Progress Software price target lowered to $45 from $50 at Jefferies [Yahoo! Finance]
Progress Software Corporation (PRGS)
Last progress software corporation earnings: 3/26 04:15 pm
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Source: Yahoo! Finance
The firm believes 2026 will be “another year of gradual AI monetization,” but thinks more meaningful growth contribution and acceleration are needed to ease AI disintermediation fears, requiring more selectivity, the analyst tells investors in an outlook note on the software group. “While we remain confident that value will ultimately accrue to the software layer, investors may need to stay patient” with sector valuation back at historical average, the analyst added. Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See the top stocks recommended by analysts Read More on PRGS: Disclaimer & Disclosure Report an Issue Progress Software brings Agentic AI to Telerik, Kendo UI release Progress Software brings its RAG-as-a-Service
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News
- Progress Software (NASDAQ:PRGS) had its price target lowered by analysts at Citigroup Inc. from $57.00 to $54.00. They now have a "buy" rating on the stock.MarketBeat
- Progress Software (NASDAQ:PRGS) had its price target lowered by analysts at DA Davidson from $75.00 to $70.00. They now have a "buy" rating on the stock.MarketBeat
- Curious about Progress Software (PRGS) Q4 Performance? Explore Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Progress Software to Report Fourth Quarter 2025 and Full Year Financial Results on January 20, 2026GlobeNewswire
- Progress Software (NASDAQ:PRGS) was given a new $45.00 price target on by analysts at Jefferies Financial Group Inc..MarketBeat