Progress Software
Stock Forecast, Prediction & Price Target

Progress Software (PRGS) stock Price Target by analysts

Last Year
Average Price Target

$74.5

Potential upside: 65.00%

Based on 3 analysts

Progress Software price prediction

Strike.market

What is Progress Software stock analysts` prediction?

Progress Software stock forecast: Based on 3 Wall Street analysts` predicted price targets for Progress Software in the last 3 months, the avarage price target is $74.5, with a high forecast of $NaN. The average price target represents a 65.00% change from the last price of $45.15.

Disclaimer: This is not investment advice. Don't use price targets as the only investment indicator. Always remember to do your own thorough research and due diligence before making an investment decision.

Progress Software stock Price Target by analysts

Full breakdown of analysts given Progress Software price targets

Analyst name & company
Analyst win rate
Publish date
Price target
Price when posted
Source Historical targets
Ittai Kidron
Oppenheimer
0%
0/3
11 months ago $80 77.18% upside $65.38 StreetInsider
Previous targets (2)
John DiFucci
Guggenheim
0%
0/1
12 months ago $78 72.75% upside $67.01 TheFly
Previous targets (0)
Lucky Schreiner
D.A. Davidson
0%
0/2
about 1 year ago $70 55.03% upside $64.24 TheFly
Previous targets (1)
Ittai Kidron
Oppenheimer
0%
0/3
about 1 year ago $70 55.03% upside $57.15 TheFly
Previous targets (2)
Daniel Ives
Wedbush
0%
0/1
about 1 year ago $68 50.60% upside $56.95 Benzinga
Previous targets (0)
Brent Thill
Jefferies
50%
1/2
over 1 year ago $55 21.81% upside $48.7 TheFly
Previous targets (1)
Lucky Schreiner
D.A. Davidson
0%
0/2
over 1 year ago $65 43.96% upside $52.63 StreetInsider
Previous targets (1)
Ittai Kidron
Oppenheimer
0%
0/3
over 1 year ago $66 46.17% upside $52.48 Benzinga
Previous targets (2)
Raymond McDonough
Guggenheim
0%
0/1
over 2 years ago $64 41.75% upside $55.47 Benzinga
Previous targets (0)
Brent Thill
Jefferies
50%
1/2
about 3 years ago $52 15.17% upside $46.67 TheFly
Previous targets (1)

Progress Software Financial Estimates

Progress Software Revenue Estimates

Progress Software EBITDA Estimates

Progress Software Earnings per Share Estimates

Passed Analyst forecast
Metric 11/30/2021 11/30/2022 11/30/2023 11/30/2025 11/30/2026
Revenue
 
% change YoY
$531.31M
 
N/A
$602.01M
 
13.30%
$694.43M
 
15.35%
Avg: $759.26M
Low: $740.95M
High: $773.63M
avg. 9.33%
Avg: $780.56M
Low: $769.47M
High: $788.34M
avg. 2.80%
Net Income
 
% change YoY
$78.42M
 
N/A
$95.06M
 
21.23%
$70.19M
 
-26.16%
Avg: $109.77M
Low: $101.37M
High: $126.82M
avg. 56.38%
Avg: $122.42M
Low: $130.98M
High: $135.18M
avg. 11.52%
EBITDA
 
% change YoY
$198.10M
 
N/A
$198.39M
 
0.15%
$213.38M
 
7.55%
Avg: $272.78M
Low: $266.19M
High: $277.94M
avg. 27.83%
Avg: $280.43M
Low: $276.44M
High: $283.22M
avg. 2.80%
EPS
 
% change YoY
$1.79
 
N/A
$2.19
 
22.34%
$1.62
 
-26.02%
Avg: $2.52
Low: $2.27
High: $2.84
avg. 55.44%
Avg: $2.99
Low: $2.93
High: $3.03
avg. 18.66%
Operating Expenses
 
% change YoY
$326.35M
 
N/A
$380.67M
 
16.64%
$457.33M
 
20.13%
Avg: $271.96M
Low: $265.39M
High: $277.10M
avg. -40.53%
Avg: $279.58M
Low: $275.61M
High: $282.37M
avg. 2.80%

FAQ

What is Progress Software stock earnings growth forecast?

Wall Street analysts estimate the annual average earnings growth rate of 33.95% in 2025-2026.

We have gathered data from 5 analysts. Their low estimate is 101.37M, average is 109.77M and high is 126.82M.

What is Progress Software stock revenue growth forecast?

Wall Street analysts forecast annual average revenue growth of 6.06% in 2025-2026.

We have gathered data from 6 analysts. Their low revenue estimate is $740.95M, average is $759.26M and high is $773.63M.

What is Progress Software stock earnings per share growth forecast?

Wall Street analysts forecast annual average earnings growth of 37.05% in 2025-2026.

We have gathered data from 5 analysts. Their low earnings per share estimate is $2.27, average is $2.52 and high is $2.84.

What is the best performing analyst?

In the last twelve months 3 analysts have been covering Progress Software stock. The most successful analyst is Ittai Kidron.