Aug. 25, 2022 Price forecast | 2 weeks: 0.85% | 1 month: 2.07% | 3 months: 4.32%


PRGS stock forecast

Our latest prediction for Progress Software Corp.'s stock price was made on the Aug. 25, 2022 when the stock price was at 50.69$.

In the short term (2weeks), PRGS's stock price should outperform the market by 0.85%. During that period the price should oscillate between -4.24% and +4.23%.

In the medium term (3months), PRGS's stock price should outperform the market by 4.32%. During that period the price should oscillate between -9.26% and +13.79%.

Create a solid portfolio with PRGS

Add PRGS to your portfolio and optimize it!


About Progress Software Corp.

Progress provides the best products to develop, deploy and manage high-impact business applications. Its comprehensive product stack is designed to make technology teams more productive and it has a deep commitment to the developer community, both open source and commercial alike. With Progress, organizations can accelerate the creation and delivery of strategic business applications, automate the process by which apps are configured, deployed and scaled, and make critical data and content more accessible and secure-leading to competitive differentiation and business success. Over 1,700 independent software vendors, 100,000+ enterprise customers, and a three-million-strong developer community rely on Progress to power their applications.

At the moment the company generates 581M USD in revenues.

On its last earning announcement, the company reported a profit of 1.42$ per share.

The book value per share is 6.87$

Progress Software Corp. website


Three months stock forecastAug. 25, 2022


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
581M 84.80% 136M 23.41% 95M 1.42 0.35 46.10% 43M 6.87 - - -