Explore Progress Software's (PRGS) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Investors interested in stocks from the Computer - Software sector have probably already heard of Progress Software (PRGS) and Cadence Design Systems (CDNS). But which of these two stocks offers value investors a better bang for their buck right now?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.8% in Progress Software (PRGS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
| Software Industry | Information Technology Sector | Yogesh K. Gupta CEO | XMUN Exchange | US7433121008 ISIN |
| US Country | 2,801 Employees | 16 Sep 2024 Last Dividend | 31 Jan 2011 Last Split | 30 Jul 1991 IPO Date |
Progress Software Corporation is a global provider of application development, deployment, and management solutions, serving customers both in the United States and internationally. Having been in the industry since 1981, the company delivers a broad spectrum of products and services designed to meet the critical needs of businesses. Operating from its headquarters in Burlington, Massachusetts, Progress Software Corporation caters to a diverse clientele, including end-users, independent software vendors, original equipment manufacturers, system integrators, value-added resellers, and distributors. Their comprehensive offerings span across various domains including DevOps, DevSecOps automation, application development, digital experience management, network monitoring, decision automation, and secure data connectivity, among others.
In addition to its comprehensive product suite, Progress Software Corporation offers a range of services including project management, implementation, custom software development, programming, and web-application enablement, complemented by an array of training services. These offerings underscore the company's commitment to supporting its clients through every stage of their application development and management lifecycle.