Progress Software Corp PRGS Price Prediction & Forecast

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Forecast

PRGS Stock Price Prediction

Progress Software Corp

$29.87

1.7%

$0.5

At close: May 08, 16:00:00 GMT-4

$30

0.43%

$0.12

Post-market: May 08, 20:00:00 GMT-4

Overview Forecast Earnings Dividends Financials

Key Stats

Prev.Close

$29.37

Open

$29.08

Day's Range

$28.19 - $30

52 week range

$23.82 - $65.5

Volume

380.1K

Avg.Volume

1.0M

Dividend yield

0.06%

EPS (TTM)

1.96

Market Cap

$1.2B

What is PRGS?

Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,815 full-time employees. The firm provides software that enables organizations to develop and deploy their applications, as well as manage their data platforms, cloud and information technology infrastructure. Its global professional services organization delivers business solutions for customers through a combination of products, consulting and education. The firm's consulting organization offers project management, implementation services, custom software development, programming and other services. Its services include application modernization, infrastructure automation, development operations, data management and managed database services, performance enhancements and tuning, and analytics/business intelligence. Its products include OpenEdge, Chef, Kemp LoadMaster, MOVEit, DataDirect, MarkLogic and Semaphore. Semaphore is a semantic artificial intelligence platform.

Features

Markets

News

According to analyst forecasts, we anticipate notable price fluctuations for PRGS in the upcoming periods. Looking toward the future, our 2027 projection indicates an average price target of $52.78. The lowest target is $34.34 and the highest is $87.15. Empower your investment choices with our cutting-edge, data-driven analysis!

PRGS Stock Price Prediction Summary

Top Analyst Ratings for PRGS

Based on 12 analysts giving stock ratings to PRGS, updated on Sep 01, 2025

Buy

Strong buy

Buy

Hold

Sell

Strong sell

Leveraging in-depth analyst evaluations, we have synthesized key insights from expert assessments to present a positive outlook for PRGS. Analysts highlight solid fundamentals and favorable market sentiment, suggesting upside potential in the near term. Based on this thorough expert analysis, we maintain an optimistic view of this stock. Our conclusion: PRGS is a Buy candidate.

PRGS stock price ended at $29.37 on Thursday, after rising 4.22%

On the latest trading day May 07, 2026, the stock price of PRGS rose by 4.22%, climbing from $28.38 to $29.37. During the session, the stock saw a volatility of 5.99%, with prices oscillating between a daily low of $28.20 and a high of $29.89. Notably, trading volume dropped by 195.8K shares on the last day despite the price increase, which may signal a potential uptick in risk in the near term. A total of 680.5K shares were traded, equating to a market value of approximately $1.2B.

PRGS Technical Signals

Technical Signals Summary

Buy Signals 3

Neutral Signals 2

Sell Signals 2

Strong Sell

Sell

Neutral

Buy

Strong Buy

PRGS currently exhibits 3 buy signals and 2 sell signals. The stock has been in an uptrend since 12:00 AM, with a total price change of 4.22% during this period. Overall, the technical indicators point to a Buy outlook for the mid-term.

Bullish/Bearish Signals for PRGS

Our algorithms analyze key indicators like moving averages, RSI, MACD, and trading volume to generate bullish and bearish signals for PRGS. These insights help you make informed investment decisions.

Follow-Up Questions

How do technical analysis indicators apply to PRGS?

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According to technical analysis, Progress Software Corp has an aggregate signal of Buy. Progress Software Corp has 3 Buy signals, 2 Neutral Signals and 2 sell signals.

What are the Fibonacci retracement levels for PRGS?

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The Fibonacci retracement level for Progress Software Corp is between 0% and 23.6%

What is the RSI for Progress Software Corp?

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The RSI for Progress Software Corp is currently 56.80, indicating a neutral condition

What is Progress Software Corp price for the next 12 months?

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Progress Software Corp PRGS price for the next 12 months is estimated at $52.78.

How high is Progress Software Corp expected to go?

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According to wall street analysts, Progress Software Corp is expected to reach a high forecast of $87.15.

Progress Software Corp (PRGS) Stock Price Prediction

PRGS Stock Price Chart