$44.760
-0.457 (-1.02%)At close
Price Predictions
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PRGS Prediction & Forecast by Similar Chart Analysis
Alphio's PRGS stock price prediction model matches the current Progress Software Corp tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $45.58 (+1.84%). The 1-week path is $45.36 (+1.34%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Progress Software Corp Stock?
Progress Software Corp is a strong buy at the current price of $44.76, supported by a robust RSI of 62.685 indicating upward momentum and a forward P/E of 6.93 suggesting it is undervalued compared to its earnings potential. The recent earnings report showed a revenue of $253.5 million, exceeding expectations by $10.76 million, and a significant year-over-year net income increase of 24%. However, the main risk is the cautious future outlook with management projecting revenue to fall roughly $2 billion short of expectations, which could impact growth.
PRGS stock price ended at $44.76 on Friday, after losing -1.02%
Progress Software Corp (PRGS) last closed at $44.76, losing -1.02%. These facts feed the 1-day and 1-week PRGS price prediction above.
Analyst Consensus
Progress Software Corp (PRGS): 1 buy, 3 hold, 0 sell. Outlook: Hold.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Progress Software Corp (PRGS) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bullish
Similar Chart Patterns
Stocks whose recent price path most closely matches PRGS, ranked by similarity.
Seasonality analysis for PRGS
Historically the probability of a positive August return for PRGS is 66.67%. August offers the highest probability of a positive month at 66.67%, while March is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for PRGS
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $49.67 | $61.02 | $70.20 | +36.33% |
| Sep 2026 | $61.86 | $71.25 | $79.42 | +59.18% |
| Oct 2026 | $57.73 | $68.38 | $75.38 | +52.78% |
| Nov 2026 | $50.91 | $62.75 | $71.21 | +40.20% |
| Dec 2026 | $54.45 | $60.31 | $61.46 | +34.75% |
In 2026, Progress Software Corp (PRGS) is projected to range from $49.67 to $79.42.
Progress Software Corp 2026 monthly forecast
In Aug 2026, Progress Software Corp is projected to average $61.02, with a low of $49.67 and high of $70.20.
In Sep 2026, Progress Software Corp is projected to average $71.25, with a low of $61.86 and high of $79.42.
In Oct 2026, Progress Software Corp is projected to average $68.38, with a low of $57.73 and high of $75.38.
In Nov 2026, Progress Software Corp is projected to average $62.75, with a low of $50.91 and high of $71.21.
In Dec 2026, Progress Software Corp is projected to average $60.31, with a low of $54.45 and high of $61.46.
本頁僅供研究參考，不構成投資建議。模型可能出錯。過往表現不代表未來結果。