News Sentiment

PRGS sentiment intelligence

Progress Software Corporation news scored across direct company coverage, industry context, sector read-through, source quality, and freshness.

Weighted score 59 Balanced news tone 68 relevant articles
Exchange NASDAQ United States
Sector Technology Market context
Industry Software - Infrastructure Read-through group
Latest close 37.86 Week of 10 Jul 2026
Weighted tone 59/100

Balanced news tone

Market reaction Balanced read

News tone and price action are not far from neutral.

Primary event Market update

82/100 classification confidence.

Company focus 68

directly relevant articles

Source quality 7

high-authority source matches

Trend context Trend inactive

-1.5% over one week, +20.3% over four weeks, trend inactive, and below fair value.

Latest direct headline Neutral

Progress Software Corp (PRGS) Stock Up 4.0% and Still Undervalued -- GF Score: 73/100

Market Reaction

Balanced read

70/100 confidence

News tone and price action are not far from neutral.

Primary event Market update 82/100 classification
One-week reaction -1.5% Price digesting
Trend fit Trend inactive 20.3% over four weeks
Fair value -25.8% Below fair value
Value support

Sentiment Mix

Positive, neutral, negative

Weighted by relevance
Positive 27
Neutral 38
Negative 3

Relevance

Why the article matched

Direct first
Direct company coverage 68
Industry context 0
Sector context 0

Sources

Coverage mix

Publishers
Market source 12
Stock Titan 12
Sahm 3
GlobeNewswire 3
TradingView 3
GuruFocus 2
Seeking Alpha 2
Zacks 2

Event Lens

What the news is about

Classified themes
Market update 42
Earnings 22
Analyst action 3
Deals and strategy 1

Sentiment Trail

Score over time

50 baseline
Above 50 Neutral zone Below 50

News Tape

Relevant headlines

Showing 1-30 of 68
The Register Direct company coverage

Progress orders emergency ShareFile server shutdown over mystery security threat

Progress Software has instructed some ShareFile customers to shut down their on-premises ShareFile Storage Zone Controllers due to a "credible external security threat." Despite the dramatic action, Progress claims there's no evidence of unauthorized access or an active threat. T

Tone
Negative 29/100
Event
Market update
Published
13 Jul 2026 10:10
Source
The Register
Stock Titan Direct company coverage

Progress says 77% of lawyers still work through manual steps

Progress Software's "State of Legal 2026" report reveals that while 85% of U.S. lawyers use AI for tasks like research, a significant 77% still rely on manual processes, leading to inefficiencies. The report highlights gaps in automation, governance, and client intake speed, sugg

Tone
Positive 60/100
Event
Market update
Published
08 Jul 2026 12:40
Source
Stock Titan
Insider Monkey Direct company coverage

Oppenheimer Reiterates Outperform Rating For Progress Software (PRGS)

Oppenheimer has reiterated an Outperform rating for Progress Software (PRGS), despite reducing its target price from $57 to $50. The firm highlighted Progress Software's strong second-quarter performance, with both revenue and profitability exceeding consensus estimates due to mo

Tone
Positive 74/100
Event
Analyst action
Published
08 Jul 2026 10:28
Source
Insider Monkey
Sahm Direct company coverage

Progress Software (PRGS) Could Be 23% Undervalued Following Earnings And Overseas Surprises

Progress Software (PRGS) has shown renewed interest after its latest earnings report, which highlighted increased revenue and net income year-over-year, alongside mixed international performance. Despite a recent share price surge, the stock remains 22.9% undervalued according to

Tone
Positive 73/100
Event
Earnings
Published
07 Jul 2026 08:10
Source
Sahm
Stock Titan Direct company coverage

Progress Software (PRGS) director awarded 5,857 RSUs as 2026 retainer

Angela Tucci, a director at Progress Software (PRGS), was granted 5,857 Restricted Stock Units (RSUs) as her retainer for fiscal year 2026 board service. The RSUs, valued at $38.42 each, will settle in common stock upon vesting, which will occur on the earlier of a change in cont

Tone
Neutral 50/100
Event
Market update
Published
07 Jul 2026 07:40
Source
Stock Titan
Investing.com South Africa Direct company coverage

Form 4 Progress Software Corporation For: 6 July By Investing.com

This article from Investing.com announces the filing of Form 4 for Progress Software Corporation on July 6th. The content is brief and primarily serves as a placeholder or headline for a financial filing, indicating that more detailed information would typically be associated wit

Tone
Neutral 50/100
Event
Market update
Published
06 Jul 2026 21:12
Source
Investing.com South Africa
Stock Titan Direct company coverage

Progress Software (PRGS) EVP sells 10,597 shares under 10b5-1 plan

Progress Software EVP Sundar Subramanian executed an exercise-and-sale transaction, acquiring 10,597 shares through employee stock options at $38.06 and then selling them at a weighted average price of $38.27 per share. This transaction was conducted under a pre-existing Rule 10b

Tone
Neutral 50/100
Event
Market update
Published
06 Jul 2026 20:12
Source
Stock Titan
Stock Titan Direct company coverage

Progress Software (PRGS) director receives 5,857 RSUs as 2026 retainer

Progress Software director Charles Francis Kane was granted 5,857 restricted stock units (RSUs) as his fiscal year 2026 equity retainer for board service. These RSUs, valued at $38.42 per share, will be payable in common stock upon vesting, which occurs on the earlier of a change

Tone
Neutral 50/100
Event
Market update
Published
06 Jul 2026 20:10
Source
Stock Titan
Stock Titan Direct company coverage

Progress Software (PRGS) director receives 5,857 deferred stock units

Progress Software director David Krall was granted 5,857 deferred stock units, valued at $38.42 per unit, as his fiscal 2026 equity retainer for board service. These units, which vest at the company's 2027 Annual Meeting of Stockholders if he continues service, will be paid out i

Tone
Neutral 50/100
Event
Market update
Published
06 Jul 2026 20:10
Source
Stock Titan
Stock Titan Direct company coverage

Director Samskriti King granted 5,857 PRGS deferred stock units for 2026 service

Progress Software director Samskriti King was granted 5,857 deferred stock units (DSUs) for her 2026 board service, valued at $38.42 per unit. These units, which vest at the 2027 Annual Meeting of Stockholders subject to continued service, will be paid out in common stock upon a

Tone
Neutral 50/100
Event
Market update
Published
06 Jul 2026 20:10
Source
Stock Titan
TradingView Direct company coverage

Progress Software Corp /MA 1Q 2026: Revenue $253.47M, EPS $0.5— 10-Q Summary

Progress Software Corp /MA reported its first-quarter 2026 results, showing a revenue increase to $253.47M from $237.36M in the prior year, and diluted earnings per share up to $0.5 from $0.39. Net income grew to $21.07M. The company highlighted revenue growth driven by license s

Tone
Positive 71/100
Event
Earnings
Published
05 Jul 2026 08:40
Source
TradingView
Quartr Direct company coverage

Progress Software (PRGS) M&A Announcement Summary

Progress Software (PRGS) announced the acquisition of ShareFile for $875 million in cash, aiming to expand its digital experience portfolio with a SaaS-native, AI-powered collaboration platform. This acquisition is expected to add over $240 million in annual revenue and ARR, brin

Tone
Positive 76/100
Event
Deals and strategy
Published
03 Jul 2026 19:42
Source
Quartr
Sahm Direct company coverage

Why Progress Software (PRGS) Is Up 30.7% After Strong Q2, NVIDIA DGX Spark Deal, Index Additions

Progress Software (PRGS) saw a 30.7% surge after reporting strong Q2 2026 results with increased revenue and net income. The company also announced expanded support for NVIDIA DGX Spark AI systems with its Progress Chef platform and was added to several Russell indexes. These dev

Tone
Positive 82/100
Event
Earnings
Published
02 Jul 2026 19:10
Source
Sahm
Stock Titan Direct company coverage

[144] PROGRESS SOFTWARE CORP /MA SEC Filing

This SEC filing for Progress Software Corporation (PRGS) details a Form 144 Notice of Proposed Sale of Securities. The filing indicates a proposed sale of 10,597 shares of common stock with an aggregate market value of $355,847.26, acquired through the exercise of stock options o

Tone
Neutral 50/100
Event
Market update
Published
01 Jul 2026 21:09
Source
Stock Titan
Seeking Alpha Direct company coverage

Progress Software Corporation 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:PRGS) 2026-07-01

Progress Software Corporation (PRGS) reported its Q2 2026 earnings, with an EPS of $1.62, beating estimates by $0.13, and revenue of $253.47 million, exceeding expectations by $10.72 million, marking a 6.79% year-over-year increase. The article provides access to the earnings cal

Tone
Positive 77/100
Event
Earnings
Published
01 Jul 2026 20:30
Source
Seeking Alpha
Investing.com Direct company coverage

Earnings call transcript: Progress Software tops Q2 2026 estimates, shares slip

Progress Software exceeded Q2 2026 earnings and revenue estimates, reporting $1.62 EPS and $253 million in revenue. Despite raising its full-year outlook, the stock declined in after-hours trading, as investors focused on near-term revenue trajectory and the impact of timing effe

Tone
Positive 63/100
Event
Earnings
Published
01 Jul 2026 17:40
Source
Investing.com
TradingView Direct company coverage

Progress Software Corporation Stock 12‑Month Price Target Cut to $49.67, Implies 48% Upside

Analysts have cut the average 12-month price target for Progress Software Corporation (PRGS) stock to $49.67 from $50.83, though this still implies a 48% potential upside from its closing price on June 30. Despite the target reduction, the consensus rating from 6 analysts remains

Tone
Positive 70/100
Event
Analyst action
Published
01 Jul 2026 14:41
Source
TradingView
AlphaStreet Direct company coverage

Progress Software Releases Q2 2026 Financial Results

Progress Software Corporation has announced its second-quarter fiscal 2026 financial results, exceeding Wall Street expectations with non-GAAP earnings per share of $1.62 and revenue of $253.5 million. The company showcased strong growth, particularly in software licenses, and pr

Tone
Positive 73/100
Event
Earnings
Published
01 Jul 2026 10:41
Source
AlphaStreet