PGR Stock Chart & Stats
€25.60
€0.00(0.00%)
At close: 4:00 PM EST
€25.60
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€21.20 - €43.40
Previous CloseN/A
Volume0.00
Average Volume (3M)10.00
Market Cap
€1.37B
Enterprise Value€2.61K
Total Cash (Recent Filing)€102.98M
Total Debt (Recent Filing)€1.33B
Price to Earnings (P/E)17.7
Beta0.79
Next Earnings
Sep 29, 2026EPS Estimate
1.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.09
Shares Outstanding41,012,943
10 Day Avg. Volume14
30 Day Avg. Volume10
Financial Highlights & Ratios
PEG Ratio3.25
Price to Book (P/B)3.77
Price to Sales (P/S)1.84
P/FCF Ratio7.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€47.96Price Target Upside87.35% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)5.41
Revenue Forecast (FY)€876.10M
Bulls Say, Bears Say
Bulls Say
Free Cash FlowSteady, high free cash flow provides durable financial flexibility: supports multi-year deleveraging, targeted buybacks, and M&A funding without depending on equity raises. FCF closely tracking earnings and strong FCF growth (~18%) underpins sustainable capital allocation and resilience through cycles.
High MarginsElevated gross and operating margins are structural advantages for an application software firm, enabling reinvestment in R&D and go-to-market while preserving cash generation. High margins support long-term operating leverage, cushioning profitability against modest revenue fluctuations.
Data/AI Strategic ExpansionAcquiring Domo's data and AI platform meaningfully broadens product set, customer footprint and partner integrations, accelerating Progress's move into AI-ready data solutions. This structural expansion should improve cross-sell opportunities and long-run ARR potential if integration and retention hold.
Bears Say
High LeverageA sizable absolute debt load limits strategic optionality and raises refinancing and interest-rate risk over the medium term. Even with strong cash flow, deleveraging to conservative levels likely requires multiple years of sustained FCF and disciplined allocation, constraining M&A and investment flexibility during that period.
Modest ARR GrowthLow organic ARR growth signals limited underlying expansion of recurring revenue, reducing predictability and long-duration revenue upside. For a subscription-first model, slow ARR trends necessitate reliance on cross-sell, higher retention execution, or inorganic moves to materially lift long-term revenue trajectory.
Revenue Timing & Credit RelianceReliance on contract timing for quarter-to-quarter beats and usage of the revolver to address maturities introduce structural execution and liquidity risk. Persistent renewal timing variability complicates forecasting, and continued credit dependence could raise cost or availability risks if market conditions shift.
Progress Software News
PGR FAQ
What was Progress Software’s price range in the past 12 months?
Progress Software lowest stock price was €21.20 and its highest was €43.40 in the past 12 months.
What is Progress Software’s market cap?
Progress Software’s market cap is €1.37B.
When is Progress Software’s upcoming earnings report date?
Progress Software’s upcoming earnings report date is Sep 29, 2026 which is in 66 days.
How were Progress Software’s earnings last quarter?
Progress Software released its earnings results on Jun 30, 2026. The company reported €1.423 earnings per share for the quarter, beating the consensus estimate of €1.308 by €0.115.
Is Progress Software overvalued?
According to Wall Street analysts Progress Software’s price is currently Undervalued.
Does Progress Software pay dividends?
Progress Software does not currently pay dividends.
What is Progress Software’s EPS estimate?
Progress Software’s EPS estimate is 1.33.
How many shares outstanding does Progress Software have?
Progress Software has 41,012,943 shares outstanding.
What happened to Progress Software’s price movement after its last earnings report?
Progress Software reported an EPS of €1.423 in its last earnings report, beating expectations of €1.308. Following the earnings report the stock price went down -3.356%.
Which hedge fund is a major shareholder of Progress Software?
Currently, no hedge funds are holding shares in DE: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
Progress Software Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€47.96 (87.35% Upside)
€47.96 (87.35% Upside)
Blogger Sentiment
Bullish
DE:PGR Sentiment 70%
Sector Average 63%
Sector Average 63%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-25.35%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-2.82%
Trailing 12-Months
Company Description
Progress Software
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.
PGR Stock 12 Month Forecast
Average Price Target
€47.96
▲(87.35% Upside)











