Progress Software Stock Forecast for 2023 - 2025 - 2030
Updated on 12/07/2023
Progress Software Stock Forecast and Price Target
In recent months, two notable analysts have provided yearlong price targets for Progress Software, with the average target coming in at $64.50. If it were to be achieved, this would result in a potential upside of approximately 20.36 percent from the most recent closing price in December, 2023. The high end is $66.00, and the low is $60.00. Even if you are not interested in PRGS stock, you should still be aware of its competitors.
20.36% Upside
Progress Software Fair Value Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's Price has increased by 53.53%, going from $35.32 to $54.23. In the next year, analysts are expecting an increase in Fair Value, predicting it will reach $61.45 – an increase of 13.32%. The Progress Software forecast is for Fair Value to reach $68.16 or grow by 25.69%.
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|---|---|---|---|---|---|---|---|
| MSFT Stock Forecast | Microsoft Corp | Buy |
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$368.80 | Buy/Sell | $407.07 | 12.26% |
| AMZN Stock Forecast | Amazon.com Inc | Buy |
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$144.52 | Buy/Sell | $173.94 | 21.09% |
| CRM Stock Forecast | Salesforce | Outperform |
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$249.13 | Buy/Sell | $254.40 | 9.38% |
| IBM Stock Forecast | International Business Machine... | Hold |
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$160.28 | Buy/Sell | $146.13 | -9.53% |
| VMW Stock Forecast | VMware | - |
6
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$142.48 | Buy/Sell | $154.76 | 0.32% |
Progress Software Revenue Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's Revenue has increased by 45.66%, going from $413.30M to $602.01M. In the next year, analysts are expecting an increase in Revenue, predicting it will reach $730.68M – an increase of 21.37%. The Progress Software forecast is for Revenue to reach $751.01M or grow by 24.75%.
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|---|---|---|---|---|---|---|---|
| BA. Stock Forecast | BAE Systems | Outperform |
18
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£10.31 | Buy/Sell | £9.23 | 14.55% |
| FICO Stock Forecast | Fair Isaac Corp | Outperform |
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$1.11k | Buy/Sell | $727.43 | -4.24% |
| AKAM Stock Forecast | Akamai Technologies Inc | Outperform |
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$114.47 | Buy/Sell | $117.05 | 4.83% |
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Progress Software Dividend per Share Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's Dividend per Share has grown, increasing from $0.63 to $0.70 – an increase of 11.11%. For next year, the 3 analysts predict Dividend per Share of $0.72, which would mean an increase of 2.86%. Over the next eight years, the pros' prediction is Dividend per Shareof $0.75, which would mean a eight-year growth forecast of 7.32%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| OTEX Stock Forecast | Open Text | Outperform |
18
|
$39.74 | Buy/Sell | $48.20 | 25.82% |
| FFIV Stock Forecast | F5 Networks Inc | Hold |
15
|
$168.66 | Buy/Sell | $166.22 | -2.76% |
| PEGA Stock Forecast | Pegasystems | Outperform |
8
|
$51.94 | Buy/Sell | $52.17 | 0.12% |
Progress Software Free Cash Flow Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's Free Cash Flow has grown, increasing from $124.48M to $187.51M – a growth of 50.63%. The next year looks promising for Progress Software, with analysts predicting Free Cash Flow of $212.90M – an increase of 13.54%. Over the next ten years, experts anticipate that Progress Software's Free Cash Flow will grow at a rate of 84.47%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| SOW Stock Forecast | Software | Hold |
18
|
31.74€ | Buy/Sell | 0.00€ | 0.82% |
| CSGS Stock Forecast | CSG Systems International | Buy |
18
|
$52.92 | Buy/Sell | $71.50 | 24.72% |
| ATEN Stock Forecast | A10 Networks | Outperform |
12
|
$12.59 | Buy/Sell | $0.00 | 19.14% |
Progress Software Net Income Forecast for 2023 - 2025 - 2030
Progress Software's Net Income has increased by 260.11% In the last three years, going from $26.40M to $95.07M. In the next year, analysts expect Net Income to reach $212.18M – an increase of 123.18%. For the next eight years, the forecast is for Net Income to grow by 121.11%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| RDWR Stock Forecast | Radware | Hold |
16
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$15.83 | Buy/Sell | $0.00 | 9.73% |
| AXW Stock Forecast | Axway Software | Buy |
16
|
24.60€ | Buy/Sell | 0.00€ | 8.74% |
| ICC Stock Forecast | I.C.C. International Public Co... | - |
13
|
฿40.50 | Buy/Sell | ฿0.00 | -100.00% |
Progress Software EBITDA Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's EBITDA has grown by 56.91%, from $128.85M to $202.18M. For the next year, analysts are expecting EBITDA to reach $274.50M – an increase of 35.77%. Over the next eight years, experts predict that EBITDA will grow by 22.53%.
Progress Software EBIT Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's EBIT has grown from $72.17M to $127.45M – a 76.60% increase. Next year, analysts are expecting EBIT to reach $289.78M – an increase of 127.37%. Over the next eight years, the forecast is for EBIT to grow by 119.15%.
Progress Software EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last three years, Progress Software's EPS has increased by 53.53%, going from $2.69 to $4.13. In the next year, analysts are expecting an increase in EPS, predicting it will reach $4.68 – an increase of 13.32%. The Progress Software forecast is for EPS to reach $5.19 or grow by 25.69%.
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