# Progress Software (PRGS) — Analyst Forecast

PRGS · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/prgs/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 5 | 0 | 0 | 5 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 2, 2026 | DA Davidson | Maintained | Buy | $55.00 |
| Aug 12, 2026 | DA Davidson | Maintained | Buy | $55.00 |
| Jul 23, 2026 | DA Davidson | Maintained | Buy | $45.00 |
| Jul 1, 2026 | Oppenheimer | Maintained | Outperform | $50.00 |
| Jul 1, 2026 | Guggenheim | Maintained | Buy | $83.00 |
| Jul 1, 2026 | DA Davidson | Maintained | Buy | $40.00 |
| Apr 1, 2026 | Citigroup | Maintained | Buy | $46.00 |
| Mar 31, 2026 | Oppenheimer | Maintained | Outperform | $57.00 |
| Mar 31, 2026 | Wedbush | Maintained | Outperform | $45.00 |
| Mar 31, 2026 | Jefferies | Maintained | Hold | $34.00 |
| Mar 25, 2026 | DA Davidson | Maintained | Buy | $50.00 |
| Feb 4, 2026 | DA Davidson | Maintained | Buy | $70.00 |
| Jan 22, 2026 | Wedbush | Maintained | Outperform | $65.00 |
| Jan 22, 2026 | Citigroup | Maintained | Buy | $60.00 |
| Jan 16, 2026 | Citigroup | Maintained | Buy | $54.00 |
| Jan 15, 2026 | DA Davidson | Maintained | Buy | $70.00 |
| Jan 5, 2026 | Jefferies | Maintained | Hold | $45.00 |
| Oct 13, 2025 | Citigroup | Upgraded | Neutral → Buy | $57.00 |
| Sep 30, 2025 | Jefferies | Maintained | Hold | $50.00 |
| Sep 30, 2025 | DA Davidson | Maintained | Buy | $75.00 |

## Frequently Asked Questions

### Is PRGS a buy, sell, or hold?

Analysts covering Progress Software currently average a Buy rating: 5 buy, 0 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on PRGS?

On Oct 2, 2026, DA Davidson maintained Progress Software at Buy with a price target of $55.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).