The Cross-Chain Giant Set for 1,000%+ Gains
This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.
Shares Stats
| Shares Outstanding | 43,020,000 |
| Shares Float | 42,260,000 |
| Shares Short | 5,530,000 |
| Insider Holdings | 167% |
| Institution Holdings | 119.93% |
About Progress Software Corp
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of 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 offering 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 for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments 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
General
| Name | Progress Software Corp |
| Ticker | PRGS |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 2,815 |
Highlights
| Analyst Target | 71.71 |
| Market Cap | 2,632,600,000 |
| PE Ratio | 47.48 |
| PEG Ratio | 2.43 |
| EBITDA | 275,092,000 |
Financials
| Curr Year EPS Estimate | 5.29 |
| Profit Margin | 7.03% |
| Operating Margin | 19.94 |
| Return on Assets | 0.05 |
| Return on Equity | 0.13 |
| Revenue | 806.7M |
| Earnings Per Share | 1.27 |
| Revenue Per Share | 18.70 |
| Gross Profit | 694,620,032 |
| Quarterly Revenue Growth | 0.29 |
Valuation
| Trailing PE | 47.78 |
| Forward PE | 12.14 |
| Price/Sales (Trailing 12 Mt.) | 3.24 |
| Price/Book (Most Recent Quarter) | 6.09 |
Dividend
Progress Software Corp pays out a dividend of $0.35 per share, with a dividend yield of 0.57%.
PRGS's last dividend payment was made to shareholders on September 16, 2024.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
| Sep 16, 2024 | $0.18 |
| Jun 17, 2024 | $0.18 |
| Mar 15, 2024 | $0.18 |
| Dec 15, 2023 | $0.18 |
| Sep 15, 2023 | $0.18 |
| Jun 15, 2023 | $0.18 |
Federal Reserve official sees signs of slowing economy but not ready to cut rates
WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to cut back on hiring and spending, threatening to , but he added that it’s not yet clear whether the central bank should cut its key interest rate.
Trade Desk Turnaround: Analyst Sees Company Returning To 20% Growth After Impressive Earnings
TTD stock soars as company surpasses Q1 expectations and raises Q2 revenue outlook. Analysts also raise price forecasts and outlook for company.
Nvidia Is About to Shock the World: July 23rd - Ad
Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.
Unfavorable Sports Outcomes Have Negatively Affected DraftKings' Outlook: Analyst
Needham analyst Bernie McTernan maintained a Buy rating on DraftKings Inc. (NASDAQ:DKNG) and reiterated the $65 price forecast following the first quarter results reported on Thursday.
Lyft Is Executing Well But Analysts Caution About Uber And Waymo Competition
Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20. Strong growth despite competition.
Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad
Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.
Warren Buffett's Top Stock Picks Now Come With a 15% Income Bonus Through This Fund
A new ETF is offering investors the chance to follow in the footsteps of one of the world's most successful investors and earn income at the same time.
Cathie Wood Sells Palantir Shares Worth $2.65 Million Ahead Of Earnings, Doubles Down On This Chip Giant
On Wednesday, April 30, 2025, Cathie Wood sold $2.65 million worth of Palantir shares through various ARK ETFs.
World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad
Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.
Yale Classmates Urge Bessent To Reconsider Trump White House Role — Treasury Secretary Calls It an 'Honor'
A group of Yale University alumni publicly appealed to Treasury Secretary Bessent, urging him to reevaluate his position within the Trump administration.
Bill Gates Says 'Luckily' His Daughter Phoebe Gates Never Asked Him To Back Her Business
Bill Gates is glad his daughter Phoebe never asked him to back her business, as it could have complicated their relationship.
Gold Is Breaking Records. This Stock Hasn't Moved Yet. - Ad
With gold over $3,200, one near-term producer is still trading like a developer. But the mill is running, crews are working underground, and first production is months away.
Jeff Sperbeck, former agent for John Elway, dies after injury at 62
LA QUINTA, Calif. (AP) — Jeff Sperbeck, a business partner and former agent for NFL Hall of Famer John Elway, died Wednesday after suffering an injury last weekend at a Southern California golf resort community. He was 62.
Tesla, Palantir And Coinbase Are Among Top 11 Large-Cap Gainers Last Week (Apr 21-Apr 25): Are The Others In Your Portfolio?
These large-cap stocks had strong gains last week. Mobileye, ServiceNow, and Microchip saw the biggest jumps, while Tesla and Robinhood also rose.
Do This Before Potential Tariff Announcement on May 15th - Ad
While the market whipsaws on every Trump tariff headline, Larry Benedict's readers have had the chance to quietly bank gains as high as 100%-sometimes in a single day. His 3-green-arrow system spots massive swings before they happen. The next setup hits May 15.
60,000 Americans to lose their rental assistance and risk eviction unless Congress acts
Moments after Daniris Espinal walked into her new apartment in Brooklyn, she prayed. In ensuing nights, she would awaken and touch the walls for reassurance — finding in them a relief that turned to tears over her morning coffee.
Saudi Arabia and Qatar to pay back Syria's debt to the World Bank
BEIRUT (AP) — Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a move likely to make the international institution resume its support to the war-torn country.
Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad
Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.
UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.
Trump's Autonomous Vehicles Stance, Bezos Vs. Tesla, And More: This Week In Mobility
Autonomous driving & EV have seen significant developments this week: Trump's change of heart, Bezos-backed startups, & Tesla's declining sales.
The Most Important "AI Stock" You've Never Heard Of - Ad
The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.
Rocket Lab Stock Is Shooting Higher Thursday: What's Fueling The Launch?
Rocket Lab USA Inc (NASDAQ:RKLB) shares are trading higher Thursday after the company announced it was selected by Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) to provide a hypersonic test flight for the U.S. Department of Defense (DOD).
SoFi Stock Is Up 11% This Week: What's Going On?
Shares of SoFi Technologies have surged 11% since Monday's open. The company on Tuesday announced a strategic expansion into alternative investments.
Tech Millionaire: "Here's Where I'd Put $10,000 After the Selloff" - Ad
A little-known breakthrough is already showing up in Amazon's 1,285 warehouses... could soon be in every middle-class household in America... and might create more millionaires in the coming years than any other investment.
US robot makers hope to beat China in humanoid race. Tariffs could affect their ambitions
BOSTON (AP) — weren't on the agenda of this week's Robotics Summit, where thousands of tech industry workers mingled with humanoid and other robot varieties and talked about how to build and sell a new generation of increasingly autonomous machines.
Tens of thousands of Los Angeles County workers begin 2-day strike
LOS ANGELES (AP) — More than 50,000 Los Angeles county workers began a two-day strike Monday evening, closing libraries and disrupting administrative operations across the nation's most populous county.
Gold Is Being Poured. the Market Hasn't Reacted. - Ad
A test mining program just demonstrated that an experienced mining team has unlocked the value in a built mine atop a high-grade gold deposit. Ore's already been processed. But the stock is still trading like it's early stage. That won't last long.
Apple's AI Team Undergoes Major Restructuring Amidst Performance Concerns
Apple Inc. (NASDAQ: AAPL) has embarked on a major overhaul of its artificial intelligence (AI) and machine learning divisions, shifting elements to different departments within the organization.
Michael Saylor Considers Competition Copying Strategy's Bitcoin Playbook Mutually Beneficial: 'The More Companies That Join, The Better It Is'
Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor expressed optimism about the growing adoption of the Bitcoin standard among businesses on Thursday.
The Cross-Chain Giant Set for 1,000%+ Gains - Ad
This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.
Nigel Farage takes aim at the UK's dominant parties with hefty gains in local elections
LONDON (AP) — The hard-right party Reform UK led by snatched a seat in Parliament from the governing Labour Party and won hundreds of local council seats from the opposition Conservatives in elections that Farage hailed Friday as a turning point towards ending the two parties' poltiical dominance.
Immigrants working legally in the Texas Panhandle live in limbo under Trump's crackdown
PANHANDLE, Texas (AP) — The truck driver is cutting his lawn on a windy afternoon, in a town so quiet you can take afternoon walks down the middle of Main Street.
A New Gold Discovery in Red Lake? - Ad
Two new gold anomalies just lit up the maps. They sit right beside a restart-ready mine-and follow the exact fold pattern that's made Red Lake world famous.
Robert Kiyosaki's Stern Warning: 'Tariffs Won't Protect You, Tariffs Only Increase Inflation As Jobs Are Lost And Wages Come Down'
Robert Kiyosaki recently expressed concerns over job security in the face of increasing tariffs and the rise of artificial intelligence (AI).
This CEO Says Tariff Uncertainty Is Actually Good for His Business
John Santora, the CEO of WeWork, has revealed that the current economic uncertainty due to tariffs is driving an increase in business for the coworking space company.
50 Major Companies That Will Likely Fail to Survive Trump's MAGA Economy - Ad
50 major companies that will likely fail to survive Trump's MAGA economy. Many have 5-star ratings. Most are "buys" per Wall Street. But they're dead companies.
Surveillance video shows New York-to-Paris flight stowaway slipping past gate agents
NEW YORK (AP) — The woman who was able to sneak onto a New York-to-Paris flight without a boarding pass late last year was able to get on the plane by glomming onto a group of ticketed passengers as they passed gate agents, new surveillance video shows.
Mark Zuckerberg Denies Tilt Towards Donald Trump, Says Big Tech Must Work With 'Whoever' Is In Power, Describes Last Decade As 'Painful Maturation Process'
Zuckerberg denies Silicon Valley bias towards Trump, says Meta wants productive relationship with any government.
This Intercept Stopped the Gold Sector Cold - Ad
114.26 g/t over 10.6m. That's not a typo. And it wasn't deep exploration-it was in an active mining zone.
Wall Street CEOs Pull The 'Trump Tariff' Card: Is Macro Fear The New Excuse For Weak Guidance?—Asks Leading Fund Manager
As "macro uncertainty" and "Trump's tariffs" become the go-to scapegoats for CEOs this earnings season, fund manager Gary Black isn't buying it.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.