Analyst Upside

AU · rank #16 · 2026-07-23

PRGS

NASDAQ · $1.65B (USD)

SignalBuy1.9strength 1.9 / 10
verdict · PROCEED

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.
-0.197
Analyst upside
Consensus target $50.67
+33.6%
Momentum acceleration
3-month minus 12-month momentum.
+45.06%
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

Progress Software Corporation is an infrastructure and digital experience software provider that delivers mature, cash-generative enterprise platforms anchored by robust recurring revenue.

Rationale

The quant signal is validated by Progress's sequential earnings beats, 100% analyst revision agreement, and raised FY26 EPS guidance, supported by an impressive ~40% operating margin.

Material risks

  • 1Existing enterprise customers opting to develop digital experience and integration capabilities in-house rather than renewing contracts would directly erode Progress's core ARR base.
  • 2Intense competition from larger, cloud-native infrastructure software vendors could compress margins and restrict the company's acquisition-driven expansion model.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI
Proceed
Claude
Caution
Gemini
Proceed