Analyst Upside

AU · rank #16 · 2026-07-20

PRGS

NASDAQ · $1.65B (USD)

SignalSell
verdict · CAUTION

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Composite score
Z-score blend of all factors below.
0.409
EPS revisions (30d)
Change in consensus EPS estimate over the past 30 days ($/share).
+$0.18
Net revisions (30d)
Number of analysts revising upward minus downward.
5
Insider signal (90d)
$0 across 0 unique buyers.
-0.194
Analyst upside
Consensus target $50.67
+24.9%
Momentum acceleration
3-month minus 12-month momentum.
+38.50%
Analyst rating
5 = Strong Buy, 1 = Strong Sell.
4.29
Gross margin TTM+85.6%
52w high$51.28
Market cap (USD)$1.65B

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

PRGS is a NASDAQ-listed infrastructure software vendor with a large recurring-revenue base, AI-enabled digital experience products, and solid profitability/cash generation.

Rationale

The quant signal is reinforced by broad positive EPS revisions, 100% analyst agreement on upward estimate changes, ~25% upside to targets, a recent earnings beat, and momentum acceleration after management raised FY2026 guidance.

Material risks

  • 1The analyst upside case is diluted by very high target dispersion and a modest analyst count, which can make the apparent re-rating fragile if one or two models change.
  • 2Net debt of about $1.2B and ~2.9x leverage limit flexibility, and the lack of insider buying removes a confirming catalyst for the bullish revision trend.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.

OpenAI
Proceed
Claude
Caution
Gemini
Error