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Progress Software Corp. (CH:PGR)
:PGR

Progress Software (PGR) Price & Analysis

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PGR Stock Chart & Stats

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Bulls Say, Bears Say

Bulls Say
Strong Cash GenerationRobust operating and free cash flow provides internal funding for debt repayment, product investment and selective acquisitions. FCF closely tracking earnings also indicates that reported profitability is supported by cash rather than aggressive accounting.
High-margin Recurring Software ModelHigh gross margins and recurring maintenance and subscription revenue support durable economics. Full customer retention with stable expansion potential can improve revenue visibility and help preserve profitability as Progress cross-sells its portfolio.
Broader Data And AI Platform CapabilitiesThe Domo transaction can materially broaden Progress’s data, analytics, governance and AI capabilities. Combining these assets with its existing integration and infrastructure portfolio may strengthen customer relevance and create cross-selling opportunities.
Bears Say
Elevated Leverage And Limited Balance-sheet FlexibilityThe substantial debt burden leaves less flexibility for investment, acquisitions or unexpected weakness. Higher financing costs or slower growth could constrain cash allocation, while the Domo purchase adds pressure before synergies are realized.
Modest Underlying Recurring GrowthLimited ARR expansion suggests the core subscription base is not yet accelerating materially. Modest organic growth can restrict operating leverage and increases reliance on acquisitions, pricing or portfolio changes to sustain overall revenue progress.
Cash-flow Upside May Not Be Fully RepeatableCollection improvements can boost cash temporarily without representing stronger underlying demand or profitability. If working-capital benefits fade, recurring free cash flow may grow more slowly, reducing the pace of potential deleveraging.

Progress Software News

PGR FAQ

What was Progress Software Corp.’s price range in the past 12 months?
Currently, no data Available
What is Progress Software Corp.’s market cap?
Progress Software Corp.’s market cap is CHF1.51B.
    When is Progress Software Corp.’s upcoming earnings report date?
    Progress Software Corp.’s upcoming earnings report date is Sep 29, 2026 which is in 26 days.
      How were Progress Software Corp.’s earnings last quarter?
      Progress Software Corp. released its earnings results on Jun 30, 2026. The company reported CHF1.317 earnings per share for the quarter, beating the consensus estimate of CHF1.21 by CHF0.106.
        Is Progress Software Corp. overvalued?
        According to Wall Street analysts Progress Software Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Progress Software Corp. pay dividends?
          Progress Software Corp. does not currently pay dividends.
          What is Progress Software Corp.’s EPS estimate?
          Progress Software Corp.’s EPS estimate is 1.23.
            How many shares outstanding does Progress Software Corp. have?
            Currently, no data Available
            What happened to Progress Software Corp.’s price movement after its last earnings report?
            Progress Software Corp. reported an EPS of CHF1.317 in its last earnings report, beating expectations of CHF1.21. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Progress Software Corp.?
              Currently, no hedge funds are holding shares in CH:PGR
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                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.

                Progress Software (PGR) Earnings & Revenues

                PGR Company Deck

                PGR Earnings Call

                Q2 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The call presented a predominantly positive operational and financial update: Progress exceeded expectations across revenue, EPS, margins, and free cash flow in Q2, raised full-year guidance, improved collections, and continued deleveraging while highlighting strong product momentum (notably the data platform and AI-related wins such as the NVIDIA Chef partnership). Key risks and constraints were also clearly acknowledged — ARR growth remains modest at 2% pro forma, total leverage is still significant (~2.9x), some of the quarter's outperformance was timing-driven, and a portion of cash flow gains reflected one-time collection improvements. Management signaled disciplined capital allocation, opportunistic M&A appetite, and confidence in continued execution. Overall, positives (outperformance, margin and cash generation, balance sheet improvement, product momentum and raised guidance) outweigh the negatives (modest ARR growth, substantial absolute debt, and some timing-driven variability).View all CH:PGR earnings summaries

                PGR Stock 12 Month Forecast

                Average Price Target

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