85% of Lawyers Use AI, Yet Manual Work Still Dominates Legal Workflows, New Progress Software Report Reveals
State of Legal 2026 report shows how AI, automation and streamlined processes can reduce delays and strengthen client confidence
State of Legal 2026 report shows how AI, automation and streamlined processes can reduce delays and strengthen client confidence
Explore Progress Software's (PRGS) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Investors interested in stocks from the Computer - Software sector have probably already heard of Progress Software (PRGS) and Cadence Design Systems (CDNS). But which of these two stocks offers value investors a better bang for their buck right now?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.8% in Progress Software (PRGS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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's fiscal Q2 sales and earnings beat Wall Street's targets. The company also raised its guidance for the full fiscal year.
U.S. stocks were lower, with the Nasdaq Composite falling around 200 points on Wednesday.
Progress Software raises its full-year outlook after a broad Q2 beat, framing AI demand as support for its data, workflow and infrastructure platforms.
Progress Software trades at single-digit P/E multiples after a ~20% YTD share price decline. PRGS operates more like a private equity collection than a traditional R&D-driven SaaS business. Despite sector weakness, PRGS improved net retention rates, reducing near-term AI disruption risk.
Progress Software Corporation (PRGS) Q2 2026 Earnings Call Transcript
Progress Software (PRGS) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.4 per share a year ago.
BURLINGTON, Mass., June 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and a trusted provider of AI-powered digital experience and infrastructure software, today announced its financial results for the fiscal second quarter ended May 31, 2026.
Progress Chef brings enterprise-grade secure configuration management and governance to fleets of desktop AI supercomputers at scale
Progress Software (PRGS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
BOSTON--(BUSINESS WIRE)-- #AI--Applause, the global leader in managed software testing services and digital quality, today announced it has helped Progress Software reduce accessibility issues in its Progress® ShareFile® client collaboration platform by more than 60% year over year. Since 2023, Applause has supported the ShareFile team with expert-led design reviews, testing with assistive technology users, empathy sessions, AI-powered code evaluations, detailed reports, an internal accessibility sup.
Progress Software Corporation (NASDAQ:PRGS) will release earnings for its second quarter after the closing bell on Tuesday, June 30.
BURLINGTON, Mass., June 16, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a small-cap growth and value Russell 2000 stock, today announced that it will release financial results for its fiscal second quarter of 2026 after the market close on Tuesday, June 30, 2026.
Industry Description
Investors looking for stocks in the Computer - Software sector might want to consider either Progress Software (PRGS) or Synopsys (SNPS). But which of these two stocks offers value investors a better bang for their buck right now?
Recognition underscores Progress Software's innovation in removing barriers to GenAI research and making trustworthy RAG accessible to organizations of any size