Nama's AI scorecard currently rates Progress Software Hold (5.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is PRGS's P/E ratio?

Progress Software trades at a trailing price-to-earnings ratio of 6.8.

When does PRGS report earnings?

Progress Software's next scheduled report is on Jan 19, 2027. Analysts expect EPS of $1.28.

What is the PRGS price target?

The median analyst price target from 5 analysts is $53.00, with a range of $40.00 – $83.00.

Is PRGS Shariah compliant?

Nama's AAOIFI-style screen reads Progress Software as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Nama Insights

Progress Software (PRGS)

Technology · Software Infrastructure · NASDAQ

Progress Software (PRGS) is a Technology company in the Software Infrastructure industry. It has a market capitalization of $1.78B, a trailing price-to-earnings ratio of 6.8 and a free-cash-flow yield of 12.0%. Over the most recent reported fiscal year, revenue grew 29.8% and free cash flow per share grew 12.3%. Nama's AI scorecard rates it Hold, 5.7 out of 10. On 12-month momentum it ranks in the lagging band of its market.

AI scorecard

Hold · 5.7/10

The sections balance. As of Nov 7, 2026.

Momentum

Lagging · -11.3% over 12 months ex. last

Second-worst fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-38.4%

How far the last close sits under the highest price of the past five years.

Market cap	$1.78B
Trailing P/E	6.8
Price / book	3.4
Price / sales	1.8
FCF yield	12.0%
Dividend yield	—
Gross margin	82.2%
Operating margin	19.4%
Net margin	9.2%
Revenue growth (YoY)	+29.8%
Revenue growth (3-yr annual)	+17.6%
EPS growth (YoY)	—
FCF/share growth (YoY)	+12.3%
Beta	0.9
Exchange	NASDAQ
Sector	Technology
Industry	Software Infrastructure

PRGS earnings

Next report: Jan 19, 2027 (Q4 2026, EPS estimate $1.28). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Sep 30, 2026	$1.69	$1.54	+9.7%	$246.00M
Q2 2026	Jun 30, 2026	$1.62	$1.49	+8.7%	$253.47M
Q1 2026	Mar 30, 2026	$1.60	$1.57	+1.9%	$247.80M
Q4 2025	Jan 20, 2026	$1.51	$1.31	+15.3%	$252.67M

PRGS analyst price target

Median target $53.00 from 5 analysts, ranging $40.00 – $83.00.

Software Infrastructure peers

Ticker	Company	Market cap	P/E
MSFT	Microsoft	$3.94T	29.4
PLTR	Palantir Technologies	$386.44B	112.2
ORCL	Oracle	$361.97B	14.4
PANW	Palo Alto Networks	$256.86B	81.9
CRWD	CrowdStrike	$222.09B	195.4
NET	Cloudflare	$95.70B	224.0
FTNT	Fortinet	$87.31B	34.5
SNPS	Synopsys	$86.32B	32.3

Explore live PRGS data on Nama Insights →

Recent Congressional trades

Progress Software trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Kevin Hern	House	Sell	$15,001 - $50,000	Sep 25, 2026
Kevin Hern	House	Sell	$50,001 - $100,000	Apr 3, 2026
Lisa McClain	House	Sell	$1,001 - $15,000	Aug 13, 2025
Lisa McClain	House	Buy	$1,001 - $15,000	Aug 13, 2025

PRGS FAQ

Is PRGS a buy?: Nama's AI scorecard currently rates Progress Software Hold (5.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is PRGS's P/E ratio?: Progress Software trades at a trailing price-to-earnings ratio of 6.8.
When does PRGS report earnings?: Progress Software's next scheduled report is on Jan 19, 2027. Analysts expect EPS of $1.28.
What is the PRGS price target?: The median analyst price target from 5 analysts is $53.00, with a range of $40.00 – $83.00.
Is PRGS Shariah compliant?: Nama's AAOIFI-style screen reads Progress Software as Not Shariah Compliant. At least one of the three ratios or the industry test failed.