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$63.47
At close: Jun 17 EDT
$63.47
0.000.00%
Pre-Market: 4:00 PM EDT
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Progress Software Analyst Ratings and Price Targets | NASDAQ:PRGS | Benzinga
Progress Software Corp has a consensus price target of $71.44 based on the ratings of 9 analysts. The high is $83 issued by Guggenheim on April 1, 2025. The low is $63 issued by JP Morgan on March 27, 2024. The 3 most-recent analyst ratings were released by DA Davidson, Guggenheim, and Wedbush on April 14, 2025, April 1, 2025, and April 1, 2025, respectively. With an average price target of $76 between DA Davidson, Guggenheim, and Wedbush, there's an implied 19.74% upside for Progress Software Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
DA Davidson
Guggenheim
Wedbush
Citigroup
Jefferies
1calculated from analyst ratings
Analyst Ratings for Progress Software
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/14/2025 | Buy Now | 10.29% | DA Davidson | Lucky Schreiner61% | $75 → $70 | Maintains | Buy | Get Alert |
| 04/01/2025 | Buy Now | 30.77% | Guggenheim | John Difucci70% | $83 → $83 | Reiterates | Buy → Buy | Get Alert |
| 04/01/2025 | Buy Now | 18.17% | Wedbush | Daniel Ives81% | $75 → $75 | Reiterates | Outperform → Outperform | Get Alert |
| 01/22/2025 | Buy Now | 30.77% | Guggenheim | John Difucci70% | $83 → $83 | Reiterates | Buy → Buy | Get Alert |
| 01/21/2025 | Buy Now | 18.17% | DA Davidson | Lucky Schreiner61% | $75 → $75 | Maintains | Buy | Get Alert |
| 01/17/2025 | Buy Now | 7.14% | Citigroup | Fatima Boolani79% | $65 → $68 | Maintains | Neutral | Get Alert |
| 01/17/2025 | Buy Now | 30.77% | Guggenheim | John Difucci70% | $83 → $83 | Reiterates | Buy → Buy | Get Alert |
| 01/06/2025 | Buy Now | 10.29% | Jefferies | Brent Thill77% | $65 → $70 | Maintains | Hold | Get Alert |
| 10/22/2024 | Buy Now | 26.04% | Oppenheimer | Ittai Kidron71% | $70 → $80 | Maintains | Outperform | Get Alert |
| 09/25/2024 | Buy Now | 10.29% | Guggenheim | Raymond McDonough69% | $64 → $70 | Maintains | Buy | Get Alert |
| 09/25/2024 | Buy Now | 10.29% | DA Davidson | Lucky Schreiner61% | $65 → $70 | Maintains | Buy | Get Alert |
| 09/25/2024 | Buy Now | 10.29% | Oppenheimer | Ittai Kidron71% | $66 → $70 | Maintains | Outperform | Get Alert |
| 09/10/2024 | Buy Now | 2.41% | DA Davidson | Lucky Schreiner61% | $65 → $65 | Maintains | Buy | Get Alert |
| 09/10/2024 | Buy Now | 7.14% | Wedbush | Daniel Ives81% | $68 → $68 | Reiterates | Outperform → Outperform | Get Alert |
| 07/18/2024 | Buy Now | 7.14% | Wedbush | Daniel Ives81% | $67 → $68 | Maintains | Outperform | Get Alert |
| 06/26/2024 | Buy Now | 2.41% | DA Davidson | Lucky Schreiner61% | $65 → $65 | Maintains | Buy | Get Alert |
| 06/26/2024 | Buy Now | 3.99% | Oppenheimer | Ittai Kidron71% | $66 → $66 | Maintains | Outperform | Get Alert |
| 06/26/2024 | Buy Now | -13.34% | Jefferies | Brent Thill77% | $60 → $55 | Maintains | Hold | Get Alert |
| 06/25/2024 | Buy Now | 0.84% | Guggenheim | Raymond McDonough69% | $64 → $64 | Reiterates | Buy → Buy | Get Alert |
| 03/28/2024 | Buy Now | 2.41% | DA Davidson | Lucky Schreiner61% | → $65 | Initiates | → Buy | Get Alert |
| 03/27/2024 | Buy Now | -0.74% | JP Morgan | Pinjalim Bora62% | $65 → $63 | Maintains | Overweight | Get Alert |
| 03/27/2024 | Buy Now | 3.99% | Oppenheimer | Ittai Kidron71% | $66 → $66 | Maintains | Outperform | Get Alert |
| 02/23/2024 | Buy Now | 5.56% | Wedbush | Daniel Ives81% | $65 → $67 | Maintains | Outperform | Get Alert |
| 09/28/2023 | Buy Now | 2.41% | Wedbush | Daniel Ives81% | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 09/27/2023 | Buy Now | 2.41% | Wedbush | Daniel Ives81% | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 09/27/2023 | Buy Now | 3.99% | Oppenheimer | Ittai Kidron71% | → $66 | Reiterates | Outperform → Outperform | Get Alert |
| 09/19/2023 | Buy Now | 2.41% | Wedbush | Daniel Ives81% | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 08/08/2023 | Buy Now | -2.32% | Citigroup | Fatima Boolani79% | $57 → $62 | Maintains | Neutral | Get Alert |
| 06/30/2023 | Buy Now | 3.99% | Oppenheimer | Ittai Kidron71% | $63 → $66 | Maintains | Outperform | Get Alert |
| 03/30/2023 | Buy Now | -10.19% | Citigroup | Fatima Boolani79% | $54 → $57 | Maintains | Neutral | Get Alert |
| 03/29/2023 | Buy Now | 0.84% | Guggenheim | Raymond McDonough69% | → $64 | Reiterates | → Buy | Get Alert |
| 03/29/2023 | Buy Now | 2.41% | JP Morgan | Pinjalim Bora62% | $57 → $65 | Maintains | Overweight | Get Alert |
| 03/29/2023 | Buy Now | -0.74% | Oppenheimer | Ittai Kidron71% | $53 → $63 | Maintains | Outperform | Get Alert |
| 03/13/2023 | Buy Now | 0.84% | Guggenheim | John Healy68% | $60 → $64 | Maintains | Buy | Get Alert |
| 01/24/2023 | Buy Now | -5.47% | Guggenheim | Raymond McDonough69% | → $60 | Assumes | → Buy | Get Alert |
| 09/09/2022 | Buy Now | -18.07% | Jefferies | Brent Thill77% | → $52 | Initiates | → Hold | Get Alert |
| 08/12/2022 | Buy Now | -5.47% | Guggenheim | John Difucci70% | → $60 | Initiates | → Buy | Get Alert |
| 06/29/2022 | Buy Now | -16.5% | Oppenheimer | Ittai Kidron71% | $60 → $53 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Progress Software (PRGS) stock?
The latest price target for Progress Software (NASDAQ:PRGS) was reported by DA Davidson on April 14, 2025. The analyst firm set a price target for $70.00 expecting PRGS to rise to within 12 months (a possible 10.29% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Progress Software (PRGS)?
The latest analyst rating for Progress Software (NASDAQ:PRGS) was provided by DA Davidson, and Progress Software maintained their buy rating.
When was the last upgrade for Progress Software (PRGS)?
There is no last upgrade for Progress Software
When was the last downgrade for Progress Software (PRGS)?
There is no last downgrade for Progress Software.
When is the next analyst rating going to be posted or updated for Progress Software (PRGS)?
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 April 14, 2025 so you should expect the next rating to be made available sometime around April 14, 2026.
Is the Analyst Rating Progress Software (PRGS) correct?
While ratings are subjective and will change, the latest Progress Software (PRGS) rating was a maintained with a price target of $75.00 to $70.00. The current price Progress Software (PRGS) is trading at is $63.47, which is out of the analyst’s predicted range.
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