SeekingAlpha · Sep 15, 2026
Progress Software: Domo Is A Shaky Business To Acquire (Rating Downgrade)
Progress Software (PRGS) stock is downgraded to neutral after its rally and $355M Domo acquisition. Read here for a detailed investment analysis.
PR
NASDAQ · PRGS
Progress Software Corporation
Technology · Software - Application
$41.85
Down-$1.71 (-3.93%)
Updated Sep 17, 2026, 3:28 AM
SID Score
5.2/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 1.95B
- P/E ratio
- 39.96
- Dividend yield
- 0.00%
- 52-week range
- $23.82 – $46.36
- Volume
- 549.61K
- Avg. volume
- 786.33K
Price performance
PRGS price history
1M range · 20 trading sessions · Daily adjusted prices
PRGS closed at $41.85 after 20 trading sessions, down 4.52% for the selected period.
- Last close
- $41.85
- Period change
- -4.52%
- Period low
- $39.92
- Period high
- $46.27
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 16, 2026 | $42.68 | $43.20 | $41.64 | $41.85 | 549.61K |
| Sep 15, 2026 | $42.09 | $43.90 | $41.68 | $43.56 | 583.96K |
| Sep 14, 2026 | $41.13 | $43.96 | $40.865 | $43.13 | 631.55K |
| Sep 11, 2026 | $40.63 | $41.21 | $39.815 | $39.92 | 282.42K |
| Sep 10, 2026 | $40.58 | $41.14 | $40.365 | $40.61 | 383.83K |
| Sep 9, 2026 | $42.21 | $42.72 | $40.54 | $40.81 | 498.03K |
| Sep 8, 2026 | $43.29 | $43.29 | $41.345 | $42.175 | 423.09K |
| Sep 4, 2026 | $43.94 | $44.18 | $42.72 | $44.05 | 364.03K |
| Sep 3, 2026 | $44.41 | $45.445 | $43.64 | $44.61 | 389.59K |
| Sep 2, 2026 | $45.22 | $45.80 | $43.23 | $43.33 | 868.13K |
| Sep 1, 2026 | $45.08 | $46.08 | $44.80 | $45.22 | 1.01M |
| Aug 31, 2026 | $44.29 | $46.36 | $44.1501 | $46.27 | 680.19K |
| Aug 28, 2026 | $45.00 | $45.475 | $44.48 | $44.76 | 430.45K |
| Aug 27, 2026 | $44.07 | $45.48 | $43.925 | $45.22 | 356.85K |
| Aug 26, 2026 | $42.59 | $43.88 | $42.21 | $43.53 | 380.21K |
| Aug 25, 2026 | $43.13 | $43.77 | $42.69 | $43.28 | 318.47K |
| Aug 24, 2026 | $44.17 | $44.99 | $43.38 | $43.42 | 331.73K |
| Aug 21, 2026 | $43.45 | $44.68 | $42.60 | $44.36 | 439.97K |
| Aug 20, 2026 | $43.79 | $44.025 | $43.11 | $43.21 | 264.82K |
| Aug 19, 2026 | $42.96 | $44.13 | $42.96 | $43.83 | 534.03K |
Latest PRGS news
The latest Smart Investors Daily articles mentioning PRGS.
Stock researchCompany · Overview
PRGS research
Overview
Company profile and research snapshot.
Company profile
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $70.75
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 12, 2026 | DA Davidson | Buy | — |
| Jul 23, 2026 | DA Davidson | Buy | — |
| Jul 1, 2026 | Guggenheim | Buy | — |
| Jul 1, 2026 | DA Davidson | Buy | — |
| Jul 1, 2026 | Oppenheimer | Outperform | — |
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Yahoo · Sep 10, 2026
Oracle (ORCL) Beats Q1 Earnings and Revenue Estimates
Oracle (ORCL) delivered earnings and revenue surprises of +10.35% and +1.11%, respectively, for the quarter ended August 2026. Do the numbers hold clues to what lies ahead for the stock?
Yahoo · Sep 9, 2026
Progress Data Platform Summit 2026 Brings Together Data and AI Leaders
Progress Data Platform Summit 2026 Experts from Amazon, Microsoft, Moody’s, Boeing, Boston Consulting Group and other organizations will share strategies for turning enterprise information into action. Experts from Amazon, Microsoft, Moody’s, Boeing, Boston Consulting Group and other organizations will share strategies for turning enterprise information into action BURLINGTON, Mass., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today
Yahoo · Sep 2, 2026
Progress Software (PRGS) AI Push Revives The Case For An Undervalued Stock
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...
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