Core Insights - Progress Software has launched Progress® Automate MFT, a new SaaS solution aimed at redefining secure file transfer automation for modern enterprises [1][3]. Industry Challenges - Businesses are increasingly pressured to manage sensitive data efficiently while dealing with aging infrastructure and strict compliance requirements, leading to inefficiencies and security vulnerabilities [2]. - Legacy file transfer systems are costly to maintain and difficult to scale, posing compliance and security risks [4]. Product Features - Automate MFT offers a scalable, cloud-native platform that reduces reliance on scripting and administrative burdens, potentially lowering total cost of ownership by up to 50% compared to traditional systems [3]. - Key features include a microservices-based architecture, no-code automation builder, shared credential libraries, organizational tools for task management, task versioning, and enterprise-grade security compliance [7]. Market Position - Automate MFT is positioned as a modern solution to meet the automation needs of organizations, allowing them to modernize operations and focus on innovation while ensuring data security [6]. - Progress Software emphasizes its commitment to delivering secure and scalable solutions for data movement, reinforcing its position in the managed file transfer market [6].

Shares of Progress Software (NASDAQ:PRGS) rose 4.5% after Citigroup upgraded the stock to Buy from Neutral, citing resilient fundamentals and consistent financial and operating performance despite a roughly 30% year-to-date decline. The stock was trading at $46.66 in afternoon trading on ...

Have you looked into how Progress Software (PRGS) performed internationally during the quarter ending August 2025? Considering the widespread global presence of this business software maker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors mus ...

Group 1 - Progress Software Corporation (NASDAQ:PRGS) is identified as one of the most undervalued technology stocks according to analysts [1] - On September 29, Progress Software announced the early customer review and testing of the Progress OpenEdge MCP Connector for Advanced Business Language/ABL [1] - The MCP Connector is designed to accelerate development and modernization for users of the Progress OpenEdge platform, providing intelligent automation and domain-specific coding assistance [2][3] Group 2 - The core functionality of the MCP Connector combines GenAI and Retrieval-Augmented Generation/RAG, offering precise coding guidance, refactoring support, and documentation generation aligned with OpenEdge standards [3] - Progress Software develops, deploys, and manages AI-powered applications and digital experiences both in the US and internationally [3]

Progress Software Corporation (NASDAQ:PRGS) is one of the best beaten-down technology stocks to buy, according to analysts. On September 23, the company unveiled Progress Flowmon ADS 12.5, an advanced AI-powered detection system. Progress Software Corporation (PRGS) Unveils Advanced AI-Powered Detection System The new system is designed to accelerate threat detection and streamline incident response while also providing deeper visibility into network activity. Flowmon ADS 12.5 is equipped to address netw ...

BSc (Eng), MBA. Self-taught value investor with 2 decades of investing experience. Blogger at i4value.asia. The blog is on value investing through case studies where I analyze and value listed companies in the ASEAN and US regions. I have an exceptional perspective having served as a Board member of a Malaysia listed company for several decades. I have value investing book "Do you really want to master value investing?" on AmazonAnalyst’s Disclosure:I/we have no stock, option or similar derivative position ...

Investors with an interest in Computer - Software stocks have likely encountered both Progress Software (PRGS) and Intuit (INTU) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revisio ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a v ...

Located in Centro Corporativo El Cafetal, the new 1,562-square-meter Progress Software facility will serve as a strategic hub for technical support, customer success, sales and corporate functions. Company doubles local workforce, enhancing customer success, technical support, sales, human resources and operations across its AI-powered product portfolio SAN JOSÉ, Costa Rica, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and ...

DA Davidson analyst Lucky Schreiner keeps a Buy rating and $75 price target on Progress Software (PRGS) after its Q3 earnings beat. The company continues to execute well reporting another quarter of strength in the business benefiting from tailwinds to demand as customers adopt new AI capabilities and look to reduce IT complexity, and the firm continues to believe Progress can deliver strong inorganic growth while maintaining low organic growth and best-in class margins, the analyst tells investors in a re ...