Progress Software (NASDAQ:PRGS) Issues Q4 2025 Earnings Guidance

Progress Software (NASDAQ:PRGS) updated its fourth quarter 2025 earnings guidance on Monday. The company provided EPS guidance of 1.290-1.350 for the period, compared to the consensus EPS estimate of 1.210. The company issued revenue guidance of $250.0 million-$256.0 million, compared to the consensus revenue estimate of $251.5 million. Progress Software also updated its FY 2025 guidance to 5.500-5.560 EPS.

Progress Software Stock Performance

Shares of PRGS stock opened at $42.61 on Tuesday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.43 and a current ratio of 0.43. Progress Software has a one year low of $40.29 and a one year high of $70.56. The company’s 50-day simple moving average is $44.86 and its 200-day simple moving average is $53.60. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.99 and a beta of 0.68.

Progress Software (NASDAQ:PRGS) last issued its quarterly earnings results on Monday, June 30th. The software maker reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. Progress Software had a net margin of 6.63% and a return on equity of 43.72%. The business had revenue of $237.36 million for the quarter, compared to analysts’ expectations of $237.23 million. During the same quarter last year, the company posted $1.09 earnings per share. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. Equities analysts anticipate that Progress Software will post 4.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

PRGS has been the topic of several research analyst reports. DA Davidson raised their price objective on Progress Software from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, July 1st. Guggenheim restated a “buy” rating and set a $83.00 price objective on shares of Progress Software in a research note on Friday, June 27th. Wall Street Zen downgraded shares of Progress Software from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Jefferies Financial Group restated a “hold” rating on shares of Progress Software in a research report on Friday, June 27th. Finally, Wedbush reissued an “outperform” rating and issued a $75.00 target price on shares of Progress Software in a report on Friday, June 27th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $73.33.

Insider Buying and Selling at Progress Software

In other news, Director Rainer Gawlick acquired 1,710 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average cost of $43.48 per share, for a total transaction of $74,350.80. Following the transaction, the director directly owned 55,544 shares in the company, valued at $2,415,053.12. This trade represents a 3.18% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Krall purchased 5,125 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The shares were acquired at an average cost of $48.90 per share, for a total transaction of $250,612.50. Following the acquisition, the director owned 100,090 shares of the company’s stock, valued at approximately $4,894,401. The trade was a 5.40% increase in their position. The disclosure for this purchase can be found here. 3.40% of the stock is currently owned by company insiders.

Institutional Trading of Progress Software

Several hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its stake in Progress Software by 0.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 675,946 shares of the software maker’s stock valued at $43,152,000 after acquiring an additional 3,261 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Progress Software by 75.6% during the first quarter. Goldman Sachs Group Inc. now owns 560,943 shares of the software maker’s stock valued at $28,894,000 after purchasing an additional 241,515 shares in the last quarter. Public Sector Pension Investment Board raised its stake in shares of Progress Software by 5.5% during the second quarter. Public Sector Pension Investment Board now owns 166,241 shares of the software maker’s stock valued at $10,613,000 after purchasing an additional 8,601 shares in the last quarter. Amundi raised its stake in shares of Progress Software by 640.7% during the second quarter. Amundi now owns 155,526 shares of the software maker’s stock valued at $9,929,000 after purchasing an additional 134,528 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Progress Software during the second quarter valued at about $9,337,000.

Progress Software Company Profile

Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers.