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Progress Software

PRGSNASDAQ
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$57.67
0.150.26%
At Close: -
$57.67
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q3 2024 Earnings in 5 days from now on Tue Sep 24th, after the market close
Conference call scheduled in 5 days at 17:00 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$68.00
Lowest Price Target1
$52.00
Consensus Price Target1
$61.90

Progress Software (NASDAQ:PRGS) Stock, Analyst Ratings, Price Targets, Forecasts

Progress Software Corp has a consensus price target of $61.9 based on the ratings of 10 analysts. The high is $68 issued by Wedbush on September 10, 2024. The low is $52 issued by Citigroup on March 30, 2022. The 3 most-recent analyst ratings were released by DA Davidson, Wedbush, and Wedbush on September 10, 2024, September 10, 2024, and July 18, 2024, respectively. With an average price target of $67 between DA Davidson, Wedbush, and Wedbush, there's an implied 16.18% upside for Progress Software Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Mar
1
Jun
1
Jul
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
Wedbush
Oppenheimer
Jefferies
Guggenheim

1calculated from analyst ratings

Analyst Ratings for Progress Software

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Progress Software (PRGS) stock?

A

The latest price target for Progress Software (NASDAQ:PRGS) was reported by DA Davidson on September 10, 2024. The analyst firm set a price target for $65.00 expecting PRGS to rise to within 12 months (a possible 12.71% upside). 14 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Progress Software (PRGS)?

A

The latest analyst rating for Progress Software (NASDAQ:PRGS) was provided by DA Davidson, and Progress Software maintained their buy rating.

Q

When was the last upgrade for Progress Software (PRGS)?

A

There is no last upgrade for Progress Software

Q

When was the last downgrade for Progress Software (PRGS)?

A

There is no last downgrade for Progress Software.

Q

When is the next analyst rating going to be posted or updated for Progress Software (PRGS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Progress Software, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Progress Software was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.

Q

Is the Analyst Rating Progress Software (PRGS) correct?

A

While ratings are subjective and will change, the latest Progress Software (PRGS) rating was a maintained with a price target of $65.00 to $65.00. The current price Progress Software (PRGS) is trading at is $57.67, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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