AU · rank #16 · 2026-07-24
PRGS
NASDAQ · $1.65B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 1.041 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.18 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 5 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.121 |
| Analyst upside Consensus target $50.67 | +37.2% |
| Momentum acceleration 3-month minus 12-month momentum. | +42.11% |
| 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-cap infrastructure software vendor with recurring ARR-driven revenue, high margins, and a recent Q2 2026 beat that showed steady growth and strong cash generation.
Rationale
The analyst_upside setup is reinforced by meaningful estimate revisions, a 37% implied upside to consensus targets, unanimous positive revision agreement, and management’s recent EPS outperformance and guidance lift.
Material risks
- 1Progress’s growth depends on retaining and expanding its installed-base subscriptions, so larger software and cloud-native rivals could erode renewal rates and limit upside if customers modernize in-house.
- 2Analyst targets are very dispersed and the stock’s re-rating could stall if enterprise IT spending softens or if the recent beat does not translate into follow-through revisions.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.