Progress Software (PRGS) Price Target: AI vs Analyst Consensus
Our AI model gives Progress Software (PRGS) a 6-month price target of $38.72, representing 3% potential downside from the current price of $39.92. The forecast combines financial fundamentals, technical analysis, and 25+ alternative data signals, including hiring trends, web traffic, employee sentiment, and social media activity. Progress Software’s current AI Score is 45/100 (Neutral).
What’s Driving the PRGS Price Target
These are the signals feeding Progress Software’s AI price target — spanning financial fundamentals, technical analysis, and alternative data — grouped by their recent direction. Improving signals tend to support a higher target; declining signals weigh on it.
PRGS Stock Forecast for 2026
Our AI model gives Progress Software (PRGS) a 6-month price target of $38.72 — 3% downside from the current price of $39.92 — implying a decline toward that level through the rest of 2026. The target updates daily as new PRGS financial, technical, and alternative-data signals come in.
PRGS Price Prediction for 2027–2030
AltIndex does not publish a multi-year model — alternative data is most predictive over the next 6–12 months. Extending the current trajectory as a simple linear extrapolation projects PRGS toward $31.92 by 2030, but long-range estimates carry far more uncertainty and should be treated as directional only. The more reliable signal is whether Progress Software’s AI Score and the drivers above keep improving over time.
Progress Software (PRGS) Monthly Price Forecast
| Month | Forecast | vs Current |
|---|---|---|
| Oct 2026 | $39.72 | -0.5% |
| Nov 2026 | $39.52 | -1% |
| Dec 2026 | $39.32 | -1.5% |
| Jan 2027 | $39.12 | -2% |
| Feb 2027 | $38.92 | -2.5% |
| Mar 2027 | $38.72 | -3% |
Straight-line projection from the latest price ($39.92) toward our 6-month AI target of $38.72. An estimate, not a month-by-month model.
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Frequently Asked Questions: Progress Software Price Prediction
On September 11, Progress Software (PRGS) was assigned a Hold with a target price of $38.72. This signal was predicated on several factors, including a month-over-month drop in business outlook across the company's employees, a long-term decrease in Twitter followers, and a month-over-month drop in Facebook fans.
The conviction in the pick is medium due to the moderate amount of alternative data available.
Based on Alternative Data, Progress Software is a hold.
Alternative data suggests that it's recommended to approach Progress Software (PRGS) with caution. While there are positive indicators, the overall assessment suggests a hold based on Alternative Data analysis. However, this information should not be considered financial advice.
With an AI score of 45, the PRGS stock forecast suggests stability.
To predict the price for PRGS in 2027, we can extrapolate the AI price target. This approach projects PRGS's price to reach $39.12.
To predict the price for PRGS in 2030, we can again extrapolate the AI price target. This approach projects PRGS's price to reach $31.92.
When predicting the price for PRGS, our approach incorporates multiple scores assessing different aspects of the company. The Brand score measures growth and engagement across social media channels, indicating audience reach. The Employee score evaluates workforce health, considering job postings, business outlook, and employee ratings. The Customer score examines engagement on websites, app downloads, and sentiment in stock forums. Lastly, the Fundamental score analyzes financial statements and analyst ratings. By evaluating this data, we gain a holistic view of the company's performance, enabling more informed price predictions.
Based on technical analysis of how the price has moved over the last 6 months, the likelihood of the price going up tomorrow is 41%. Note that this is a simplistic analysis and should be used with caution, as prices are influenced by a myriad of factors.
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