Progress Software Corporation logo PRGS - Progress Software Corporation

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| PRICE TARGET: $52.50 DETAILS
HIGH: $55.00
LOW: $50.00
MEDIAN: $52.50
CONSENSUS: $52.50
UPSIDE: 17.29%

Stock News

Professional Services Firms Lose $60K a Year to Inefficient Client Coordination, New Progress Software Report Finds

Professional Services Firms Lose $60K a Year to Inefficient Client Coordination, New Progress Software Report Finds

Global survey reveals fragmented coordination workflows have become a measurable business cost, signaling the need for more structured, AI-enabled client collaboration BURLINGTON, Mass., July 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the results of its State of Client Collaboration 2026 survey, revealing that professional services firms lose a median of roughly $60,000 (USD) annually to nonbillable client coordination work.

Jul 30, 2026 05:00 AM globenewswire.com
Progress Software Introduces AI Agents Built into CMS Workflows to Reduce Content Bottlenecks and Scale Digital Delivery

Progress Software Introduces AI Agents Built into CMS Workflows to Reduce Content Bottlenecks and Scale Digital Delivery

Built directly into content workflows, AI agents execute, optimize and continuously improve digital experiences, helping teams publish faster, scale consistently and reduce manual effort BURLINGTON, Mass., July 28, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced powerful agentic AI capabilities in Progress® Sitefinity® Generative CMS, empowering organizations to streamline content operations, accelerate digital experience delivery and unlock greater productivity, consistency and control.

Jul 28, 2026 05:00 AM globenewswire.com
Domo Announces Agreement to Sell Substantially All Assets and Certain Liabilities to Progress Software for $400 Million

Domo Announces Agreement to Sell Substantially All Assets and Certain Liabilities to Progress Software for $400 Million

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO--Domo, Inc. (NASDAQ: DOMO) (“Domo” or the “Company”) today announced that its Board of Directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) (“Progress”) will acquire substantially all of the assets and employees, excluding the Company's net operating loss (“NOL”) carryforwards, and assume certain liabilities of the Company for $400 million in cash, subject to customary purchase price adjustments.

Jul 22, 2026 12:15 PM businesswire.com

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