Progress Software

PRGS

Market cap $1.76B

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's cash flow is growing at a rapid clip. CEO Yogesh Gupta says the software star is well-positioned in an artificial intelligence-driven world.

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 remains a "Buy," leveraging disciplined M&A and strong integration to drive alpha amid market uncertainty. PRGS demonstrates organic ARR growth and robust 39% pro forma operating margins, qualifying as a "Rule of 40" company. The portfolio's diversification across DevOps, databases, and collaboration tools enables cross-selling and business stability.

Progress Software beats quarterly earnings estimates and forecasts stronger-than-expected earnings in 2026.

Progress Software Corporation (PRGS) Q4 2025 Earnings Call Transcript