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Upturn AI SWOT - About
PRGS 
Progress Software Corporation (PRGS)
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Upturn Advisory Summary
08/28/2025: PRGS (1-star) is currently NOT-A-BUY. Pass it for now.
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
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $70
1 Year Target Price $70
| 4 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -20.73% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 2.00B USD | Price to earnings Ratio 35.62 | 1Y Target Price 70 |
Price to earnings Ratio 35.62 | 1Y Target Price 70 | ||
Volume (30-day avg) 7 | Beta 0.7 | 52 Weeks Range 42.88 - 70.56 | Updated Date 08/29/2025 |
52 Weeks Range 42.88 - 70.56 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 0.37% | Basic EPS (TTM) 1.3 |
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 - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.63% | Operating Margin (TTM) 17.75% |
Management Effectiveness
Return on Assets (TTM) 5.36% | Return on Equity (TTM) 13.48% |
Valuation
Trailing PE 35.62 | Forward PE 8.23 | Enterprise Value 3383434549 | Price to Sales(TTM) 2.3 |
Enterprise Value 3383434549 | Price to Sales(TTM) 2.3 | ||
Enterprise Value to Revenue 3.92 | Enterprise Value to EBITDA 13.09 | Shares Outstanding 43108300 | Shares Floating 42593633 |
Shares Outstanding 43108300 | Shares Floating 42593633 | ||
Percent Insiders 1.81 | Percent Institutions 117.95 |
Upturn AI SWOT
Progress Software Corporation
Company Overview
History and Background
Progress Software Corporation was founded in 1981. Initially known for its 4GL development environment, it has evolved through acquisitions and organic growth to offer a diverse portfolio of application development, data connectivity, and digital experience solutions.
Core Business Areas
- OpenEdge: The OpenEdge platform provides a comprehensive environment for developing and deploying business applications. It includes a database, 4GL language, and development tools.
- DataDirect: DataDirect provides data connectivity solutions for accessing and integrating data from various sources. It is a leading provider of ODBC, JDBC, and other data access drivers.
- Chef: Chef is an automation platform for continuous automation across infrastructure, applications, and compliance. Progress acquired Chef in 2020.
- Corticon: Corticon is a business rules management system (BRMS) that enables organizations to automate decision-making processes.
- Sitefinity: Sitefinity is a digital experience platform (DXP) that enables organizations to create and manage websites, portals, and mobile applications.
- Kendo UI: Kendo UI is a JavaScript UI component library that provides developers with a comprehensive set of pre-built UI components for building modern web applications.
- MarkLogic: MarkLogic is a multi-model NoSQL database for integrating data assets.
Leadership and Structure
Yogesh Gupta is the CEO. The company has a traditional hierarchical organizational structure with various departments reporting to executive leadership.
Top Products and Market Share
Key Offerings
- OpenEdge: OpenEdge is Progress' flagship application development platform. Market share data is difficult to pinpoint precisely, but it remains a significant player in the 4GL and low-code application development space. Competitors include Oracle, SAP, and Microsoft's Power Platform.
- DataDirect: DataDirect provides data connectivity solutions. DataDirect leads the market for JDBC/ODBC drivers. Competitors include IBM, Intersystems, and Easysoft.
- Chef: Chef is used for configuration management. Competitors include Puppet, Ansible, and SaltStack.
Market Dynamics
Industry Overview
The software industry is characterized by rapid technological advancements, increasing demand for cloud-based solutions, and growing importance of data analytics and digital transformation.
Positioning
Progress Software is positioned as a provider of application development, data connectivity, and digital experience solutions for enterprises. Their competitive advantage lies in their broad product portfolio and established customer base.
Total Addressable Market (TAM)
The TAM for Progress Software's combined markets (application development, data connectivity, and digital experience) is estimated to be in the tens of billions of dollars. Progress is positioned to capture a portion of this TAM through its targeted solutions.
Upturn SWOT Analysis
Strengths
- Established customer base
- Diverse product portfolio
- Strong data connectivity solutions (DataDirect)
- Experienced management team
- Recurring revenue model
Weaknesses
- Complexity of product portfolio
- Potential for integration challenges
- Brand awareness compared to larger competitors
- Dependence on acquisitions for growth
Opportunities
- Expanding cloud-based offerings
- Leveraging data analytics for enhanced solutions
- Acquiring complementary technologies
- Penetrating new geographic markets
- Increased focus on low-code/no-code development
Threats
- Intense competition from larger vendors
- Rapid technological changes
- Economic downturns affecting IT spending
- Security threats and data breaches
- Changing customer preferences
Competitors and Market Share
Key Competitors
- ORCL
- SAP
- MSFT
- IBM
Competitive Landscape
Progress competes with larger, more established vendors in various segments. Its strengths include its specialized solutions, while its weaknesses may include brand recognition.
Major Acquisitions
Chef
- Year: 2020
- Acquisition Price (USD millions): 220
- Strategic Rationale: Expanded Progress' DevOps capabilities and provided a comprehensive automation platform.
Growth Trajectory and Initiatives
Historical Growth: Progress Software's historical growth has been a mix of organic growth and acquisitions. Revenue growth has been consistent.
Future Projections: Future projections are based on analyst estimates which require live data. These estimates depend on market conditions and company performance.
Recent Initiatives: Recent initiatives likely include product updates, new feature releases, and strategic partnerships. Progress has also been actively acquiring companies to expand its product offerings.
Summary
Progress Software is a company with a solid base and diversified product portfolio that has evolved and grown over time with strategic acquisitions. It needs to look out for competition from larger vendors and the rapid pace of technological change. Its strengths include its data connectivity solutions and established customer base. Expanding their cloud based services and capitalizing on data analytics solutions are key growth opportunities.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Public Financial Statements
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.
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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