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
25-10-13 Progress Software Shares Rise After Citigroup Upgrade MT
25-10-13 Citigroup Upgrades Progress Software to Buy From Neutral, $57 Price Target MT
25-09-30 Progress Software Posts 'Solid' Fiscal Q3, Lifts Guidance as AI Drives Momentum, Wedbush Says MT
25-07-01 Progress Software Shows Steady Q2 Execution, Oppenheimer Says MT
25-07-01 Progress Software Ramps Up AI Strategy Via Accretive Acquisitions, Wedbush Says MT
24-10-22 Oppenheimer Adjusts Price Target on Progress Software to $80 From $70, Maintains Outperform Rating MT
24-09-25 Progress Software Poised to Sustain Strong Performance Amid Stable Deal Flow, Wedbush Says MT
24-09-25 Wedbush Adjusts Price Target on Progress Software to $70 From $68, Maintains Outperform MT
24-09-25 Oppenheimer Adjusts Progress Software Price Target to $70 From $66, Maintains Outperform Rating MT
24-07-18 Wedbush Adjusts Price Target on Progress Software to $68 From $67, Maintains Outperform Rating MT
24-06-26 Jefferies Cuts Progress Software Price Target to $55 From $60, Maintains Hold Rating MT
24-03-27 JPMorgan Cuts Price Target on Progress Software to $63 From $65, Maintains Overweight Rating MT
24-02-23 Wedbush Lifts Progress Software's PT to $67 From $65, Says Well-Positioned for Solid Year; Keeps Outperform Rating MT
23-08-08 Citigroup Adjusts Price Target on Progress Software to $62 From $57, Maintains Neutral Rating MT
23-06-30 Oppenheimer Adjusts Progress Software Price Target to $66 From $63, Maintains Outperform Rating MT
23-03-30 Citigroup Raises Price Target on Progress Software to $57 From $54, Maintains Neutral Rating MT
23-03-29 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
+39.12%
+16.03%
+10.81%
+24.08%
+42.14%
+41.81%
+54.35%
+3.75%
+39.42%
+6.7%
Average +27.82%
Weighted average by Cap. +17.08%


Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
40.11USD
Average target price
55.80USD
Spread / Average Target
+39.12%
High Price Target
83.00USD
Spread / Highest target
+106.93%
Low Price Target
45.00USD
Spread / Lowest Target
+12.19%

Analyst Consensus Detail

Consensus revision (last 18 months)

Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AAA
  1. Stock Market
  2. Stocks
  3. PRGS Stock
  4. Consensus Progress Software Corporation
-40%: Exceptional extension
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