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PRGS:NASDAQ
Progress Software Corp
$39.21
+1.21%
(+0.47) 1D
$39.21
0.00% (0.00)
After hours
Closed: Jul 7, 4:00:00 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for PRGS...
Open
$39.50
High
$40.00
Low
$38.60
Mkt. cap
1.61B
Avg. vol.
895.00K
Volume
0.00
P/E ratio
18.94
52-wk high
$53.71
52-wk low
$24.16
EPS
$2.07
Beta
0.82
Shares outstanding
41.01M
No. of employees
3K
Open
$39.50
High
$40.00
Low
$38.60
Mkt. cap
1.61B
Avg. vol.
895.00K
Volume
0.00
P/E ratio
18.94
52-wk high
$53.71
52-wk low
$24.16
EPS
$2.07
Beta
0.82
Shares outstanding
41.01M
No. of employees
3K
News stories
From sources across the web
Profile
Progress Software Corporation is an American public company that produces software for creating and deploying business applications. Founded in Burlington, Massachusetts, with offices in 16 countries, the company posted revenues of $753 million in 2024. Wikipedia
About Progress Software Corp
CEOYogesh Gupta
Employees2.8K
Founded1981
HeadquartersBedford, Massachusetts, United States
SectorSoftware
Analyst ratings
Based on 5 analysts giving stock ratings to PRGS in the past 3 months
Strong buy
Buy
4
Hold
1
Sell
0
12-month forecast
Based on 5 Wall Street analysts offering 12 month price targets for PRGS in the last 3 months.
Highest
Current $39.21
$83.00 (+111.68%)
Average
$54.75 (+39.63%)
Lowest
$40.00 (+2.01%)
Analyst
Recommendation
Action
Price target
Projected
Date
Fatima Boolani
Citi
Buy
Reiterated
$46.00
+17.3%
07/06/2026
Brent Thill
Jefferies
Hold
Maintained
$40.00
+2%
07/03/2026
John Difucci
Guggenheim
Buy
Maintained
$83.00
+111.7%
07/01/2026
Lucky Schreiner
D.A. Davidson
Buy
Reiterated
-
-
07/01/2026
Ittai Kidron
Oppenheimer
Buy
Maintained
$50.00
+27.5%
07/01/2026
Daniel Ives
Wedbush
Buy
Maintained
$45.00
+14.8%
03/31/2026
Last report
Jun 30, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$1.62 / $1.49
+8.76%beat
Revenue / Est. (USD)
253.46M / 242.74M
+4.42%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Aug 2025
Nov 2025
Feb 2026
May 2026
Revenue
249.80M
252.67M
247.80M
253.46M
Cost of goods sold
36.75M
37.04M
35.11M
35.93M
Cost of revenue
36.75M
37.04M
35.11M
35.93M
Research and development expenses
49.43M
49.89M
50.47M
48.84M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
80.16M
86.84M
78.50M
86.58M
Operating expense
166.79M
172.19M
163.34M
170.52M
Total operating expenses
203.54M
209.23M
198.46M
206.46M
Operating income
46.25M
43.44M
49.34M
47.01M
Other non operating income
-
-
-
-3.67M
EBT including unusual items
26.21M
22.26M
30.29M
28.84M
EBT excluding unusual items
28.59M
27.32M
33.17M
26.98M
Income tax expense
6.79M
-3.49M
7.48M
7.77M
Effective tax rate
25.92%
-15.68%
24.69%
26.93%
Other operating expenses
-
-
-
-
Net income
19.41M
25.74M
22.81M
21.07M
Net profit margin
7.77%
10.19%
9.21%
8.31%
Earnings per share
1.50
1.51
1.60
1.62
Interest and investment income
260.00K
718.00K
317.00K
233.00K
Interest expense
-17.74M
-16.55M
-15.25M
-15.91M
Net interest expenses
-17.48M
-15.83M
-14.93M
-15.68M
Depreciation and amortization charges
-
-
-
-
EBITDA
85.34M
79.32M
85.21M
83.88M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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