Progress Software Corporation (NASDAQ:PPRGS) will release earnings for its third quarter after the closing bell on Wednesday, Sept. 30.
Analysts expect the Burlington, Massachusetts-based company to report quarterly earnings of $1.52 per share, up from $1.50 per share in the year-ago period. The consensus estimate for Progress Software’s quarterly revenue is $247.14 million. It reported $249.79 million last year, according to Benzinga Pro.
On Aug. 18, Progress Software named Bridget Collins as chief information officer.
Shares of Progress Software gained 0.5% to close at $40.62 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- DA Davidson analyst Lucky Schreiner maintained a Buy rating and raised the price target from $45 to $55 on Aug. 12, 2026. This analyst has an accuracy rate of 51%.
- Guggenheim analyst John Difucci maintained a Buy rating with a price target of $83 on July 1, 2026. This analyst has an accuracy rate of 70%.
- Oppenheimer analyst Ittai Kidron maintained an Outperform rating and cut the price target from $57 to $50 on July 1, 2026. This analyst has an accuracy rate of 78%.
- Citigroup analyst Fatima Boolani maintained a Buy rating and cut the price target from $60 to $46 on April 1, 2026. This analyst has an accuracy rate of 79%.
- Jefferies analyst Brent Thill maintained a Hold rating and slashed the price target from $45 to $34 on March 31, 2026. This analyst has an accuracy rate of 73%.
Considering buying PRGS stock? Here’s what analysts think:
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