Time To Buy The Dip In Progress Software Stock?

Progress Software stock has fallen by 20.3% in less than a month, from levels of $64.66 on 6/10/2025 to $51.52 now. Should you buy this dip? Dip buying is a viable strategy for quality stocks when broad market conditions are favorable, provided that the stock has a history of recovering from dips.

As it turns out, not only does Progress Software pass basic fundamental quality checks, but it has also returned (on average) 44% in one year, and 58% as peak return following sharp dips (>30% in 30 days) historically. That said, if you seek upside with lower volatility than individual stocks, the Trefis High Quality portfolio presents an alternative – having outperformed the S&P 500 and generated returns exceeding 91% since its inception.

Historical Median Returns Post Dips

Historical Dip-Wise Details

PRGS had 1 events since 1/1/2020 where the dip threshold of -30% within 30 days was triggered

• 58% median peak return within 1 year of dip event
• 311 days is the median time to peak return after a dip event
• -4.7% median max drawdown within 1 year of dip event

Progress Software Passes Basic Financial Quality Checks

Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.

Dip buying, while attractive, needs to be evaluated carefully from multiple angles. Such multi-factor analysis is exactly how we construct Trefis portfolio strategies. If you want upside with a smoother ride than an individual stock, consider the High Quality portfolio, which has outperformed the S&P, and clocked >91% returns since inception.