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Investing in Progress Software Corporation (PRGS)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)38.55-24
Intrinsic value (DCF)50.520
Graham-Dodd Method3.25-94
Graham Formula65.3729

Company description

PRGS is a leading software company that provides businesses with innovative solutions to drive digital transformation and accelerate growth. With a strong commitment to customer success, PRGS offers a comprehensive portfolio of products, including Progress OpenEdge, DataDirect, Sitefinity, and Kendo UI, which are used by organizations of all sizes and industries worldwide. Founded in 1981, the company has since established itself as a reliable and trusted partner for businesses looking to leverage the power of technology to stay ahead of the competition. PRGS is known for its cutting-edge technologies, providing modern application development tools and solutions that make it easier for businesses to meet the evolving demands of today's digital world. The company's customer base spans across over 90 countries, and they have garnered numerous industry accolades, including being named a "Leader" in Gartner's Magic Quadrant for Web Content Management and a "Best-in-Class" solution by market research firm Gleanster. Along with its impressive product offerings, PRGS also boasts a team of experts who are dedicated to providing top-notch support and services to their customers, ensuring their success in the market. As the world continues to prioritize technological advancements, PRGS remains at the forefront, helping businesses thrive and stay ahead of the curve.
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