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Progress Software Corp

Open

SectorTechnology

43.1 -0.3

Overview

Share price change

24h

Current

Min

42.26

Max

43.38

Key metrics

By Trading Economics

Income

-1.7M

21M

Sales

5.7M

253M

P/E

Sector Avg

20.806

82.477

EPS

1.22

Profit margin

8.314

Employees

2,801

EBITDA

-34M

47M

Recommendations

By TipRanks

Recommendations

Strong Buy

12 Months Forecast

+26.09% upside

Dividends

By Acuity

Next Earnings

28 Sept 2026

Market Stats

By TradingEconomics

Market Cap

324M

1.8B

Previous open

43.4

Previous close

43.1

News Sentiment

By Acuity

7%

93%

2 / 370 Technology

Progress Software Corp Chart

Past performance is not a reliable indicator of future results.

Related News

19 Aug 2026, 20:06 UTC

Progress Software shares are higher, remaining above their 20-day moving average and near the upper end of their one-month range. No specific news was identified.

13 Aug 2026, 19:11 UTC

Progress Software shares are higher today, with no specific news identified to explain the movement. Initial jobless claims rose, but sentiment remains stable.

12 Aug 2026, 20:06 UTC

News

DA Davidson raised its price target on Progress Software to $55, contributing to the stock's modest increase since Tuesday's close.

11 Aug 2026, 19:36 UTC

Progress Software shares are lower amid broader market sentiment affected by geopolitical tensions and upcoming U.S. inflation reports, despite no specific company news.

7 Aug 2026, 20:06 UTC

Progress Software shares are advancing, reflecting positive market sentiment despite pulling back from an early peak. The stock remains above its 20-day moving average.

6 Aug 2026, 23:01 UTC

Progress Software Corp shares are higher in after-market trading, reaching a high of 2.20% above Thursday's close, with no specific news identified.

5 Aug 2026, 20:21 UTC

Progress Software Corp shares are lower in after-market hours, reversing from an initial uptick after four consecutive higher sessions. No specific news was identified.

4 Aug 2026, 20:07 UTC

Macro Event

Progress Software shares are higher today, supported by positive market sentiment and a decline in crude oil prices. The stock remains above its 20-day moving average.

3 Aug 2026, 20:06 UTC

Macro Event

Progress Software shares are higher today, buoyed by a surprising rise in the ISM Manufacturing PMI to 55.6, exceeding expectations.

31 Jul 2026, 20:02 UTC

Progress Software Corp shares are higher today, driven by a notable rise in the Systems Software sub-sector. No specific company news was identified.

30 Jul 2026, 17:03 UTC

News

Progress Software shares are lower as a report reveals firms lose $60,000 annually due to inefficient client coordination and operational inefficiencies.

29 Jul 2026, 18:55 UTC

Macro Event

Progress Software Corp is trading higher as the Federal Reserve maintains interest rates at 3.50%–3.75%, aligning with market expectations amid geopolitical tensions.

28 Jul 2026, 19:31 UTC

News

Progress Software integrates AI agents into its Sitefinity Generative CMS, enhancing content management workflows. Shares are trading higher since Monday's close.

27 Jul 2026, 19:03 UTC

Progress Software shares are higher today, despite an earlier pullback. Broader market sentiment is influenced by a decline in oil prices ahead of the Fed meeting.

24 Jul 2026, 22:11 UTC

Progress Software shares are higher in after-hours trading, recovering from an earlier session low amid mixed global market conditions. No specific news was identified.

23 Jul 2026, 09:26 UTC

News

Progress Software reaffirms Q3 EPS guidance of $1.53 to $1.59 and plans to acquire Domo for $400 million, boosting shares in pre-market trading.

22 Jul 2026, 21:02 UTC

News

Progress Software will acquire Domo's assets for $400 million, aiming to enhance its AI offerings. Shares are trading lower in after-market hours.

21 Jul 2026, 19:06 UTC

Progress Software Corp shares are trading lower today, reaching a session low shortly after the market opened. No specific news was identified to explain the decline.

20 Jul 2026, 19:56 UTC

Progress Software shares are lower today, continuing a decline since Friday amid broader mixed market performance and ongoing geopolitical tensions affecting sentiment.

Peer Comparison

Price change

Progress Software Corp Forecast

Price Target

By TipRanks

26.09% upside

12 Months Forecast

Average 54.75 USD  26.09%

High 83 USD

Low 40 USD

Based on 5 Wall Street analysts offering 12 month price targets forProgress Software Corp - Dist in the last 3 months.

Rating Consensus

By TipRanks

Strong Buy

5 ratings

4

Buy

1

Hold

0

Sell

Sentiment

By Acuity

2 / 370 Technology

News Sentiment

Very Strong Bullish Evidence

Volatility

Below average

News Volume (RCV)

Below average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Progress Software Corp

Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
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