WallStSmart
PRGS

Progress Software Corporation

NASDAQ: PRGS · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$28.37
-0.60% today

Updated 2026-06-05

Market cap
$1.32B
P/E ratio
16.14
P/S ratio
1.34x
EPS (TTM)
$1.95
Dividend yield
52W range
$24 – $66
Volume
0.9M

Progress Software Corporation (PRGS) Financial Forecast & Price Target 2030

Revenue-driven projection model with historical context.

Price target summary

Current price
$28.37
12-Month target
$34.91
2030 Target
Intrinsic (DCF)
$53.14

Financial forecast

Metric20212022202320242025
Revenue$0.5B$0.6B$0.7B$0.8B$1.0B
EPS
CAGR applied: (capped 20%) · P/E: 16.14x (capped 25x) · Margin: 8.61%

Methodology

CAGR-based projection model. Research-backed estimates are being generated — check back soon for analyst consensus and management guidance.