Progress Software Corporation (PRGS) — Analyst outlook / Analyst consensus target is. Based on 13 analyst ratings, the consensus is bullish — 7 Buy, 5 Hold, 1 Sell.
The consensus price target is $45.00, representing an upside of 59.7% from the current price $28.18.
Analysts estimate Earnings Per Share (EPS) of $4.82 and revenue of $0.75B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $1.58 vs est $4.82 (missed -67.2%). 2025: actual $1.70 vs est $5.53 (missed -69.2%). Analyst accuracy: 0%.
PRGS Stock — 12-Month Price Forecast
$45.00
▲ +59.69% Upside
Average Price Target
Based on 13 Wall Street analysts offering 12-month price targets for Progress Software Corporation, the price target is $45.00.
The average price target represents a +59.69% change from the last price of $28.18.
PRGS Analyst Ratings
Buy
Based on 13 analysts giving stock ratings to Progress Software Corporation in the past 3 months
EPS Estimates — PRGS
0%
Analyst Accuracy
Inaccurate
2 years compared
Actual vs Estimate
2024
Actual $1.58
vs Est $4.82
▼ 204.7% off
2025
Actual $1.70
vs Est $5.53
▼ 225.1% off
Profitability Outlook
Company is profitable with solid earnings. EPS trend is improving. Analysts forecast meaningful EPS growth ahead.
Revenue Estimates — PRGS
100%
Analyst Accuracy
Accurate
2 years compared
Actual vs Estimate
2024
Actual $0.753B
vs Est $0.750B
▲ 0.5% off
2025
Actual $0.978B
vs Est $0.978B
▼ 0.0% off
Revenue Trend
Moderate revenue growth trend. Analysts forecast revenue contraction ahead.
