Risk factor
Negligible price volatility
Profitability factor
Undervalued vs peers
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 undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA
Target Price
The average target price of PRGS is 65 and suggests 54% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell