Progress Software Corp /Ma (PRGS) Stock Price & Analysis
Progress Software Corp /Ma (PRGS) rose 0.83% to USD 31.42 as of June 10, 2026 at 02:34 UTC, according to Nexqual real-time market data.
PRGS last closed at USD 31.16; the session ranged USD 30.27–31.57 on volume of 468,757 shares. Market capitalization is $1.32B, with a 52-week range of USD 23.82–65.5 (NMS). Source: Nexqual, June 10, 2026 at 02:34 UTC.
Key Statistics (as of June 10, 2026 at 02:34 UTC)
| Price | USD 31.42 |
|---|---|
| Change | ▲ 0.83% (up) |
| Previous Close | USD 31.16 |
| Open | USD 31.16 |
| Day Range | USD 30.27 – 31.57 |
| 52-Week Range | USD 23.82 – 65.5 |
| Volume | 468,757 shares |
| Market Cap | $1.32B |
| Exchange | NMS |
Technical Analysis (PRGS)
Nexqual's technical model rates PRGS "STRONG BUY" based on 5 bullish and 0 bearish signals across 124 daily candles, as of June 10, 2026 at 02:34 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 53.04 (neutral) |
| vs SMA50 | Above (USD 29.1) |
| MACD | 0.78 (positive) |
Analyst Ratings (PRGS)
Wall Street analysts rate PRGS "None" based on 6 analysts, with a mean price target of USD 50.83 (range USD 34–83), per Nexqual as of June 10, 2026 at 02:34 UTC.
| Consensus Rating | None |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 50.83 |
| High Target | USD 83 |
| Low Target | USD 34 |
| Buy / Hold / Sell | 5 / 1 / 0 |
Earnings (PRGS)
| Next Earnings Date | 2026-06-29 |
|---|---|
| EPS Estimate | USD 1.49 |
| Revenue Estimate | $242.74M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-02-28 | USD 1.6 vs est 1.57 ▲ beat |
| 2025-11-30 | USD 1.51 vs est 1.31 ▲ beat |
| 2025-08-31 | USD 1.5 vs est 1.3 ▲ beat |
| 2025-05-31 | USD 1.4 vs est 1.3 ▲ beat |
Source: Nexqual, June 10, 2026 at 02:34 UTC.
Financials & Fundamentals (PRGS)
| Total Revenue | $987.61M |
|---|---|
| Revenue Growth (YoY) | +4.10% |
| Gross Margin | +85.25% |
| Operating Margin | +19.91% |
| Profit Margin | +8.61% |
| ROE | +18.27% |
| Debt / Equity | 275.77 |
| Current Ratio | 0.47 |
| Total Cash | $113.17M |
| Total Debt | $1.38B |
| Free Cash Flow | $247.74M |
Source: Nexqual, June 10, 2026 at 02:34 UTC.
Financial Health Score (PRGS)
Nexqual rates Progress Software Corp /Ma's overall financial health "Solid" across five dimensions, as of June 10, 2026 at 02:34 UTC.
| Growth | Strong — Revenue +30% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 85%, operating 20% |
| Balance Sheet | Critical — $113M cash vs $1.38B debt |
| Cash Flow | Strong — FCF $248M, 25% margin |
| Efficiency | Solid — ROE 18%, ROA 4.7% |
Ownership (PRGS)
| Insider Ownership | +2.12% |
|---|---|
| Institutional Ownership | +107.43% |
| Shares Outstanding | 42.08M |
| Float | 41.59M |
| Short % of Float | +14.48% |
Source: Nexqual, June 10, 2026 at 02:34 UTC.
Leadership (PRGS)
Progress Software Corp /Ma is led by Yogesh K. Gupta (age 64), CEO, President & Director, per Nexqual as of June 10, 2026 at 02:34 UTC.
| CEO, President & Director | Yogesh K. Gupta (age 64) |
|---|---|
| Executive VP, CFO & Treasurer | Anthony Folger (age 53) |
| Senior Vice President of Investor Relations | Michael Micciche |
| Chief Marketing Officer | Jennifer Ortiz (age 48) |
| Executive Vice President of Corporate Development | Jeremy Segal (age 53) |
Major Backers & Investors (PRGS)
Notable institutional backers of Progress Software Corp /Ma include Boston Trust Walden Corporation, Arrowstreet Capital, Limited Partnership, Manufacturers Life Insurance Co., according to Nexqual as of June 10, 2026 at 02:34 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Boston Trust Walden Corporation | 4.09% |
| Arrowstreet Capital, Limited Partnership | 2.9% |
| Manufacturers Life Insurance Co. | 2.54% |
| LSV Asset Management | 2.35% |
| John Hancock Investment Trust-Small Cap Core Fund | 2.02% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 25.02% |
| Vanguard Group | 22.35% |
| State Street | 4.19% |
| Dimensional Fund Advisors | 2.93% |
| Geode Capital | 2.58% |
Source: Nexqual, June 10, 2026 at 02:34 UTC.
From Progress Software Corp /Ma's Latest SEC 10-K Filing (filed 2026-01-20)
Key Strengths & Strategy (as disclosed to the SEC)
- 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.
- 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.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BLKB | Blackbaud, Inc. | USD 27.86 | ▼ 1.59% |
| NTCT | NetScout Systems, Inc. | USD 40.15 | ▼ 1.08% |
| MANH | Manhattan Associates, Inc. | USD 146.54 | ▼ 0.75% |
| CVLT | Commvault Systems, Inc. | USD 121.77 | ▲ 2.6% |
| ACIW | ACI Worldwide, Inc. | USD 42.64 | ▼ 0.37% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 10, 2026 at 02:34 UTC. This page is informational and not investment advice.