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NASDAQ: PRGS
Progress Software Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for PRGS

Based on 6 analysts offering 12 month price targets for Progress Software Corp

Min Forecast
$68.00+24.02%
Avg Forecast
$74.33+35.57%
Max Forecast
$83.00+51.38%

Should I buy or sell PRGS stock?

Based on 6 analysts offering ratings for Progress Software Corp.

Buy
Strong Buy
2 analysts 33.33%
Buy
2 analysts 33.33%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Strong Buy" agrees with analyst consensus with a "Buy" rating. Learn More

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PRGS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2025-04-14
lockedlocked$00.00+00.00%2025-04-01
lockedlocked$00.00+00.00%2025-04-01
lockedlocked$00.00+00.00%2025-01-17
lockedlocked$00.00+00.00%2025-01-06
Oppenheimer
Top 10%
91
BuyMaintains$80.00+45.91%2024-10-22

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Forecast return on equity

Is PRGS forecast to generate an efficient return?

Company
53.2%
Industry
35.46%
Market
61.99%
PRGS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PRGS forecast to generate an efficient return on assets?

Company
9.33%
Industry
16.59%
PRGS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PRGS earnings per share forecast

What is PRGS's earnings per share in the next 3 years based on estimates from 5 analysts?

Avg 1 year Forecast
$4.18+219.24%
Avg 2 year Forecast
$4.81+267.02%
Avg 3 year Forecast
$5.34+307.63%
PRGS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PRGS revenue forecast

What is PRGS's revenue in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$965.0M+19.62%
Avg 2 year Forecast
$1.0B+24.03%
Avg 3 year Forecast
$998.0M+23.71%
PRGS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PRGS earnings growth forecast

How is PRGS forecast to perform vs Software - Application companies and vs the US market?

Company
91.2%
Industry
30.08%
Market
23.64%
PRGS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PRGS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PRGS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PRGS revenue growth forecast

How is PRGS forecast to perform vs Software - Application companies and vs the US market?

Company
10.89%
Industry
16.71%
Market
10.68%
PRGS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PRGS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PRGS vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
PRGS$54.83$74.33+35.57%Buy
ALRM$49.34$58.25+18.06%Hold
ALKT$24.00$41.71+73.81%Buy
CALX$33.25$43.50+30.83%Buy
PAR$54.84$85.50+55.91%Strong Buy
View Top App Stocks

Progress Software Stock Forecast FAQ

Is Progress Software Stock a good buy in 2025, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: PRGS) stock is to Buy PRGS stock.

Out of 6 analysts, 2 (33.33%) are recommending PRGS as a Strong Buy, 2 (33.33%) are recommending PRGS as a Buy, 2 (33.33%) are recommending PRGS as a Hold, 0 (0%) are recommending PRGS as a Sell, and 0 (0%) are recommending PRGS as a Strong Sell.

If you're new to stock investing, here's how to buy Progress Software stock.

What is PRGS's earnings growth forecast for 2025-2027?

(NASDAQ: PRGS) Progress Software's forecast annual earnings growth rate of 91.2% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 30.08%, and it is also forecast to beat the US market's average forecast earnings growth rate of 23.64%.

Progress Software's earnings in 2025 is $56,745,000.On average, 5 Wall Street analysts forecast PRGS's earnings for 2025 to be $179,934,711, with the lowest PRGS earnings forecast at $175,546,060, and the highest PRGS earnings forecast at $184,151,259. On average, 5 Wall Street analysts forecast PRGS's earnings for 2026 to be $206,868,984, with the lowest PRGS earnings forecast at $190,605,158, and the highest PRGS earnings forecast at $213,839,195.

In 2027, PRGS is forecast to generate $229,758,813 in earnings, with the lowest earnings forecast at $229,758,813 and the highest earnings forecast at $229,758,813.

What is PRGS's revenue growth forecast for 2025-2027?

(NASDAQ: PRGS) Progress Software's forecast annual revenue growth rate of 10.89% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.71%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.68%.

Progress Software's revenue in 2025 is $806,739,000.On average, 4 Wall Street analysts forecast PRGS's revenue for 2025 to be $41,520,171,227, with the lowest PRGS revenue forecast at $41,471,035,541, and the highest PRGS revenue forecast at $41,636,255,362. On average, 4 Wall Street analysts forecast PRGS's revenue for 2026 to be $43,050,175,609, with the lowest PRGS revenue forecast at $42,256,690,209, and the highest PRGS revenue forecast at $43,879,200,481.

In 2027, PRGS is forecast to generate $42,939,082,490 in revenue, with the lowest revenue forecast at $42,939,082,490 and the highest revenue forecast at $42,939,082,490.

What is PRGS's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: PRGS) forecast ROA is 9.33%, which is lower than the forecast US Software - Application industry average of 16.59%.

What is PRGS's Price Target?

According to 6 Wall Street analysts that have issued a 1 year PRGS price target, the average PRGS price target is $74.33, with the highest PRGS stock price forecast at $83.00 and the lowest PRGS stock price forecast at $68.00.

On average, Wall Street analysts predict that Progress Software's share price could reach $74.33 by Apr 14, 2026. The average Progress Software stock price prediction forecasts a potential upside of 35.57% from the current PRGS share price of $54.83.

What is PRGS's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: PRGS) Progress Software's current Earnings Per Share (EPS) is $1.31. On average, analysts forecast that PRGS's EPS will be $4.18 for 2025, with the lowest EPS forecast at $4.08, and the highest EPS forecast at $4.28. On average, analysts forecast that PRGS's EPS will be $4.81 for 2026, with the lowest EPS forecast at $4.43, and the highest EPS forecast at $4.97. In 2027, PRGS's EPS is forecast to hit $5.34 (min: $5.34, max: $5.34).

What is PRGS's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: PRGS) forecast ROE is 53.2%, which is considered strong.
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