Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
CEO: Yogesh K. Gupta. Company website
Progress Software Corporation (PRGS) trades at $40.11, down 1.81% on the day, as of Sep 20, 2026 14:56 UTC.
Progress Software Corporation has a market capitalisation of $1.65B, calculated from the live PRGS share price and shares outstanding.
PRGS trades at a trailing P/E of 19.47, from earnings per share of $2.06 over the last twelve months.
Progress Software Corporation generated revenue of $1.00B over the trailing twelve months, which puts the stock at 1.64 times sales.
PRGS has traded between $23.82 and $47.37 over the past 52 weeks, and the last price is 15.3% below that high.
Yes. Progress Software Corporation keeps 8.87% of revenue as net income over the trailing twelve months.
Wall Street analysts rate PRGS Buy, with an average price target of $52.50, 30.9% above the current price.
Progress Software Corporation is classified under the Technology sector and the Software - Infrastructure industry, and is domiciled in US.
Yogesh K. Gupta is the chief executive of Progress Software Corporation, which employs 2,801 people.
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