Rating Change
Guggenheim analysts reiterated a Buy rating on Progress Software Corporation (NASDAQ:PRGS) on July 01, 2026.
reiterateNASDAQ:PRGS
Guggenheim Reiterates Buy Rating on Progress Software Corporation (PRGS)
Rating Change Guggenheim analysts reiterated a Buy rating on Progress Software Corporation (NASDAQ:PRGS) on July 01, 2026. Market Context Progress Software Corporation operates in…
Market Context
Progress Software Corporation operates in the Technology sector. The stock currently trades at $39.16 with a market capitalization of $1.9B.
Analyst coverage from Guggenheim provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Progress Software Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Progress Software Corporation
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 01, 2026 | Guggenheim | Buy | N/A |
| Jul 01, 2026 | DA Davidson | Buy | N/A |
| Jul 01, 2026 | Oppenheimer | Outperform | N/A |
| Apr 01, 2026 | Citigroup | Buy | N/A |
| Mar 31, 2026 | Jefferies | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View PRGS Stock Page
Frequently Asked Questions
What does a Buy rating mean for PRGS?
A Buy rating from Guggenheim reflects the analyst's outlook on Progress Software Corporation (NASDAQ:PRGS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the PRGS forecast page.