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Progress Software (PRGS) Competitors

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$54.14 +0.24 (+0.45%)
Closing price 07/3/2025 03:39 PM Eastern
Extended Trading
$54.22 +0.09 (+0.16%)
As of 07/3/2025 04:41 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

PRGS vs. CVLT, QLYS, AI, MSFT, ORCL, NOW, FTNT, AXON, DSGX, and PEGA

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include CommVault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), Fortinet (FTNT), Axon Enterprise (AXON), The Descartes Systems Group (DSGX), and Pegasystems (PEGA).

Progress Software vs. Its Competitors

CommVault Systems (NASDAQ:CVLT) and Progress Software (NASDAQ:PRGS) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, media sentiment, dividends, valuation and profitability.

CommVault Systems has a beta of 0.73, suggesting that its share price is 27% less volatile than the S&P 500. Comparatively, Progress Software has a beta of 0.68, suggesting that its share price is 32% less volatile than the S&P 500.

In the previous week, Progress Software had 46 more articles in the media than CommVault Systems. MarketBeat recorded 52 mentions for Progress Software and 6 mentions for CommVault Systems. CommVault Systems' average media sentiment score of 1.08 beat Progress Software's score of 0.97 indicating that CommVault Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CommVault Systems
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
16 Very Positive mention(s)
11 Positive mention(s)
13 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

CommVault Systems presently has a consensus target price of $182.86, suggesting a potential upside of 4.94%. Progress Software has a consensus target price of $75.17, suggesting a potential upside of 38.84%. Given Progress Software's stronger consensus rating and higher probable upside, analysts plainly believe Progress Software is more favorable than CommVault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CommVault Systems
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56
Progress Software
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

93.5% of CommVault Systems shares are held by institutional investors. 1.0% of CommVault Systems shares are held by company insiders. Comparatively, 3.4% of Progress Software shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

CommVault Systems has a net margin of 7.64% compared to Progress Software's net margin of 6.63%. Progress Software's return on equity of 43.72% beat CommVault Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
CommVault Systems7.64% 32.31% 9.39%
Progress Software 6.63%43.72%8.47%

CommVault Systems has higher revenue and earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than CommVault Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CommVault Systems$995.62M7.79$76.11M$1.69103.11
Progress Software$753.41M3.10$68.44M$1.2941.97

Summary

CommVault Systems beats Progress Software on 11 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwareCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$2.32B$160.13B$27.42B$8.95B
Dividend YieldN/A1.29%3.13%4.08%
P/E Ratio41.3338.3036.2320.04
Price / Sales3.1017.152,003.06118.79
Price / Cash8.1127.8437.8357.47
Price / Book5.169.887.265.67
Net Income$68.44M$3.58B$762.23M$248.47M
7 Day Performance-15.09%7.56%2.64%3.32%
1 Month Performance-14.15%8.00%5.90%5.20%
1 Year Performance-0.53%49.04%52,290.29%21.35%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.6871 of 5 stars
$54.14
+0.4%
$75.17
+38.8%
-0.5%$2.32B$753.41M41.332,070Trending News
Earnings Report
Analyst Forecast
Analyst Revision
CVLT
CommVault Systems
4.5304 of 5 stars
$170.50
-1.0%
$175.25
+2.8%
+39.2%$7.60B$995.62M100.893,300Positive News
High Trading Volume
QLYS
Qualys
2.2156 of 5 stars
$140.00
-0.3%
$137.50
-1.8%
+5.5%$5.10B$607.57M28.632,400Positive News
Gap Up
AI
C3.ai
3.8612 of 5 stars
$24.14
+3.1%
$29.46
+22.0%
-9.8%$3.11B$389.06M-10.78700Gap Down
MSFT
Microsoft
4.7014 of 5 stars
$490.11
+0.8%
$515.68
+5.2%
+8.1%$3.61T$245.12B37.88228,000Trending News
Analyst Forecast
ORCL
Oracle
4.5185 of 5 stars
$215.39
+4.0%
$196.74
-8.7%
+64.7%$581.54B$57.40B49.63162,000Trending News
Analyst Forecast
Options Volume
NOW
ServiceNow
4.4545 of 5 stars
$995.87
+1.6%
$1,062.50
+6.7%
+33.0%$202.93B$10.98B135.3126,293Trending News
Analyst Forecast
Options Volume
FTNT
Fortinet
4.2896 of 5 stars
$104.42
+1.2%
$104.80
+0.4%
+73.3%$78.95B$5.96B42.9714,138Positive News
AXON
Axon Enterprise
1.2275 of 5 stars
$794.25
+1.4%
$699.55
-11.9%
+168.2%$60.98B$2.08B191.854,970Positive News
DSGX
The Descartes Systems Group
2.6332 of 5 stars
$103.43
+2.6%
$123.40
+19.3%
+4.3%$8.63B$651M62.312,524Positive News
PEGA
Pegasystems
4.3225 of 5 stars
$51.61
+3.3%
$53.32
+3.3%
+85.1%$8.55B$1.50B50.115,443Ex-Dividend
Insider Trade

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This page (NASDAQ:PRGS) was last updated on 7/4/2025 by MarketBeat.com Staff
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