Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Progress Software Corporation before investing.

In this article, we go over a few key elements for understanding Progress Software Corporation’s stock price such as:

• Progress Software Corporation’s current stock price and volume
• Why Progress Software Corporation’s stock price changed recently
• Upgrades and downgrades for PRGS from analysts
• PRGS’s stock price momentum as measured by its relative strength

About Progress Software Corporation (PRGS)

Before we jump into Progress Software Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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.

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Progress Software Corporation’s Stock Price as of Market Close

As of March 03, 2026, 4:00 PM, CST, Progress Software Corporation’s stock price was $38.880.

Progress Software Corporation is up 0.83% from its previous closing price of $38.560.

During the last market session, Progress Software Corporation’s stock traded between $36.470 and $39.790. Currently, there are approximately 42.69 million shares outstanding for Progress Software Corporation.

Progress Software Corporation’s price-earnings (P/E) ratio is currently at 23.4, which is low compared to the Software industry median of 27.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Progress Software Corporation Stock Price History

Progress Software Corporation’s (PRGS) price is currently down 7.16% so far this month.

During the month of March, Progress Software Corporation’s stock price has reached a high of $41.790 and a low of $36.470.

Over the last year, Progress Software Corporation has hit prices as high as $65.500 and as low as $34.570. Year to date, Progress Software Corporation’s stock is down 9.5%.

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What Caused Progress Software Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 03, 2026, there were 0 analysts who downgraded Progress Software Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Progress Software Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Progress Software Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Progress Software Corporation’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Progress Software Corporation (PRGS) by visiting AAII Stock Evaluator.

Relative Price Strength of Progress Software Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 03, 2026, Progress Software Corporation has a weighted four-quarter relative price strength of -9.32%, which translates to a Momentum Score of 22 and is considered to be Weak.

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Progress Software Corporation Stock Price: Bottom Line

As of March 3, 2026, Progress Software Corporation’s stock price is $38.880, which is up 0.83% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Progress Software Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.