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Stock Screener·US·Technology·PRGS
Held by 2 Gurus
Share

Progress Software Corporation Stocks

$ 37.86Last Updated 10.07.2026

Issuer Rating

7/7
Performance

Favourable

Risk

Low

Recommendation

Buy

Market Cap

$ 1.55B

$ 37.86
Key Takeaways

Risk factor

Low price volatility

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Profitability factor

Undervalued vs peers

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Fund

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Latest news

31.03.2026 16:03

Morning in New York: quotes follow the news

22.01.2026 15:23

Morning in New York: macro statistics in focus

30.09.2025 15:11

Morning in New York: the market on the verge of shutdown

Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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About

Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.

Company Valuation

Undervalued
6/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA

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Target Price

Neutral
4/7

The average target price of PRGS is 48.8 and suggests 28.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr

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Risks

  • Default risk
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  • Volatility
    Data is available to registered users only
  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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