NASDAQ: PRGS
Progress Software Corp Stock

$38.42-0.74 (-1.89%)
Updated Jul 2, 2026
PRGS Price
$38.42
Fair Value Price
N/A
Market Cap
$1.58B
52 Week Low
$23.82
52 Week High
$54.28
P/E
18.38x
P/B
3.11x
P/S
1.37x
PEG
0.42x
Dividend Yield
N/A
Revenue
$1.00B
Earnings
$89.04M
Gross Margin
81.8%
Operating Margin
17.24%
Profit Margin
8.9%
Debt to Equity
3.64
Operating Cash Flow
$314M
Beta
0.81
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

PRGS Overview

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.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine PRGS's potential to beat the market

BBuy
  • Stocks with a Zen Rating of Buy (B) had an average return of +17.17% per year. Learn More

Zen Rating Component Grades

C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: App

Industry Rating
B
PRGS
Ranked
#29 of 175

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$1.83A
$3.15A
$4.14A
View Top App Stocks

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PRGS News

Overview

Due Diligence Score

Industry Average (30)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how PRGS scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

PRGS ($38.42) is trading below its intrinsic value of $42.12, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
PRGS is poor value based on its earnings relative to its share price (18.38x), compared to the US market average (8.54x)
P/E vs Market Valuation
PRGS is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more PRGS due diligence checks available for Premium users.

Valuation

PRGS price to earnings (PE)

For valuing profitable companies with steady earnings

Company
18.38x
Industry
62.25x
Market
8.54x
PRGS is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
PRGS is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

PRGS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
3.11x
Industry
5x
PRGS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PRGS price to earnings growth (PEG)

For valuing profitable companies with growth potential

PRGS is good value based... subscribe to Premium to read more.
PEG Value Valuation

PRGS's financial health

Profit margin

Revenue
$253.5M
Net Income
$21.1M
Profit Margin
8.3%
PRGS's Earnings (EBIT) of $173.03M... subscribe to Premium to read more.
Interest Coverage Financials
PRGS's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.3B
Liabilities
$1.8B
Debt to equity
3.64
PRGS's short-term liabilities ($416.04M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PRGS's long-term liabilities ($1.42B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PRGS's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
PRGS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$78.8M
Investing
-$1.9M
Financing
-$85.1M
PRGS's operating cash flow ($313.71M)... subscribe to Premium to read more.
Debt Coverage Financials

PRGS vs App Stocks

TickerZen RatingMarket Cap1d %P/EP/B
PRGSB$1.58B-1.89%18.38x3.11x
WBTNC$1.57B+2.02%-4.56x1.34x
VIAC$1.57B+1.85%N/A2.52x
APPSB$1.53B-4.51%-38.52x7.98x
LSPDC$1.51B0.00%-10.38x1.02x

Progress Software Stock FAQ

What is Progress Software's quote symbol?

(NASDAQ: PRGS) Progress Software trades on the NASDAQ under the ticker symbol PRGS. Progress Software stock quotes can also be displayed as NASDAQ: PRGS.

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

What is the 52 week high and low for Progress Software (NASDAQ: PRGS)?

(NASDAQ: PRGS) Progress Software's 52-week high was $54.28, and its 52-week low was $23.82. It is currently -29.21% from its 52-week high and 61.29% from its 52-week low.

How much is Progress Software stock worth today?

(NASDAQ: PRGS) Progress Software currently has 41,012,942 outstanding shares. With Progress Software stock trading at $38.42 per share, the total value of Progress Software stock (market capitalization) is $1.58B.

Progress Software stock was originally listed at a price of $4.81 in Dec 31, 1997. If you had invested in Progress Software stock at $4.81, your return over the last 28 years would have been 699.25%, for an annualized return of 7.71% (not including any dividends or dividend reinvestments).

How much is Progress Software's stock price per share?

(NASDAQ: PRGS) Progress Software stock price per share is $38.42 today (as of Jul 2, 2026).

What is Progress Software's Market Cap?

(NASDAQ: PRGS) Progress Software's market cap is $1.58B, as of Jul 7, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Progress Software's market cap is calculated by multiplying PRGS's current stock price of $38.42 by PRGS's total outstanding shares of 41,012,942.
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