PRGS
Progress Software Corporation
NASDAQ: PRGS · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$27.85
+2.16% today
Updated 2026-04-30
Market cap
$1.17B
P/E ratio
14.24
P/S ratio
1.18x
EPS (TTM)
$1.95
Dividend yield
—
52W range
$24 – $66
Volume
1.2M
WallStSmart proprietary scores
68
out of 100
Grade: B
Buy
Investment rating
7.3
Growth
B+3.5
Quality
D7.0
Profitability
B+8.7
Valuation
A5/9
Piotroski F-Score
Moderate
0.6
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →206 stocks currently score above 75
Price targets
Analyst target
$50.83
+82.51%
12-Month target
$34.91
+25.35%
Intrinsic (DCF)
$70.19
Margin of safety
+41.66%
0 Strong Buy5 Buy1 Hold0 Sell0 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Free cash flow $95.92M — positive
+ 41.66% below intrinsic value
Risks
- Altman Z 0.62 — distress zone
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $602.01M | $694.44M | $753.41M | $977.83M | $987.62M |
| Net income | $95.07M | $70.20M | $68.44M | $73.13M | $22.81M |
| EPS | — | — | — | — | $1.95 |
| Free cash flow | $186.07M | $168.35M | $206.29M | $229.49M | $95.92M |
| Profit margin | 15.79% | 10.11% | 9.08% | 7.48% | 8.61% |
Peer comparison
Smart narrative
Progress Software Corporation trades at $27.85. representing a P/E of 14.24x trailing earnings. Our Smart Value Score of 68/100 indicates the stock is good. The company scores 5/9 on the Piotroski F-Score. With an Altman Z-Score of 0.62, it sits in the distress. TTM revenue stands at $987.62M. with profit margins at 8.61%. Our DCF model estimates intrinsic value at $70.19.
Frequently asked questions
What is Progress Software Corporation's stock price?
Progress Software Corporation (PRGS) trades at $27.85.
Is Progress Software Corporation overvalued?
Smart Value Score 68/100 (Grade B, Buy). DCF value $70.19.
What is the price target of Progress Software Corporation (PRGS)?
The analyst target price is $50.83, representing +82.5% upside from the current price of $27.85.
What is the intrinsic value of Progress Software Corporation (PRGS)?
Based on our DCF model, intrinsic value is $70.19, a +41.7% margin of safety versus $27.85.
What is Progress Software Corporation's revenue?
TTM revenue is $987.62M.
Piotroski F-Score?
5/9 — moderate financial health.
Altman Z-Score?
0.62 — distress.
Company info
SectorTECHNOLOGY
IndustrySOFTWARE - INFRASTRUCTURE
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio1.18x
ROE18.30%
Beta0.76
50D MA$32.64
200D MA$40.95
Shares out0.04B
Float0.04B
Short ratio—
Avg volume1.2M
Performance
1 week—
1 month—
3 months—
YTD—
1 year—
3 years—
5 years—