Evolution of the Average Target: Progress Software Corporation

Evolution of the Target Price: Progress Software Corporation

Changes in Analyst Recommendations: Progress Software Corporation

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07-01 Progress Software Reports 'Solid' Q2 Results, Oppenheimer Says MT
07-01 Oppenheimer Adjusts Progress Software Price Target to $50 From $57, Maintains Outperform Rating MT
03-31 Top Midday Decliners MT
03-31 Progress Software's Results Overshadowed by SaaS Backdrop, Wedbush Says MT
03-31 Oppenheimer Adjusts Price Target on Progress Software to $57 From $70, Maintains Outperform Rating MT
03-31 Wedbush Cuts Price Target on Progress Software to $45 From $65, Keeps Outperform Rating MT
01-21 Progress Software to Leverage AI Opportunities in FY2026, Wedbush Says MT
01-21 Wedbush Cuts Price Target on Progress Software to $65 From $75, Keeps Outperform Rating MT
13/10/25 Progress Software Shares Rise After Citigroup Upgrade MT
13/10/25 Citigroup Upgrades Progress Software to Buy From Neutral, $57 Price Target MT
30/09/25 Progress Software Posts 'Solid' Fiscal Q3, Lifts Guidance as AI Drives Momentum, Wedbush Says MT
01/07/25 Progress Software Shows Steady Q2 Execution, Oppenheimer Says MT
01/07/25 Progress Software Ramps Up AI Strategy Via Accretive Acquisitions, Wedbush Says MT
22/10/24 Oppenheimer Adjusts Price Target on Progress Software to $80 From $70, Maintains Outperform Rating MT
25/09/24 Progress Software Poised to Sustain Strong Performance Amid Stable Deal Flow, Wedbush Says MT
25/09/24 Wedbush Adjusts Price Target on Progress Software to $70 From $68, Maintains Outperform MT
25/09/24 Oppenheimer Adjusts Progress Software Price Target to $70 From $66, Maintains Outperform Rating MT
18/07/24 Wedbush Adjusts Price Target on Progress Software to $68 From $67, Maintains Outperform Rating MT
26/06/24 Jefferies Cuts Progress Software Price Target to $55 From $60, Maintains Hold Rating MT
27/03/24 JPMorgan Cuts Price Target on Progress Software to $63 From $65, Maintains Overweight Rating MT
23/02/24 Wedbush Lifts Progress Software's PT to $67 From $65, Says Well-Positioned for Solid Year; Keeps Outperform Rating MT
08/08/23 Citigroup Adjusts Price Target on Progress Software to $62 From $57, Maintains Neutral Rating MT
30/06/23 Oppenheimer Adjusts Progress Software Price Target to $66 From $63, Maintains Outperform Rating MT
30/03/23 Citigroup Raises Price Target on Progress Software to $57 From $54, Maintains Neutral Rating MT
29/03/23 Oppenheimer Adjusts Progress Software Price Target to $63 From $53, Maintains Outperform Rating MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+25.79%
+17.84%
+6.52%
+26.62%
+21.03%
+40.79%
+32.13%
+19.73%
+9.87%
+4.84%
Average +20.52%
Weighted average by Cap. +17.44%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
44.36USD
Average target price
55.80USD
Spread / Average Target
+25.79%
High Price Target
83.00USD
Spread / Highest target
+87.11%
Low Price Target
45.00USD
Spread / Lowest Target
+1.44%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

Oppenheimer
Wedbush
Citigroup
JPMorgan Chase
Guggenheim
Jefferies & Co.
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
44.36USD
Average target price
55.80USD
Spread / Average Target
+25.79%

Quarterly revenue - Rate of surprise

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  3. PRGS Stock
  4. Consensus Progress Software Corporation