Progress Software Corporation (PRGS) Research
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
Market snapshot
- Symbol
- PRGS
- Price
- $29.68
- Day change
- -1.33%
- Market cap
- $1.2B
- P/E ratio
- 14.72x
- 52-week range
- 23.82-65.5
- Sector
- Technology
- Industry
- Software - Application
- Next earnings
- in 11 days
- Analyst price target
- $45.00
Recent news
- Progress Software Analysts Cut Their Forecasts After Q1 Results
Progress Software Corporation (NASDAQ: PRGS) reported better-than-expected earnings for the first quarter on Monday.
- Progress Software raises full-year outlook after delivering strong Q1 results
Progress Software (NASDAQ:PRGS) boosted its full-year 2026 outlook after reporting a strong first quarter, with revenue and earnings per share surpassing analyst expectations thanks to robust demand for AI-driven products and stable customer retention. The company posted revenue of approximately $248 million for the quarter ended February 28, representing a 4% increase year-over-year and slightly above consensus estimates.
- Progress Software raises full-year outlook after delivering strong Q1 results
Progress Software (NASDAQ:PRGS) boosted its full-year 2026 outlook after reporting a strong first quarter, with revenue and earnings per share surpassing...
Peer companies
Recent insider activity
- FOLGER ANTHONY — S-Sale (4074 shares) on 2026-05-19
- FOLGER ANTHONY — S-Sale (400 shares) on 2026-05-19
- WANG YUFAN STEPHANIE — S-Sale (1500 shares) on 2026-05-18
- WANG YUFAN STEPHANIE — S-Sale (3519 shares) on 2026-05-18
- Ainsworth John — M-Exempt (1709 shares) on 2026-04-01
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