Progress Software Corporation (PRGS) Stock Analysis
Recovery setup
Technology · Software - Infrastructure
Sell if holding. Multiple concerning factors at $29.03: Leverage penalty (D/E 2.8): -1.5; Sector modifier (Technology): -0.8.
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... Read more
Sell if holding. Multiple concerning factors at $29.03: Leverage penalty (D/E 2.8): -1.5; Sector modifier (Technology): -0.8. Chart setup: Death cross but MACD improving, RSI 58. Score 5.9/10, high confidence.
Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 41d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Multiple concerning factors at $29.03: Leverage penalty (D/E 2.8): -1.5; Sector modifier (Technology): -0.8. Chart setup: Death cross but MACD improving, RSI 58. Prior stop was $26.96. Score 5.9/10, high confidence.
Take-profit target: $44.22 (+52.5% upside). Prior stop was $26.96. Stop-loss: $26.96.
Sector modifier (Technology): -0.8; Leverage penalty (D/E 2.8): -1.5; Elevated risk factors.
Progress Software Corporation trades at a P/E of 15.0 (forward 4.8). TrendMatrix value score: 8.5/10. Verdict: Sell.
13 analysts cover PRGS with a consensus score of 4.4/5. Average price target: $51.
What does Progress Software Corporation do?Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence...
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.