​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 ...

Company Overview - Progress Software Corporation specializes in software products for the development, deployment, and management of AI-powered applications and digital experiences, with a diverse product portfolio including Chef, Corticon, Data Direct, and more [7] Options Trading Activity - Recent options trading activity has identified over 9 transactions on Progress Software, with a cumulative value of $766,228, including 2 puts valued at $203,320 [1] - Significant investors are targeting a price range of $42.5 to $50.0 for Progress Software over the past three months [2] - The mean open interest for options trades today is 572, with a total volume of 5,484 [3] Options Trade Details - Notable options trades include bullish sweeps for calls and puts, with the largest call trade at a strike price of $47.50 totaling $165,000 and a put trade at $50.00 totaling $151,700 [6] Market Position and Analyst Insights - Progress Software's stock price is currently at $45.15, reflecting a 16.96% increase, with upcoming earnings expected in 68 days [9] - Analysts have provided an average target price of $56.33, with individual targets ranging from $45 to $70 [8][9]