JP Morgan initiated coverage on Progress Software with a new price target
$PRGS
Computer Software: Prepackaged Software
Technology
JP Morgan initiated coverage of Progress Software with a rating of Overweight and set a new price target of $60.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/13/2025 | $57.00 | Neutral → Buy | Citigroup |
| 3/28/2024 | $65.00 | Buy | DA Davidson |
| 1/24/2023 | $60.00 | Buy | Guggenheim |
| 9/9/2022 | $52.00 | Hold | Jefferies |
| 8/12/2022 | $60.00 | Buy | Guggenheim |
| 10/22/2021 | $60.00 | Overweight | JP Morgan |
| 8/6/2021 | $48.00 | Neutral | Citigroup |
| 7/15/2021 | $54.00 | Outperform | Oppenheimer |
BURLINGTON, Mass., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), a member of the Russell 2000 Index, today announced its financial results for the fiscal fourth quarter and full year 2025, which ended on November 30, 2025. Progress is the trusted provider of AI-powered digital experience and infrastructure software. The company's earnings release and a supplemental slide presentation can be accessed via the Investor Events & Presentations link on the Progress Investor Relations webpage. Progress will host a conference call today at 5:00 p.m. Eastern Time to discuss its results and outlook. Conference Call Details A live webcast of the call will be available using th
BURLINGTON, Mass., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and full year 2025 after the market close on Tuesday, January 20, 2026. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company's fourth quarter of fiscal year 2025 ended on November 30, 2025. Conference Call DetailsA live webcast of the call will be available using this link. To access the conference call by phone, please use this link to retrieve dial-in details. To avoid delays,
New award category spotlights advances in AI-powered digital experiences; Industry leaders recognized for excellence and collaboration BURLINGTON, Mass., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Progress Software, the trusted provider of AI-powered digital experience and infrastructure software, today announced the winners of its 2025 Sitefinity Partner of the Year Awards. This annual program celebrates partners worldwide who demonstrate exceptional innovation, collaboration and commitment to delivering outstanding digital experiences with Progress® Sitefinity® DXP. Sitefinity is a modern, cloud-based, AI-powered enterprise CMS that unifies siloed content and dynamically assembles brand-governe
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
Citigroup upgraded Progress Software from Neutral to Buy and set a new price target of $57.00
DA Davidson initiated coverage of Progress Software with a rating of Buy and set a new price target of $65.00
Guggenheim resumed coverage of Progress Software with a rating of Buy and set a new price target of $60.00
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
10-K - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)
8-K - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)
144 - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)
New Agentic RAG capabilities transform enterprise knowledge into verified, dynamically generated digital experiences—delivering instant, hyper-personalized journeys no other CMS can match BURLINGTON, Mass., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Progress Software, the trusted provider of AI-powered digital experience and infrastructure software, today announced early access for Progress® Agentic RAG for Sitefinity®—a breakthrough enterprise-grade capability that combines retrieval-augmented generation (RAG) with real-time content assembly inside the Sitefinity platform. This innovation introduces native, multilingual, agentic RAG-based AI technology to deliver dynamically generated user experi
Company adds easy-to-use agentic RAG-as-a-service product for organizations to automate and retrieve verifiable, high-quality AI search and generative answers BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation (RAG) AI solutions. Nuclia provides a unique agentic RAG-as-a-service product enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. "Nuclia's easy-to-use, self-service SaaS produ
Senior engineering leader to oversee Company's AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company's Chief AI Officer (CAIO). In this newly created role, Keisling will be responsible for leading the AI strategy for Progress and for further transforming the Company's product portfolio to support customers with their AI journeys. He will report directly to Progress CEO Yogesh Gupta. "Ed is a transformational tec
BURLINGTON, Mass., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), a member of the Russell 2000 Index, today announced its financial results for the fiscal fourth quarter and full year 2025, which ended on November 30, 2025. Progress is the trusted provider of AI-powered digital experience and infrastructure software. The company's earnings release and a supplemental slide presentation can be accessed via the Investor Events & Presentations link on the Progress Investor Relations webpage. Progress will host a conference call today at 5:00 p.m. Eastern Time to discuss its results and outlook. Conference Call Details A live webcast of the call will be available using th
BURLINGTON, Mass., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and full year 2025 after the market close on Tuesday, January 20, 2026. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company's fourth quarter of fiscal year 2025 ended on November 30, 2025. Conference Call DetailsA live webcast of the call will be available using this link. To access the conference call by phone, please use this link to retrieve dial-in details. To avoid delays,
Annualized Recurring Revenue ("ARR") of $849 million Grew 47% year-over-yearRevenue of $250 million Grew 40% year-over-yearRaises Full Year Guidance for Revenue, Earnings Per Share, and Cash Flow BURLINGTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2025. Third Quarter 2025 Highlights: Revenue of $250 million increased 40% year-over-year on an actual currency basis and 38% on a constant currency basis.Annualized Recurring Revenue ("ARR") of $849 million increased 47% year-over-year on a consta
SC 13G/A - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)
SC 13G/A - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)
SC 13G - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)