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Progress Software Corporation

PRGS · NasdaqGS · Stock · Technology
$43.13
+8.04% today

What Progress Software does

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as 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 for 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; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software 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 manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Key facts

Sector
Technology
Industry
Software - Infrastructure
Market cap
$1.77B
P/E (ttm)
20.9
Forward P/E
6.9
Dividend yield
Beta
0.82
Profit margin
8.9%
Employees
2,801
Headquarters
Burlington, MA, United States
Exchange
NasdaqGS

Performance

1 Month
-1.4%
3 Months
+45.3%
6 Months
+37.8%
1 Year
+2.8%
5 Years
-16.1%
$23.8252-week range$47.37
Biggest setback — last 12 months
-44.2%
29 Sept 2025 → 30 Mar 2026
Fell from $46.17 to $25.76 — its sharpest sustained decline this year.
Biggest run-up — last 12 months
+73.8%
30 Mar 2026 → 24 Aug 2026
Ran from $25.76 to $44.76 — its strongest sustained advance this year.

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Prices and company data are delayed reference figures from public sources and may be inaccurate or out of date. This page is informational only — it is not investment advice or a recommendation to buy or sell any security. Past performance does not indicate future results.