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.
Progress Agentic RAG Wins 2026 AI Excellence Award for Retrieval-Augmented Generation: Progress Software’s Agentic RAG platform, consolidating unstructured data from over 60 formats into a governed AI knowledge layer, won the Retrieval-Augmented Generation category in the 2026 AI Excellence Awards. A European law firm using the platform empowered 300 professionals to handle thousands of inquiries monthly, cutting research time.
| Metric | Value |
|---|---|
| Price | $29.22 |
| Market Cap | $1.23B |
| P/E Ratio | 14.46 |
| EPS | $1.99 |
| Dividend Yield | 0.17% |
| 52-Week High | $70.56 |
| 52-Week Low | $23.82 |
| Volume | 595.66K |
| Avg Volume | 0 |
| Revenue (TTM) | $987.62M |
| Net Income | $85.00M |
| Gross Margin | 81.25% |
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.