← ANALYST RATINGS · TIPRANKS
Progress Software (PRGS): analyst forecast and price target
Analyst consensus
Moderate Buy1 Buy0 Hold0 Sell
Ratings of 1 analysts in the last 3 months · top analysts only12-month forecast
Based on 1 price targets given in the last 3 months, the average target is $50.00, the highest $50.00, the lowest $50.00. The average is +22.4% from the last price of $40.84.
Analyst ratings 8
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $44.00 → $43.00−2.3% | Hold | +5.3% | Reiterated | 17.10.26on TipRanks 14:05 | — | |
| AI xAi Software - InfrastructurexAI Grok-4 | TipRanks - xAI | $39.00 → $43.00+10.3% | Hold | +5.3% | Reiterated | 16.10.26on TipRanks 08:05 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $39.00 → $44.00+12.8% | Hold | +7.7% | Reiterated | 16.10.26on TipRanks 08:05 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $38.00 → $43.00+13.2% | Hold | +5.3% | Reiterated | 16.10.26on TipRanks 08:05 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $39.00 → $44.00+12.8% | Hold | +7.7% | Reiterated | 16.10.26on TipRanks 08:05 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $41.00 → $46.00+12.2% | Buy | +12.6% | Reiterated | 16.10.26on TipRanks 08:05 | — | |
| AI PerPlexity Software - InfrastructurePerPlexity SonarPro | TipRanks - PerPlexity | $40.00 → $44.00+10.0% | Hold | +7.7% | Reiterated | 16.10.26on TipRanks 08:05 | — | |
| Daniel Ives★★★★★★★★★★#345 · hits 58% · avg +18.2% | Wedbush | $48.00 | Buy | +17.5% | Initiated | 06.10.26on TipRanks Oct 7 08:45 | −0.6%next day +0.3% · 5 days +6.1% | ↗ |
| AI xAi Software - InfrastructurexAI Grok-4 | TipRanks - xAI | $44.00 → $39.00−11.4% | Hold | −4.5% | Reiterated | 02.10.26on TipRanks 10:05 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $42.00 → $39.00−7.1% | Hold | −4.5% | Reiterated | 02.10.26on TipRanks 10:05 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $42.00 → $38.00−9.5% | Hold | −7.0% | Reiterated | 02.10.26on TipRanks 10:05 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $41.00 → $39.00−4.9% | Hold | −4.5% | Reiterated | 02.10.26on TipRanks 10:05 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $45.00 → $41.00−8.9% | Buy | +0.4% | Reiterated | 02.10.26on TipRanks 10:05 | — | |
| AI PerPlexity Software - InfrastructurePerPlexity SonarPro | TipRanks - PerPlexity | $45.00 → $40.00−11.1% | Hold | −2.1% | Reiterated | 02.10.26on TipRanks 10:05 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $43.00 | Hold | +5.3% | Reiterated | 01.10.26on TipRanks 10:05 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $43.00 | Hold | +5.3% | Reiterated | 01.10.26on TipRanks 10:05 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $42.00 → $43.00+2.4% | Hold | +5.3% | Reiterated | 01.10.26on TipRanks 10:05 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $46.00 → $45.00−2.2% | Buy | +10.2% | Reiterated | 01.10.26on TipRanks 10:05 | — | |
| Lucky Schreiner★★★★★★★★★★#11627 · hits 33% · avg −10.6% | D.A. Davidson | $55.00 | Buy | +34.7% | Reiterated | 01.10.26on TipRanks 08:10 | −8.7%next day +0.1% · 5 days +3.3% | ↗ |
| Ittai Kidron★★★★★★★★★★#866 · hits 55% · avg +9.8% | Oppenheimer | $50.00 | Buy | +22.4% | Reiterated | 01.10.26on TipRanks 08:10 | −8.7%next day +0.1% · 5 days +3.3% | ↗ |
| AI xAi Software - InfrastructurexAI Grok-4 | TipRanks - xAI | $45.00 → $44.00−2.2% | Buy | +7.7% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $43.00 → $42.00−2.3% | Hold | +2.8% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $43.00 → $42.00−2.3% | Hold | +2.8% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $42.00 → $41.00−2.4% | Hold | +0.4% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $46.00 → $44.00−4.3% | Buy | +7.7% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI PerPlexity Software - InfrastructurePerPlexity SonarPro | TipRanks - PerPlexity | $46.00 → $45.00−2.2% | Buy | +10.2% | Reiterated | 01.10.26on TipRanks 00:05 | — | |
| AI xAi Software - InfrastructurexAI Grok-4 | TipRanks - xAI | $47.00 → $45.00−4.3% | Buy | +10.2% | Reiterated | 23.09.26on TipRanks Sep 22 23:05 | — | |
| AI DeepSeek Software - InfrastructureDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $46.00 → $43.00−6.5% | Hold | +5.3% | Downgrade | 23.09.26on TipRanks Sep 22 23:05 | — | |
| AI OpenAI Software - InfrastructureOpenAI 5.2 | TipRanks - OpenAI | $46.00 → $43.00−6.5% | Hold | +5.3% | Downgrade | 23.09.26on TipRanks Sep 22 23:05 | — | |
| AI Anthropic Software - InfrastructureAnthropic Opus-4.6 | TipRanks - Anthropic | $43.00 → $42.00−2.3% | Hold | +2.8% | Reiterated | 23.09.26on TipRanks Sep 22 23:05 | — | |
| AI Google Software - InfrastructureGemini 3-pro | TipRanks - Google | $47.00 → $46.00−2.1% | Buy | +12.6% | Reiterated | 23.09.26on TipRanks Sep 22 23:05 | — | |
| AI PerPlexity Software - InfrastructurePerPlexity SonarPro | TipRanks - PerPlexity | $49.00 → $46.00−6.1% | Buy | +12.6% | Reiterated | 23.09.26on TipRanks Sep 22 23:05 | — | |
| Lucky Schreiner★★★★★★★★★★#11627 · hits 33% · avg −10.6% | D.A. Davidson | — | Buy | — | Reiterated | 18.08.26on TipRanks 09:35 | +1.5%next day +1.2% · 5 days +0.3% | ↗ |
| Ittai Kidron★★★★★★★★★★#866 · hits 55% · avg +9.8% | Oppenheimer | $50.00 | Buy | +22.4% | Reiterated | 23.07.26on TipRanks Jul 27 11:17 | −1.4%next day +2.4% · 5 days +8.8% | ↗ |
| Fatima Boolani★★★★★★★★★★#345 · hits 64% · avg +19.6% | Citi | $46.00 | Buy | +12.6% | Reiterated | 06.07.26on TipRanks 06:50 | 0.0%next day +1.7% · 5 days −1.0% | ↗ |
| Brent Thill★★★★★★★★★★#2743 · hits 53% · avg +3.8% | Jefferies | $40.00 | Hold | −2.1% | Reiterated | 03.07.26on TipRanks 03:10 | 0.0%next day +1.7% · 5 days −1.0% | ↗ |
| John Difucci★★★★★★★★★★#278 · hits 63% · avg +17.6% | Guggenheim | $83.00 | Buy | +103.2% | Reiterated | 01.07.26on TipRanks Jul 2 03:55 | +16.8%next day −1.8% · 5 days −2.5% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering Progress Software
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $47.75 at a price of $39.97 (+19.5%); now: $51.00 at $40.84 (+24.9%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 1 | 1 | 1 | 1 | 0 |
| Buy | 0 | 0 | 3 | 3 | 3 | 2 |
| Hold | 1 | 0 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 19.01.27 (Q4 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.28 (from $1.25 to $1.31). Last quarter: $1.69.
Sales
Next quarter’s sales estimate — $300M (from $297M to $303M). Last quarter: $246M.
Best top-analyst consensus in the sector · Technology
About Progress Software
- CEO: Yogesh K. Gupta
- Employees: 2,801
- 15 Wayside Road, Burlington, MA, 01803, US
- www.progress.com
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. Pr
Data from the stock’s TipRanks forecast page, read 120 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗