Progress Software Corporation is a provider of artificial intelligence (AI)-powered infrastructure software. The Company provides software that enables organizations to develop and deploy their applications, as well as manage their data platforms, cloud and information technology infrastructure. Its global professional services organization delivers business solutions for customers through a combination of products, consulting and education. The Company's consulting organization offers project management, implementation services, custom software development, programming and other services. Its services include application modernization, infrastructure automation, development operations, data management and managed database services, performance enhancements and tuning, and analytics/business intelligence. Its products include OpenEdge, Chef, Kemp LoadMaster, MOVEit, DataDirect, WhatsUp Gold, Sitefinity, MarkLogic and Semaphore. Semaphore is a semantic artificial intelligence platform.

Employees

2,284

Sector

Software

Calendar

2025-01-20 - Q4 2024 Earnings Release

More about the company

Quotes

Date	Price	Change	Volume
25-01-17	62.94 $	-1.22%	473,697
25-01-16	63.72 $	+0.60%	439,554
25-01-15	63.34 $	+1.36%	440,461
25-01-14	62.49 $	+0.64%	499,749

Delayed Quote Nasdaq, January 17, 2025 at 04:00 pm EST

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Income Statement and Estimates

income-statement-evolution-chart PROGRESS-SOFTWARE-CORPORA

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Ratings

Trading Rating

Investor Rating

ESG MSCI

AAA

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

62.94USD

Average target price

75.14USD

Spread / Average Target

+19.39%

Consensus

Profit revisions

estimates-change-chart PROGRESS-SOFTWARE-CORPORA

Estimate revisions

Quarterly revenue - Rate of surprise

quality-estimates-chart PROGRESS-SOFTWARE-CORPORA

Company calendar

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-17 pm EST			5-day change	1st Jan Change
62.94 ^USD	-1.22%		+1.37%	-3.39%

Dec. 19	American Institute of CPAs Selects Progress Software Corporation as the Latest Addition to the American Institute of CPAs Member Discount Program, Offering Benefits for AICPA Members	CI
Nov. 26	Progress Unveils Fourth Quarter 2024 Release for Telerik and Kendo UI, Breaking New Ground in Design-to-Code Processes and Adding Support for .NET 9 and Angular 19	CI

Capitalization	2.7B 2.6B 2.45B 2.2B 3.87B 233B 4.31B 29.79B 11.04B 96.05B 10.13B 9.92B 420B	P/E ratio 2024 *	35.7x	P/E ratio 2025 *	25x
Enterprise value	4.12B 3.96B 3.74B 3.35B 5.89B 355B 6.57B 45.41B 16.83B 146B 15.44B 15.12B 641B	EV / Sales 2024 *	5.49x	EV / Sales 2025 *	4.1x
Free-Float	98.53%	Yield 2024 *	1.03%	Yield 2025 *	0.4%

American Institute of CPAs Selects Progress Software Corporation as the Latest Addition to the American Institute of CPAs Member Discount Program, Offering Benefits for AICPA Members	Dec. 19	CI
Progress Unveils Fourth Quarter 2024 Release for Telerik and Kendo UI, Breaking New Ground in Design-to-Code Processes and Adding Support for .NET 9 and Angular 19	Nov. 26	CI
Progress Unveils Native Next.js Support in Sitefinity, Offering Maximum Flexibility to Create and Scale Digital Experiences	Nov. 21	CI
Progress Software Corporation completed the acquisition of novel labs, Inc. from Citrix Systems, Inc.	24-10-30	CI
Progress Appoints Amanda Arria as Chief People Officer	24-10-28	CI
Oppenheimer Adjusts Price Target on Progress Software to $80 From $70, Maintains Outperform Rating	24-10-22	MT
Progress Software Insider Sold Shares Worth $537,916, According to a Recent SEC Filing	24-10-03	MT
Sector Update: Tech Stocks Mixed Late Afternoon	24-09-25	MT
Progress Software Shares Rise After Fiscal Q3 Earnings Beat	24-09-25	MT
Progress Software Poised to Sustain Strong Performance Amid Stable Deal Flow, Wedbush Says	24-09-25	MT
Sector Update: Tech Stocks Mixed Premarket Wednesday	24-09-25	MT
Wedbush Adjusts Price Target on Progress Software to $70 From $68, Maintains Outperform	24-09-25	MT
Oppenheimer Adjusts Progress Software Price Target to $70 From $66, Maintains Outperform Rating	24-09-25	MT

Oppenheimer Adjusts Price Target on Progress Software to $80 From $70, Maintains Outperform Rating	24-10-22	MT
Wedbush Adjusts Price Target on Progress Software to $70 From $68, Maintains Outperform	24-09-25	MT
Oppenheimer Adjusts Progress Software Price Target to $70 From $66, Maintains Outperform Rating	24-09-25	MT
Wedbush Adjusts Price Target on Progress Software to $68 From $67, Maintains Outperform Rating	24-07-18	MT
Jefferies Cuts Progress Software Price Target to $55 From $60, Maintains Hold Rating	24-06-26	MT

Progress Software Corporation Stock

Equities

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US7433121008

Software

Valuation: Progress Software Corporation

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Quotes and Performance

Course Extremes

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ETFs: Progress Software Corporation

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Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Quarterly revenue - Rate of surprise

Progress Once Again Honored as a Top Place to Work and Socially Responsible Organization by Prestigious Publications Including The Boston Globe and Newsweek	Jan. 13	GL
Progress Software to Report Fourth Quarter and Fiscal 2024 Financial Results on January 21, 2025	Jan. 07	GL
Progress Software to Report Fourth Quarter and Fiscal 2024 Financial Results on January 21, 2025	Jan. 07	AQ
Progress ShareFile Selected as the Latest Addition to the American Institute of CPAs (AICPA) Member Discount Program, Offering Benefits for AICPA Members	Dec. 19	GL
Progress ShareFile Selected as the Latest Addition to the American Institute of CPAs (AICPA) Member Discount Program, Offering Benefits for AICPA Members	Dec. 19	AQ

Vol de données chez UBS et DSM-Firmenich	Nov. 15
MÄRKTE USA/Dow und S&P-500 mit leichten Abgaben nach jüngster Rekordjagd	24-09-25
MÄRKTE USA/Uneinheitlich nach jüngster Rekordjagd	24-09-25
MÄRKTE USA/Wall Street gut behauptet zu Handelsbeginn	24-09-25
MÄRKTE USA/Wall Street zurückhaltend zum Start erwartet	24-09-25

1 day	-1.22%
1 week	+1.37%
Current month	-3.39%
1 month	-5.18%
3 months	-4.51%
6 months	+13.32%
Current year	-3.39%

Director	Title	Age	Since
Yogesh K. Gupta CEO	Chief Executive Officer	64	2016-10-09
Anthony Folger DFI	Director of Finance/CFO	52	2020-01-30
YuFan Wang CMP	Compliance Officer	42	-

Manager	Title	Age	Since
Charles Kane BRD	Director/Board Member	67	2006-11-08
David Krall BRD	Director/Board Member	64	2008-02-04
John Egan CHM	Chairman	67	2012-12-09

Name	Weight	AuM	1st Jan change	Investor Rating
DIREXION WORK FROM HOME ETF - USD	2.48%	25 M€	+2.84%
HARTFORD LONGEVITY ECONOMY ETF - USD	0.74%	12 M€	+2.71%
ROYCE QUANT SMALL-CAP QUALITY VALUE ETF - USD	0.46%	27 M€	+1.88%	-

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
PROGRESS SOFTWARE CORPORATION	-1.22%	+1.37%	+8.70%	+41.47%	2.7B
MICROSOFT CORPORATION	+1.05%	+2.84%	+7.62%	+42.25%	3,190B
PALANTIR TECHNOLOGIES INC.	+3.65%	+10.45%	+327.71%	+390.90%	163B
CADENCE DESIGN SYSTEMS, INC.	+2.24%	+4.48%	+4.61%	+103.31%	83.81B
SYNOPSYS, INC.	+2.11%	+8.06%	+1.82%	+69.93%	81.42B
SEA LIMITED	+3.09%	+7.68%	+216.15%	-32.33%	66.1B
ATLASSIAN CORPORATION	-0.74%	+6.82%	+3.87%	-13.37%	65.72B
DASSAULT SYSTÈMES SE	+0.29%	+2.44%	-24.59%	-24.69%	47.49B
ROBLOX CORPORATION	+0.41%	+6.78%	+69.37%	-13.08%	43B
CAMBRICON TECHNOLOGIES CORPORATION LIMITED	+4.43%	-14.02%	+369.49%	+584.25%	35.33B
Average	+1.53%	+2.74%	+98.47%	+114.86%	377.89B
Weighted average by Cap.	+1.23%	+2.70%	+28.54%	+60.61%

	2024 *	2025 *
Net sales	750M 721M 681M 609M 1.07B 64.63B 1.2B 8.27B 3.06B 26.66B 2.81B 2.75B 117B	945M 908M 858M 768M 1.35B 81.45B 1.51B 10.42B 3.86B 33.6B 3.54B 3.47B 147B
Net income	79.74M 76.68M 72.39M 64.83M 114M 6.87B 127M 880M 326M 2.84B 299M 293M 12.41B	96.23M 92.53M 87.36M 78.24M 138M 8.3B 154M 1.06B 393M 3.42B 361M 353M 14.98B
Net Debt	1.42B 1.36B 1.29B 1.15B 2.03B 122B 2.26B 15.62B 5.79B 50.37B 5.31B 5.2B 220B	1.18B 1.13B 1.07B 957M 1.69B 102B 1.88B 12.99B 4.81B 41.88B 4.42B 4.33B 183B