Progress Software Corp [PRGS] stock is trading at $41.96, down -2.10%. 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 0.31% over the last week, with a monthly amount drifted -8.66%, 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 a 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.
Progress Software Corp [PRGS] stock has fluctuated between $40.29 and $70.56 over the past year. Currently, Wall Street analysts expect the stock to reach $70.75 within the next 12 months. Progress Software Corp [NASDAQ: PRGS] shares were valued at $41.96 at the most recent close of the market. An investor can expect a potential return of 68.61% based on the average PRGS price forecast.
Analyzing the PRGS fundamentals
Progress Software Corp [NASDAQ:PRGS] reported sales of 940.13M for the trailing twelve months, which represents a growth of 39.80%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.11 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.56 points at the first support level, and at 41.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.59, and for the 2nd resistance point, it is at 43.23.
Ratios To Look Out For
For context, Progress Software Corp’s Current Ratio is 0.44. Also, the Quick Ratio is 0.44, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.92, the price to book ratio is 3.77 and price to earnings (TTM) ratio is 38.18.
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.
