PROGRESS SOFTWARE CORP announces new agreement to expand its footprint
The move broadens the company’s reach and could add incremental revenue over the next year.