PRGS Progress Software Corporation

Progress Software Corp (PRGS) posted 43% operating margin and $1.69 EPS in Q3 2026 while outlining its $400 million Domo acquisition and FY27 margin compression.

Progress Software (NASDAQ:PRGS) reported third-quarter fiscal 2026 results marked by low-single-digit annual recurring revenue growth, expanded operating margins and higher free cash flow, while outlining integration plans for its recently completed acquisition of Domo’s AI and data platform busines

Shares of Progress Software tumbled after the artificial-intelligence software company reported fiscal third-quarter revenue that fell short of Wall Street’s estimates. Shares have dropped 5.7% this year and are down 14% from their 52-week closing high of $46.87 on Oct. 13, 2025, according to Dow Jones Market Data. Progress Software posted adjusted earnings of $1.69 a share for the quarter ended Aug. 31.

Progress Software (PRGS) has drawn fresh attention after launching new Progress Telerik and Kendo UI releases that embed context-aware AI into UI creation, debugging, document processing and legacy modernization for developer teams. Against that backdrop, Progress Software’s 30 day share price return of 11.41% and 90 day share price return of 41.49% suggest firm positive momentum. However, the 3 year total shareholder return of a 22.67% decline highlights how recent optimism follows a much...

Progress Software (NasdaqGS: PRGS) announced a major AI powered release for its Telerik and Kendo UI product lines, focused on agent driven development for user interfaces. The update adds AI agents that can generate UI components, support smarter debugging, and interact directly with application documents to assist developers. New capabilities target automated accessibility compliance and more efficient modernization of legacy front ends for enterprise applications. This kind of AI powered...

have been highlighted in this Industry Outlook article.

PRGS vs. MSFT: Which Stock Is the Better Value Option?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Progress Software (PRGS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

PRGS vs. MSFT: Which Stock Is the Better Value Option?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Progress Software stock sits in an uncomfortable middle ground for valuation right now, with shares down sharply over the past three years while the broader checks still lean cheap rather than clearly broken. Over the past 3 years, Progress Software has declined 34.2%, which puts the current share price under pressure to justify even a neutral verdict on valuation. The agreed US$400 million cash acquisition of Domo can support the long term equity story if integration and capital allocation...

Domo's (DOMO) shares soared 21% in pre-market activity after the company said overnight its board un

Progress Software (NASDAQ:PRGS) said it has entered into an agreement to acquire Domo’s AI and data platform business in a transaction valued at a headline purchase price of $400 million, executives said on a conference call discussing the deal. Anthony Folger, chief financial officer of Progress S

The average of price targets set by Wall Street analysts indicates a potential upside of 28.3% in Progress Software (PRGS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

PRGS vs. CDNS: Which Stock Is the Better Value Option?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.