Progress Software Corp

Progress Software Corp

Progress Software Corp develops and markets digital business applications.

Stock Performance Snapshot

Strong Buy

Analyst Rating

Analysts highly recommend buying Progress Software's stock with a target price of $69.33, indicating strong potential growth.

Above Average

Financial Health

Progress Software Corp is performing well with solid revenue, profits, and cash flow generation.

Below Average

Dividend

Progress Software Corp's dividend yield of 0.39% is below average, making it less appealing for dividend-seeking investors. If you invested $1000, you would be paid $3.90 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring PRGS

RegTech Stocks: What's Next After Bank Penalties

RegTech Stocks: What's Next After Bank Penalties

A record fine against a major Australian bank for serious misconduct highlights systemic failures in the financial sector. This event is expected to drive significant investment in governance, risk, and compliance (GRC) solutions as institutions race to meet stricter regulatory standards.

Published: September 15, 2025

Explore Basket
Earnings Over Headwinds

Earnings Over Headwinds

A carefully selected collection of companies showing exceptional earnings growth despite market challenges. These stocks were handpicked by our analysts for their ability to maintain strong performance even when facing trade tensions and economic uncertainty.

Published: July 2, 2025

Explore Basket

Why You’ll Want to Watch This Stock

📈

Recurring Revenue Shift

Progress has been moving customers toward subscription and cloud offerings, which can smooth revenues over time — though execution and adoption vary.

Product Modernisation Theme

Demand for modernising legacy systems and low-code tooling can support growth, balanced by competition and changing IT budgets.

🌍

Customer Retention Focus

Strong retention and enterprise relationships matter for profitability, but performance can fluctuate with broader economic cycles.

Why invest with Nemo?

Nemo Logo Fade
🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

MSFT

Microsoft Corporation

Microsoft is a tech company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

GOOG

Alphabet Inc. - Class C Shares

Alphabet Inc. - Class C Shares is a technology company that offers web-based services, digital media, cloud computing and other services.

GOOGL

Alphabet Inc (Google)

Alphabet - A is a technology company that offers web-based services, digital media, cloud computing and other services.

Frequently asked questions