Progress Software Corporation (NASDAQ: PRGS - Get Free Report)'s stock price hit a new 52-week low on Friday after an insider sold shares in the company. The stock traded as low as $34.36 and last traded at $34.3560, with a volume of 84663 shares traded. The stock had previously closed at $35.69. Specifically, EVP Sundar Subramanian
Progress Software (PRGS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Review Progress Software's (PRGS) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Investors with an interest in Computer - Software stocks have likely encountered both Progress Software (PRGS) and Intuit (INTU). But which of these two companies is the best option for those looking for undervalued stocks?
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 trades at a steep valuation discount but lacks organic growth and positive momentum, warranting a Hold rating. PRGS's FY25 revenue rose 30% year-over-year, entirely due to ShareFile M&A, with AI currently serving as retention rather than a monetization engine. Despite strong free cash flow and plans to deleverage, PRGS's forward EPS growth lags peers, limiting near-term re-rating catalysts.
Progress Software tops Q4 earnings estimates as revenue jumps 18% year over year, ARR grows, and upbeat fiscal 2026 guidance sends shares up nearly 9% in pre-market.
Progress Software Corporation (PRGS) Q4 2025 Earnings Call Transcript
PRGS expects Q4 revenues in the range of $250-$256 million and continued growth from AI tools and ShareFile momentum.
Progress Software offers compelling value after a >30% YTD decline, trading at a low multiple of earnings and free cash flow. PRGS's strategy centers on acquiring SaaS companies, driving recurring revenue, and supporting organic ARR growth. Deleveraging is a key 2026 theme, with net debt at ~$1.33 billion and FY25 FCF guidance raised to $232–242 million.
Explore how Progress Software's (PRGS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
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?