Inside the research
Progress Software Corporation
PRGS Research profile · latest available data
Price overview
$39.34
▼ -0.89 (-2.2%)
| 52w hi | $46.87 |
|---|---|
| 52w lo | $25.09 |
| Vol | 375.20K |
| As of | 25 Sep 2026 |
The Verdict
Our score +3.55
| Short | +6.30 |
|---|---|
| Medium | +2.16 |
| Long | +0.81 |
computed 2026-09-27
Key fundamentals
Progress Software Corporation
Technology · Software - Infrastructure
| Market cap | $1.61B |
|---|---|
| Enterprise value | $2.84B |
| Trailing P/E | 19.10x |
| Forward P/E | 6.10x |
| EV / EBITDA | 8.50x |
| P / S (ttm) | 1.61x |
| Profit margin | 8.9% |
| Return on equity | 18.6% |
| Revenue growth | +6.8% |
| Earnings growth | +28.2% |
| Debt / equity | 262.16 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.29 | |
| Sector | +0.19 | |
| Technical | +0.25 | |
| Earnings | +0.89 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 0.67 |
|---|---|
| Corr SPX | 0.24 |
| Annual vol | 45.4% |
| Annual ret | -8.8% |
| Sharpe | -0.19 |
| Max DD | -64.1% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-22 | Material Agreement, Earnings Release… | read |
| 2026-06-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-11 | Shareholder Vote | read |
| 2026-03-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-20 | Earnings Release, Reg FD Disclosure… | read |
| 2025-09-29 | Earnings Release, Reg FD Disclosure… | read |
| 2025-07-22 | Material Agreement, Termination of Agreement… | read |
| 2025-06-30 | Earnings Release, Reg FD Disclosure… | read |
| 2025-05-09 | Shareholder Vote | read |
| 2025-03-31 | Earnings Release, Reg FD Disclosure… | read |
| 2025-01-21 | Earnings Release, Reg FD Disclosure… | read |
| 2024-10-31 | Acquisition / Disposition, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-29 | Jarrett Loren | EVP/GM Digital Experience | Sell | 9.96K | $414.76K |
| 2026-07-29 | Jarrett Loren | EVP/GM Digital Experience | Sell | 1.78K | $74.02K |
| 2026-07-02 | DACIER PAUL T | Grant | 5.86K | $225.03K | |
| 2026-07-02 | Gawlick Rainer | Grant | 5.86K | $225.03K | |
| 2026-07-02 | EGAN JOHN R | Grant | 5.86K | $225.03K | |
| 2026-07-02 | VITALE VIVIAN M | Grant | 5.86K | $225.03K | |
| 2026-07-02 | Tucci Angela | Grant | 5.86K | $225.03K | |
| 2026-07-02 | Kane Charles Francis | Grant | 5.86K | $225.03K | |
| 2026-07-02 | KRALL DAVID | Grant | 5.86K | $225.03K | |
| 2026-07-02 | King Samskriti | Grant | 5.86K | $225.03K |
Flow & Concentration
| Insider 180d net | -$894.33K |
|---|---|
| Insider buys / sells | 0 / 3 |
| Insider bias | Neutral |
| 13F holders | 6 |
| Top-5 share | 100.0% |
| HHI | 4,690 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| AQR Capital Management | $35.00M | 1.04M |
| State Street Corp | $11.53M | 11.87M |
| Fidelity / FMR LLC | $4.66M | 4.88M |
| Citadel Advisors | $3.23M | 96.08K |
| Capital Research / Capital World | $21.04K | 22.00K |
| T. Rowe Price Group | $1.96K | 58.22K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| 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% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $40.16 | $40.77 | $39.31 | $39.34 | 375.20K |
| Sep 24 | $41.35 | $42.25 | $39.95 | $40.23 | 407.80K |
| Sep 23 | $40.74 | $41.32 | $40.13 | $41.03 | 315.40K |
| Sep 22 | $41.14 | $41.23 | $39.57 | $40.62 | 470.60K |
| Sep 21 | $40.25 | $40.63 | $39.79 | $40.41 | 417.00K |
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