
Progress Software (PRGS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Progress Software Corporation develops business applications. The company is headquartered in Bedford, Massachusetts.
| Revenue (TTM) | $1.00B |
| Gross Profit (TTM) | $858.88M |
| EBITDA | $333.75M |
| Operating Margin | 18.50% |
| Return on Equity | 18.60% |
| Return on Assets | 4.89% |
| Revenue/Share (TTM) | $23.65 |
| Book Value | $12.25 |
| Price-to-Book | 3.55 |
| Price-to-Sales (TTM) | 1.75 |
| EV/Revenue | 3.008 |
| EV/EBITDA | 9.41 |
| Quarterly Earnings Growth (YoY) | 28.20% |
| Quarterly Revenue Growth (YoY) | 6.80% |
| Shares Outstanding | $41.01M |
| Float | $40.34M |
| % Insiders | 2.26% |
| % Institutions | 115.37% |
Volatility is currently contracting

Progress Software (PRGS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Accomplished technology executive to lead enterprise IT strategy, AI acceleration, cybersecurity and M&A integration BURLINGTON, Mass., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the appointment of Bridget Collins as Chief Information Officer (CIO).

9th Annual Program Honors the Marketing, Sales and AdTech Innovators Reshaping How Brands Engage, Convert and Grow 9th Annual Program Honors the Marketing, Sales and AdTech Innovators Reshaping How Brands Engage, Convert and Grow

Investors looking for stocks in the Computer - Software sector might want to consider either Progress Software (PRGS) or Microsoft (MSFT). But which of these two stocks offers value investors a better bang for their buck right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Global survey reveals fragmented coordination workflows have become a measurable business cost, signaling the need for more structured, AI-enabled client collaboration BURLINGTON, Mass., July 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the results of its State of Client Collaboration 2026 survey, revealing that professional services firms lose a median of roughly $60,000 (USD) annually to nonbillable client coordination work.

Progress Software Corporation (PRGS) M&A Call Transcript

Progress Software NASDAQ: PRGS said it has entered into an agreement to acquire Domo's AI and data platform business in a transaction valued at a headline purchase price of $400 million, executives said on a conference call discussing the deal.

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO--Domo, Inc. (NASDAQ: DOMO) (“Domo” or the “Company”) today announced that its Board of Directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) (“Progress”) will acquire substantially all of the assets and employees, excluding the Company's net operating loss (“NOL”) carryforwards, and assume certain liabilities of the Company for $400 million in cash, subject to customary purchase price adjustments.

Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.
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