What is Progress Software Corporation?
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.
PRGS · Verdict
Solid reward · moderate risk
PRGS stands out on valuation and cash flow, but watch the balance sheet signal.
Based on 88% data coverage
PRGS · Verdict
P/E 6.0× · PEG 1.20
23% free-cash-flow margin
Top decile vs peers
Interest covered 2.2×
Rev +17.5% CAGR · earnings -8.4%
Model-based scoring. For information only — not financial advice.
Progress Software Corporation provides software products that develops, deploys, and manages 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. The company is listed on the NASDAQ in USA, operating in the Technology sector, with a market capitalisation of 1.80B, and a P/E ratio of 25.2x.
The scoring profile indicates moderate reward potential, with valuation and profitability as the leading contributors. Risk indicators are moderate, consistent with typical market exposure.
For informational purposes only. Not financial advice.