Analyst Upside

AU · rank #17 · 2026-07-22

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.
0.795
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.
-0.197
Analyst upside
Consensus target $50.67
+28.4%
Momentum acceleration
3-month minus 12-month momentum.
+48.54%
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 infrastructure and digital experience software vendor with about $868 million of ARR, recurring subscription revenue, and high ~40% operating margins.

Rationale

The quant setup looks credible here because analyst upside is wide at 28.4% with positive EPS revisions, unanimous revision agreement, a strong analyst rating, and a recent earnings beat that confirms operating momentum.

Material risks

  • 1Larger enterprise software and cloud-native competitors could erode Progress’s recurring revenue base and compress margins if customers standardize on alternative platforms.
  • 2Enterprise customers may increasingly build integration and digital-experience capabilities in-house, which would slow ARR growth and weaken the upside case.

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