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PRGS
Stock ticker: NASDAQ
AS OF
Apr 25, 04:59 PM (EDT)
Price
$59.10
Change
+$0.03 (+0.05%)
Capitalization
2.3B

PRGS Progress Software Corp Forecast, Technical & Fundamental Analysis

Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences... Show more

PRGS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for PRGS with price predictions
Apr 24, 2025

PRGS in upward trend: price rose above 50-day moving average on April 22, 2025

PRGS moved above its 50-day moving average on April 22, 2025 date and that indicates a change from a downward trend to an upward trend. In of 57 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PRGS's RSI Oscillator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on PRGS as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PRGS just turned positive on April 23, 2025. Looking at past instances where PRGS's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for PRGS crossed bullishly above the 50-day moving average on April 11, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PRGS advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PRGS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PRGS broke above its upper Bollinger Band on April 01, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PRGS entered a downward trend on March 24, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.960) is normal, around the industry mean (30.787). P/E Ratio (33.611) is within average values for comparable stocks, (160.020). Projected Growth (PEG Ratio) (5.614) is also within normal values, averaging (2.707). Dividend Yield (0.013) settles around the average of (0.032) among similar stocks. P/S Ratio (3.393) is also within normal values, averaging (59.678).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PRGS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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PRGS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

PRGS is expected to report earnings to $1.30 per share on July 01

Progress Software Corp PRGS Stock Earnings Reports
Q2'25
Est.
$1.30
Q1'25
Beat
by $0.25
Q4'24
Beat
by $0.12
Q3'24
Beat
by $0.12
Q2'24
Beat
by $0.13
The last earnings report on March 31 showed earnings per share of $1.31, beating the estimate of $1.06. With 598.45K shares outstanding, the current market capitalization sits at 2.30B.
A.I.Advisor
published Dividends

PRGS paid dividends on September 16, 2024

Progress Software Corp PRGS Stock Dividends
А dividend of $0.17 per share was paid with a record date of September 16, 2024, and an ex-dividend date of August 30, 2024. Read more...
A.I. Advisor
published General Information

General Information

a developer of real-time data management software

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
15 Wayside Road
Phone
+1 781 280-4000
Employees
2284
Web
https://www.progress.com
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PRGS and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, PRGS has been loosely correlated with CLSK. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if PRGS jumps, then CLSK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PRGS
1D Price
Change %
PRGS100%
+1.22%
CLSK - PRGS
54%
Loosely correlated
-0.11%
COIN - PRGS
49%
Loosely correlated
+4.66%
RIOT - PRGS
47%
Loosely correlated
+3.87%
WK - PRGS
45%
Loosely correlated
+3.85%
AGYS - PRGS
45%
Loosely correlated
+4.66%
More