Progress Software’s new tools let AI agents work directly with apps
Progress Software (Nasdaq: PRGS) has released new versions of its Telerik and Kendo UI development tools, designed to accelerate the creation of AI-powered and agent-ready applications. The update integrates AI deeply into UI generation, debugging, and legacy system modernization, allowing AI agents to interact directly with application interfaces and documents. This aims to boost developer productivity and facilitate the transition from AI-assisted coding to agent-driven software that handles both human and AI interactions.
Progress Software Announces New Telerik and Kendo UI
Progress Software has released new versions of Telerik and Kendo UI, designed to accelerate AI-powered development and create agent-ready applications. This update introduces AI-driven capabilities for UI generation, application modernization, and development workflows, enabling teams to build intuitive, AI-ready user experiences faster. Key features include enhanced accessibility, smarter in-IDE debugging, agent interaction with documents, and tools for modernizing legacy applications and integrating RAG capabilities.
Progress Software Launches AI-Driven Telerik and Kendo UI Release for Agent-Ready Application Development
Progress Software has announced a new release for its Telerik and Kendo UI tools, focusing on AI-driven application development. This update aims to help development teams create production-ready software that integrates human and AI agent interaction through features like intelligent UI generation, smarter debugging, and agent-based document processing. The release also emphasizes modernizing legacy applications and enhancing developer productivity by embedding AI into various stages of the UI creation and development workflows.
ETFs Investing in Progress Software Corporation Stocks
This article provides a list of ETFs that hold Progress Software Corporation (PGR) stocks, detailing their market value, weight, issuer, management style, focus, expense ratio, AUM, price change, relative volume, and 3-year NAV total return. The ETFs predominantly focus on small-cap or information technology sectors, making investing in PGR more accessible and diversified. The data highlights various passive and active funds from issuers like BlackRock, Vanguard, and State Street.
Progress Software Appoints Bridget Collins as Chief Information Officer
Progress Software (Nasdaq: PRGS) has announced the appointment of Bridget Collins as Chief Information Officer (CIO). Collins, an accomplished technology executive with over 30 years of experience, will lead the company's global IT and security organization, reporting directly to CEO Yogesh Gupta. Her responsibilities will include advancing AI across internal operations, overseeing cybersecurity, and evaluating emerging technologies to strengthen governance frameworks.
Progress Software Appoints Bridget Collins as Chief Information Officer
Progress Software has appointed Bridget Collins as its new Chief Information Officer. Collins, an experienced technology executive with over 30 years in enterprise IT, will lead the company's global IT and security organization, focusing on AI acceleration, cybersecurity, and M&A integration. She returns to Progress Software, where she began her career as a software engineer, after holding leadership roles at Rapid7, Cerence, and Nuance Communications.
Progress Software (PRGS) CFO sells 2,000 shares under 10b5-1 plan
Progress Software's CFO, Anthony Folger, sold 2,000 shares of common stock at $44.80 per share on August 14, 2026, under a Rule 10b5-1 trading plan. After this transaction, Folger directly holds 47,381 shares, including those acquired through the company's Employee Stock Purchase Plan. The sale was pre-arranged and compliant with regulations.
Progress Software Corp (PRGS) CFO Anthony Folger Sells 2,000 Sha
Anthony Folger, CFO of Progress Software Corp (PRGS), sold 2,000 shares for approximately $89,600, continuing a pattern of insider selling at the company with no insider buys in the past year. The stock's valuation, despite being below its GF Value, is labeled a "Possible Value Trap," aligning with cautious sentiment from both insiders and GuruFocus's guru ownership data. Investors are advised to consider these factors, including the consistent insider selling and the "Possible Value Trap" designation, alongside other metrics before making investment decisions.
Progress Software Names Bridget Collins CIO to Lead AI and IT Strategy
Progress Software has appointed Bridget Collins as Chief Information Officer to lead its global IT and security organization, focusing on AI adoption and integration of acquisitions. Collins, a former Progress software engineer, will report to CEO Yogesh Gupta and manage enterprise IT strategy, cybersecurity, and AI governance. Her extensive experience in technology, business transformation, and cybersecurity positions her to scale operations and enhance AI strategies within the company.
Progress Software Appoints Bridget Collins as Chief Information Officer
Progress Software (Nasdaq: PRGS) has announced the appointment of Bridget Collins as Chief Information Officer (CIO). With over 30 years of experience, Collins will lead the company's global IT and security organization, reporting directly to CEO Yogesh Gupta. Her role will also involve advancing AI across internal operations and overseeing cybersecurity, leveraging her expertise from previous leadership roles at Rapid7, Cerence, and Nuance Communications.
Rice Hall James & Associates LLC Invests $19.15 Million in Progress Software Corporation $PRGS
Rice Hall James & Associates LLC has acquired a new stake of 570,261 shares, valued at approximately $19.15 million, in Progress Software Corporation (NASDAQ:PRGS). This investment gives the firm a 1.39% stake in the software maker. The news comes as Progress Software exceeded quarterly earnings expectations and provided strong fiscal 2026 guidance, maintaining a "Moderate Buy" consensus rating from analysts.
Oaktop Capital Management II L.P. Makes New Investment in Progress Software Corporation $PRGS
Oaktop Capital Management II L.P. has acquired a new stake of 508,608 shares in Progress Software Corporation (NASDAQ:PRGS), valued at approximately $17.1 million, making it their 10th largest holding. Progress Software recently surpassed quarterly earnings and revenue expectations, reporting $1.62 EPS against $1.46 expected and $253.5 million in revenue. Analysts currently maintain a "Moderate Buy" consensus rating for the company with an average price target of $52.17.
Progress Software (NasdaqGS:PRGS) Stock Price
This article provides an overview of Progress Software (PRGS) stock performance, analyst fair value targets, and community narratives regarding its future. It highlights the company's strategy of integrating SaaS acquisitions, addresses risks associated with cloud migration, and discusses the potential for AI integration to drive growth. The piece also includes financial details, recent news, insider transactions, and competitor information for PRGS.
Progress Software Corporation (NASDAQ:PRGS) Receives Average Recommendation of "Moderate Buy" from Brokerages
Progress Software Corporation (NASDAQ:PRGS) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $50.50, exceeding its opening price of $43.29. The company recently surpassed quarterly earnings expectations, reporting EPS of $1.62 against a $1.46 consensus, and revenue of $253.47 million, up 6.8% year-over-year. While an executive sold shares, several institutional investors significantly increased their holdings, indicating continued interest in the software maker.
Progress Software (PRGS) Rolls Out Agentic AI Tools, Is The Stock Still A Bargain?
Progress Software (PRGS) recently introduced agentic AI capabilities for its Sitefinity Generative CMS, leading to a significant rally in its stock price with 1-month and 3-month returns of 13.15% and 51% respectively. Despite this, Simply Wall St's analysis suggests the stock is still undervalued with a fair value of $50.83 against a current price of $42.84, driven by its SaaS acquisition strategy and accelerating AI efforts. Investors are encouraged to review both the potential rewards and warning signs related to the company's reliance on acquisitions and execution risks.
First Trust Advisors LP Grows Position in Progress Software Corporation $PRGS
First Trust Advisors LP significantly increased its stake in Progress Software Corporation by 179.8% during the first quarter, now owning 77,978 shares valued at approximately $2 million. Other institutional investors like Goldman Sachs and Jane Street also expanded their positions. Progress Software reported strong quarterly earnings, beating estimates with EPS of $1.62 and a 6.8% revenue increase, and analysts maintain a "Moderate Buy" consensus with an average price target of $50.50.
Progress Software Stock Price Forecast. Should You Buy PRGS?
StockInvest.us has downgraded Progress Software Corporation (PRGS) from a Strong Buy to a Buy Candidate, with a technical score of 3.98. Despite this, the stock holds several buy signals from moving averages and a positive short-term trend forecast predicting a 49.25% rise in the next three months. However, a recent pivot top sell signal and low liquidity in periods suggest some near-term caution.
Progress Software Corp (PRGS) Stock News Today
This page provides current stock information for Progress Software Corp (PRGS), including its latest stock price, market capitalization, and P/E ratio. It indicates that more news and analysis are forthcoming, serving as a hub for updates on earnings, analyst ratings, and key developments related to the company.
The Bull Case For Progress Software (PRGS) Could Change Following New Agentic AI Tools In Sitefinity
Progress Software (PRGS) has introduced new agentic AI capabilities in its Sitefinity Generative CMS, aiming to optimize content workflows and digital experience delivery. While these enhancements could modernize its platform, the company's investment narrative still grapples with integration risks, cloud transition costs, and a reliance on acquisitions for growth. Investors should weigh the potential benefits of AI against ongoing concerns about M&A dependence and margin pressure.
Pacer Advisors Inc. Boosts Holdings in Progress Software Corporation $PRGS
Pacer Advisors Inc. significantly increased its stake in Progress Software Corporation by 14,333.9% in the first quarter, now owning 259,378 shares valued at $6.65 million. Other institutional investors like Arrowstreet Capital and Goldman Sachs also expanded their positions. Progress Software reported strong Q1 earnings with $1.62 EPS, surpassing estimates, and issued positive FY 2026 EPS guidance, leading analysts to maintain a "Moderate Buy" rating with an average price target of $50.50.
Progress Software Corp. (PRGS) News, Articles, Events & Latest Updates
This article provides recent news and updates concerning Progress Software Corp. (PRGS), including its acquisition of Domo's assets for $400 million, which caused Domo's stock to rally. It also features analyst insights from Zacks on PRGS's valuation compared to Microsoft and highlights other tech companies' earnings reports, often noting strong performance driven by AI and cloud demand. Wall Street analysts project a significant upside for PRGS stock.
Dimensional Fund Advisors LP Buys 121,314 Shares of Progress Software Corporation $PRGS
Dimensional Fund Advisors LP increased its stake in Progress Software Corporation by 10.9% in the first quarter, purchasing 121,314 additional shares and bringing its total holdings to 1.23 million shares valued at $31.7 million. Progress Software recently surpassed quarterly expectations with strong EPS and revenue, and issued positive fiscal 2026 guidance. Analyst sentiment remains largely positive, contributing to a "Moderate Buy" consensus despite an EVP's recent share sale.
Glenmede Trust Co. NA Purchases 41,600 Shares of Progress Software Corporation $PRGS
Glenmede Trust Co. NA increased its stake in Progress Software Corporation by 15.4% in the first quarter, acquiring 41,600 additional shares to reach a total of 312,282 shares valued at approximately $8.01 million. Progress Software reported strong quarterly earnings, beating EPS estimates by $0.16 with revenue up 6.8% year-over-year, and provided optimistic FY 2026 EPS guidance. Analysts generally maintain a "Moderate Buy" rating for PRGS with an average price target of $50.50.
Edgestream Partners L.P. Has $2.03 Million Stock Holdings in Progress Software Corporation $PRGS
Edgestream Partners L.P. significantly reduced its stake in Progress Software Corporation by 61.8% in Q1, holding 79,215 shares valued at $2.03 million. Despite this, other institutional investors like Arrowstreet Capital and Goldman Sachs increased their holdings. Progress Software exceeded Q2 earnings expectations, reporting $1.62 EPS and $253.47 million in revenue, leading analysts to maintain a "Moderate Buy" rating with an average price target of $50.50.
Segall Bryant & Hamill LLC Sells 28,978 Shares of Progress Software Corporation $PRGS
Segall Bryant & Hamill LLC has reduced its stake in Progress Software Corporation (NASDAQ:PRGS) by 4.8%, selling 28,978 shares but still holding 570,077 shares valued at $14.6 million. This move comes as Progress Software reported strong quarterly earnings, beating analyst expectations with adjusted EPS of $1.62 and revenue of $253.47 million, an increase of 6.8% year-over-year. The company has also issued optimistic FY 2026 EPS guidance, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $50.50, significantly higher than its current share price of $40.59.
Progress Software (PRGS) Launches Agentic AI As Fair Value Narrative Stays Higher
Progress Software (PRGS) has launched agentic AI features in its Sitefinity Generative CMS, prompting renewed focus on its stock performance. Despite a 40.21% share price return in the last 90 days, its one-year total shareholder return is down 11.84%. Analysts and intrinsic estimates suggest a fair value of $50.83, indicating the stock is currently undervalued at $40.59, with potential for growth driven by M&A and SaaS acquisitions.
The Manufacturers Life Insurance Company Raises Holdings in Progress Software Corporation $PRGS
The Manufacturers Life Insurance Company has increased its stake in Progress Software Corporation by 15% in Q1 2026, now holding over 1 million shares valued at $27.5 million. This comes as Progress Software reported strong quarterly results, beating EPS and revenue estimates, and issued positive fiscal 2026 guidance. Analyst sentiment remains largely positive, with a "Moderate Buy" consensus and a price target of $50.50.
Vanguard Portfolio Management (PRGS) discloses 3.93M-share stake in Progress Software
Vanguard Portfolio Management LLC has filed an amended beneficial ownership report for Progress Software Corp (PRGS), disclosing a stake of 3,926,288 shares, which represents 9.57% of the common stock as of June 30, 2026. Vanguard holds sole voting power over 79,594 shares and sole dispositive power over all 3,926,288 shares. This filing indicates that no other individual's interest in these securities exceeds 5%.
Gabelli Funds LLC Sells 5,669,400 Shares of Progress Software Corporation $PRGS
Gabelli Funds LLC significantly reduced its stake in Progress Software Corporation (NASDAQ:PRGS) by selling 5,669,400 shares, bringing its total holdings to 22,000 shares. This move occurred during a period where other institutional investors either increased or initiated positions in the software maker. Progress Software recently reported stronger-than-expected quarterly earnings and revenue, with analysts maintaining a "Moderate Buy" consensus rating for the stock.
Progress Software (PRGS) executive sells 11,747 shares under 10b5-1 plan
Jarrett Loren, EVP/GM Digital Experience at Progress Software, sold a total of 11,747 shares of common stock on July 29, 2026. The sales were executed in two tranches at weighted average prices of $41.63 and $41.49 per share, respectively. These transactions were performed under a pre-existing Rule 10b5-1 trading plan established on January 24, 2026.
Progress Software Corporation Revenue Breakdown – NASDAQ:PRGS
Progress Software Corporation (NASDAQ: PRGS) generated $977.83 million USD in revenue last year. The "Maintenance" segment was the top performer, contributing $410.17 million USD, while the United States was the largest regional contributor with $595.34 million USD in revenue.
PRGS|Progress Software Corp|Price:40.340|
Progress Software Corp (PRGS) has healthy fundamentals and significant growth potential, with its valuation considered fairly valued within the Software & IT Services industry. Analysts rate the stock as a Strong Buy, with a highest price target of $52.32, suggesting an upward trend in the medium term. Despite good market performance and strong fundamentals, technical indicators suggest the stock is currently trading sideways between support and resistance levels, making it suitable for range-bound swing trading.
Nearly 70% of Firms Report Delays From Missing Information
A new survey by Progress Software reveals that professional services firms lose an average of $60,000 annually due to inefficient client coordination and nonbillable tasks. The study found that nearly 70% of firms experience project delays because of missing information or workflow issues, despite client experience being a top priority for 60% of respondents. Progress Software positions its ShareFile platform as a solution to streamline these client information workflows and reduce costs.
Progress Software Corp (PRGS) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Progress Software Corp (PRGS), detailing its current price momentum score, support and resistance levels, and indicator and moving average signals. It highlights that PRGS is currently trading between resistance at $46.28 and support at $36.11, suggesting suitability for range-bound swing trading. While individual indicators show a mix of buy, sell, and neutral signals, all moving averages (MA5 to MA200) indicate a buy signal.
Professional Services Firms Lose $60K a Year to Inefficient Client Coordination, New Progress Software Report Finds
A new report by Progress Software reveals that professional services firms lose a median of $60,000 annually due to inefficient, nonbillable client coordination work. The "State of Client Collaboration 2026" survey found that firms spend nearly 20 hours weekly on manual tasks like document collection and follow-ups, leading to delayed engagements and highlighting a need for more structured, AI-enabled client collaboration platforms like Progress ShareFile.
Progress Software (PRGS) plans Rule 144 sale of 13,833 common shares
Progress Software Corporation has filed a Rule 144 notice for the planned sale of 13,833 common shares, totaling $558,438.21, through Morgan Stanley Smith Barney LLC on NASDAQ. These shares originate from Performance Stock Units and Restricted Stock Units issued by the company. The proposed sale date is July 29, 2026, with 41,012,942 shares currently outstanding.
BlackRock (PRGS) discloses 6.76M-share, 16.5% ownership in Progress Software
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 16.5% ownership stake in Progress Software Corp., totaling 6,763,272 shares. The filing indicates BlackRock holds sole voting power over 6,689,301 shares and sole dispositive power over all 6,763,272 shares. iShares Core S&P Small-Cap ETF, an underlying holder, has an interest exceeding five percent of Progress Software’s common stock.
Progress Software Corporation $PRGS Shares Purchased by Arrowstreet Capital Limited Partnership
Arrowstreet Capital Limited Partnership significantly increased its holdings in Progress Software (NASDAQ:PRGS) by 133.6% in the first quarter, now owning 2.90% of the company's stock. Other institutional investors also adjusted their positions in PRGS. Analysts have issued varied ratings and price targets, leading to a "Moderate Buy" consensus for the stock, which recently traded up after beating forecasts.
Progress Software Introduces AI Agents Built into CMS Workflows to Reduce Content Bottlenecks and Scale Digital Delivery
Progress Software has introduced new agentic AI capabilities in its Sitefinity Generative CMS to help organizations streamline content operations and accelerate digital experience delivery. These AI agents are built directly into content workflows, allowing marketing teams to execute, optimize, and continuously improve digital experiences more efficiently. The new features include custom AI agents for specific tasks, page-level intelligence, adaptive learning, and a DX Assistant for actionable insights.
Progress Software stock gains on AI agent integration news By Investing.com
Progress Software Corporation (NASDAQ:PRGS) shares rose 4.8% after the company announced new agentic AI capabilities in its Sitefinity Generative CMS platform. These AI agents are designed to streamline content operations, optimize workflows, and reduce manual effort for marketing teams. The update aims to integrate AI directly into the publishing process, moving beyond simple AI-assisted tools.
Progress Software Corporation Revenue Breakdown – DUS:PGR
Progress Software Corporation (DUS:PGR) generated 843.15 million EUR last year. Its top-performing segment was Maintenance, contributing 353.68 million EUR, and the United States was the largest regional contributor with 513.34 million EUR. This data provides a breakdown of the company's revenue streams by segment and geography.
Progress Software Introduces AI Agents Built into CMS
Progress Software has announced new agentic AI capabilities in its Sitefinity Generative CMS, designed to integrate AI agents directly into content workflows. These agents aim to reduce content bottlenecks, streamline digital experience delivery, and improve productivity by automating tasks like optimization, review, and analysis within the content lifecycle. This development moves beyond AI-assisted engagement to AI-powered digital operations, offering enhanced control and consistency for content publishing.
AI agents review pages and flag SEO gaps inside Sitefinity CMS
Progress Software has integrated new agentic AI agents directly into its Sitefinity Generative CMS workflows to automate content operations and deliver high-quality, search- and AI-ready digital experiences. These AI agents perform tasks such as content analysis, optimization, and editorial review, along with page-level evaluation of content, metadata, and SEO properties. Key features include custom AI agents, adaptive learning, conflict handling, and a DX Assistant, designed to help organizations streamline content delivery and improve productivity.
Progress Software Corp (PRGS) Income Statement
This article provides an in-depth income statement for Progress Software Corp (PRGS), detailing quarterly and annual financial performance metrics. It covers revenue, cost of revenue, operating expenses, special income/expenses, net income, and earnings per share over several fiscal years and quarters. Additionally, it offers an FAQ section to help users understand how to interpret the financial data presented.
PRGS|Progress Software Corp|Price:39.705|Chg%:+1.855
This article provides a detailed company profile of Progress Software Corp (PRGS), a provider of AI-powered digital experience and infrastructure software. It outlines the company's business scope, key products like Sitefinity and Corticon, financial data including market cap and P/E ratio, and lists important company executives and their shareholdings. The article also includes FAQs regarding top shareholders, institutional holdings, and the company's main revenue source.
Progress Software Corp (PRGS) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Progress Software Corp (PRGS), detailing its current earnings forecast score, average price target, and analyst ratings. Based on 5 analysts, PRGS has a "Strong Buy" rating with an average target price of $72.50. The article also provides expected revenue and EPS for upcoming quarters.
Rice Hall James & Associates LLC Purchases 96,793 Shares of Progress Software Corporation $PRGS
Rice Hall James & Associates LLC increased its stake in Progress Software Corporation (NASDAQ:PRGS) by 27.2% in the first quarter, adding 96,793 shares to own a total of 452,702 shares valued at $11.6 million. Progress Software recently exceeded earnings expectations, reporting an EPS of $1.62 against an estimated $1.46, and revenue of $253.47 million, a 6.8% year-over-year increase. Analysts generally hold a "Moderate Buy" rating for PRGS with an average price target of $50.50.
Progress Software (PRGS) Stock Looks Fairly Priced With Earnings At A Discount
Progress Software (PRGS) stock appears fairly priced, with its current P/E ratio of 17.4x being below the industry average but closely aligned with Simply Wall St's model of fair value (19.0x). The company's recent acquisition of Domo for $400 million adds a new dimension, introducing both long-term potential if integrated well and execution risks, as investors weigh these factors against the stock's 34.2% retreat over the past three years. The overall assessment suggests the stock is neither significantly undervalued nor overvalued, with its future performance hinging on successful integration and capital allocation.
Allspring Global Investments Holdings LLC Sells 700,671 Shares of Progress Software Corporation $PRGS
Allspring Global Investments Holdings LLC significantly reduced its stake in Progress Software Corporation by selling 700,671 shares, bringing its total holdings to 287,901 shares. Despite this, other institutional investors increased
Utah business analytics firm Domo to be acquired in $400M deal
Utah-based business analytics firm Domo is set to be acquired by Progress Software Corporation for $400 million, a significant reduction from its $2 billion valuation in 2017. Domo's founder, Josh James, also founded Omniture, which was acquired by Adobe for $1.8 billion in a deal considered a pivotal moment for Utah's tech industry. Despite Domo's turbulent financial history, the acquisition will see it remain a separate, publicly-traded company with limited operating expenses.
