
PROGRESS SOFTWARE CORP
PRGSNASDAQTrading Snapshot
- Day Range
- $42.47 โ $43.76
- 52-Week Range
- $23.82 โ $47.37
- Volume
- $2.84B
- Avg Volume
- $2.77B
- Shares Outstanding
- 41.0M
- Next Earnings
- Sep 13, 2026
Fundamentals Snapshot
- Annual Revenue
- $978M
- Last Q Revenue
- $253M
- P/E Ratio
- 19.7
- P/S Ratio
- 1.7x
- EPS (TTM)
- $2.07
- Dividend Yield
- 0.03%
Why Investors Own PRGS
- โHigh-growth profile โ revenue up +40.6% YoY with expanding US Equity exposure.
- โHealthy economics โ 37% gross margin and 27% free-cash-flow margin.
- โNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About PROGRESS SOFTWARE CORP
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.
Otter Score Breakdown
โAnalyst Ratings
โLatest News & Updates

Progress Software Corporation (PRGS) Domo, Inc. - M&A Call - Slideshow
2026-07-23. The following slide deck was published by Progress Software Corporation in conjunction with this event.
DA Davidson Maintains Buy on Progress Software, Raises Price Target to $45
DA Davidson analyst Lucky Schreiner maintains Progress Software (NASDAQ:PRGS) with a Buy and raises the price target from $40 to $45.

Why ServiceNow Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket
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Why Is Domo (DOMO) Stock Rallying Over 23% After Hours Today?
Domo stock surged after agreeing to sell substantially all assets to Progress Software for $400 million.

Progress Software Corporation (PRGS) M&A Call Transcript
Progress Software Corporation (PRGS) M&A Call July 22, 2026 5:00 PM EDTCompany ParticipantsMichael Micciche - Senior Vice President of Investor...
Progress Software Agrees To Acquire Domo For $400M
Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its