Analyst Upside

AU · rank #17 · 2026-07-27

PRGS

NASDAQ · $1.55B (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.
1.241
EPS revisions (30d)
Change in consensus EPS estimate over the past 30 days ($/share).
+$0.17
Net revisions (30d)
Number of analysts revising upward minus downward.
5
Insider signal (90d)
$0 across 0 unique buyers.
-0.109
Analyst upside
Consensus target $53.80
+42.1%
Momentum acceleration
3-month minus 12-month momentum.
+42.68%
Analyst rating
5 = Strong Buy, 1 = Strong Sell.
4.29
Gross margin TTM+85.6%
52w high$49.99
Market cap (USD)$1.55B

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 an infrastructure and digital-experience software vendor with a mostly subscription/maintenance revenue base, about $868 million of ARR, and strong profitability and cash generation.

Rationale

The analyst_upside signal is reinforced by recent Q1/Q2 beats, raised FY2026 guidance, 5 net EPS revisions with 100% revision agreement, 42% stated analyst upside, and improving momentum despite only 5 analysts covering the stock.

Material risks

  • 1The biggest thesis breaker is the combination of only ~2% ARR growth and a product set that can be pressured by hyperscalers, open-source stacks, or in-house builds if customers decide its infrastructure tools are commoditized.
  • 2Net debt of about $1.2 billion and 2.92x leverage make the equity sensitive to any slowdown in cash generation, higher rates, or execution misses.

AI verdict council

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

Claude
Caution
OpenAI
Proceed
Gemini
Error