Benzinga · Aug 12, 2026
DA Davidson Maintains Buy on Progress Software, Raises Price Target to $55
DA Davidson analyst Lucky Schreiner maintains Progress Software (NASDAQ:PRGS) with a Buy and raises the price target from $45 to $55.
PR
NASDAQ · PRGS
Progress Software Corporation
Technology · Software - Application
$44.36
Up+$1.15 (+2.66%)
Updated Aug 22, 2026, 2:34 AM
SID Score
5.3/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 1.95B
- P/E ratio
- 39.96
- Dividend yield
- 0.00%
- 52-week range
- $23.82 – $45.09
- Volume
- 439.97K
- Avg. volume
- 786.33K
Price performance
PRGS price history
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Stock researchCompany · Overview
PRGS research
Overview
Company profile and research snapshot.
Company profile
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $70.75
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 12, 2026 | DA Davidson | Buy | — |
| Jul 23, 2026 | DA Davidson | Buy | — |
| Jul 1, 2026 | Guggenheim | Buy | — |
| Jul 1, 2026 | DA Davidson | Buy | — |
| Jul 1, 2026 | Oppenheimer | Outperform | — |
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Yahoo · Aug 6, 2026
Progress Sitefinity Generative CMS Recognized for Content Marketing Innovation in 2026 MarTech Breakthrough Awards Program
9th Annual Program Honors the Marketing, Sales and AdTech Innovators Reshaping How Brands Engage, Convert and GrowLOS ANGELES, Aug. 06, 2026 (GLOBE NEWSWIRE) -- MarTech Breakthrough, a leading market intelligence organization tracking innovation across the global marketing, sales and advertising technology industry, today announced that Progress Software, an AI infrastructure software leader, has been selected as winner of the “AI-Powered Content Marketing Solution of the Year” in the 9th annual
Yahoo · Aug 5, 2026
PRGS vs. MSFT: Which Stock Is the Better Value Option?
PRGS vs. MSFT: Which Stock Is the Better Value Option?
Yahoo · Aug 5, 2026
Are Investors Undervaluing Progress Software (PRGS) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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