Progress Software Corporation is projected to rise to $44.48 by 2027, a +10% move from its current price of $40.34. PRGS is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/31/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Aug 1 | $39.15 | $40.34 | $41.57 | +0.01% |
| Aug 2 | $38.67 | $40.35 | $42.10 | +0.02% |
| Aug 3 | $38.31 | $40.35 | $42.51 | +0.03% |
| Aug 4 | $38.01 | $40.36 | $42.86 | +0.05% |
| Aug 5 | $37.74 | $40.36 | $43.17 | +0.06% |
| Aug 6 | $37.50 | $40.37 | $43.45 | +0.07% |
| Aug 7 | $37.29 | $40.37 | $43.71 | +0.08% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $37.29 | $40.37 | $43.71 | +0.08% |
| Week 2 | $36.11 | $40.41 | $45.21 | +0.16% |
| Week 3 | $35.24 | $40.44 | $46.41 | +0.24% |
| Week 4 | $34.52 | $40.47 | $47.44 | +0.32% |
| Week 5 | $33.91 | $40.50 | $48.38 | +0.40% |
| Week 6 | $33.37 | $40.54 | $49.25 | +0.49% |
| Week 7 | $32.88 | $40.57 | $50.06 | +0.57% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Progress Software Corporation provides software products that develop, deploy, and manage artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems.
The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Progress Software Corporation (PRGS) is a technology company listed in the Technology sector. It has a current price of $42.71 and a market capitalization of $1.75B, with a market rank of 2145. The stock’s near-term forecast begins with a 2026 average price of $42.71 and a neutral sentiment, alongside a 0% ROI for that year.
A major floor 45.8% below — a decisive break under it would weaken the trend.
The nearest floor, 31.4% below — buyers have tended to step in here.
The nearest ceiling, 5.9% above — a clean break opens room to run.
A major ceiling 28.8% above — clearing it would confirm fresh momentum.
Key PRGS support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of PRGS market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $39.99 | Buy | $40.27 | Buy |
| MA 10 | $39.43 | Buy | $39.58 | Buy |
| MA 20 | $38.99 | Buy | $38.33 | Buy |
| MA 50 | $34.38 | Buy | $35.57 | Buy |
| MA 100 | $31.97 | Buy | $34.88 | Buy |
| MA 200 | $37.03 | Buy | $37.54 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 59.16 | Neutral |
| Stoch RSI (14) | 40.22 | Neutral |
| CCI (20) | 85.14 | Neutral |
| Williams %R (14) | -40.93 | Info |
| MACD (12,26,9) | -0.02 | Sell |
| ROC (12) | 7.63 | Buy |
| Bollinger %B (20,2) | 0.75 | Neutral |
| Stochastic %K (14) | 59.07 | Neutral |
| TRIX (15) | 0.76 | Buy |
| Awesome (5,34) | 4.08 | Buy |
| Ultimate (7,14,28) | 56.76 | Neutral |
| Momentum (10) | -0.01 | Sell |
| Aroon Osc (25) | 92.00 | Buy |
| Hull MA (9) | 41.51 | Sell |
| ADX (14) | 23.52 | Buy |
| ATR (14) | 1.20 | Info |
In the near term, the technical picture is described as BULLISH with an RSI(14) of 70. The 50-day simple moving average sits at $34.16 and the 200-day simple moving average at $37.05, placing the near-term price dynamics in a positive but cautious framework. Support is identified at $27.66 and resistance at $42.71, with a 30-day price range spanning from $35.37 to $51.57.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $25.09 | $40.34 | $55.94 | 0% | Neutral | |
| $35.15 | $44.48 | $59.72 | +10% | Neutral | |
| $38.92 | $50.83 | $71.07 | +26% | Bullish | |
| $40.79 | $54.67 | $78.89 | +36% | Bullish | |
| $48.47 | $66.47 | $98.50 | +65% | Bullish | |
| $60.48 | $84.69 | $128.43 | +110% | Bullish | |
| $59.58 | $85.08 | $131.70 | +111% | Bullish | |
| $62.72 | $91.23 | $143.88 | +126% | Bullish | |
| $68.14 | $100.85 | $161.79 | +150% | Bullish | |
| $64.65 | $97.29 | $158.58 | +141% | Bullish | |
| $97.03 | $157.61 | $274.46 | +291% | Bullish | |
| $196.91 | $365.31 | $700.13 | +806% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $25.09 | $40.34 | $47.11 | +0.00% |
| August 2026 | $34.86 | $41.00 | $49.42 | +1.65% |
| September 2026 | $34.34 | $40.77 | $49.86 | -0.58% |
| October 2026 | $35.36 | $42.29 | $52.31 | +3.73% |
| November 2026 | $36.88 | $44.37 | $55.41 | +4.93% |
| December 2026 | $36.71 | $44.42 | $55.94 | +0.10% |
Click any year to see its month-by-month PRGS forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
Progress Software Corporation's 2026 outlook centres on $40.34, within a $25.09 to $55.94 range. That marks a 0% change versus current levels. A consolidation phase looks the most probable path here.
By 2027, PRGS could reach as high as $59.72, with a base case around $44.48 and support toward $35.15 — roughly +10% from $40.34. Price action looks broadly range-bound.
Expect PRGS to range from $38.92 to $71.07 through 2028. The $50.83 average target implies a +26% move from current prices. That is up +14% on the projected 2027 average. Buyers look set to stay in control over this stretch.
The PRGS price prediction for 2029 points to an average of $54.67 (low $40.79, high $78.89) — a potential gain of +36% on today's $40.34. Momentum favours further upside here.
In 2030, PRGS is projected to trade between $48.47 and $98.50, averaging $66.47 — a potential gain of +65% from today's $40.34. That is up +22% on the projected 2029 average. Buyers look set to stay in control over this stretch.
Progress Software Corporation's 2031 outlook centres on $84.69, within a $60.48 to $128.43 range. That is up +27% on the projected 2030 average. That marks a +110% change versus current levels. Momentum favours further upside here.
By 2032, PRGS could reach as high as $131.70, with a base case around $85.08 and support toward $59.58 — roughly +111% from $40.34. Buyers look set to stay in control over this stretch.
Expect PRGS to range from $62.72 to $143.88 through 2033. The $91.23 average target implies a +126% move from current prices. That is up +7% on the projected 2032 average. Momentum favours further upside here.
The PRGS price prediction for 2034 points to an average of $100.85 (low $68.14, high $161.79) — a potential gain of +150% on today's $40.34. Buyers look set to stay in control over this stretch.
In 2035, PRGS is projected to trade between $64.65 and $158.58, averaging $97.29 — a potential gain of +141% from today's $40.34. That is -4% versus the projected 2034 average. Momentum favours further upside here.
Progress Software Corporation's 2040 outlook centres on $157.61, within a $97.03 to $274.46 range. That is up +62% on the projected 2035 average. That marks a +291% change versus current levels. Buyers look set to stay in control over this stretch.
By 2050, PRGS could reach as high as $700.13, with a base case around $365.31 and support toward $196.91 — roughly +806% from $40.34. Momentum favours further upside here.
Investing $1,000 in PRGS today (≈ 24.789291 PRGS) could be worth
$9,055.87
+$8,055.87 (+806%) by 2050 · US Dollar
Based on the average projected PRGS price of $365.31 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in PRGSwould be worth at today's price.
$1,000 invested in PRGS on Jul 30, 2025 (≈ 20.358307 PRGS) would be worth
$821.25
-$178.75 (-17.9%) today · 0.82× · US Dollar
Based on a PRGS entry price of $49.12 vs. today's $40.34.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $36.92 | $1,092.63 | +9.3% |
| 1 month ago | $33.58 | $1,201.31 | +20.1% |
| 3 months ago | $28.95 | $1,393.44 | +39.3% |
| 6 months ago | $40.92 | $985.83 | -1.4% |
| 1 year ago | $49.12 | $821.25 | -17.9% |
| All time (5.0y) ago | $45.16 | $893.27 | -10.7% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our PRGS forecast.
Our base-case forecast reaches $81.00 around 2031.
Implied market cap at $81.00: $3.32B
The multi-year forecast turns increasingly constructive after 2026, with a clear bullish trajectory through 2030 and beyond. In 2030, the expected average price is $73.77, with a min of $54.28, a max of $108.18, and an ROI of 72.7; the sentiment remains BULLISH. By 2040, the forecast shows an average of $181.11 (min $113.71, max $310.33) and an ROI of 324, still Bullish.
The 2050 outlook strengthens further to an average of $423.54 (min $235.02, max $796.37) with an ROI of 891.7, continuing the Bullish stance. These figures imply substantial long-term upside potential, though they are estimates and carry inherent uncertainty and no guarantee.
Tap a question to reveal the answer.
In 2030, the forecasted average price is $73.77, with a min of $54.28, a max of $108.18, and an ROI of 72.7. The sentiment is bullish.
The 2030 forecast shows a max of $108.18, so reaching $100 is within the projected range, assuming the scenario aligns with the forecast.
The current price is $42.71 and the market capitalization is $1.75B.
The 30-day technical picture shows a bullish sentiment with RSI(14) at 70, SMA50 at $34.16, SMA200 at $37.05, support at $27.66, resistance at $42.71, and a 30-day range from $35.37 to $51.57.
2030: avg $73.77, min $54.28, max $108.18, ROI 72.7; 2040: avg $181.11, min $113.71, max $310.33, ROI 324; 2050: avg $423.54, min $235.02, max $796.37, ROI 891.7. All are bullish forecasts with increasing upside potential.
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