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Progress Software Corporation is projected to rise to $40.17 by 2027, a +6% move from its current price of $37.86. PRGS is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/12/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Jul 13 | $36.75 | $37.87 | $39.02 | +0.02% |
| Jul 14 | $36.30 | $37.88 | $39.52 | +0.04% |
| Jul 15 | $35.97 | $37.88 | $39.90 | +0.06% |
| Jul 16 | $35.69 | $37.89 | $40.23 | +0.08% |
| Jul 17 | $35.44 | $37.90 | $40.53 | +0.10% |
| Jul 18 | $35.22 | $37.91 | $40.79 | +0.13% |
| Jul 19 | $35.03 | $37.92 | $41.04 | +0.15% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $35.03 | $37.92 | $41.04 | +0.15% |
| Week 2 | $33.94 | $37.97 | $42.48 | +0.29% |
| Week 3 | $33.15 | $38.03 | $43.62 | +0.44% |
| Week 4 | $32.50 | $38.08 | $44.62 | +0.59% |
| Week 5 | $31.94 | $38.14 | $45.53 | +0.73% |
| Week 6 | $31.45 | $38.19 | $46.38 | +0.88% |
| Week 7 | $31.01 | $38.25 | $47.17 | +1.03% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Progress Software Corporation is a technology company that provides software products to develop, deploy, and manage AI-powered applications and digital experiences in the United States and internationally.
The company was founded in 1981 and is headquartered in Burlington, Massachusetts. It offers a broad portfolio that includes Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold. It also provides project management, implementation, custom software development, programming, and other services, as well as training services.
The company sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors.
Progress Software Corporation (PRGS) is a technology company with a market cap of $1.61B and a current price of $39.16. It ranks 2232 by market capitalization. The stock trades in a 30-day range of $31.28 to $49.03.
Forecasts show a path of rising averages through 2026–2050, with notable progression from $39.16 in 2026 to $55.52 in 2030, then to $110.42 by 2040 and $243.38 by 2050. The near-term outlook is NEUTRAL, turning BULLISH from 2030 onward as the averages climb toward higher price levels.
A major floor 38.3% below — a decisive break under it would weaken the trend.
The nearest floor, 26.9% below — buyers have tended to step in here.
The nearest ceiling, 3.6% above — a clean break opens room to run.
A major ceiling 22.7% above — clearing it would confirm fresh momentum.
Key PRGS support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of PRGS market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $38.41 | Sell | $37.92 | Sell |
| MA 10 | $37.02 | Buy | $36.72 | Buy |
| MA 20 | $33.58 | Buy | $34.81 | Buy |
| MA 50 | $31.31 | Buy | $32.76 | Buy |
| MA 100 | $31.97 | Buy | $33.46 | Buy |
| MA 200 | $37.39 | Buy | $37.28 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 64.08 | Neutral |
| Stoch RSI (14) | 74.13 | Neutral |
| CCI (20) | 81.87 | Neutral |
| Williams %R (14) | -11.69 | Info |
| MACD (12,26,9) | 0.56 | Buy |
| ROC (12) | 31.28 | Buy |
| Bollinger %B (20,2) | 0.77 | Neutral |
| Stochastic %K (14) | 88.31 | Sell |
| TRIX (15) | 0.72 | Buy |
| Awesome (5,34) | 5.72 | Buy |
| Ultimate (7,14,28) | 69.80 | Neutral |
| Momentum (10) | 8.05 | Buy |
| Aroon Osc (25) | 40.00 | Buy |
| Hull MA (9) | 38.70 | Sell |
| ADX (14) | 23.26 | Buy |
| ATR (14) | 1.06 | Info |
The 30-day technical picture sits in NEUTRAL territory with RSI(14) at 70, suggesting limited upside momentum in the near term. The SMA50 stands at $30.10 and the SMA200 at $37.50, placing the current price near resistance at $39.16 and above a nearby support around $27.66.
The 30-day price range spans $31.28 to $49.03, indicating a fairly wide trading band, and the stock exhibits elevated volatility (annualized volatility 70%). These factors imply potential for movement, but the near-term bias remains balanced between upside and downside.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $25.09 | $37.86 | $51.38 | 0% | Neutral | |
| $31.69 | $40.17 | $54.04 | +6% | Neutral | |
| $33.32 | $43.56 | $61.00 | +15% | Neutral | |
| $33.55 | $45.01 | $65.02 | +19% | Neutral | |
| $38.93 | $53.42 | $79.22 | +41% | Bullish | |
| $46.97 | $65.81 | $99.85 | +74% | Bullish | |
| $45.57 | $65.10 | $100.81 | +72% | Bullish | |
| $48.58 | $70.67 | $111.48 | +87% | Bullish | |
| $50.74 | $75.11 | $120.51 | +98% | Bullish | |
| $45.94 | $69.15 | $112.72 | +83% | Bullish | |
| $67.05 | $108.89 | $189.57 | +188% | Bullish | |
| $125.87 | $233.31 | $446.90 | +516% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $25.09 | $37.86 | $45.89 | +0.00% |
| August 2026 | $32.18 | $38.08 | $46.34 | +0.57% |
| September 2026 | $32.36 | $38.59 | $47.53 | +1.34% |
| October 2026 | $33.83 | $40.61 | $50.54 | +5.24% |
| November 2026 | $34.21 | $41.29 | $51.83 | +1.69% |
| December 2026 | $33.47 | $40.62 | $51.38 | -1.64% |
Click any year to see its month-by-month PRGS forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
Progress Software Corporation's 2026 outlook centres on $37.86, within a $25.09 to $51.38 range. That marks a 0% change versus current levels. A consolidation phase looks the most probable path here.
By 2027, PRGS could reach as high as $54.04, with a base case around $40.17 and support toward $31.69 — roughly +6% from $37.86. Price action looks broadly range-bound.
Expect PRGS to range from $33.32 to $61.00 through 2028. The $43.56 average target implies a +15% move from current prices. That is up +8% on the projected 2027 average. A consolidation phase looks the most probable path here.
The PRGS price prediction for 2029 points to an average of $45.01 (low $33.55, high $65.02) — a potential gain of +19% on today's $37.86. Price action looks broadly range-bound.
In 2030, PRGS is projected to trade between $38.93 and $79.22, averaging $53.42 — a potential gain of +41% from today's $37.86. That is up +19% on the projected 2029 average. Buyers look set to stay in control over this stretch.
Progress Software Corporation's 2031 outlook centres on $65.81, within a $46.97 to $99.85 range. That is up +23% on the projected 2030 average. That marks a +74% change versus current levels. Momentum favours further upside here.
By 2032, PRGS could reach as high as $100.81, with a base case around $65.10 and support toward $45.57 — roughly +72% from $37.86. Buyers look set to stay in control over this stretch.
Expect PRGS to range from $48.58 to $111.48 through 2033. The $70.67 average target implies a +87% move from current prices. That is up +9% on the projected 2032 average. Momentum favours further upside here.
The PRGS price prediction for 2034 points to an average of $75.11 (low $50.74, high $120.51) — a potential gain of +98% on today's $37.86. Buyers look set to stay in control over this stretch.
In 2035, PRGS is projected to trade between $45.94 and $112.72, averaging $69.15 — a potential gain of +83% from today's $37.86. That is -8% versus the projected 2034 average. Momentum favours further upside here.
Progress Software Corporation's 2040 outlook centres on $108.89, within a $67.05 to $189.57 range. That is up +57% on the projected 2035 average. That marks a +188% change versus current levels. Buyers look set to stay in control over this stretch.
By 2050, PRGS could reach as high as $446.90, with a base case around $233.31 and support toward $125.87 — roughly +516% from $37.86. Momentum favours further upside here.
Investing $1,000 in PRGS today (≈ 26.413101 PRGS) could be worth
$6,162.47
+$5,162.47 (+516%) by 2050 · US Dollar
Based on the average projected PRGS price of $233.31 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in PRGSwould be worth at today's price.
$1,000 invested in PRGS on Jul 10, 2025 (≈ 19.747236 PRGS) would be worth
$747.63
-$252.37 (-25.2%) today · 0.75× · US Dollar
Based on a PRGS entry price of $50.64 vs. today's $37.86.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $38.42 | $985.42 | -1.5% |
| 1 month ago | $31.82 | $1,189.82 | +19.0% |
| 3 months ago | $26.65 | $1,420.64 | +42.1% |
| 6 months ago | $43.83 | $863.79 | -13.6% |
| 1 year ago | $50.64 | $747.63 | -25.2% |
| All time (5.0y) ago | $45.43 | $833.37 | -16.7% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our PRGS forecast.
Our base-case forecast reaches $76.00 around 2040.
Implied market cap at $76.00: $3.12B
The multi-year forecast shows a bullish trajectory starting in 2030, with an average price of $55.52 and a ROI of 41.8, followed by further gains to 2040 (avg $110.42, ROI 182) and 2050 (avg $243.38, ROI 521.5).
Beyond 2030, the forecast strengthens with 2031 avg $67.93 (ROI 73.5) and 2032 avg $67.36 (ROI 72), then continuing upward through 2033 at $73.69 (ROI 88.2) and 2034 at $76.47 (ROI 95.3), before settling around 2035 at $69.24 (ROI 76.8). The longer-term path remains bullish, culminating in strong expected levels by 2040 and 2050, though these are estimates and not guarantees. Investors should consider the inherent uncertainty and potential downside scenarios while weighing these projections.
Tap a question to reveal the answer.
The 2030 forecast shows an average price of $55.52, with a min $39.35 and a max $84.87; ROI 41.8; sentiment BULLISH. These are estimates, not guarantees.
Near term is NEUTRAL through 2029, with a bullish path starting in 2030 as averages rise to $55.52 by 2030, $110.42 by 2040, and $243.38 by 2050. ROI values rise accordingly (e.g., 41.8 in 2030, 182 in 2040, 521.5 in 2050). These are estimates, not guarantees.
Yes, the forecast for 2040 shows an average of $110.42 with a min $64.11 and a max $201.14; ROI 182; sentiment BULLISH. These figures are estimates, not guarantees.
For 2050 the forecast shows an average of $243.38, min $120.18, max $491.58, ROI 521.5, sentiment BULLISH. These are estimates, not guarantees.
Current price is $39.16 and market cap is $1.61B, with a rank of 2232. These figures reflect current market data and are not a guarantee of future performance.
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