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Upturn AI SWOT - About
PRGS 
Progress Software Corporation (PRGS)
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Upturn Advisory Summary
06/30/2025: PRGS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
7 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $71.71
1 Year Target Price $71.71
| 4 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -8.85% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.74B USD | Price to earnings Ratio 50.2 | 1Y Target Price 71.71 |
Price to earnings Ratio 50.2 | 1Y Target Price 71.71 | ||
Volume (30-day avg) 7 | Beta 0.67 | 52 Weeks Range 50.68 - 70.56 | Updated Date 06/30/2025 |
52 Weeks Range 50.68 - 70.56 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 1.36% | Basic EPS (TTM) 1.27 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-06-23 | When Before Market | Estimate - | Actual - |
Profitability
Profit Margin 7.03% | Operating Margin (TTM) 17.93% |
Management Effectiveness
Return on Assets (TTM) 5.01% | Return on Equity (TTM) 12.7% |
Valuation
Trailing PE 50.2 | Forward PE 12.66 | Enterprise Value 4149688441 | Price to Sales(TTM) 3.4 |
Enterprise Value 4149688441 | Price to Sales(TTM) 3.4 | ||
Enterprise Value to Revenue 5.14 | Enterprise Value to EBITDA 17.49 | Shares Outstanding 43026000 | Shares Floating 42580246 |
Shares Outstanding 43026000 | Shares Floating 42580246 | ||
Percent Insiders 1.73 | Percent Institutions 118.97 |
Analyst Ratings
Rating 3 | Target Price 71.71 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Progress Software Corporation
Company Overview
History and Background
Progress Software Corporation was founded in 1981. It began as a provider of database management systems and has evolved into a provider of application development and deployment technologies.
Core Business Areas
- Application Development and Deployment: Offers products and services to develop, deploy, and manage business applications, including OpenEdge, a comprehensive platform for building and deploying business applications.
- Data Connectivity and Integration: Provides tools and technologies that enable organizations to connect to, integrate, and manage data from various sources, including DataDirect and Chef.
- DevOps and Application Management: Offers products and services that help organizations automate and manage their software development and deployment processes, including Chef and Kemp.
Leadership and Structure
Yogesh Gupta serves as the CEO of Progress Software Corporation. The company has a board of directors and is structured into various departments, including product development, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- OpenEdge: A comprehensive platform for developing and deploying business applications. Competitors include Oracle, SAP, and Microsoft. The market is fragmented.
- DataDirect: A suite of data connectivity solutions. Competitors include IBM and Informatica. No Specific number of users or revenue.
- Chef: Automation platform for infrastructure, application and compliance. Competitors include Puppet, Ansible, and Terraform.
- Kemp LoadMaster: Provides load balancing, web application firewall (WAF), and application delivery controller (ADC) solutions for application experience. Competitors include F5 Networks and Citrix.
Market Dynamics
Industry Overview
The application development, data connectivity, and DevOps markets are highly competitive and rapidly evolving. Companies are increasingly focused on digital transformation and cloud adoption.
Positioning
Progress Software Corporation positions itself as a provider of mission-critical application development and infrastructure software, focusing on helping businesses accelerate digital transformation. The total addressable market is estimated to be in the billions, with Progress targeting specific segments within those markets.
Total Addressable Market (TAM)
Upturn SWOT Analysis
Strengths
- Strong product portfolio
- Established customer base
- Recurring revenue model
- Acquisition expertise
Weaknesses
- Competition from larger players
- Integration challenges with acquired companies
- Limited brand awareness compared to major vendors
Opportunities
- Growing demand for cloud-based solutions
- Increasing adoption of DevOps practices
- Expansion into new markets and verticals
Threats
- Rapid technological changes
- Economic downturns
- Increased competition from open-source alternatives
Competitors and Market Share
Key Competitors
- ORCL
- SAP
- MSFT
- IBM
- VMW
- CTXS
Competitive Landscape
Progress competes with larger players in multiple markets. Its strengths include niche products and a loyal customer base, while its weaknesses include limited brand awareness compared to industry giants.
Major Acquisitions
Chef
- Year: 2020
- Acquisition Price (USD millions): 220
- Strategic Rationale: Expanded Progress's DevOps and application management capabilities.
Kemp
- Year: 2021
- Acquisition Price (USD millions): 258
- Strategic Rationale: Adds network visibility and application experience management.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by organic initiatives and strategic acquisitions.
Future Projections: Future growth projections depend on analyst estimates and company guidance.
Recent Initiatives: Recent initiatives include strategic acquisitions and product enhancements.
Summary
Progress Software Corporation is a relatively strong company in the application development and deployment market. Its growth is mainly driven by strategic acquisitions and recurring revenue, while managing integration challenges and competing with the larger player are key concerns that impact its scalability and profitability. The company needs to closely watch rapid technological changes and economic downturns to sustain its competitive advantage.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Research Reports
- Progress Software Corporation Investor Relations
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Market data is dynamic and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Progress Software Corporation
Exchange NASDAQ | Headquaters Burlington, MA, United States | ||
IPO Launch date 1991-07-30 | CEO, President & Director Mr. Yogesh K. Gupta | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 2815 | Website https://www.progress.com |
Full time employees 2815 | Website https://www.progress.com | ||
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment
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