Progress Software (PRGS) closed at $36.58 on Oct 1, 2026, down 8.5% on the day. The stock is down 19.1% over the past month, down 4.8% over three months, down 14.9% year to date and down 16.7% over the past year. It trades 22.6% below its 52-week high of $47.25 and 53.6% above its 52-week low of $23.82. The close sits below its 50-day moving average ($41.95) and below its 200-day moving average ($36.83).
Over its last 8 reports the stock moved an average of 10.4% on the first trading day after earnings, beating the options-implied move in 4 of 8.
Short interest was 16.7% of float (10.0 days to cover) as of Sep 15, 2026.
Over the last 8 reports, PRGS moved an average of 10.4% on the first trading day after earnings. The move beat the options-implied move in 4 of 8 reports.
No — the Oct 1, 2026 close of $36.58 is 0.7% below the 200-day average of $36.83.
PRGS closed 22.6% below its 52-week high of $47.25.
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
