AU · rank #17 · 2026-07-21
PRGS
NASDAQ · $1.65B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 0.830 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.18 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 5 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.163 |
| Analyst upside Consensus target $50.67 | +28.3% |
| Momentum acceleration 3-month minus 12-month momentum. | +34.40% |
| 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 mid-sized NASDAQ-listed infrastructure and digital experience software vendor with recurring ARR-driven revenue, high gross margins, and strong free cash flow.
Rationale
The signal stack fits an analyst-upside trade because earnings estimates have risen in unison, the stock shows accelerating momentum, analyst upside is still ~28%, and Q2 2026 results beat expectations with solid ARR and margins.
Material risks
- 1Larger enterprise software vendors and cloud-native alternatives could pressure Progress’s recurring base if customers shift away from its platform.
- 2Because the business relies on installed-base subscriptions rather than a unique bottleneck, customers could build more integration and digital experience capability in-house over time, limiting upside.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.