Progress Software Corporation (PRGS)

US — Technology Sector
Peers: DV  PLUS  CXM  IE  PRCH  JAMF  EVTC  ADEA  LSPD  NTCT 

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Key Metrics & Ratings

  • symbol PRGS
  • Rev/Share 21.8695
  • Book/Share 11.112
  • PB 3.8688
  • Debt/Equity 1.7393
  • CurrentRatio 0.4359
  • ROIC 0.0557

 

  • MktCap 1853775659.0
  • FreeCF/Share 4.3343
  • PFCF 9.9493
  • PE 38.0767
  • Debt/Assets 0.3431
  • DivYield 0
  • ROE 0.1078

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade PRGS Citigroup Neutral Buy -- $57 Oct. 13, 2025

News

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 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.