Progress Software Stock Forecast for 2023 - 2025 - 2030

Updated on 02/04/2023

Stock Rating
10
Price Target
$57.00
Consensus
Outperform
Upside
0.58%
Analysts
5
Stock Rating
10
Upside
0.58%
Analysts
5
Price Target
$57.00

Progress Software Stock Forecast and Price Target

In recent months, five notable analysts have provided yearlong price targets for Progress Software, with the average target coming in at $57.00. If it were to be achieved, this would result in a potential upside of approximately 0.58 percent from the most recent closing price in February, 2023. The high end is $70.00, and the low is $52.00. Even if you are not interested in PRGS stock, you should still be aware of its competitors.

$57.00

0.58% Upside

Outperform
Outperform

Progress Software Fair Value Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's Price has increased by 43.87%, going from $36.45 to $52.44. The next year, 0 experts forecast that Progress Software's Fair Value will decrease by 17.75%, reaching $43.13. In 2030, professionals predict that Progress Software's Fair Value will decrease by 15.57%, reaching $44.27.

2022 Fair Value Forecast
$43.13
2023 Fair Value Forecast
$41.47
2024 Fair Value Forecast
$42.22
2025 Fair Value Forecast
$45.57
2026 Fair Value Forecast
$44.80
2027 Fair Value Forecast
$43.69
2028 Fair Value Forecast
$43.24
2029 Fair Value Forecast
$44.01
2030 Fair Value Forecast
$44.27
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MSFT Stock Forecast Microsoft Outperform 18
$258.35 $285.81 8.38%
AMZN Stock Forecast Amazon.com Inc Buy 13
$103.39 $136.36 30.57%
CRM Stock Forecast salesforce.com, inc. Outperform 16
$171.04 $189.99 8.16%
IBM Stock Forecast International Business Machine... Hold 9
$136.94 $143.09 4.43%
VMW Stock Forecast VMware Outperform 16
$121.77 $154.76 10.86%

Progress Software Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's Revenue has increased by 28.55%, going from $413.30M to $531.31M. The next year, 0 experts forecast that Progress Software's Revenue will decrease by 13.36%, reaching $460.33M. In 2030, professionals predict that Progress Software's Revenue will decrease by 12.04%, reaching $467.35M.

2022 Rev Forecast
$0.46B
2023 Rev Forecast
$0.45B
2024 Rev Forecast
$0.45B
2025 Rev Forecast
$0.48B
2026 Rev Forecast
$0.47B
2027 Rev Forecast
$0.46B
2028 Rev Forecast
$0.46B
2029 Rev Forecast
$0.47B
2030 Rev Forecast
$0.47B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
BA. Stock Forecast BAE Systems Outperform 18
£8.58 £9.23 6.18%
FICO Stock Forecast Fair Isaac Outperform 16
$681.32 $618.50 2.74%
FFIV Stock Forecast F5 Hold 15
$152.40 $177.99 8.92%

Progress Software Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's Dividend per Share has grown, increasing from $0.63 to $0.70 – an increase of 11.11%. According to the 0 analysts polled, in the next year, Progress Software's Dividend per Share will fall by 4.85%, reaching $0.67. By 2030, professionals believe that Progress Software's Dividend per Share will have decreased by 4.53%, falling to $0.67.

2022 DPS Forecast
$0.67
2023 DPS Forecast
$0.65
2024 DPS Forecast
$0.66
2025 DPS Forecast
$0.67
2026 DPS Forecast
$0.67
2027 DPS Forecast
$0.67
2028 DPS Forecast
$0.66
2029 DPS Forecast
$0.67
2030 DPS Forecast
$0.67
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
OTEX Stock Forecast Open Text Outperform 18
$30.47 $59.70 87.07%
PEGA Stock Forecast Pegasystems Hold 8
$40.98 $58.00 22.01%
SOW Stock Forecast Software Outperform 18
20.80€ 0.00€ 87.50%

Progress Software Free Cash Flow Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's Free Cash Flow has grown, increasing from $124.48M to $173.88M – a growth of 39.69%. According to 0 prominent analysts, Progress Software's Free Cash Flow will fall by 16.97% in the next year, reaching $144.37M. By 2030, professionals believe that Progress Software's Free Cash Flow will decrease by 14.97%, reaching $147.84M – a concerning trend for the company.

2022 FCF Forecast
$0.14B
2023 FCF Forecast
$0.14B
2024 FCF Forecast
$0.14B
2025 FCF Forecast
$0.15B
2026 FCF Forecast
$0.15B
2027 FCF Forecast
$0.15B
2028 FCF Forecast
$0.14B
2029 FCF Forecast
$0.15B
2030 FCF Forecast
$0.15B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
CSGS Stock Forecast CSG Systems International Buy 18
$61.64 $72.00 16.81%
ATEN Stock Forecast A10 Networks Buy 12
$16.13 $0.00 23.99%
RDWR Stock Forecast Radware Outperform 16
$32.42 $0.00 23.38%

Progress Software Net Income Forecast for 2023 - 2025 - 2030

Progress Software's Net Income has increased by 197.05% In the last two years, going from $26.40M to $78.42M. For the next year, 0 analysts project Progress Software's Net Income to drop by 21.19%, reaching $61.81M. By 2030, professionals believe that Progress Software's Net Income will decrease by 17.60%, reaching $64.62M – a concerning trend for the company.

2022 NI Forecast
$0.06B
2023 NI Forecast
$0.05B
2024 NI Forecast
$0.06B
2025 NI Forecast
$0.07B
2026 NI Forecast
$0.07B
2027 NI Forecast
$0.06B
2028 NI Forecast
$0.06B
2029 NI Forecast
$0.06B
2030 NI Forecast
$0.06B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
AXW Stock Forecast Axway Software Buy 16
22.20€ 0.00€ 1.35%
ICC Stock Forecast I.C.C. International Public Co... - 13
฿35.50 ฿0.00 520.96%
QMCO Stock Forecast Quantum Outperform 10
$1.67 $5.67 139.52%

Progress Software EBITDA Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's EBITDA has grown by 39.31%, from $128.85M to $179.50M. In the following year, 0 experts forecast Progress Software's EBITDA will decrease by 15.28%, to $152.07M. In 2030, professionals predict that Progress Software's EBITDA will decrease by 13.54%, to $155.19M.

2022 EBITDA Forecast
$0.15B
2023 EBITDA Forecast
$0.15B
2024 EBITDA Forecast
$0.15B
2025 EBITDA Forecast
$0.16B
2026 EBITDA Forecast
$0.16B
2027 EBITDA Forecast
$0.15B
2028 EBITDA Forecast
$0.15B
2029 EBITDA Forecast
$0.15B
2030 EBITDA Forecast
$0.16B

Progress Software EBIT Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's EBIT has grown from $72.17M to $126.51M – a 75.29% increase. According to 0 major analysts, Progress Software's EBIT will fall by 17.69% in the next year, reaching $104.13M. Professionals believe that By 2030, Progress Software's EBIT will fall to $107.27M– a 15.21% decrease from its current value.

2022 EBIT Forecast
$0.10B
2023 EBIT Forecast
$0.10B
2024 EBIT Forecast
$0.10B
2025 EBIT Forecast
$0.11B
2026 EBIT Forecast
$0.11B
2027 EBIT Forecast
$0.10B
2028 EBIT Forecast
$0.10B
2029 EBIT Forecast
$0.11B
2030 EBIT Forecast
$0.11B

Progress Software EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last two years, Progress Software's EPS has increased by 43.87%, going from $2.69 to $3.87. The next year, 0 experts forecast that Progress Software's EPS will decrease by 17.75%, reaching $3.18. In 2030, professionals predict that Progress Software's EPS will decrease by 15.57%, reaching $3.27.

2022 EPS Forecast
$3.18
2023 EPS Forecast
$3.06
2024 EPS Forecast
$3.12
2025 EPS Forecast
$3.36
2026 EPS Forecast
$3.31
2027 EPS Forecast
$3.22
2028 EPS Forecast
$3.19
2029 EPS Forecast
$3.25
2030 EPS Forecast
$3.27