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PROGRESS SOFTWARE CORP

Progress Software

Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.

Constellation Brands

Pre-Market Outlook

NKTR

PRGS

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este martes: MSM, NKTR, STZ, PRGS y GBX.

5 acciones en el foco este martes: MSM, NKTR, STZ, PRGS y GBX

IGC Pharma

QMCO

VERO

XCUR

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este lunes: PRGS, XCUR, QMCO, VERO e IGC.

5 acciones en el foco en este premercado USA: PRGS, XCUR, QMCO, VERO e IGC

5 acciones en el foco este lunes: PRGS, XCUR, QMCO, VERO e IGC

Progress Software Corporation - Common Stock

Progress Software Corp

With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) to report quarterly earnings at $1.03 per share on revenue of $970.23 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. MSC Industrial Direct shares slipped 0.1% to $84.96 in after-hours trading.</li>
<li>Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) disclosed a proposed public offering of common stock. Nektar Therapeutics fell 2.4% to $25.22 in the after-hours trading session.</li>
<li>Analysts are expecting Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) to post earnings at $3.31 per share on revenue of $2.55 billion for the latest quarter. The company will release earnings after the markets close. Constellation shares rose 0.5% to $163.49 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Progress Software Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) posted better-than-expected earnings for the second quarter, while sales missed estimates. The company also raised its guidance for FY2025. Progress Software shares fell 7.2% to $59.27 in the after-hours trading session.</li>
<li>Analysts expect The Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) to post quarterly earnings at 98 cents per share on revenue of $785.72 million after the closing bell. Greenbrier shares gained 1% to $46.50 in after-hours trading.</li>
</ul>
Check This Out: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46169288/5-stocks-in-the-spotlight-wall-streets-most-accurate-analysts-weigh-in">5 Stocks In The Spotlight: Wall Street&#8217;s Most Accurate Analysts Weigh In</a> </li>
</ul>
Photo courtesy: T. Schneider / Shutterstock.com

MSC Industrial Direct, Constellation Brands And 3 Stocks To Watch Heading Into Tuesday

Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) raises FY2025 Adj EPS guidance from $5.25-$5.37 to $5.28-$5.40 vs $5.30 analyst estimate. Raises FY2025 sales outlook from $958.000 million-$970.000 million to $962.000 million-$974.000 million vs $964.815 million estimate.

News

Guidance

Progress Software Raises FY2025 Adj EPS Guidance from $5.25-$5.37 to $5.28-$5.40 vs $5.30 Est; Raises FY2025 Sales Guidance from $958.000M-$970.000M to $962.000M-$974.000M vs $964.815M Est

Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) is looking for Q3 Adj EPS of $1.28-$1.34 vs $1.30 analyst estimate. sees sales of $237.000 million-$243.000 million vs $238.543 million analyst estimate.

Progress Software Sees Q3 Adj EPS $1.28-$1.34 vs $1.30 Est; Sees Sales $237.000M-$243.000M vs $238.543M Est

Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.30 by 7.53 percent. This is a 28.44 percent increase over earnings of $1.09 per share from the same period last year. The company reported quarterly sales of $237.355 million which missed the analyst consensus estimate of $237.521 million by 0.07 percent. This is a 35.57 percent increase over sales of $175.077 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Progress Software Q2 Adj. EPS $1.40 Beats $1.30 Estimate, Sales $237.355M Miss $237.521M Estimate

Progress Software Acquires Nuclia; Size Not Disclosed, Says Is Immaterial To Financials

U.S. futures rose on Monday after a record close on Friday. Futures of major benchmark indices were trading higher.
As the <a href="https://www.benzinga.com/25/05/45603240/trump-agrees-to-extend-50-tariffs-on-europe-until-july-9-it-was-my-privilege-to-do-so">July 9 deadline</a> for President Donald Trump&#8216;s reciprocal tariffs comes closer, on Friday, he suggested that the deadline for a U.S.-EU trade deal might not be set in stone.
&#8220;We can do whatever we want,&#8221; he told reporters at the White House. &#8220;We could extend it. We could make it shorter.&#8221; The pause temporarily reduced tariffs to 10%, but they could <a href="https://www.benzinga.com/news/politics/25/06/46156587/trump-says-july-tariff-deadline-not-set-in-stone-we-can-do-whatever-we-want">revert to higher rates</a> unless Trump's executive order from April 9 is amended.
The 10-year Treasury bond yielded 4.25% and the two-year bond was at 3.72%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool&#8217;s</a> projections show markets pricing a 78.8% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.46%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.39%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.62%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.44%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Monday. The SPY was up 0.46% at $617.72, while the QQQ advanced 0.72% to $552.03, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
On Friday, several sectors on the S&amp;P 500 closed with strong gains, led by communication services, consumer discretionary, and industrials stocks. However, energy and healthcare bucked the prevailing market trend, concluding the session in negative territory.
Overall, U.S. stocks settled higher, with the S&amp;P 500 reaching fresh intraday records as investors responded positively to easing global trade tensions and diminishing geopolitical risks, prompting robust buying activity.
Sentiment received a significant boost from President Trump&#8217;s announcement that the U.S. is in the process of finalizing multiple trade agreements.
Trump indicated that four to five deals are either completed or nearing completion ahead of a crucial July 9 deadline. Further bolstering investor confidence, Commerce Secretary Howard Lutnick confirmed a new U.S.-China trade accord, which notably includes tariff reductions and provisions for safeguarding rare earth imports.
Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NK#NYSE">NK</a>) surged by 15% on Friday after the athletic apparel giant reported quarterly earnings that comfortably surpassed Wall Street&#8217;s expectations.
Similarly, Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) saw its shares advance by 6% following a bullish analyst note issued by RedBurn Atlantic, highlighting positive sentiment for the aerospace giant.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.52%</td>
<td>20,273.46</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.52%</td>
<td>6,173.07</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.00%</td>
<td>43,819.27</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.019%</td>
<td>2,172.53</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Following Friday&#8217;s record-breaking rally, Ryan Detrick from Carson Research highlighted historical data and said that the S&amp;P 500 index has never made an all-time high in June since 1950, whereas it has only happened twice in February, excluding this year.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Stocks just made a new all-time high in June. Stocks have never peaked in June. &#x1f9d0; <a href="https://t.co/ItYm8vmOog">pic.twitter.com/ItYm8vmOog</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1938949133832003645?ref_src=twsrc%5Etfw">June 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, he also reiterated that the bull market that began in October 2022 was still active.
He underscored that the S&amp;P 500 has been higher in a post-election year in nine of the past 10 cycles, going back 40 years to 1985.
&#8220;Strength now is normal, it is next year you need to worry about,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 has been higher in a post-election year nine of the past 10 cycles (going back 40 years to 1985). Strength now is normal, it is next year you need to worry about. <a href="https://t.co/DgnALlx9pe">pic.twitter.com/DgnALlx9pe</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1939518814808363480?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He also highlighted that the market rebounded from April lows to turn positive for the year by the end of July for the first time since 2009.
&#8220;With a day to go until the official midpoint of &#8217;25, the S&amp;P 500 is up 5% YTD,&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">With a day to go until the official midpoint of &#39;25, the S&amp;P 500 is up 5% YTD. Only once was it down more YTD at the lows and come all the way back to in the green by the end of June and that was 2009. <a href="https://t.co/uFy3mLJBBJ">pic.twitter.com/uFy3mLJBBJ</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1939522723526381690?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Ed Yardeni of Yardeni Research highlighted that tariff delays and AI spending have propelled the S&amp;P 500 index to new highs.
&#8220;Trump started to moderate his stance on tariffs on April 9, and AI companies reiterated their commitment to spend tens of billions of dollars on AI capital investments during April&#8217;s Q1 earnings season. Also boosting the S&amp;P 500 is the record high in S&amp;P 500 forward earnings,&#8221; he stated.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul class="wp-block-list">
<li>On Monday, June&#8217;s Chicago Business Barometer (PMI) will be released by 9:45 a.m. ET.</li>
<li>On Tuesday, June&#8217;s S&amp;P final U.S. manufacturing PMI will be out by 9:45 a.m., and May&#8217;s construction spending and job openings data will be released by 10:00 a.m. ET.</li>
<li>June&#8217;s ISM manufacturing data will be out by 10:00 a.m., whereas auto sales data will also be released on Tuesday.</li>
<li>On Wednesday, June&#8217;s ADP employment data will be out by 8:15 a.m. ET.</li>
<li>On Thursday, initial jobless claims data for the week ended June 28, along with June&#8217;s employment, unemployment, hourly wages, and May&#8217;s trade deficit data, will all be out by 8:30 a.m. ET.</li>
<li>June&#8217;s S&amp;P final U.S. services PMI will be released by 9:45 a.m., whereas ISM services data and May&#8217;s factory orders data will be out by 10:00 a.m. ET.</li>
<li>Markets will be closed on Friday, July 4, for Independence Day.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Progress Software Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) was up 2.02% in premarket on Monday as analysts expect it to report quarterly earnings of $1.30 per share on revenue of $237.52 million after the closing bell.</li>
<li>Quantum Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) rose 1.99% as analysts expect it to report a loss of $1.17 per share on revenue of $65.95 million, after the closing bell.</li>
<li>Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) jumped 37.61% in premarket after Madryn Asset Management increased its stake in the company to 85.5%.</li>
<li>IGC Pharma Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGC#NYSE">IGC</a>) gained 3.46% in premarket after reporting a quarterly loss of 1 cent per share, versus market estimates of a loss of 2 cents per share. The company reported quarterly sales of $330,000, which beat the analyst consensus estimate of $305,000.</li>
<li>Klotho Neurosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLTO#NASDAQ">KLTO</a>) surged 29.26% in premarket after announcing progress in manufacturing its investigational ALS gene therapy. The therapy utilizes a unique RNA splice variant of the human alpha-Klotho gene, licensed from the Autonomous University of Barcelona.</li>
<li>Globavend Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) climbed 15.11% after partnering with global online beauty retailer Strawberrynet to target Australia&#8217;s $8.7 billion cosmetics market, aiming to boost premium beauty product accessibility and expand Globavend&#8217;s e-commerce logistics.</li>
<li>Perfect Moment Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PMNT#NYSE">PMNT</a>) zoomed 16.89% after announcing that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.</li>
<li>Genius Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNS#NYSE">GNS</a>) advanced 13.71% after announcing its Board&#8217;s plan to distribute proceeds from any future legal victories equally between shareholders and the purchase of Bitcoin for its treasury.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.03% to hover around $65.50 per barrel.
Gold Spot US Dollar rose 0.37% to hover around $3,286.47 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.21% at the 97.1950 level.
Asian markets ended higher on Monday, except Hong Kong's Hang Seng and India's S&amp;P BSE Sensex indices. Japan's Nikkei 225, Australia's ASX 200, China&#8217;s CSI 300, and South Korea's Kospi indices rose. European markets were lower in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/46162886/us-housing-market-is-not-just-broken-its-rigged-says-craig-shapiro-as-mamdani-vows-to-build-200000-publicly-subsidized-homes-freeze-rent-in-nyc">US Housing Market Is &#8216;Not Just Broken, It&#8217;s Rigged,&#8217; Says Craig Shapiro As Mamdani Vows To Build 200,000 Publicly Subsidized Homes, Freeze Rent In NYC</a></li>
</ul>
Photo courtesy: godongphoto / Shutterstock.com

Equities

KLTO

PMNT

US Stocks Likely To Open Higher, Continuing Record-Setting Advances: June Has Never Seen An All-Time High Since 1950, Highlights Expert

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the S&amp;P 500 surging to fresh records during the session as investors responded to easing trade tensions and geopolitical risks with robust buying.
President Donald Trump said the U.S. is in the process of finalizing multiple trade agreements, suggesting that four to five deals are either completed or close to completion ahead of a key July 9 deadline. Sentiment was further lifted after Commerce Secretary Howard Lutnick confirmed a new U.S.-China trade accord that includes tariff reductions and safeguards for rare earth imports.
Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) jumped 15% on Friday after reporting quarterly earnings that crushed Wall Street expectations. Boeing Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) advanced 6% following a bullish analyst note from RedBurn Atlantic.
Most sectors on the S&amp;P 500 closed on a positive note, with communication services, consumer discretionary and industrials stocks recording the biggest gains on Friday. However, energy and health care stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 432 points to 43,819.27 on Friday. The S&amp;P 500 rose 0.52% to 6,173.07 with the index gaining as much as 0.76% to a high of 6,187.68 earlier during the session, while the Nasdaq Composite climbed 0.52% to 20,273.46 during Friday's session.
Investors are awaiting earnings results from Progress Software Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) and Quantum Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 64.6, the index remained in the &#8220;Greed&#8221; zone on Friday, versus a prior reading of 62.7.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46136470/jim-cramer-just-revealed-1-oil-stock-he-actually-wants-to-own">Jim Cramer Just Revealed 1 Oil Stock He Actually Wants To Own</a> </li>
</ul>
Photo courtesy: Shutterstock

S&P Hits Record High Amid Easing Trade Tensions: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul class="wp-block-list">
<li>Wall Street expects Progress Software Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) to report quarterly earnings at $1.30 per share on revenue of $237.52 million after the closing bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Progress Software shares gained 0.4% to $64.00 in after-hours trading.</li>
<li>Exicure Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCUR#NASDAQ">XCUR</a>) posted earnings of 49 cents per share, versus a year-ago loss of 48 cents per share. Exicure shares gained 2.6% to $6.04 in the after-hours trading session.</li>
<li>Analysts are expecting Quantum Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) to post a loss at $1.17 per share on revenue of $65.95 million for the latest quarter. The company will release earnings after the markets close. Quantum shares rose 0.1% to $9.05 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul class="wp-block-list">
<li>Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) shares rose sharply in after-hours trading after Madryn Asset Management increased its stake in the company to 85.5%. Venus Concept shares jumped 43.6% to $3.13 in the after-hours trading session.</li>
<li>IGC Pharma, Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IGC#AMEX">IGC</a>) reported a quarterly loss of 1 cent per share, versus market estimates of a loss of 2 cents per share. The company reported quarterly sales of $330,000, which beat the analyst consensus estimate of $305,000. IGC Pharma shares fell 0.3% to close at $0.3090 on Friday.</li>
</ul>
Check This Out: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46136470/jim-cramer-just-revealed-1-oil-stock-he-actually-wants-to-own">Jim Cramer Just Revealed 1 Oil Stock He Actually Wants To Own</a> </li>
</ul>
Photo courtesy: mariakray / Shutterstock.com

Progress Software, Exicure And 3 Stocks To Watch Heading Into Monday

<h3>Companies Reporting Before The Bell</h3>
<h3>Companies Reporting After The Bell</h3>
• Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) is expected to report quarterly earnings at $1.30 per share on revenue of $237.23 million. 
• Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) is projected to report earnings for its fourth quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Scheduled For June 30, 2025

Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) is gearing up to announce its quarterly earnings on Monday, 2025-06-30. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Progress Software will report an earnings per share (EPS) of $1.30.
Anticipation surrounds Progress Software's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Historical Earnings Performance</h3>
During the last quarter, the company reported an EPS beat by $0.25, leading to a 12.13% increase in the share price on the subsequent day.
Here's a look at Progress Software's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.06</td>
<td>1.21</td>
<td>1.13</td>
<td>0.95</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.31</td>
<td>1.33</td>
<td>1.26</td>
<td>1.09</td>
</tr>
<tr>
<td>Price Change %</td>
<td>12.0%</td>
<td>-10.0%</td>
<td>12.0%</td>
<td>13.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1751032815_0.png" alt="eps graph" />
<h3>Progress Software Share Price Analysis</h3>
Shares of Progress Software were trading at $63.75 as of June 26. Over the last 52-week period, shares are up 19.25%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analysts' Perspectives on Progress Software</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Progress Software.
The consensus rating for Progress Software is Buy, derived from 3 analyst ratings. An average one-year price target of $76.0 implies a potential 19.22% upside.
<h3>Comparing Ratings with Competitors</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of Teradata, Rapid7 and N-able, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for Teradata, with an average 1-year price target of $27.0, suggesting a potential 57.65% downside.</li>
<li>Analysts currently favor an Neutral trajectory for Rapid7, with an average 1-year price target of $29.87, suggesting a potential 53.15% downside.</li>
<li>Analysts currently favor an Buy trajectory for N-able, with an average 1-year price target of $10.0, suggesting a potential 84.31% downside.</li>
</ul>
<h3>Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for Teradata, Rapid7 and N-able are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Progress Software</td>
<td>Buy</td>
<td>28.88%</td>
<td>$191.78M</td>
<td>2.51%</td>
</tr>
<tr>
<td>Teradata</td>
<td>Buy</td>
<td>-10.11%</td>
<td>$248M</td>
<td>30.24%</td>
</tr>
<tr>
<td>Rapid7</td>
<td>Neutral</td>
<td>2.51%</td>
<td>$150.77M</td>
<td>5.98%</td>
</tr>
<tr>
<td>N-able</td>
<td>Buy</td>
<td>3.91%</td>
<td>$90.52M</td>
<td>-0.93%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Progress Software is positioned in the middle among its peers for revenue growth. It ranks at the bottom for gross profit and return on equity.
<h3>Unveiling the Story Behind Progress Software</h3>
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.
<h3>Key Indicators: Progress Software's Financial Health</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Progress Software's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 28.88% as of 28 February, 2025, showcasing a substantial increase in top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Progress Software's net margin is impressive, surpassing industry averages. With a net margin of 4.6%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Progress Software's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.51%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Progress Software's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.44%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 3.54, Progress Software faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/PRGS/earnings">To track all earnings releases for Progress Software visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Progress Software's Earnings

Progress Software Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) will release earnings results for the second quarter, after the<a href="https://www.benzinga.com/quote/PRGS/earnings"> closing bell on Monday, June 30.</a>
Analysts expect the Burlington, Massachusetts-based company to report quarterly earnings at $1.30 per share, up from $1.09 per share in the year-ago period. Progress Software projects to report quarterly revenue of $237.23 million, compared to $175.08 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 31, Progress Software reported better-than-expected first-quarter financial results.
Progress Software shares gained 0.3% to close at $63.75 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/GBX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>DA Davidson analyst Lucky Schreiner maintained a Buy rating and cut the price target from $75 to $70 on April 14, 2025. This analyst has an accuracy rate of 65%.</li>
<li>Guggenheim analyst John Difucci reiterated a Buy rating with a price target of $83 on April 1, 2025. This analyst has an accuracy rate of 68%.</li>
<li>Wedbush analyst Daniel Ives reiterated an Outperform rating with a price target of $75 on April 1, 2025. This analyst has an accuracy rate of 81%.</li>
<li>Citigroup analyst Fatima Boolani maintained a Neutral rating and boosted the price target from $65 to $68 on Jan. 17, 2025. This analyst has an accuracy rate of 79%.</li>
<li>Jefferies analyst Brent Thill maintained a Hold rating and raised the price target from $65 to $70 on Jan. 6, 2025. This analyst has an accuracy rate of 78%</li>
</ul>
Considering buying PRGS stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/PRGS/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="567" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26130859/image-415-1024x567.png" alt="" class="wp-image-963688" style="width:654px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26130859/image-415-1024x567.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26130859/image-415-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26130859/image-415-768x425.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26130859/image-415.png 1107w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/46093486/top-2-utilities-stocks-that-may-fall-off-a-cliff-in-q2">Top 2 Utilities Stocks That May Fall Off A Cliff In Q2</a> </li>
</ul>
Photo via Shutterstock

Price Target

Markets

Analyst Ratings

Trading Ideas

Progress Software Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Highlighted on May 9, it was unveiled in an SEC filing that Gupta, Chief Executive Officer at Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000876167/000087616725000075//Archives/edgar/data/876167/000087616725000075/0000876167-25-000075-index.htm">U.S. Securities and Exchange Commission</a> on Friday revealed that Gupta, Chief Executive Officer at Progress Software in the Information Technology sector, exercised stock options for 100,275 shares of PRGS stock. The exercise price of the options was $34.73 per share.
The latest update on Friday morning shows Progress Software shares down by 1.23%, trading at $61.0. At this price, Gupta's 100,275 shares are worth $2,634,224.
<h3>Get to Know Progress Software Better</h3>
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.
<h3>Financial Insights: Progress Software</h3>
Revenue Growth: Progress Software's remarkable performance in 3 months is evident. As of 28 February, 2025, the company achieved an impressive revenue growth rate of 28.88%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 80.58%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Progress Software's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.25.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 3.54.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 48.63 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 3.4 is lower than the industry average, implying a discounted valuation for Progress Software's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 17.12, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Relevance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000876167">Check Out The Full List Of Progress Software's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

At Progress Software, Yogesh Gupta Chooses To Exercise Options, Resulting In $2.63M

The S&amp;P400 index, which tracks the top mid-cap stocks, fell 9.1% last week and 4.8% last Friday. However, these mid-cap stocks emerged as winners. Are they in your portfolio?
<ol>
<li>Corcept Therapeutics Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORT#NASDAQ">CORT</a>) shares surged 36.28% after the company disclosed that the ROSELLA Phase 3 trial of relacorilant plus nab-paclitaxel in patients with platinum-resistant ovarian cancer met its primary endpoint of improved progression-free survival, as assessed by blinded <a href="https://www.benzinga.com//node/44569564" target="_blank" rel="noreferrer noopener">independent central review (PFS-BICR)</a>.</li>
<li>Mr. Cooper Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NASDAQ">COOP</a>) stock escalated 28.44% after the company announced Rocket Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) will acquire it in <a href="https://www.benzinga.com//node/44565671" target="_blank" rel="noreferrer noopener">a $9.4 billion all-stock deal</a>.</li>
<li>Verra Mobility Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRRM#NASDAQ">VRRM</a>) shares rose 10.90%.</li>
<li>Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) stock rose 10.35% after Deutsche Bank upgraded it from Hold to Buy <a href="https://www.benzinga.com/quote/gt/analyst-ratings" target="_blank" rel="noreferrer noopener">and announced a $13 price forecast</a>.</li>
<li>Progress Software Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) stock upped 9.30% after the company reported better-than-expected <a href="https://www.benzinga.com//node/44570749" target="_blank" rel="noreferrer noopener">first-quarter financial results</a>.</li>
<li>Lamb Weston Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) stock rose 9.24% after the company reported better-than-expected third-quarter financial results and issued <a href="https://www.benzinga.com//node/44629158" target="_blank" rel="noreferrer noopener">FY25 sales guidance above estimates</a>.</li>
<li>Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) stock rose 5.62%.</li>
<li>Loar Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOAR#NYSE">LOAR</a>) shares increased 5.26% after the <a href="https://www.benzinga.com//node/44560215" target="_blank" rel="noreferrer noopener">company reported quarterly results</a>.</li>
<li>PVH Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) shares gained 4.68% last week following strong <a href="https://www.benzinga.com//node/44572437" target="_blank" rel="noreferrer noopener">Q4 financial results</a> and the announcement of plans to enter into a $500 million accelerated share repurchase program.</li>
</ol>
Photo by Sorbis via Shutterstock

Mid Cap

Movers

CELH

COOP

CORT

LOAR

VRRM

How Some Mid Cap Stocks Outshone The S&P 400's Dramatic Drop Last Week (Mar 31-Apr 4)

In the preceding three months, 7 analysts have released ratings for Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>), presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Progress Software, revealing an average target of $76.71, a high estimate of $83.00, and a low estimate of $68.00. Marking an increase of 1.51%, the current average surpasses the previous average price target of $75.57. 
<img src="https://www.benzinga.com/files/images/story/2025/1743530447_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Progress Software. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Difucci</td>
<td>Guggenheim</td>
<td>Maintains</td>
<td>Buy</td>
<td>$83.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>John Difucci</td>
<td>Guggenheim</td>
<td>Maintains</td>
<td>Buy</td>
<td>$83.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Lucky Schreiner</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$75.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Fatima Boolani</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$68.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>John Difucci</td>
<td>Guggenheim</td>
<td>Maintains</td>
<td>Buy</td>
<td>$83.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$70.00</td>
<td>$65.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Progress Software. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Progress Software compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Progress Software's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Progress Software's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PRGS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Progress Software analyst ratings.</a>
<h2>Delving into Progress Software's Background</h2>
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.
<h3>A Deep Dive into Progress Software's Financials</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Progress Software's remarkable performance in 3 months is evident. As of 30 November, 2024, the company achieved an impressive revenue growth rate of 21.47%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Progress Software's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 0.53%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Progress Software's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.27%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Progress Software's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.06%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Progress Software's debt-to-equity ratio surpasses industry norms, standing at 3.56. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>How Are Analyst Ratings Determined?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Progress Software: Insights From 7 Analyst Reviews

WIIM

Progress Software Corporation shares are trading higher after the company reported better-than-expected Q1 financial results.

Guggenheim analyst John Difucci reiterates Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) with a Buy and maintains $83 price target.

Reiteration

Guggenheim Reiterates Buy on Progress Software, Maintains $83 Price Target

U.S. stocks were lower, with the Dow Jones index falling over 300 points on Tuesday.
Shares of Progress Software Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) rose sharply during Tuesday's session after the company reported better-than-expected <a href="https://www.benzinga.com/quote/PRGS/earnings">quarterly financial results</a>.
Progress Software reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.06 per share. The company reported quarterly sales of $238.01 million which beat the analyst consensus estimate of $235.63 million.
Progress Software shares surged 8.2% to $55.74 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Newsmax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMAX#NASDAQ">NMAX</a>) shares jumped 100.5% to $167.42 after jumping 735% on Monday.</li>
<li>Microvast Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) gained 20.5% to $1.41 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) gained 17.1% to $75.67 following a fourth-quarter adjusted EPS and revenue beat. Additionally, the company announced plans to enter into a $500 million accelerated share repurchase program.</li>
<li>Alumis Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALMS#NASDAQ">ALMS</a>) rose 10.6% to $6.79.</li>
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) climbed 9.8% to $40.72.</li>
<li>HUTCHMED (China) Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCM#NASDAQ">HCM</a>) climbed 7.7% to $16.20.</li>
<li>Nayax Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NYAX#NASDAQ">NYAX</a>) gained 7.5% to $36.82. William Blair analyst Cristopher Kennedy upgraded Nayax from Market Perform to Outperform.</li>
<li>LZ Technology Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZMH#NASDAQ">LZMH</a>) gained 5.2% to $7.27.</li>
<li>Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) rose 4.1% to $22.51.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/news/earnings/25/04/44583174/how-to-earn-500-a-month-from-unifirst-stock-ahead-of-q2-earnings">How To Earn $500 A Month From UniFirst Stock Ahead Of Q2 Earnings</a> </li>
</ul>
Photo via Shutterstock

Intraday Update

ALMS

CRWV

LZMH

MVST

NMAX

NYAX

OKLO

Progress Software Posts Upbeat Results, Joins Microvast, PVH And Other Big Stocks Moving Higher On Tuesday

Wedbush analyst Daniel Ives reiterates Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) with a Outperform and maintains $75 price target.

Wedbush Reiterates Outperform on Progress Software, Maintains $75 Price Target

Shares of PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) rose sharply in today's pre-market trading after the company reported <a href="https://www.benzinga.com/news/earnings/25/03/44572437/calvin-klein-parent-pvh-shares-climb-on-strong-q4-fy25-eps-guidance-above-estimates">better-than-expected fourth-quarter financial results.</a>
Calvin Klein and Tommy Hilfiger parent company PVH reported quarterly earnings of $3.27 per share, which beat the analyst consensus estimate of $3.21. Quarterly revenue came in at $2.37 billion, which beat the analyst consensus estimate of $2.33 billion.
PVH shares jumped 15.2% to $74.50 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>ReShape Lifesciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RSLS#NASDAQ">RSLS</a>) gained 146.8% to $0.89 in pre-market trading after falling around 7% on Monday.</li>
<li>bioAffinity Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIAF#NASDAQ">BIAF</a>) rose 99.1% to $0.5176 in pre-market trading after the company reported a year-over-year increase in FY24 financial results.</li>
<li>Nutex Health Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUTX#NASDAQ">NUTX</a>) rose 46.6% to $68.99 in pre-market trading following strong FY sales results.</li>
<li>Microvast Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) gained 30% to $1.52 in pre-market trading after reporting fourth-quarter results.</li>
<li>TNL Mediagene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNMG#NASDAQ">TNMG</a>) surged 28.5% to $1.00 in pre-market trading following a 9% decline on Monday.</li>
<li>Cloudastructure Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSAI#NASDAQ">CSAI</a>) rose 25% to $5.55 in pre-market trading after reporting 2024 year-end results.</li>
<li>Newsmax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMAX#NYSE">NMAX</a>) gained 23.6% to $103.19 in pre-market after jumping 735% on Monday.</li>
<li>ON24, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTF#NYSE">ONTF</a>) gained 14.2% to $5.94 in pre-market trading.</li>
<li>Progress Software Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) gained 5.7% to $54.45 in pre-market trading after the company reported better-than-expected quarterly financial results.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Cambium Networks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMBM#NASDAQ">CMBM</a>) shares fell 50.3% to $0.3490 in pre-market trading after the company announced that it will delay Form 10-K filing for fiscal year 2024.</li>
<li>1stdibs.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIBS#NASDAQ">DIBS</a>) fell 27% to $2.22 in pre-market trading.</li>
<li>Foghorn Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHTX#NASDAQ">FHTX</a>) declined 19.2% to $2.95 in pre-market trading.</li>
<li>Soluna Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) fell 18.5% to $0.52 in pre-market trading after dipping over 28% on Monday.</li>
<li>Lucas GC Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCL#NASDAQ">LGCL</a>) dipped 18.2% to $0.40 in pre-market trading.</li>
<li>Myriad Genetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) fell 13.1% to $7.71 in today's pre-market trading.</li>
<li>Sunstone Hotel Investors, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) fell 9.7% to $8.50 in pre-market trading. Sunstone Hotel Investors will report financial results for the first quarter 2025 on Tuesday, May 6.</li>
<li>Zenas BioPharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBIO#NASDAQ">ZBIO</a>) shares tumbled 8.9% to $7.20 in pre-market trading after falling over 3% on Monday.</li>
<li>Acuren Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIC#NYSE">TIC</a>) shares dipped 8% to $10.24 in pre-market trading.</li>
<li>Excelerate Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EE#NYSE">EE</a>) shares fell 6.8% to $26.74 in pre-market trading. Excelerate Energy announced the pricing of upsized public offering of class A common stock.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/news/earnings/25/03/44561974/how-to-earn-500-a-month-from-apple-stock"> </a>
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<li><a href="https://www.benzinga.com/news/earnings/25/03/44561974/how-to-earn-500-a-month-from-apple-stock">How To Earn $500 A Month From Apple Stock</a> </li>
</ul>
Image via Shutterstock

BIAF

CMBM

CSAI

DIBS

FHTX

LGCL

MYGN

NUTX

ONTF

RSLS

SLNH

TNMG

ZBIO

Why PVH Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket

<h3>Gainers</h3>
<ul>
<li>Cloudastructure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSAI#NASDAQ">CSAI</a>) shares rose 36.3% to $6.05 during Monday's after-market session. The market value of their outstanding shares is at $93.5 million. </li>
<li>Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) shares moved upwards by 7.94% to $55.6. The company's market cap stands at $2.3 billion. As per the press release, Q1 earnings came out today. </li>
<li>MultiSensor AI Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSAI#NASDAQ">MSAI</a>) stock rose 7.33% to $1.0. The company's market cap stands at $32.0 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Inuvo (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INUV#AMEX">INUV</a>) stock moved upwards by 7.01% to $0.38. The market value of their outstanding shares is at $53.3 million. </li>
<li>GSI Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) shares moved upwards by 6.4% to $2.16. The company's market cap stands at $55.2 million. </li>
<li>LivePerson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPSN#NASDAQ">LPSN</a>) shares increased by 6.34% to $0.85. The market value of their outstanding shares is at $77.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Cambium Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMBM#NASDAQ">CMBM</a>) stock fell 30.6% to $0.49 during Monday's after-market session. The company's market cap stands at $13.8 million. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) shares fell 17.84% to $0.52. The market value of their outstanding shares is at $5.5 million. </li>
<li>Gorilla Tech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRRR#NASDAQ">GRRR</a>) stock decreased by 9.36% to $26.83. The market value of their outstanding shares is at $495.4 million. As per the press release, FY earnings came out today. </li>
<li>AmpliTech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) shares decreased by 8.39% to $1.42. The company's market cap stands at $27.9 million. </li>
<li>Saverone 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) stock fell 5.67% to $2.83. The company's market cap stands at $1.5 million. </li>
<li>Signing Day Sports (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SGN#AMEX">SGN</a>) stock fell 5.4% to $0.66. The market value of their outstanding shares is at $1.2 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMPG

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GSIT

INUV

LPSN

Infrared Cameras Holdings, Inc. - Common Stock

MSAI

SVRE

12 Information Technology Stocks Moving In Monday's After-Market Session

Press Releases

Progress Empowers Marketers with Innovative AI Capabilities for Creating Superior Digital Experiences

Progress Congratulates Chairman Jack Egan on NACD New England Leadership in Corporate Governance Award

Progress ShareFile Enhances Secure Enterprise Collaboration with Deep Microsoft 365 Interoperability

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Progress Software Sets New Standard for Developer Productivity with Groundbreaking AI Coding Assistants in Latest Telerik and Kendo UI Release

Progress Software Unveils Powerful New ShareFile Features for Accountants to Automate Administrative Tasks and Deliver a Great Client Experience

Progress Software to Report Second Quarter 2025 Financial Results on June 30, 2025

Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

New Progress Semaphore Release Unleashes AI to Drive Smarter Enterprise Knowledge Management

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