Progress Software announces new AI capabilities in Telerik and Kendo UI, enabling faster enterprise application development and enhanced debugging.
Quiver AI Summary
Progress Software has launched its Q4 2025 release of Telerik and Kendo UI, introducing Agentic AI to enhance enterprise-grade software development. This release features the Agentic UI Generator, allowing developers to create fully styled, multi-component page layouts from simple prompts, leading to up to a 50% reduction in development time. Additional updates include twelve new AI coding assistants that enhance productivity by at least 30%, AI-embedded interactive components, support for .NET 10 and Angular 21, and AI-driven debugging features in Fiddler. Progress emphasizes that these advancements mark a significant evolution in application development, transforming how modern applications are built.
Potential Positives
- Introduction of Agentic AI capabilities, allowing developers to build enterprise-grade applications from simple prompts, enhancing productivity and reducing development cycles by up to 50%.
- Expanded AI Coding Assistants integrated into a range of UI libraries, boosting developer productivity by at least 30% through deep context and automation.
- Immediate support for .NET 10 and Angular 21 solidifies Progress Software's position as a platform leader, enabling teams to leverage the latest performance and security features without delays.
- AI-driven debugging enhancements in Telerik Fiddler streamline troubleshooting, making it a more efficient and guided experience for developers.
Potential Negatives
- Potential over-reliance on AI technology may raise concerns about the quality and security of generated code, as developers might trust the AI outputs without thorough manual review.
- The announcement emphasizes that previous tasks can be completed in significantly less time, which may lead to questions about the viability of job roles within development teams as efficiency increases.
- Although the company claims competitive advantages, it faces the risk of internal competition among its products and features, which could dilute brand value and customer focus.
FAQ
What are the new features in Progress Telerik and Kendo UI Q4 2025 release?
The release includes Agentic AI capabilities, expanded AI coding assistants, and AI-driven debugging among other enhancements.
How does the Agentic UI Generator enhance app development?
The Agentic UI Generator allows developers to create enterprise-grade layouts from simple prompts, significantly speeding up the development process.
What benefits do early adopters report from using the new features?
Early adopters report up to 50% faster development cycles and improved application quality with the new AI-driven tools.
Is there support for the latest development frameworks?
Yes, the release includes Day-Zero support for .NET 10 and Angular 21, enabling seamless upgrades to the latest versions.
How does AI-driven debugging improve the development process?
AI-driven debugging with Fiddler allows developers to analyze network traffic and troubleshoot issues in a guided manner, enhancing efficiency.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PRGS Insider Trading Activity
$PRGS insiders have traded $PRGS stock on the open market 11 times in the past 6 months. Of those trades, 3 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $PRGS stock by insiders over the last 6 months:
- ANTHONY FOLGER (Chief Financial Officer) has made 0 purchases and 4 sales selling 11,003 shares for an estimated $547,225.
- DAVID KRALL purchased 5,125 shares for an estimated $250,612
- IAN PITT (Chief Information Officer) has made 0 purchases and 2 sales selling 2,595 shares for an estimated $161,444.
- YOGESH K GUPTA (Chief Executive Officer) purchased 2,100 shares for an estimated $103,194
- RAINER GAWLICK purchased 1,710 shares for an estimated $74,350
- YUFAN STEPHANIE WANG (Chief Legal Officer) sold 1,428 shares for an estimated $66,059
- SUNDAR SUBRAMANIAN (EVP/GM Infrastructure Mgmt) sold 501 shares for an estimated $30,210
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$PRGS Revenue
$PRGS had revenues of $249.8M in Q3 2025. This is an increase of 39.8% from the same period in the prior year.
You can track PRGS financials on Quiver Quantitative's PRGS stock page.
$PRGS Congressional Stock Trading
Members of Congress have traded $PRGS stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PRGS stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 07/10 and 1 sale worth up to $15,000 on 07/16.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$PRGS Hedge Fund Activity
We have seen 150 institutional investors add shares of $PRGS stock to their portfolio, and 219 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SEIZERT CAPITAL PARTNERS, LLC removed 619,325 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $27,206,947
- AMERICAN CENTURY COMPANIES INC added 550,145 shares (+557.7%) to their portfolio in Q3 2025, for an estimated $24,167,869
- MIZUHO MARKETS AMERICAS LLC removed 477,905 shares (-62.2%) from their portfolio in Q3 2025, for an estimated $20,994,366
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- QUBE RESEARCH & TECHNOLOGIES LTD added 371,593 shares (+inf%) to their portfolio in Q3 2025, for an estimated $16,324,080
- MORGAN STANLEY removed 352,132 shares (-41.6%) from their portfolio in Q3 2025, for an estimated $15,469,158
- JEFFERIES FINANCIAL GROUP INC. removed 337,505 shares (-60.1%) from their portfolio in Q3 2025, for an estimated $14,826,594
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$PRGS Analyst Ratings
Wall Street analysts have issued reports on $PRGS in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 10/13/2025
- DA Davidson issued a "Buy" rating on 09/30/2025
- Wedbush issued a "Outperform" rating on 07/01/2025
To track analyst ratings and price targets for $PRGS, check out Quiver Quantitative's $PRGS forecast page.
$PRGS Price Targets
Multiple analysts have issued price targets for $PRGS recently. We have seen 4 analysts offer price targets for $PRGS in the last 6 months, with a median target of $66.0.
Here are some recent targets:
- Fatima Boolani from Citigroup set a target price of $57.0 on 10/13/2025
- Brent Thill from Jefferies set a target price of $50.0 on 09/30/2025
- Lucky Schreiner from DA Davidson set a target price of $75.0 on 09/30/2025
- Daniel Ives from Wedbush set a target price of $75.0 on 07/01/2025
Full Release
With new agentic capabilities, developers can build complete enterprise-grade screens from a prompt while leveraging AI-powered smarter debugging and faster delivery across .NET and JavaScript frameworks; early adopters reporting up to 50% faster development cycles
BURLINGTON, Mass., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the Q4 2025 release of its leading developer toolsets Progress® Telerik® and Progress® Kendo UI® . This release introduces Agentic AI as an active development partner through a Progress Agentic UI Generator along with a powerful set of new AI-driven features—helping organizations accelerate time-to-market, cut down development costs and improve application quality.
New in this release, the Agentic UI Generator sets the standard for modern agentic software development. Combining the quality and sophistication of Telerik and Kendo tools with the speed of AI code generation, it generates multi-component, fully styled, enterprise-grade page layouts from simple natural language prompts. More than a traditional coding assistant, it operates as a UI agent that delivers robust business functionality powered by Telerik and Kendo UI, right inside the developer’s IDE of choice. Available for Progress® Telerik® UI for Blazor , Progress® KendoReact™ and Progress® Kendo UI® for Angular , the solution is already helping early adopters achieve an approximate 50% time savings as well as greater consistency and higher-quality applications delivering measurable business impact.
“The new Agentic AI capabilities in Telerik and Kendo UI can fundamentally reshape how development teams build applications, offering an approach like no one else on the market,” said Jeremy Schaab, VP, Software Development, FYIsoft. “What once took days can now take hours. This isn’t just an incremental update—it’s a game-changer for delivering modern apps faster and smarter. It’s also worth noting Progress’ proactive approach to partnering with AI-forward-looking customers like FYIsoft, which underscores their commitment to innovation.”
Additional highlights of the Q4 2025 release include:
-
Expanded AI Coding Assistants:
Twelve new component-level AI coding assistants across .NET and JavaScript frameworks are now integrated across most UI libraries, reporting and styling tools. They provide deep context and automation to help developers deliver faster than ever, increasing their productivity by at least 30%.
-
AI Embedded Across the Telerik and Kendo UI Tools:
New AI components, including Inline AI Prompt, AI-optimized Chat UI and prompt-driven Data Grid, empower users to interact with apps in natural language—commanding powerful features, such as dynamic filtering with phrases like “Show me all orders processed last month” or “Highlight anything above the given threshold.”
-
.NET 10 and Angular 21 Day-Zero Support:
Reaffirming its platform leadership, Progress delivers immediate support for .NET 10 and Angular 21, helping teams upgrade confidently and take advantage of the latest performance and security advancements without delay.
-
AI-Driven Debugging with Fiddler:
The release unveils MCP integration for
Progress® Telerik® Fiddler™ Everywhere
, bringing AI-driven, conversational debugging directly inside developers’ IDEs. Teams can analyze network traffic, identify performance bottlenecks and resolve issues early, transforming troubleshooting into a seamless, guided experience.
“With today’s release, AI-based code generation is now enterprise-ready, providing new horizons for UI development,” said Loren Jarrett, EVP and GM, Digital Experience, Progress Software. “Instead of simply generating code with AI that requires review and revision, with the Agentic UI Generator, developers can now build production-ready interfaces based on best practices from simply a prompt. This marks an important milestone—not just for Telerik and Kendo UI, but for how modern applications will be built going forward.”
To learn more, visit https://www.telerik.com .
About Progress Software
Progress Software
(Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and personalized digital experiences with agility and ease. Businesses of all sizes get a trusted provider in Progress, with the products, expertise and vision they need to turn AI disruption into a competitive advantage. Millions of developers and technologists at hundreds of thousands of organizations depend on Progress every day. Learn more at
www.progress.com
.
Progress, Telerik, Kendo UI, Fiddler and KendoReact are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.
Press Contact:
Kim Baker
Progress Software
+1-800-477-6473
[email protected]
A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9efcd69f-5f64-43aa-a72d-048b97b402f9