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Progress Software Corporation (PRGS) Dividend Safety Gauge & 10-Year DRIP Compounder

$44.88 -0.55% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $44.94

Progress Software Corporation (PRGS) earns a Roarable Rating of B (Buy) with 73/100 RQD Confidence. High-quality cash engine (80.8% gross margin, 9% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

ROARABLE B • BUY Cap $1.84B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on PRGS Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is PRGS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Progress Software Corporation (NASDAQ: PRGS) is rated B (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 73/100 at a spot price of $44.88 (-0.55% 1D, market cap $1.84B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 16/20, SEC Balance-Sheet Forensics 13/20, FRED Macro Regime Fit 13/20, and Executive Insider Alignment 16/20. Across 715 tracked Technology issuers, PRGS ranks #54 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does PRGS compare to CNXC and MQ in the Technology sector?
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Within the Technology sector (Computer Software: Prepackaged Software), PRGS carries a Roarable B (73/100 RQD), trailing P/E of 25.1x, gross margin of 80.8%, and ROIC of 8.5%. By comparison, CNXC (Concentrix Corporation) holds a D grade (46/100 RQD, P/E N/A, ROIC -10.4%, cap $1.84B) and MQ (Marqeta Inc. (Class A)) posts a D grade (46/100 RQD, P/E N/A, ROIC -35.0%, cap $1.88B). Among the 5-stock peer group, PRGS leads on earnings multiple (25.1x) while PRGS leads on capital efficiency (8.5% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for PRGS?
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Per PRGS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-11-30, CIK 0000876167), Progress Software Corporation generated $977.8M in revenue (+29.8% YoY), $73.1M in net income, and $229.5M in free cash flow against $2.46B in total assets and $1.04B in total debt. Key quantitative strengths: Strong cash generator (80.8% gross margin)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $44.94 (+0.14%)🧬 Cannibal Buyback (-2.36% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 23.5% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 73/100 (B) historically ranked in the Top 13% of excess returns over the next 90 days (+7.1% avg 90D alpha vs SPY • 69.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERBUY • B
025507510073
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B+ · Rk C
Cash (15)Whales (16)SEC (13)Macro (13)CEO (16)
Each axis scored 0–20
12M PRICE TARGET CONE+6.8% Base Target
$57 Bull$48 Base$37 Bear
📬 FREE PRGS RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for PRGS)Realized 20D OHLCV Swing Band: ±7.5%
Deterministic 5-Pillar Attribution (73/100 Composite)
🔍 WHY PRGS SCORES 73/100 (B) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Whale & Options Positioning+16/20 pts (22% of score)

20D Institutional Volume Accumulation (±7.5% realized swing band)

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+16/20 pts (22% of score)

SEC Form 4 / 13F Thermometer: 80% Net Buy • Cannibal Buyback (-2.36% YoY Shares)

▼ #1 Drag / Risk Factor: Macro Regime Fit13/20 pts (-7 pt drag)

Macro rate sensitivity & RSI-14 (62.7) create a -7 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
65
Grade C+$39.41+10% Next Q
Q2 (-2Q)
68
Grade B-$43.35+4.4% Next Q
Q3 (-1Q)
70
Grade B$45.25-0.8% Next Q
Current
73
Grade B$44.88+7.1% Hist 90D α
Trajectory: C+ (65) → B (73)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the PRGS Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 73/100 (B) score, PRGS faces multiple-compression risk if 25.1x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.36% YoY Shares) — any gross margin slip below 78.3% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($41.86) or 200D SMA ($36.75) invalidates the momentum regime and cuts Target Base ($47.91) toward Bear Floor ($36.80).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $PRGS• $4.8M Crowd Pool • Kalshi / Polymarket Composite
Contract: “PRGS Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”
YES 73%NO 27%Trade / Inspect Odds →
CASH DIVIDEND + BUYBACK YIELD
1.84% Total Yield
0.04% Cash ($0.02/yr) + 1.8% Buybacks
PAYOUT SAFETY SPEEDOMETER
88/100 • REINVESTING IN GROWTH + BUYBACKS
FREE CASH FLOW PAYOUT RATIO
0% (100% Reinvested)
8 consecutive years of payout growth
INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (16.3% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $45,269

Est. Year-10 Shareholder Yield: $833/yr
$11.6K
Yr 1
$13.5K
Yr 2
$15.7K
Yr 3
$18.3K
Yr 4
$21.3K
Yr 5
$24.7K
Yr 6
$28.8K
Yr 7
$33.5K
Yr 8
$38.9K
Yr 9
$45.3K
Yr 10
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher + Cash-Flow & Quality Compounder Desk

Cash-Fortress Compounders: Auditing Free Cash Flow & Yield Safety in PRGS & A-Rated Leaders

  • ✓12-month Bull/Base/Bear fair-value walkthrough on PRGS and its top sector peer
  • ✓Top Roarable A-Rated cash compounders with verified executive & 13F accumulation
  • ✓Includes nightly RQD rating-change & forensic signal email alerts
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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PRGS // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +53.02%▲ ASCENDING CHANNEL
2026-11-03O $44.93H $45.13L $44.88C $44.88VOL 302.0K
RES: $46.97SUP: $38.55SMA50: $41.86SMA200: $36.75
$48.36$42.29$36.22$30.15$24.08RES $46.97SUP $38.55$44.882026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

PRGS Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 PRGS Butterfly Map → + Track PRGS →
Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle
18.8%/yr Implied 5Y Growth

vs. +29.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on PRGS today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for PRGS. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for PRGS today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (PRGS)

Technology Rank #54 of 715 ⚔️ CNXC vs PRGS Full Matrix →

1. Head-to-Head Technology Peer Comparison (PRGS vs. CNXC, MQ, NYAX, AI)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 715 tracked Technology securities in the Roarable RQD universe, Progress Software Corporation (PRGS) ranks #54 by composite RQD confidence (73/100, grade B) and #302 by equity capitalization ($1.84B). Within this direct 5-issuer industry benchmark cohort, PRGS leads on earnings valuation at 25.1x trailing P/E, while PRGS leads on capital efficiency and profitability with 8.5% ROIC and 80.8% gross margin. PRGS currently leads its immediate peer cohort in composite quantitative strength at 73/100 (B).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
PRGS ACTIVE
Progress Software Corporation
B 73/100 25.1x 80.8% 8.5% -0.55% $1.84B Benchmark Subject
CNXC
Concentrix Corporation
D 46/100 — 35.0% -10.4% +2.52% $1.84B /cnxc-vs-prgs →
MQ
Marqeta Inc. (Class A)
D 46/100 — 70.0% -35.0% +2.87% $1.88B /mq-vs-prgs →
NYAX
Nayax Ltd.
D 47/100 — — — +1.15% $1.79B /nyax-vs-prgs →
AI
C3.ai Inc.
D- 37/100 — 30.9% -35.0% -2.53% $1.91B /ai-vs-prgs →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-11-30 • CIK 0000876167 ↗

In its most recent audited fiscal period (FY2025, filed 2025-11-30), Progress Software Corporation (PRGS) reported GAAP revenue of $977.8M (+29.8% vs. FY2024 revenue of $753.4M , and +40.8% cumulative change since FY2023) , GAAP net income of $73.1M, operating cash flow of $235.2M, and free cash flow of $229.5M (+11.2% YoY). On the balance sheet, PRGS closed FY2025 with $2.46B in total assets against $1.04B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 7/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-11-30 $977.8M $73.1M $235.2M $229.5M $2.46B $1.04B
FY2024 (FY) 2024-11-30 $753.4M $68.4M $211.5M $206.3M $2.53B $1.53B
FY2023 (FY) 2023-11-30 $694.4M $70.2M $173.9M $173.9M — —

3. PRGS Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is PRGS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Progress Software Corporation (NASDAQ: PRGS) is rated B (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 73/100 at a spot price of $44.88 (-0.55% 1D, market cap $1.84B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 16/20, SEC Balance-Sheet Forensics 13/20, FRED Macro Regime Fit 13/20, and Executive Insider Alignment 16/20. Across 715 tracked Technology issuers, PRGS ranks #54 in composite RQD confidence.

How does PRGS compare to CNXC and MQ in the Technology sector?

Within the Technology sector (Computer Software: Prepackaged Software), PRGS carries a Roarable B (73/100 RQD), trailing P/E of 25.1x, gross margin of 80.8%, and ROIC of 8.5%. By comparison, CNXC (Concentrix Corporation) holds a D grade (46/100 RQD, P/E N/A, ROIC -10.4%, cap $1.84B) and MQ (Marqeta Inc. (Class A)) posts a D grade (46/100 RQD, P/E N/A, ROIC -35.0%, cap $1.88B). Among the 5-stock peer group, PRGS leads on earnings multiple (25.1x) while PRGS leads on capital efficiency (8.5% ROIC).

What are the biggest fundamental strengths and SEC risk factors for PRGS?

Per PRGS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-11-30, CIK 0000876167), Progress Software Corporation generated $977.8M in revenue (+29.8% YoY), $73.1M in net income, and $229.5M in free cash flow against $2.46B in total assets and $1.04B in total debt. Key quantitative strengths: Strong cash generator (80.8% gross margin)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

Where is PRGS trading relative to its 50-day, 200-day, and 52-week technical levels?

PRGS last traded at $44.88 (-0.55% on volume of 324,803 shares), positioning the stock +7.21% above its 50-day simple moving average ($41.86) and +22.12% above its 200-day simple moving average ($36.75). Across its 52-week range of $23.82 to $47.25, PRGS sits at the 89.9% percentile with a 14-day RSI of 62.7 (BULLISH MOMENTUM) and an implied next-earnings move of ±7.5% ($41.51 to $48.25).

Direct Sub-Reports: PRGS RQD Cockpit PRGS 12M Forecast PRGS Earnings & Move PRGS Dividends & DRIP PRGS Insiders & 13F PRGS Whale Options PRGS Profit Sankey PRGS News & Why
ROARABLE RATING BRIEF • RQD 73/100 (B) ✓ SEC XBRL & RQD VERIFIED

PRGS — Progress Software Corporation: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2025-11-30

1. Roarable Rating Brief: What This Means to a Prospective Investor

Progress Software Corporation (PRGS) earns a live Roarable RQD composite score of 73/100, corresponding to a B letter grade (Roarable Buy) at a spot price of $44.88 (-0.55% 1D, market capitalization $1.84B).

  • Fundamental Cash Engine (15/20): Anchored by return on invested capital (ROIC) of 8.5%, gross margin of 80.8%, operating margin of 15.7%, and free cash flow yield of 12.50%.
  • Whale 13F & Options Flow (16/20) + Insider Conviction (16/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (13/20) + Forensic Balance Sheet (13/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 7/9, and Debt/Equity of 2.18x.

2. Business Model, Unit Margins & SEC Financial Trajectory

Progress Software Corporation is a NASDAQ-listed issuer classified in the Technology sector and the Computer Software: Prepackaged Software industry.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-11-30), Progress Software Corporation (PRGS) reported $977.8M in annual revenue (up from $753.4M in FY2024, +29.8% YoY) and $73.1M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($694.4M revenue, $70.2M net income) through FY2025, PRGS scaled operating cash flow to $235.2M and free cash flow to $229.5M, backed by $2.46B in total assets against $1.04B in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

  • 🐂 Primary Bull Case (B • RQD 73/100): Strong cash generator (80.8% gross margin)—profits are backed by real money, not accounting tricks. Big institutional funds and options desks are actively positioning on the bullish side. With Fundamental Cash Engine at 15/20 and Institutional Whale Flow at 16/20, sustained execution supports upside toward the upper end of the $23.82 – $47.25 52-week range.
  • 🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh 25.1x trailing P/E and 17.6x EV/EBITDA against 15.7% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Computer Software: Prepackaged Software (Technology), PRGS carries a macro regime beta of 1.00 and gross margin of 80.8%.

  • Key Question #1: Can PRGS sustain or expand its 15.7% operating margin and 8.5% ROIC against Computer Software: Prepackaged Software peers over the next 4 quarters?
  • Key Question #2: Following FY2025 revenue of $977.8M and free cash flow of $229.5M, how will capital allocation balance growth reinvestment against $1.04B in total debt?
  • Key Question #3: How sensitive is PRGS's 21.1x forward P/E multiple to Technology capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

PRGS Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Progress Software Corporation (PRGS) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to PRGS Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

PRGS Bull vs. Bear Conversation Board — What's Your Call at $44.88?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON PRGS 🐻 33% BEARISH CONVICTION
1. Pick Your Side on PRGS:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
MI MidwestValue RQD DEBATE OPENER • Fundamental Long-Only 🐂 BULLISH 🎯 Target: $51.90 (+15.0%)
📌 Pinned Debate

Free cash flow yield of 12.5% and FY 2025 free cash flow of $229.5M on $977.8M revenue indicate strong cash generation relative to the

Free cash flow yield of 12.5% and FY 2025 free cash flow of $229.5M on $977.8M revenue indicate strong cash generation relative to the $1.84B market cap.. When you look under the hood at PRGS, Fundamental Cash Engine is 15/20 with 80.8% gross margins and 8.5% ROIC. Bears are staring in the rearview mirror while institutional 13F flow (16/20) has been quietly accumulating below $47.25. My 12M target is $51.90.

VolSurface_Trader 🐂 BULL

@ForensicBear Shorting a 16/20 institutional whale-flow stock at $45.13 is dangerous when funds are rotating into Technology.

FO ForensicBear RQD DEBATE OPENER • 10-K Footnote Auditor 🐻 BEARISH 🎯 Target: $36.10 (-20.0%)
Spot @ $45.13

Debt/Equity of 2.18 and $1.04B in FY 2025 debt against $94.8M cash leave the balance sheet meaningfully leveraged, with ROIC of only

Careful chasing PRGS at $45.13. Debt/Equity of 2.18 and $1.04B in FY 2025 debt against $94.8M cash leave the balance sheet meaningfully leveraged, with ROIC of only 8.5%.. Gross margin is 80.8%, but operating margin is 15.7%, which shows SG&A and reinvestment are eating into bottom-line EPS. Target $36.10 on multiple compression.

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