46.04
price down icon4.24%   -2.04
after-market After Hours: 46.00 -0.04 -0.09%
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Progress Software Corp Stock (PRGS) Forecast

The Progress Software Corp (PRGS) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $42.26, representing a -8.20% decrease from the current price of $46.04. The highest analyst price target is $43.84, and the lowest is $40.69.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month PRGS Price Target
Average 48.32 (+4.95% Upside)
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Is Progress Software Corp (PRGS) A Buy Now?

Oscillators
Name Value Action
RSI(14) 27.15 Buy
STOCH(9,6) 42.98 Neutral
STOCHRSI(14) 37.40 Neutral
MACD(12,26) -2.5381 Buy
ADX(14) 40.44 Sell
William %R -97.95 Buy
CCI(14) -56.34 Neutral
Buy: 3 Sell: 1 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
48.92
Sell
48.76
Sell
MA20
49.32
Sell
50.53
Sell
MA50
56.98
Sell
54.46
Sell
MA100
57.36
Sell
56.71
Sell
MA200
60.19
Sell
57.30
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, PRGS could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 11 signaling Sell signals and 3 Neutral signals. This might not be a good time to consider opening new positions on PRGS, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 27.15 indicates that PRGS is oversold. This indicates that PRGS price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
  2. STOCH (Stochastic Oscillator): The STOCH value of 42.98 indicates that PRGS is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 37.4 indicates that PRGS is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 40.44 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -56.34 indicates that PRGS is still oversold but not to an extreme extent.

Long-term PRGS price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Progress Software Corp financial reports and earnings history, Progress Software Corp (PRGS) stock could reach $56.68 by 2030, $79.34 by 2040 and $80.32 by 2050. See the projected annual prices until 2050 of the Progress Software Corp stock below:

  • Progress Software Corp (PRGS) is expected to reach an average price of $68.01 in 2035, with a high prediction of $68.94 and a low estimate of $63.52. This indicates an $47.72% rise from the last recorded price of $46.04.
  • Progress Software Corp (PRGS) stock is projected to chart a bullish course in 2040, with an average price target of $76.34, representing an $65.80% surge from its current level. The forecast ranges from a conservative $75.12 to a sky-high $79.34.
  • Our analysts predict Progress Software Corp (PRGS) to jump 58.72% by 2045, soaring from $68.50 to an average price of $73.08, potentially reaching $76.21. While $68.50 is the low estimate, the potential upside is significant.
  • Progress Software Corp (PRGS) stock is expected to climb by 2050, reaching an average of $80.02, a $73.81% jump from its current level. However, a wide range of estimates exists, with high and low targets of $80.32 and $76.97, respectively, highlighting the market's uncertainty.

Progress Software Corp Stock (PRGS) Year by Year Forecast

Progress Software Corp Stock (PRGS) Price Forecast for 2025

Progress Software Corp Stock (PRGS) is expected to reach an average price of $46.85 in 2025, with a high prediction of $59.04 and a low estimate of $34.66. This indicates an +1.76% rise from the last recorded price of $46.04.
Month Average Low High Change from today's price
September, 2025 $43.53 $40.69 $43.84 -5.45%
October, 2025 $42.04 $42.02 $46.02 -8.69%
November, 2025 $43.35 $41.07 $45.52 -5.84%
December, 2025 $43.06 $42.32 $47.60 -6.48%

Progress Software Corp Stock (PRGS) Price Forecast for 2026

The predicted value for Progress Software Corp (PRGS) in 2026 is set at an average of $51.83. Estimates vary from a peak of $60.71 to a trough of $42.96, indicating an +12.58% surge from the present price of $46.04.
Month Average Low High Change from today's price
January, 2026 $47.76 $42.96 $47.98 +3.73%
February, 2026 $50.76 $46.56 $51.57 +10.25%
March, 2026 $50.86 $49.03 $55.95 +10.48%
April, 2026 $51.72 $46.64 $52.56 +12.34%
May, 2026 $50.61 $48.42 $52.52 +9.93%
June, 2026 $51.55 $47.82 $54.52 +11.98%
July, 2026 $51.05 $48.76 $54.17 +10.88%
August, 2026 $54.94 $49.60 $54.96 +19.34%
September, 2026 $52.67 $51.59 $55.10 +14.40%
October, 2026 $53.09 $50.42 $53.53 +15.32%
November, 2026 $53.40 $49.74 $54.27 +15.98%
December, 2026 $56.04 $51.15 $60.71 +21.72%

Progress Software Corp Stock (PRGS) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Progress Software Corp (PRGS) is $54.74, with a high forecast of $60.87 and a low forecast of $48.61. This indicates an +18.89% increase from the last price of $46.04.
Month Average Low High Change from today's price
January, 2027 $58.01 $55.11 $58.48 +26.01%
February, 2027 $59.36 $55.69 $60.87 +28.92%
March, 2027 $53.68 $52.71 $59.73 +16.60%
April, 2027 $52.83 $51.81 $56.63 +14.74%
May, 2027 $51.78 $49.07 $53.57 +12.46%
June, 2027 $51.21 $48.61 $52.97 +11.24%
July, 2027 $54.04 $49.22 $54.20 +17.37%
August, 2027 $55.38 $51.36 $57.67 +20.29%
September, 2027 $55.33 $52.02 $56.95 +20.17%
October, 2027 $53.92 $52.61 $57.92 +17.11%
November, 2027 $52.09 $51.07 $58.77 +13.14%
December, 2027 $56.60 $49.78 $56.83 +22.93%

Progress Software Corp Stock (PRGS) Price Forecast for 2028

In 2028, Progress Software Corp (PRGS) is projected to reach an average price of $58.17, with a high projection of $68.97 and a low estimate of $47.37. This indicates an +26.34% rise from the last price of $46.04.
Month Average Low High Change from today's price
January, 2028 $53.32 $53.21 $58.37 +15.81%
February, 2028 $49.59 $47.37 $55.10 +7.72%
March, 2028 $58.09 $49.74 $58.42 +26.17%
April, 2028 $60.22 $55.07 $60.52 +30.80%
May, 2028 $57.55 $56.01 $61.31 +25.00%
June, 2028 $59.05 $56.96 $61.28 +28.26%
July, 2028 $64.25 $57.92 $65.45 +39.56%
August, 2028 $63.33 $62.84 $66.13 +37.55%
September, 2028 $62.00 $61.01 $66.50 +34.67%
October, 2028 $61.39 $60.26 $65.04 +33.33%
November, 2028 $67.19 $60.73 $68.61 +45.94%
December, 2028 $65.28 $60.53 $68.97 +41.80%

Progress Software Corp Stock (PRGS) Price Forecast for 2029

The 2029 price forecast for Progress Software Corp Stock (PRGS) is $62.53 on average, with a high prediction of $69.56 and a low estimate of $55.51. This represents an +35.82% increase from the previous price of $46.04.
Month Average Low High Change from today's price
January, 2029 $67.26 $63.29 $67.28 +46.09%
February, 2029 $68.54 $65.37 $69.19 +48.88%
March, 2029 $63.97 $63.71 $69.56 +38.93%
April, 2029 $59.57 $58.41 $64.68 +29.38%
May, 2029 $59.51 $56.27 $60.98 +29.27%
June, 2029 $61.92 $59.10 $61.98 +34.49%
July, 2029 $61.58 $60.01 $63.41 +33.75%
August, 2029 $64.11 $59.08 $67.62 +39.24%
September, 2029 $63.80 $61.42 $65.37 +38.57%
October, 2029 $59.80 $59.30 $63.82 +29.90%
November, 2029 $57.75 $56.34 $61.16 +25.43%
December, 2029 $56.52 $55.51 $59.15 +22.76%

Progress Software Corp Stock (PRGS) Price Forecast for 2030

Progress Software Corp Stock (PRGS) is expected to reach an average price of $53.40 in 2030, with a high forecast of $65.58 and a low forecast of $41.22. This signifies an +15.99% surge from the last price of $46.04.
Month Average Low High Change from today's price
January, 2030 $54.22 $52.16 $56.68 +17.77%
February, 2030 $54.62 $52.15 $60.27 +18.63%
March, 2030 $54.74 $53.22 $57.65 +18.90%
April, 2030 $50.59 $49.79 $53.67 +9.88%
May, 2030 $51.11 $49.34 $55.09 +11.01%
June, 2030 $52.66 $49.75 $54.07 +14.37%
July, 2030 $54.12 $52.48 $55.91 +17.56%
August, 2030 $54.64 $53.16 $55.74 +18.68%
September, 2030 $56.32 $54.32 $56.61 +22.33%
October, 2030 $58.16 $56.55 $65.58 +26.33%
November, 2030 $44.57 $41.27 $58.77 -3.19%
December, 2030 $45.15 $41.22 $49.25 -1.94%
$104.14
price down icon 8.75%
software_infrastructure XYZ
$74.03
price down icon 4.18%
software_infrastructure ZS
$280.27
price down icon 1.85%
software_infrastructure NET
$200.11
price down icon 3.65%
$97.36
price down icon 2.54%
$618.65
price down icon 2.34%
Cap:     |  Volume (24h):