$ 45.22
Key Takeaways
Risk factor
Negligible price volatility
Profitability factor
Favourable analyst view
About
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application...
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB
Target Price
The average target price of PRGS is 69 and suggests 54% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
