What Is Progress Software Corporation (PRGS) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, Progress Software Corporation's intrinsic value is estimated at $49.75, presenting a divided outlook at the current price of $38.23. With an average implied return of +30.1% across a split 5–4 (bull–bear) consensus, the model spread of +477.3% underscores analytical uncertainty. Notably, Markov DDM sees the most upside at +410.4% (fair value: $195.13), while Sentiment SOTP is the most conservative at -66.8% ($12.68). The spread between these extremes — +477.3% — reveals how different analytical frameworks can reach starkly different conclusions.
What Do the Models Say About PRGS?
12 of 13 models are currently active for PRGS. Of these, 8 models suggest upside while 4 models suggest overvaluation. The Bayesian DCF estimates PRGS's intrinsic value at $59.47, implying +55.6% upside from the current price. See which stocks rank higher →
How Does PRGS Rank in Services-Prepackaged Software?
Among 208 Services-Prepackaged Software stocks, PRGS ranks #22 by Quality of Company score. CirclFi's QOC score of 9.5/10 evaluates 32 fundamental signals. A score of 9.5 places PRGS in the top tier.
See all Most Undervalued Services-Prepackaged Software Stocks →
The Services-Prepackaged Software sector introduces analytical considerations specific to software business businesses. For Progress Software Corporation, metrics like annual recurring revenue (ARR) provide important context that general-purpose valuation models may underweight.
Is PRGS a Value Trap?
CirclFi's Value Trap algorithm assigns PRGS a score of 11/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
12 of 13 models are active for Progress Software Corporation. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi Deep Alpha Valuation Engine, Progress Software Corporation scores 9.5 out of 10 on our 32-signal quality assessment, a elite rating that ranks among the highest-quality businesses in our coverage universe. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.
The gap between the most bullish and bearish model spans +477.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every PRGS valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across PRGS's 12 active models, average confidence is 49%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →
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