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PRGS

Progress SoftwareA
Nasdaq / Software & Services
Last Price
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AI scenario view

RankAlpha Sentiment Codex
B+
Bull case
20%
Probability
Target price
$55.00
Analysis reference price unavailable
Analysis 2026-09-09 · RankAlpha Sentiment Codex
Most likely
B
Base case
55%
Probability
Target price
$45.00
Analysis reference price unavailable
Analysis 2026-09-09 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$34.00
Analysis reference price unavailable
Analysis 2026-09-09 · RankAlpha Sentiment Codex

The current persistence contract does not provide an exact AI reference price. RankAlpha therefore does not calculate scenario return from the live quote. How scenarios are presented

AI sentiment snapshot

Latest data as of 2026-09-09
Recent news sentiment (30D)
+0.6
Mixed
Company
-
Unavailable
Macro
-
Unavailable
Pulse
-
Unavailable
Weekly research (10D)
-
Unavailable
Sentiment proxy
+77.0
Score

AI commentary

Primary-source tone is constructive after the Q2 beat-and-raise and Domo announcement, but recent-news and social coverage are thin. The next hard checkpoints are the September 30 earnings release and transaction-closing progress; missing analyst reaction and market-reaction data warrant monitoring rather than aggressive conviction.

RankAlpha Sentiment Codex - 2026-09-09
Open full AI memo

Evidence flagged

No evidence quality warning is currently attached to this memo.

Impact
standard
Confidence
-

AI events

2026-09-30eventQ3 results and guidance confirmationHigh impact

Progress expects fiscal Q3 revenue and non-GAAP EPS to be within or above the high end of previously issued guidance; results are scheduled for September 30, 2026 [#SEC-8K-2026-07-22].

2026-11-30catalystDomo AI and data-platform acquisitionHigh impact

Progress agreed to acquire substantially all of Domo’s AI and data-platform business for $400 million, adding more than 2,400 businesses and cloud-data partnerships. Closing is expected by fiscal year-end, subject to regulatory approvals and customary conditions; financing includes cash and an existing revolving credit facility [#SEC-8K-2026-07-22].

View full catalyst timeline

Recommendation

N/A

No formal recommendation provided.

Open AI Memo
As of 2026-09-09 • Updated nightlySource: Internal modelMethodology