PRGS Stock Analysis: Buy, Sell, or Hold?
PRGS - Progress Software Corp (DE)
$31.36
-0.11 (-0.35%)
▼
5d:
+0.64%
30d:
+17.01%
90d:
-6.69%
BUY
MODERATE Confidence
Analysis Updated: Jun 12, 2026 12:00 AM ET
Earnings: Jun 29, 2026
13d
Get Alerted When PRGS Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
💡 BUY OPPORTUNITY: PRGS shows positive signals but monitor for confirmation. Market pricing in 4.9% decline. Moderate conviction.
💡 BUY OPPORTUNITY: PRGS shows positive signals but monitor for confirmation. Market pricing in 4.9% decline. Moderate conviction.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$41.44
Based on 2.7% avg growth
INTRINSIC VALUE TODAY
$25.73
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 6.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: PRGS is currently trading at $31.36, which is considered slightly high relative to its 30-day fair value range of $28.21 to $32.35. From a valuation perspective, the stock is trading at a discount (Forward PE: 5.2) compared to its historical average (6.0). Remarkably, the market is currently pricing in an annual earnings decline of 4.9% over the next few years. This pessimistic expectation contrasts with the company's recent 120.8% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, PRGS is in a strong downtrend. Immediate support is located at $29.23, while resistance sits at $35.38.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $50.83 (+61.5%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, PRGS is in a strong downtrend. Immediate support is located at $29.23, while resistance sits at $35.38.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $50.83 (+61.5%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY HIGH
Historical Trading Range
$28.21 -
$32.35
Company Quality Score
57/100
(HOLD)
Options IV Signal
39th percentile
(NORMAL)
Volume Confirmation
HIGH
Confidence Score
66.2%
All Signals
- NEUTRAL: Options fairly priced (IV 39th percentile)
- NEUTRAL: Mixed technical signals (55/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 61.5% below Wall St target ($50.83)
Trading Range Analysis
30-Day Trading Range
$28.21 -
$32.35
Current vs Trading Range
SLIGHTLY HIGH
Expected Move (7 Days)
±$2.79
(8.9%)
Support & Resistance Levels
Support Level
$29.23
Resistance Level
$35.38
Current Trend
Strong Downtrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
5.19
Wall Street Target
$50.83
(+61.5%)
Revenue Growth (YoY)
4.1%
Earnings Growth (YoY)
120.8%
Profit Margin
8.6%
Valuation Discount vs History
-4.9% cheaper
PE vs Historical
5.2 vs 6.0
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-4.9%
(market-implied from PE analysis)
1-Year Target
$29.93
(-5%)
2-Year Target
$28.46
(-10%)
3-Year Target
$27.07
(-14%)
3-Yr Target (if PE normalizes)
(PE: 5→6)
$31.28
(-1%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.9, Growth: 1.3%)
$138.20
(+339%)
Base:
(SPY PE: 5.2, Growth: 1.3%)
$32.74
(+4%)
Bear:
(PE: 4.4, Growth: 1.3%)
$27.83
(-12%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (16x PE), but valuation improves significantly next year (5x PE) as earnings recover.
Trailing PE: 16.20 | Current EPS (TTM): $1.95
Bull Case
$69.50
(+121%)
Analyst growth 100.0%, PE expands to 17.8
Base Case
$63.18
(+101%)
Market implied 100.0%, PE stable at 16.2
Bear Case
$21.48
(-32%)
Severe decline -20.0%, PE contracts to 13.8
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 5.2 to 6.0
Stabilization Target:
$36.36
(+15.6%)
PE Expansion Potential:
+15.6%
Share & Embed Analysis
Last updated: June 15, 2026 1:41 PM ET
Data refreshes hourly during market hours. Next update: 2:41 PM
Data refreshes hourly during market hours. Next update: 2:41 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is PRGS showing a specific setup today?
Insider Activity (6 Months)
0
Buys
5
Sells
Net
INSIDERS SELLING
Recent Transactions
Kevin Hern
SELL
2026-03-16
Sundar Subramanian
SELL
1600 shares
2026-03-11
Sundar Subramanian
SELL
21594 shares
2026-03-10
Top Rated Software - Infrastructure Stocks
Top-rated stocks in Software - Infrastructure by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
S
SentinelOne Inc |
STRONG BUY
36 analysts |
$19 | 56 HOLD |
|
PANW
Palo Alto Networks Inc |
STRONG BUY
52 analysts |
$310 | 57 HOLD |
|
TWLO
Twilio Inc |
BUY
31 analysts |
$197 | 57 HOLD |
|
OKTA
Okta Inc |
BUY
45 analysts |
$119 | 57 HOLD |
|
TOST
Toast Inc |
BUY
29 analysts |
$34 | 57 HOLD |
Advanced PRGS Option Strategies
Professional options setups generated by AI based on today's PRGS price and gamma walls.
