PRGS
Progress Software Corporation · Technology · Software - Infrastructure
Last
$41.91
−$0.19 (−0.44%) 4:00 PM ET
After hours $42.50 +$0.59 (+1.42%) 7:27 PM ET
Prev close $42.09
Open $41.79
Day high $42.23
Day low $40.82
Volume 794,367
Avg vol 1,256,945
Mkt cap
$1.76B
P/E ratio
25.24
FY Revenue
$977.83M
EPS
1.66
Gross Margin
80.82%
Sector
Technology
AI report sections
PRGS
Progress Software Corporation
No AI report section text found yet for this symbol.
AI summarized at 10:50 PM ET, 2025-06-25
Volume vs average
Intraday (cumulative)
−35% (Below avg)
Vol/Avg: 0.65×
RSI
55.70 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.00 (Weak)
MACD: -0.02 Signal: -0.02
Short-Term
+0.41 (Strong)
MACD: -0.32 Signal: -0.72
Long-Term
+0.14 (Strong)
MACD: -0.82 Signal: -0.97
Intraday trend score 54.00

Latest news

PRGS 12 articles Positive: 9 Neutral: 3 Negative: 0
Positive The Motley Fool • Joe Tenebruso
Why Progress Software Popped Today

Progress Software shares jumped 10.62% after reporting strong Q4 results with operating income surging 78% and adjusted EPS of $1.51, beating Wall Street estimates of $1.31. The company issued an upbeat fiscal 2026 guidance with expected revenue of $986 million to $1 billion and cash from operations of $263-277 million, citing strong positioning in the AI-driven market.

PRGS Progress Software Q4 earnings operating income growth AI-focused offerings fiscal 2026 guidance cash flow earnings per share
Sentiment note

Strong Q4 financial results with 78% operating income surge, adjusted EPS beating estimates by 15%, upbeat full-year guidance, and CEO confidence in AI-driven market positioning drove a 10.62% stock price increase.

Positive GlobeNewswire Inc. • Progress Software
Progress Software Makes Its Debut in Digital Experience Platform Evaluation by Independent Research Firm

Progress Software was recognized by Forrester Wave as a top digital experience platform vendor, highlighting its AI-powered capabilities in delivering personalized, dynamic digital experiences across multiple industries.

PRGS digital experience platform AI Forrester Wave Sitefinity Agentic RAG
Sentiment note

Earned highest score in search criterion, recognized by Forrester Wave, integrated AI capabilities, praised for ease of use and platform flexibility

Positive GlobeNewswire Inc. • Progress Software
Progress Software Brings Agentic AI to its Latest Telerik and Kendo UI Release, Transforming How Modern Business Apps Are Built

Progress Software launched its Q4 2025 release of Telerik and Kendo UI developer toolsets, introducing Agentic AI capabilities that enable developers to generate enterprise-grade screens from simple prompts, potentially reducing development cycles by up to 50%.

PRGS Agentic AI UI Generator developer tools code generation enterprise software
Sentiment note

Introduced innovative AI-powered development tools that promise significant productivity improvements and faster application development

Positive Benzinga • Rishabh Mishra
Stock Market Today: Nasdaq, Dow Futures Slip As Shutdown Standoff Drags On—Cigna, Wolfspeed, Nike In Focus (UPDATED)

U.S. stock futures fell on Tuesday as a potential government shutdown looms, with lawmakers having until midnight to reach an agreement. Markets are anticipating potential Federal Reserve interest rate cuts and monitoring upcoming economic data releases.

WOLF CI NKE PRGS government shutdown stock futures Federal Reserve interest rates
Sentiment note

Reported better-than-expected Q3 results and raised full-year revenue guidance

Positive Benzinga • Adam Eckert
Progress Software Stock Jumps On Strong Q3 Earnings, Raised Guidance

Progress Software reported strong Q3 earnings with 40% revenue growth and raised full-year guidance, leading to a stock price increase in after-hours trading.

PRGS earnings revenue guidance software quarterly results
Sentiment note

Company exceeded Q3 earnings expectations, increased annual recurring revenue by 47%, raised full-year revenue and earnings guidance, and demonstrated strong financial performance with $99 million in cash and cash equivalents

Neutral GlobeNewswire Inc. • Mike Cordonnier
Carlsmed, Inc. Appoints Jennifer Kamocsay as Chief Legal Officer and Secretary

Carlsmed has appointed Jenifer Kamocsay as Chief Legal Officer and Secretary, bringing over two decades of corporate legal experience from life science and technology sectors to strengthen the company's leadership team.

CARL PRGS legal appointment corporate governance spine surgery AI technology
Sentiment note

Mentioned as previous employer of new executive, no specific context provided

Neutral Benzinga • Benzinga Staff Writer
Preview: Progress Software's Earnings

Progress Software is set to release Q3 2025 earnings, with analysts expecting $1.19 EPS. The company has shown strong revenue growth of 35.57% and impressive net margins, but faces challenges with a high debt-to-equity ratio.

PRGS NABL TDC ATEN earnings software technology financial performance
Sentiment note

Mixed financial indicators: Strong revenue growth (35.57%) and net margins, but previous quarter saw stock price drop 13.03% after earnings and has 52-week negative return of 38.54%

Positive GlobeNewswire Inc. • Progress Software
Progress Software Unveils Breakthrough SaaS RAG Platform Designed to Make Trustworthy and Verifiable Generative AI Accessible Across Organizations of all Sizes

Progress Software launched Progress Agentic RAG, a SaaS platform enabling organizations to transform unstructured data into actionable intelligence using generative AI with affordable, trustworthy, and verifiable technology.

PRGS RAG Generative AI SaaS AI Search Unstructured Data
Sentiment note

Launched innovative AI platform expanding their product portfolio, demonstrating technological leadership and potential market growth

Positive GlobeNewswire Inc. • Progress Software
Progress Software Announces Amended Credit Facility

Progress Software expanded its revolving credit facility from $900 million to $1.5 billion, extending the maturity date to July 31, 2030, to support continued growth and potential acquisitions.

PRGS AMJB JPM JPMPC credit facility financing growth strategy acquisition
Sentiment note

The company secured a larger credit facility, demonstrating financial strength, flexibility, and strategic positioning for future growth and potential acquisitions

Positive GlobeNewswire Inc. • Progress Software
New Progress Semaphore Release Unleashes AI to Drive Smarter Enterprise Knowledge Management

Progress Software announced the latest release of its Semaphore metadata management and semantic AI platform, which includes new features to improve user productivity, foster semantic interoperability, and accelerate data-driven insights.

PRGS Semaphore metadata management semantic AI data management knowledge modeling
Sentiment note

The article highlights the new features and enhancements in the latest Semaphore platform release, which are designed to improve user productivity, foster semantic interoperability, and accelerate data-driven insights. This suggests that Progress Software is continuously innovating and improving its products to better serve its customers.

Positive GlobeNewswire Inc. • N/A
Progress Software Unveils Powerful New ShareFile Features for Accountants to Automate Administrative Tasks and Deliver a Great Client Experience

Progress Software announced significant enhancements to its ShareFile product, including AI-powered document insights, a centralized client hub, and a mobile app for clients. These features aim to help accounting firms streamline workflows, reduce administrative burdens, and improve client experiences.

PRGS Progress Software ShareFile accounting firms AI-powered document insights client hub mobile app
Sentiment note

The article highlights the new features and enhancements Progress Software has made to its ShareFile product, which are aimed at helping accounting firms improve their efficiency and client experiences. This suggests a positive outlook for the company's ability to meet the needs of its target market.

Neutral GlobeNewswire Inc. • Sns Insider
Application Gateway Market Size to Surpass USD 5.62 Billion by 2032, Owing to Rising Demand for AI-Powered Cybersecurity Solutions and Cloud Integration | SNS Insider

The Application Gateway Market is expected to grow significantly, driven by the increasing demand for AI-powered cybersecurity solutions and cloud integration. The market is poised to reach USD 5.62 billion by 2032, with a CAGR of 10.2% from 2024 to 2032.

AKAM FFIV FTNT JNPR Application Gateway Cybersecurity Cloud Integration AI-Powered Solutions
Sentiment note

The article does not provide any specific information about Progress Software Corporation or its performance in the Application Gateway Market.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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