PRGS NASDAQ Week ended 24 Jul 2026

Weekly Investor Report

Progress Software Corporation · Technology · Software - Infrastructure

Latest close 37.85 USD
-6.7% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is 9.0% above the Trend Line and sits at 51.7% of its 52-week range. The latest completed week returned -6.7%, after a 14.2% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. Options positioning is bullish with 36/100 conviction, while the latest news-sentiment score is 55/100. Near-term considerations: volume confirmation is below normal; earnings are due in 59d.

Setup score 40 out of 100
Latest Close 37.85 USD 24 Jul 2026
1W Return -6.7% latest completed week
4W Return 14.2% short-term follow-through
12W Return 30.7% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
What is working
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Activity pressure is weak, so confirmation is not yet broad enough.
  • The share remains more than 20% below its 52-week high.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is 9.0% above the Trend Line and sits at 51.7% of its 52-week range. The latest completed week returned -6.7%, after a 14.2% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.7x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.3412-week average 0.14

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure6/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.34Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 14.2% over four weeks, 30.7% over 12 weeks, and -25.5% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-6.7%
4W14.2%
12W30.7%
26W-10.8%
52W-25.5%
Active trend streak0 weeks
Active weeks in one year0
Trend breadth0.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.09Latest activity-pressure read.
Pressure change144.8%Four-week change in activity pressure.
Leadership-10.89Latest relative-leadership reading.
RS change60.6%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 30 Nov 2025 Field coverage 97% Model confidence 97%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength79/100Blend of value, momentum, and quality. Underlying universe rank 22; rank 1 is best.
Value77/100Relative valuation strength. Underlying universe rank 24; rank 1 is best.
Quality89/100Profitability and accounting quality. Underlying universe rank 12; rank 1 is best.
Momentum12/100Medium-term price momentum. Underlying universe rank 89; rank 1 is best.
Growth76/100Revenue and earnings growth. Underlying universe rank 25; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
17.4x
Price divided by trailing earnings.
Price / sales
1.5x
Market value relative to trailing revenue.
EV / EBITDA
9.7x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
11.6%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
79.2%
Gross profit retained from each unit of revenue.
Operating margin
16.0%
Operating profit retained from revenue.
Free-cash-flow margin
32.1%
Free cash flow generated from revenue.
Return on invested capital
7.7%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
15.5%
Latest one-year revenue growth.
EPS growth
54.6%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
77.0%
Latest one-year free-cash-flow growth.
Piotroski F-score
7/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
0.0%
Cash dividends relative to market value.
Buyback yield
5.9%
Net share repurchases relative to market value.
Shareholder yield
5.9%
Dividend yield plus net buyback yield.
Net debt / EBITDA
4.3x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

PRGS shows bullish options pressure with a 36/100 conviction score, put-call volume ratio of 0.37, expected move of 17.3%, and Sharemaestro trend signal inactive.

Conviction36/100
Expected move17.3%
Put/call volume0.37
Pressure48
Speculation7
Volatility75
Trend agreement24
Open options detail
Insider activity9 / 6

9 acquisitions and 6 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment55/100

Weighted news tone is neutral across 66 relevant articles.

22 positive · 38 neutral · 6 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings59dNext report is scheduled for 28 Sep 2026; event risk rises as the date approaches.
Options expected move17.3%Nearest-chain priced movement where available.
52-week drawdown-25.7%Distance below the 52-week high.
13-week volatility7.3%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+16.1%Week of 17 Apr.
Worst week-15.0%Week of 13 Feb.
Latest week-6.7%Week of 24 Jul.

Shape of recent returns

Strong gains9
Modest gains4
Flat weeks0
Modest losses2
Sharp losses11
Recent vol7.3%13-week weekly-return volatility.
Base vol7.0%52-week weekly-return volatility.
Up/down split26/26Count of positive and negative weeks in the 52-week window.
Average skew5.4% / -6.0%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202637.85 USD-6.7%34.72 USD50.76 USD1.09-10.892.6MOff
17 Jul 202640.55 USD7.1%34.91 USD50.89 USD1.17-7.063.3MOff
10 Jul 202637.86 USD-1.5%34.99 USD51.00 USD0.96-17.513.1MOff
3 Jul 202638.42 USD15.9%35.22 USD51.12 USD0.77-15.747.3MOff
26 Jun 202633.15 USD11.7%35.39 USD51.23 USD0.45-27.636.3MOff
19 Jun 202629.68 USD-5.7%35.66 USD51.39 USD0.17-39.382.9MOff
12 Jun 202631.47 USD0.4%36.03 USD51.54 USD-0.01-35.492.4MOff
5 Jun 202631.36 USD-4.5%36.38 USD51.71 USD-0.32-35.623.9MOff
29 May 202632.83 USD10.2%36.75 USD51.89 USD-0.55-36.992.6MOff
22 May 202629.78 USD7.1%37.07 USD52.06 USD-0.78-42.362.9MOff
15 May 202627.81 USD-6.9%37.61 USD52.24 USD-0.95-46.642.9MOff
8 May 202629.87 USD3.2%38.19 USD52.43 USD-0.91-44.082.7MOff
1 May 202628.95 USD6.3%38.68 USD52.59 USD-0.96-44.014.8MOff
24 Apr 202627.23 USD-12.0%39.26 USD52.74 USD-0.96-47.614.7MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.