At the time of writing, Progress Software Corp [PRGS] stock is trading at $42.75, up 0.12%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PRGS shares have gain 3.21% over the last week, with a monthly amount drifted -0.56%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Progress Software Corp [NASDAQ: PRGS] stock has seen the most recent analyst activity on October 13, 2025, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $57 for it. Previously, DA Davidson started tracking the stock with Buy rating on March 28, 2024, and set its price target to $65. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $52 on September 09, 2022. Guggenheim initiated its recommendation with a Buy and recommended $60 as its price target on August 12, 2022. JP Morgan started tracking with an Overweight rating for this stock on October 22, 2021, and assigned it a price target of $60. In a note dated August 06, 2021, Citigroup initiated a Neutral rating and provided a target price of $48 on this stock.
For the past year, the stock price of Progress Software Corp fluctuated between $38.54 and $65.50. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. Progress Software Corp [NASDAQ: PRGS] shares were valued at $42.75 at the most recent close of the market. An investor can expect a potential return of 40.35% based on the average PRGS price forecast.
Analyzing the PRGS fundamentals
According to Progress Software Corp [NASDAQ:PRGS], the company’s sales were 977.83M for trailing twelve months, which represents an 17.54% jump. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.16 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Progress Software Corp [NASDAQ:PRGS] has a current ratio of 0.49. Also, the Quick Ratio is 0.49, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 3.78 and price to earnings (TTM) ratio is 25.63.
Transactions by insiders
Recent insider trading involved Pitt Ian, Chief Information Officer, that happened on Oct 06 ’25 when 409.0 shares were sold. Officer, IAN PITT completed a deal on Oct 06 ’25 to buy 409.0 shares. Meanwhile, Chief Legal Officer WANG YUFAN STEPHANIE sold 1428.0 shares on Oct 03 ’25.
