PRGS (Progress Software Corp (DE)) Stock Analysis - AI Report

Progress Software Corp (DE) (PRGS) is a publicly traded Technology sector company. As of May 20, 2026, PRGS trades at $29.22 with a market cap of $1.23B and a P/E ratio of 14.46. PRGS moved +0.76% today. Year to date, PRGS is -29.41%; over the trailing twelve months it is -53.90%. Its 52-week range spans $23.82 to $70.56. Analyst consensus is strong buy with an average price target of $52.50. Rallies surfaces PRGS's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What is the AI research view on PRGS?

Rallies AI research for PRGS combines live market data, fundamentals, news, analyst context, hedge fund holdings, politician trades, insider activity, and risk factors into a ticker-specific research workflow.

PRGS Key Metrics

Key financial metrics for PRGS
MetricValue
Price$29.22
Market Cap$1.23B
P/E Ratio14.46
EPS$1.99
Dividend Yield0.17%
52-Week High$70.56
52-Week Low$23.82
Volume595.66K
Avg Volume0
Revenue (TTM)$987.62M
Net Income$85.00M
Gross Margin81.25%

Latest PRGS News

Recent PRGS Insider Trades

  • Subramanian Sundar sold 1.60K (~$61.25K) on Mar 11, 2026.
  • Subramanian Sundar sold 16.43K (~$615.68K) on Mar 10, 2026.
  • Subramanian Sundar sold 5.17K (~$197.33K) on Mar 10, 2026.

PRGS Analyst Consensus

6 analysts cover PRGS: 0 strong buy, 5 buy, 1 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $52.50.

Common questions about PRGS

What is the AI research view on PRGS?
Rallies AI research for PRGS combines live market data, fundamentals, news, analyst context, hedge fund holdings, politician trades, insider activity, and risk factors into a ticker-specific research workflow.
What data powers the Rallies AI report for PRGS?
Rallies AI research for PRGS combines live market data, financials, news, analyst context, hedge fund ownership, politician disclosures, insider activity, and risk factors.
Is PRGS research on Rallies investment advice?
No. Rallies provides research, data, and educational context for PRGS. It does not provide personalized investment advice.
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