PRGS Stock Recent News

Progress Software announced significant new enhancements to ShareFile for accountants to automate administrative tasks and enhance client interaction.

BURLINGTON, Mass., June 04, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the Q2 2025 release of Progress® Telerik® and Progress® Kendo UI®, the most powerful .NET and JavaScript UI libraries for modern application development.

Progress Software (PRGS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

ShareFile AI-powered, document workflow and file sharing platform with enhanced security offers industry-leading deep Microsoft 365 integration and features for enterprise teams  BURLINGTON, Mass., May 20, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that Progress® ShareFile® is now deeply integrated with Microsoft 365.

Evaluate Progress Software's (PRGS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Prestigious honor recognizes Egan's outstanding contributions to corporate governance and board leadership BURLINGTON, Mass., April 24, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Board Chair, John R.

Progress Software strengthens Sitefinity content management platform with new AI capabilities to power digital experiences.

BURLINGTON, Mass., April 10, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the latest AI innovations in Progress® Sitefinity® content management platform.

Progress Software Co. NASDAQ: PRGS offers artificial intelligence (AI)-powered infrastructure and business application development platforms. Its services enable businesses to better manage and leverage their data with AI-powered tools.

I'm downgrading Progress Software to a neutral rating, as its relative valuation against the broader market is no longer as compelling. After the company's integration of its major ShareFile acquisition, its ARR has declined sequentially, while net revenue retention rates remain low. Despite Progress' low P/E ratio and recent guidance boost, its slow organic growth and elevated debt make other software stocks more attractive buys.