$51.43
0.24[0.47%]
At close: Apr 23
$51.43
0[0.00%]
After Hours: 4:00PM EDT
Progress Software
(NASDAQ:PRGS)Progress Software Stock (NASDAQ:PRGS), Analyst Ratings, Price Targets, Predictions
Progress Software Corp has a consensus price target of $60.92, established from looking at the 24 latest analyst ratings. The last 3 analyst ratings were released from DA Davidson, JP Morgan, and Oppenheimer on March 28, 2024, March 27, 2024, and March 27, 2024. With an average price target of $64.67 between DA Davidson, JP Morgan, and Oppenheimer, there's an implied 25.74% upside for Progress Software Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
DA Davidson
JP Morgan
Oppenheimer
Wedbush
Citigroup
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Progress Software
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/28/2024 | PRGS | Buy Now | Progress Software | $51.43 | 26.39% | DA Davidson | Lucky Schreiner | → $65 | Initiates | → Buy | Get Alert |
| 03/27/2024 | PRGS | Buy Now | Progress Software | $51.43 | 22.5% | JP Morgan | Pinjalim Bora | $65 → $63 | Maintains | Overweight | Get Alert |
| 03/27/2024 | PRGS | Buy Now | Progress Software | $51.43 | 28.33% | Oppenheimer | Ittai Kidron | $66 → $66 | Maintains | Outperform | Get Alert |
| 02/23/2024 | PRGS | Buy Now | Progress Software | $51.43 | 30.27% | Wedbush | Daniel Ives | $65 → $67 | Maintains | Outperform | Get Alert |
| 09/28/2023 | PRGS | Buy Now | Progress Software | $51.43 | 26.39% | Wedbush | Daniel Ives | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 09/27/2023 | PRGS | Buy Now | Progress Software | $51.43 | 26.39% | Wedbush | Daniel Ives | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 09/27/2023 | PRGS | Buy Now | Progress Software | $51.43 | 28.33% | Oppenheimer | Ittai Kidron | → $66 | Reiterates | Outperform → Outperform | Get Alert |
| 09/19/2023 | PRGS | Buy Now | Progress Software | $51.43 | 26.39% | Wedbush | Daniel Ives | → $65 | Reiterates | Outperform → Outperform | Get Alert |
| 08/08/2023 | PRGS | Buy Now | Progress Software | $51.43 | 20.55% | Citigroup | Fatima Boolani | $57 → $62 | Maintains | Neutral | Get Alert |
| 06/30/2023 | PRGS | Buy Now | Progress Software | $51.43 | 28.33% | Oppenheimer | Ittai Kidron | $63 → $66 | Maintains | Outperform | Get Alert |
| 03/30/2023 | PRGS | Buy Now | Progress Software | $51.43 | 10.83% | Citigroup | Fatima Boolani | $54 → $57 | Maintains | Neutral | Get Alert |
| 03/29/2023 | PRGS | Buy Now | Progress Software | $51.43 | 24.44% | Guggenheim | Raymond McDonough | → $64 | Reiterates | → Buy | Get Alert |
| 03/29/2023 | PRGS | Buy Now | Progress Software | $51.43 | 26.39% | JP Morgan | Pinjalim Bora | $57 → $65 | Maintains | Overweight | Get Alert |
| 03/29/2023 | PRGS | Buy Now | Progress Software | $51.43 | 22.5% | Oppenheimer | Ittai Kidron | $53 → $63 | Maintains | Outperform | Get Alert |
| 03/13/2023 | PRGS | Buy Now | Progress Software | $51.43 | 24.44% | Guggenheim | John Healy | $60 → $64 | Maintains | Buy | Get Alert |
| 01/24/2023 | PRGS | Buy Now | Progress Software | $51.43 | 16.66% | Guggenheim | Raymond McDonough | → $60 | Assumes | → Buy | Get Alert |
| 09/09/2022 | PRGS | Buy Now | Progress Software | $51.43 | 1.11% | Jefferies | Brent Thill | → $52 | Initiates | → Hold | Get Alert |
| 08/12/2022 | PRGS | Buy Now | Progress Software | $51.43 | 16.66% | Guggenheim | John Difucci | → $60 | Initiates | → Buy | Get Alert |
| 06/29/2022 | PRGS | Buy Now | Progress Software | $51.43 | 3.05% | Oppenheimer | Ittai Kidron | $60 → $53 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Progress Software (PRGS)?
The latest price target for Progress Software (NASDAQ: PRGS) was reported by DA Davidson on March 28, 2024. The analyst firm set a price target for $65.00 expecting PRGS to rise to within 12 months (a possible 26.39% upside). 10 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 initiated 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 March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 2025.
Is the Analyst Rating Progress Software (PRGS) correct?
While ratings are subjective and will change, the latest Progress Software (PRGS) rating was a initiated with a price target of $0.00 to $65.00. The current price Progress Software (PRGS) is trading at is $51.43, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.