$39.34
2.21%
Nasdaq, Sep 25, 04:28 pm EDT. Closed.
ISIN
US7433121008
Symbol
PRGS

Progress Software Corporation Target price 2026 - Analyst rating & recommendation

Progress Software Corporation Classifications & Recommendation

Buy
92%
Hold
8%

Progress Software Corporation Price Target

Target Price $51.00
Price $39.34
Potential
Number of Estimates 9
9 Analysts have issued a price target Progress Software Corporation 2027 . The average Progress Software Corporation target price is $51.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 12 analysts: 11 Analysts recommend Progress Software Corporation to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Progress Software Corporation stock has an average upside potential 2027 of . Most analysts recommend the Progress Software Corporation stock at Purchase.

Sales and Margin forecast 2026, 2027 to 2033

Create a premium account to unlock analyst estimates. Learn more

Select at least one metric to display the chart.


Quarter Annually
Nov '25 2026
Estimates
Revenue Billion $ 0.98 1.02
29.79% 4.01%
EBITDA Margin 28.51% 39.74%
3.47% 39.40%
Net Margin 7.48% 25.52%
17.67% 241.23%

9 Analysts have issued a sales forecast Progress Software Corporation 2026 . The average Progress Software Corporation sales estimate is

$1.0b
unlock
. This is
1.32% higher
unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.1b 4.81%
unlock
, the lowest is
$975m 2.82%
unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2025 $978m 29.79%
2026
$1.0b 4.01%
unlock
2027
$1.0b 0.98%
unlock
2028
$1.0b 2.04%
unlock
2029
$1.0b 0.48%
unlock
2030
$1.1b 1.15%
unlock
2031
$1.1b 0.95%
unlock
2032
$1.1b 0.94%
unlock
2033
$1.1b 1.02%
unlock

4 Analysts have issued an Progress Software Corporation EBITDA forecast 2026. The average Progress Software Corporation EBITDA estimate is

$404m
unlock
. This is
39.25% higher
unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$416m 43.35%
unlock
, the lowest is
$388m 33.79%
unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2025 $279m 25.29%
2026
$404m 44.97%
unlock
2027
$408m 0.95%
unlock
2028
$416m 2.01%
unlock

EBITDA Margin

2025 28.51% 3.47%
2026
39.74% 39.40%
unlock
2027
39.72% 0.05%
unlock
2028
39.71% 0.03%
unlock

8 Progress Software Corporation Analysts have issued a net profit forecast 2026. The average Progress Software Corporation net profit estimate is

$260m
unlock
. This is
191.48% higher
unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$268m 200.43%
unlock
, the lowest is
$249m 179.63%
unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2025 $73.1m 6.85%
2026
$260m 254.89%
unlock
2027
$264m 1.83%
unlock
2028
$266m 0.58%
unlock

Net Margin

2025 7.48% 17.67%
2026
25.52% 241.23%
unlock
2027
25.73% 0.82%
unlock
2028
25.36% 1.44%
unlock

Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 to 2033

Create a premium account to unlock analyst estimates. Learn more

Select at least one metric to display the chart.


Quarter Annually
Nov '25 2026
Estimates
Earnings Per Share $ 1.66 6.28
7.79% 278.31%
P/E 6.26
EV/Sales 2.76

8 Analysts have issued a Progress Software Corporation forecast for earnings per share. The average Progress Software Corporation EPS is

$6.28
unlock
. This is
199.05% higher
unlock
than earnings per share in the financial year 2025. The highest EPS forecast is
$6.48 208.57%
unlock
, the lowest is
$6.03 187.14%
unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2025 $1.66 7.79%
2026
$6.28 278.31%
unlock
2027
$6.40 1.91%
unlock
2028
$6.43 0.47%
unlock

P/E ratio

Current 18.73 41.51%
2026
6.26 66.58%
unlock
2027
6.15 1.76%
unlock
2028
6.11 0.65%
unlock

Based on analysts' sales estimates for 2026, the Progress Software Corporation stock is valued at an EV/Sales of

and an P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.79 23.35%
2026
2.76 1.23%
unlock
2027
2.73 0.98%
unlock
2028
2.67 2.00%
unlock
2029
2.69 0.48%
unlock
2030
2.66 1.14%
unlock
2031
2.63 0.94%
unlock
2032
2.61 0.93%
unlock
2033
2.58 1.01%
unlock

P/S ratio

Current 1.61 22.77%
2026
1.59 1.31%
unlock
2027
1.57 0.98%
unlock
2028
1.54 2.00%
unlock
2029
1.55 0.47%
unlock
2030
1.53 1.14%
unlock
2031
1.52 0.94%
unlock
2032
1.50 0.93%
unlock
2033
1.49 1.01%
unlock

Current Progress Software Corporation Upgrades & Downgrades

Create a Premium account to unlock Upgrades/Downgrades. Learn more
Analyst Rating Action Date
DA Davidson
Locked
➜
Locked
Locked Aug 12 2026
DA Davidson
Locked
➜
Locked
Locked Jul 23 2026
Oppenheimer
Locked
➜
Locked
Locked Jul 01 2026
Guggenheim
Locked
➜
Locked
Locked Jul 01 2026
DA Davidson
Locked
➜
Locked
Locked Jul 01 2026
Citigroup
Locked
➜
Locked
Locked Apr 01 2026
Oppenheimer
Locked
➜
Locked
Locked Mar 31 2026
Analyst Rating Date
Locked
DA Davidson:
Locked
➜
Locked
Aug 12 2026
Locked
DA Davidson:
Locked
➜
Locked
Jul 23 2026
Locked
Oppenheimer:
Locked
➜
Locked
Jul 01 2026
Locked
Guggenheim:
Locked
➜
Locked
Jul 01 2026
Locked
DA Davidson:
Locked
➜
Locked
Jul 01 2026
Locked
Citigroup:
Locked
➜
Locked
Apr 01 2026
Locked
Oppenheimer:
Locked
➜
Locked
Mar 31 2026

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today