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
+33.83%
+45.38%
+44.43%
+9.45%
+1.2%
-3.83%
+26.54%
+26.36%
+16.83%
+19.18%
Average +21.94%
Weighted average by Cap. +40.18%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
37.86USD
Average target price
50.67USD
Spread / Average Target
+33.83%
High Price Target
83.00USD
Spread / Highest target
+119.23%
Low Price Target
40.00USD
Spread / Lowest Target
+5.65%

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
6
Last Close Price
37.86USD
Average target price
50.67USD
Spread / Average Target
+33.83%

Quarterly revenue - Rate of surprise

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  3. PRGS Stock
  4. Consensus Progress Software Corporation