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Progress Software Corporation

PRGSNASDAQTechnologySoftware - Infrastructure

$45.98Today:- (-)1Y +2.02%

As of Oct 22, 2026 close

Market cap
$1.91B
P/E (TTM)
20.64
Forward P/E
11.11
Dividend yield
-
52-week range
$23.82$47.25
Volume (live)
-
Avg. volume (3M)
634.44K

Progress Software (PRGS) Stock Price & Financial Analysis

Progress Software Stock Price Chart

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Financial Metrics & Key Statistics

Fundamental metrics, valuation ratios, and profitability indicators

Price & Trading Activity
Day's Range$43.70 - $46.35
52-Week High$47.25
52-Week Low$23.82
Open$44.00
Volume (last close)511.87K
Average Volume (3M)634.44K
Earnings & Profitability
Revenue (TTM)999.93M
Net Income (TTM)92.41M
Free Cash Flow (TTM)319.15M
EPS (TTM)$2.17
Profit Margin9.24%
Operating Margin19.39%
Return on Equity (ROE)17.44%
Debt to Equity2.43
Dividend Information
Annual Dividend$0.00
Dividend Yield0.00%
Payout Ratio0.00%
Last Dividend Ex-DateAug 30, 2024
Size & Valuation
Market Cap1.91B
Shares Outstanding41.48M
P/E Ratio (TTM)20.64
Forward P/E11.11
Price to Sales (P/S)1.91
Price to Book (P/B)3.60
EV/EBITDA10.50
Technical Indicators
50-Day MA$41.54
200-Day MA$36.57
1-Year Change+2.02%

Source: Market prices and company fundamentals. Data as of Oct 22, 2026. Data sources and methodology

Compare PRGS with other stocks

Progress Software at a Glance

As of the Oct 22, 2026 close, Progress Software (PRGS) has a market capitalization of $1.91B. The stock trades at 20.6× trailing earnings, 11.1× forward earnings and 1.9× sales. Over the trailing twelve months it earned $92.41M on revenue of $999.93M (a 9.2% profit margin) and generated $319.15M of free cash flow. Revenue grew 6.4% year over year.

As of its latest reported balance sheet, it holds $113.65M in cash and securities against $1.29B of debt, a net debt position of $1.18B.

Progress Software does not currently pay a dividend.

The share price is up 2.0% over the past year. At $45.98 (the Oct 22, 2026 close) it sits near the top of its 52-week range of $23.82 to $47.25, above its 200-day moving average of $36.57.

Based on 5 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $51.00, 10.9% above the Oct 22, 2026 close.

Frequently Asked Questions About Progress Software

What is the current stock price for PRGS?

As of the Oct 22, 2026 close, PRGS stock trades at $45.98. The 52-week range is $23.82–$47.25, with a day range of $43.70–$46.35.

What is the P/E ratio for PRGS?

As of the Oct 22, 2026 close, Progress Software's trailing twelve-month (TTM) P/E ratio is 20.6, meaning investors pay $20.6 for every $1 of annual earnings. The forward P/E is 11.1, reflecting analyst expectations for future earnings. Progress Software operates in the Technology sector.

Does PRGS pay dividends?

Progress Software does not currently pay a regular dividend. The company retains its earnings to reinvest in the business. Check the Dividends tab for historical dividend information.

What do analysts recommend for PRGS?

Based on ratings from 5 professional analysts over the last 90 days, the consensus for PRGS is Buy. The average 12-month price target is $51.00, a 10.9% upside from the Oct 22, 2026 close of $45.98.

What is the market cap of PRGS?

As of the Oct 22, 2026 close, Progress Software's market capitalization is $1.91B, classifying it as a small-cap company. Progress Software operates in the Technology sector within the Software - Infrastructure industry.