Progress Software Corporation

Progress Software Corporation

PRGS·NASDAQ

$31.96

-6.1%
TechnologySoftware - Application

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS1.7000
P/E Ratio18.80
Earnings Date06/29/2026

prgs

Cash at End of Period

Last Annual Value

94.81M

3-Year CAGR

-28%

5-Year CAGR

-2%

10-Year CAGR

-9%

Progress Software Corporation

Progress Software Corporation Competitors Analysis of Cash at End of Period

PRGS · NASDAQ
CompanyCash at End of Period
CAGR 3Y
CAGR 5Y
CAGR 10Y
94.81M
-9.3%-9.4%-9.2% 
228.34M
-3.1%5.2%N/A
PLUS logo
ePlus inc.
NASDAQ:PLUS
410.77M
58.5%26.0%15.8%
ADEA logo
Adeia Inc.
NASDAQ:ADEA
73.14M
10.3%-18.3%1.1%
171.51M
-3.1%20.3%N/A
EVTC logo
EVERTEC, Inc.
NYSE:EVTC
348.13M
0.4%4.0%21.0%
457.42M
5.7%-0.4%8.1%
53.18M
-43.7%-30.3%N/A
260.03M
-5.7%3.2%N/A
Progress Software Corporation

Progress Software Corporation Fair Value Envelope

PRGS · NASDAQ

Our analysis suggests that PRGS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $31.96, this represents a potential HIDDEN relative to our calculated worth for Progress Software Corporation.

Intrinsic Value
Current Price: $31.96