Progress Software Corporation Common Stock (DE) (PRGS) Stock Forecast — 2-Week Outlook

StockMap's current 2-week read on Progress Software Corporation Common Stock (DE) (PRGS) is Neutral.

The composite score behind that read is +0.08, weighing +0.15 of bullish evidence against -0.20 bearish.

Progress Software Corporation Common Stock (DE) last closed at $39.33, +2.74% on the session.

Against the IVW growth benchmark the position is +1.94% over the forecast window.

The read is built from 15 underlying insights — 8 bullish and 7 bearish.

Agreement across those insights is 47%.

14 graded predictions for PRGS so far. We publish our accuracy across thousands of stocks in the open, misses included — no per-stock hit rate is claimed on a small sample.

On the fundamentals StockMap ranks Progress Software Corporation Common Stock (DE) in the 54th percentile on valuation and the 78th percentile on return on equity, where 100 is best.

Progress Software Corporation Common Stock (DE) is classified under Information Technology / Software, with a market capitalisation of $1.56B.

StockMap tracks Progress Software Corporation Common Stock (DE) as the 111th largest of the 197 companies it covers in the Software industry, part of the Information Technology sector.

Across that group the current two-week reads are 149 Neutral, 37 Moderate Outperform and 11 Moderate Underperform.

On that composite Progress Software Corporation Common Stock (DE) ranks 90th of 197 in the group, against a group median of +0.06.