The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

PRGS

Concerning the House

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

United States · www.progress.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$753.41M+2.6%
Gross profit$622.93M+2.5%
Operating income$110.52M+5.3%
Net income$70.20M+2.8%
Cash from ops$235.19M+6.8%
Quotation

$44.73

+1.15 (+2.6%)

52w hi$46.87
52w lo$25.09
Vol483.04K
As ofAug 13
The Verdict

Hold

Our score +0.40

Short+0.09
Medium+0.60
Long+0.64

computed 2026-08-13

By the Numbers

Progress Software Corporation

Technology · Software - Infrastructure

Market cap$1.83B
Enterprise value$3.01B
Trailing P/E21.71x
Forward P/E7.18x
EV / EBITDA9.02x
P / S (ttm)1.83x
Profit margin8.9%
Return on equity18.6%
Revenue growth+6.8%
Earnings growth+28.2%
Debt / equity262.16
Risk Metrics
Beta vs SPX0.65
Corr SPX0.24
Annual vol44.4%
Annual ret-1.6%
Sharpe-0.04
Max DD-64.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.29
Sector+0.15
Technical+0.14
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$44.00$45.09$43.08$44.73483.04K
Aug 12$43.14$43.63$42.42$43.58319.20K
Aug 11$43.20$43.94$42.57$43.15390.80K
Aug 10$42.22$43.74$41.74$43.29361.40K
Aug 7$42.03$43.67$42.03$42.84290.20K