Progress Software Corporation (PRGS)
Builds software that helps companies automate work, manage data, and secure file transfers.
$40.49+0.05%Technology
StockGlow Score
Bullish
BearishBullish
1 year ago-11.9%
The outlook
Progress Software trades at $40.49 with unanimous Strong Buy coverage from analysts, whose average price target sits about 33% above the current level. The stock is positioned in the upper half of its 52-week range and trades above both its 50- and 200-day moving averages, reflecting sustained upward momentum. At a trailing P/E of 19.7, it carries moderate valuation relative to analyst sentiment.
What’s behind the score
Analyst consensusStrong Buy — 1.0 avg of 5 analysts
Price trendAbove its 50- & 200-day averages
52-week range64% of the way from its 52-week low to high
Price targetAvg target +33% vs current price
Analyst price target
~12-month · 5 analysts$53.80average target+32.9% vs now
Now $40.49
Low $45.00High $83.00
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$1.66B
52-wk high
$49.99
52-wk low
$23.82
50-day avg
$33.59
200-day avg
$37.10
Trailing P/E
19.7