Progress(PRGS)
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Citi Trims Progress Software (PRGS) PT to $54, Maintains Buy Rating
Yahoo Finance· 2026-01-31 14:45
Group 1 - Progress Software Corporation (NASDAQ:PRGS) is highlighted as a promising small-cap tech stock for investment, with a focus on its infrastructure software outlook for 2026 [1][4] - Citi has reduced its price target for Progress Software from $57 to $54 while maintaining a Buy rating, anticipating that the sector's strong momentum will continue into 2026 [1][4] - Jefferies has lowered its price target for Progress Software from $50 to $45, maintaining a Hold rating due to a cautious outlook for 2026, emphasizing the need for significant growth acceleration in AI monetization [2][3] Group 2 - Jefferies advises investors to be patient and selective as sector valuations align with historical averages, while remaining confident in the long-term value within the software layer [3] - Progress Software provides software products that develop, deploy, and manage AI-powered applications and digital experiences both in the US and internationally [4]
Wall Street Bullish on Progress Software Corporation (PRGS), Here’s Why
Yahoo Finance· 2026-01-30 14:47
Progress Software Corporation (NASDAQ:PRGS) is one of the Best Small Cap Stocks Ready to Explode in 2026. Wall Street is bullish on the stock since the company released its fiscal Q4 2025 earnings on January 20. Recently, on January 22, Fatima Boolani from Citi raised the firm’s price target on the stock from $54 to $60, with a Buy rating. Earlier, on January 21, Lucky Schreiner from D.A. Davidson also reiterated a Buy rating on Progress Software Corporation (NASDAQ:PRGS) with a $70 price target. Durin ...
Progress Software (PRGS) Reliance on International Sales: What Investors Need to Know
ZACKS· 2026-01-26 15:16
Did you analyze how Progress Software (PRGS) fared in its international operations for the quarter ending November 2025? Given the widespread global presence of this business software maker, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investo ...
PRGS vs. INTU: Which Stock Is the Better Value Option?
ZACKS· 2026-01-22 17:40
Core Viewpoint - The article compares Progress Software (PRGS) and Intuit (INTU) to determine which stock is a better undervalued investment opportunity for investors interested in Computer - Software stocks [1]. Group 1: Zacks Rank and Earnings Estimates - Progress Software has a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision activity, while Intuit has a Zacks Rank of 4 (Sell), suggesting a less favorable analyst outlook [3]. - The Zacks Rank emphasizes earnings estimates and revisions, which are critical for investors assessing stock potential [2]. Group 2: Valuation Metrics - PRGS has a forward P/E ratio of 7.35, significantly lower than INTU's forward P/E of 22.69, indicating that PRGS may be undervalued relative to INTU [5]. - The PEG ratio for PRGS is 1.47, while INTU's PEG ratio is 1.60, suggesting that PRGS offers better value when considering expected earnings growth [5]. - PRGS has a P/B ratio of 3.83 compared to INTU's P/B of 7.56, further indicating that PRGS is more attractively valued based on market value versus book value [6]. Group 3: Value Grades - Based on various valuation metrics, PRGS holds a Value grade of A, while INTU has a Value grade of D, reinforcing the notion that PRGS is the superior choice for value investors at this time [6].
Progress Software: Discipline Over Temptation (NASDAQ:PRGS)
Seeking Alpha· 2026-01-22 13:00
Progress Software ( PRGS ) has emerged from its quarterly results with a modicum of strength, and the value of this under-the-radar AI software company is indeed tempting. Though with a 25% decline since my lastAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fr ...
Progress Software: Discipline Over Temptation
Seeking Alpha· 2026-01-22 13:00
Core Insights - Progress Software (PRGS) has shown a degree of strength in its quarterly results, indicating potential for growth in the AI software sector [1] - The company's stock has experienced a 25% decline since the last analysis, suggesting a possible undervaluation [1] Company Performance - The quarterly results reflect a modest strength, which may attract investor interest in the AI software market [1] - The decline in stock value could present a buying opportunity for investors looking for undervalued assets in the technology sector [1]
Why Progress Software Popped Today
Yahoo Finance· 2026-01-21 22:27
Key Points Progress Software's cash flow is growing at a rapid clip. CEO Yogesh Gupta says the software star is well-positioned in an artificial intelligence-driven world. 10 stocks we like better than Progress Software › Shares of Progress Software (NASDAQ: PRGS) jumped on Wednesday after the tech developer announced solid fourth-quarter financial results and issued an upbeat forecast for the year ahead. By the close of trading, Progress' stock price was up more than 10%. Image source: Getty Ima ...
PRGS Q4 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Up
ZACKS· 2026-01-21 17:01
Key Takeaways PRGS posted Q4 EPS of $1.23, beating estimates by over 20%, while revenue rose 18% y/y.PRGS saw ARR climb to $852M on strong ShareFile demand and other products, with net retention above 100%.PRGS issued higher fiscal 2026 revenue and EPS guidance and reported an expanded 38.1% operating margin.Progress Software (PRGS) reported fourth-quarter fiscal 2025 non-GAAP earnings of $1.23 per share, which beat the Zacks Consensus Estimate by 20.59% and increased 14.9% year over year. Non-GAAP revenue ...
Progress Software: ARR Buildup As Company Reloads For Its Next Deal (NASDAQ:PRGS)
Seeking Alpha· 2026-01-21 15:51
So far, stock markets are off to a rocky start in 2026. Investors are questioning high multiples in the S&P 500, set against a tough backdrop of rising macroeconomic uncertainty, especially with the potential for new European tariffs on the horizon.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a r ...
Progress Software: ARR Buildup As Company Reloads For Its Next Deal
Seeking Alpha· 2026-01-21 15:51
So far, stock markets are off to a rocky start in 2026. Investors are questioning high multiples in the S&P 500, set against a tough backdrop of rising macroeconomic uncertainty, especially with the potential for new European tariffs on the horizon.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a r ...