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Smart Investors Daily
PR

NASDAQ · PRGS

Progress Software Corporation

Technology · Software - Application

$40.61

Down-$0.20 (-0.49%)

Updated Sep 11, 2026, 12:27 PM

SID Score

4.3/10

Composite research score

Smart Money

—

Institutional and insider signal

Market cap
1.95B
P/E ratio
39.96
Dividend yield
0.00%
52-week range
$23.82 – $46.36
Volume
383.83K
Avg. volume
786.33K

Price performance

PRGS price history

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Latest PRGS news

The latest Smart Investors Daily articles mentioning PRGS.

Stock researchCompany · Overview

PRGS research

Overview

Company profile and research snapshot.

Company profile

Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
—
Average target
$70.75
Implied upside
—
Analysts
—
PRGS recent ratings
DateFirmRatingTarget
Aug 12, 2026DA DavidsonBuy—
Jul 23, 2026DA DavidsonBuy—
Jul 1, 2026GuggenheimBuy—
Jul 1, 2026DA DavidsonBuy—
Jul 1, 2026OppenheimerOutperform—
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Yahoo · Sep 2, 2026

Progress Software (PRGS) AI Push Revives The Case For An Undervalued Stock

Progress Software (PRGS) has drawn fresh attention after launching new Progress Telerik and Kendo UI releases that embed context-aware AI into UI creation, debugging, document processing and legacy modernization for developer teams. Against that backdrop, Progress Software’s 30 day share price return of 11.41% and 90 day share price return of 41.49% suggest firm positive momentum. However, the 3 year total shareholder return of a 22.67% decline highlights how recent optimism follows a much...

Yahoo · Sep 2, 2026

What Is Progress Software (PRGS) Launching In Its New AI UI Release?

Progress Software (NasdaqGS: PRGS) announced a major AI powered release for its Telerik and Kendo UI product lines, focused on agent driven development for user interfaces. The update adds AI agents that can generate UI components, support smarter debugging, and interact directly with application documents to assist developers. New capabilities target automated accessibility compliance and more efficient modernization of legacy front ends for enterprise applications. This kind of AI powered...

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