PRGS Stock Summary and Trading Ideas (Progress Software | NASDAQ:PRGS)

Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.

What symbol and exchange does Progress Software shares trade?

Progress Software trades on the NASDAQ stock market under the symbol PRGS.

What is Progress Software stock price doing today?

As of April 2, 2026, PRGS stock price climbed to $25.76 with 1,622,742 million shares trading.

What is Progress Software's Beta?

PRGS has a beta of 0.55, meaning it tends to be less sensitive to market movements. PRGS has a correlation of 0.05 to the broad based SPY ETF.

How much is Progress Software worth?

PRGS has a market cap of $1.08 billion. This is considered a Small Cap stock.

How much money does Progress Software make?

Last quarter Progress Software reported $248 million in Revenue and $1.60 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.19.

What is the highest and lowest price Progress Software traded in the last 3 year period?

In the last 3 years, PRGS traded as high as $70.56 and as low as $23.82.

What are the top ETFs holding Progress Software?

The top ETF exchange traded funds that PRGS belongs to (by Net Assets): IJR, VTI, VGT, VB, VBR.

Is Progress Software (PRGS) a good investment?

PRGS has underperformed the market in the last year with a price return of -56.3% while the SPY ETF gained +17.5%. PRGS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -37.3% and -19.0%, respectively, while the SPY returned -3.7% and -0.1%, respectively.

What are the support and resistance levels for Progress Software (PRGS)?

PRGS support price is $24.07 and resistance is $26.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PRGS shares will trade within this expected range on the day.