Progress Software Corporation (PRGS)

US — Technology Sector
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Key Metrics & Ratings

  • symbol PRGS
  • Rev/Share 18.6503
  • Book/Share 9.9835
  • PB 6.1932
  • Debt/Equity 3.5441
  • CurrentRatio 0.795
  • ROIC 0.0437

 

  • MktCap 2660297580.0
  • FreeCF/Share 4.7457
  • PFCF 12.9594
  • PE 47.1322
  • Debt/Assets 0.6215
  • DivYield 0.0057
  • ROE 0.1337

 

  • Rating
  • Score
  • Recommendation
  • P/E Score
  • DCF Score
  • P/B Score
  • D/E Score

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

Interpreting Progress Software (PRGS) International Revenue Trends
PRGS
Published: May 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Evaluate Progress Software's (PRGS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

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image for news Interpreting Progress Software (PRGS) International Revenue Trends
Will PRGS' AI-Powered Upgrades to Sitefinity Drive the Stock Upward?
PRGS
Published: April 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Progress Software strengthens Sitefinity content management platform with new AI capabilities to power digital experiences.

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image for news Will PRGS' AI-Powered Upgrades to Sitefinity Drive the Stock Upward?
Progress Empowers Marketers with Innovative AI Capabilities for Creating Superior Digital Experiences
PRGS
Published: April 10, 2025 by: GlobeNewsWire
Sentiment: Neutral

BURLINGTON, Mass., April 10, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the latest AI innovations in Progress® Sitefinity® content management platform.

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image for news Progress Empowers Marketers with Innovative AI Capabilities for Creating Superior Digital Experiences
Progress MOVEit Recognized in G2's Best IT Infrastructure Products List for Third Consecutive Year
PRGS
Published: April 01, 2025 by: GlobeNewsWire
Sentiment: Neutral

Managed file transfer solution recognized for excellence based on user reviews BURLINGTON, Mass., April 01, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Progress® MOVEit® managed file transfer (MFT) software has been recognized with a 2025 Best Software Award from G2 in the Best IT Infrastructure Products category.

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image for news Progress MOVEit Recognized in G2's Best IT Infrastructure Products List for Third Consecutive Year
Progress to Report First Quarter 2025 Financial Results on March 31, 2025
PRGS
Published: March 17, 2025 by: GlobeNewsWire
Sentiment: Neutral

BURLINGTON, Mass.,, March 17, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will release financial results for its fiscal first quarter of 2025 after the market close on Monday, March 31, 2025.

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image for news Progress to Report First Quarter 2025 Financial Results on March 31, 2025
Progress Opens Applications for its 2025 Women in STEM Scholarship Series
PRGS
Published: March 06, 2025 by: GlobeNewsWire
Sentiment: Neutral

Empowering future women leaders in STEM, the scholarship series supports students in the U.S., Bulgaria and India on their journey to shape computer science, software engineering, IT or related fields BURLINGTON, Mass., March 06, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that applications are now open for the 2025 Progress Women in STEM Scholarship Series in celebration of International Women's Day.

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image for news Progress Opens Applications for its 2025 Women in STEM Scholarship Series
Progress Unveils Fully Managed Web Application Firewall for MOVEit Cloud to Bolster File Transfer Security and Support PCI 4.0 Compliance
PRGS
Published: March 04, 2025 by: GlobeNewsWire
Sentiment: Neutral

New functionality adds additional protection against cyber threats and supports compliance with evolving security standards for sensitive data transfers BURLINGTON, Mass., March 04, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the addition of Web Application Firewall (WAF) functionality to Progress® MOVEit® Cloud managed file transfer (MFT) solution.

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image for news Progress Unveils Fully Managed Web Application Firewall for MOVEit Cloud to Bolster File Transfer Security and Support PCI 4.0 Compliance
Progress Appoints Ed Keisling to the Role of Chief AI Officer
PRGS
Published: February 27, 2025 by: GlobeNewsWire
Sentiment: Neutral

Senior engineering leader to oversee Company's AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company's Chief AI Officer (CAIO).

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image for news Progress Appoints Ed Keisling to the Role of Chief AI Officer

About Progress Software Corporation (PRGS)

  • IPO Date 1991-07-30
  • Website https://www.progress.com
  • Industry Software - Application
  • CEO Mr. Yogesh K. Gupta
  • Employees 2815

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.