PROGRESS SOFTWARE CORP (PRGS) Stock Analyst Ratings
USA - NASDAQ:PRGS - US7433121008 - Common Stock
39.9 USD
+0.11 (+0.28%)
39.9 USD
0 (0%)
ChartMill assigns a Buy % Consensus number of 87% to PRGS. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 69.7. This target is 74.69% above the current price.
PRGS was analyzed by 12 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about PRGS.
In the previous month the buy percentage consensus was at a similar level.
PRGS was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2025-10-13 | Citigroup | Upgrade | Neutral -> Buy |
| 2025-09-30 | DA Davidson | Maintains | Buy -> Buy |
| 2025-09-30 | Jefferies | Maintains | Hold -> Hold |
| 2025-07-15 | Citigroup | Maintains | Neutral -> Neutral |
| 2025-07-01 | DA Davidson | Maintains | Buy -> Buy |
| 2025-07-01 | Wedbush | Reiterate | Outperform -> Outperform |
| 2025-04-14 | DA Davidson | Maintains | Buy -> Buy |
| 2025-04-01 | Guggenheim | Reiterate | Buy -> Buy |
| 2025-04-01 | Wedbush | Reiterate | Outperform -> Outperform |
| 2025-01-22 | Guggenheim | Reiterate | Buy -> Buy |
| 2025-01-21 | DA Davidson | Maintains | Buy -> Buy |
| 2025-01-17 | Guggenheim | Reiterate | Buy -> Buy |
| 2025-01-17 | Citigroup | Maintains | Neutral -> Neutral |
| 2025-01-06 | Jefferies | Maintains | Hold -> Hold |
| 2024-10-22 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2024-09-25 | Guggenheim | Maintains | Buy -> Buy |
| 2024-09-25 | DA Davidson | Maintains | Buy -> Buy |
| 2024-09-25 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2024-09-10 | DA Davidson | Maintains | Buy -> Buy |
| 2024-09-10 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-07-18 | Wedbush | Maintains | Outperform -> Outperform |
| 2024-06-26 | DA Davidson | Maintains | Buy -> Buy |
| 2024-06-26 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2024-06-26 | Jefferies | Maintains | Hold -> Hold |
| 2024-06-25 | Guggenheim | Reiterate | Buy -> Buy |
| 2024-03-28 | DA Davidson | Initiate | Buy |
| 2024-03-27 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2024-03-27 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-02-23 | Wedbush | Maintains | Outperform -> Outperform |
| 2023-09-28 | Wedbush | Reiterate | Outperform -> Outperform |
PROGRESS SOFTWARE CORP / PRGS FAQ
What is the price target for PRGS stock?
12 analysts have analysed PRGS and the average price target is 69.7 USD. This implies a price increase of 74.69% is expected in the next year compared to the current price of 39.9.
Can you provide the consensus rating for PROGRESS SOFTWARE CORP stock?
The consensus rating for PROGRESS SOFTWARE CORP (PRGS) is 86.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.
How many analysts cover PROGRESS SOFTWARE CORP (PRGS) stock?
The number of analysts covering PROGRESS SOFTWARE CORP (PRGS) is 12.