Progress Software recognized in Forrester's Digital Experience Platforms report for its secure, scalable, AI-driven digital solutions.
Quiver AI Summary
Progress Software announced its inclusion in The Forrester Wave™: Digital Experience Platforms, Q4 2025 report as one of nine vendors, marking its first appearance in this significant analysis of the market. This recognition underscores Progress's commitment to providing secure, scalable, and personalized digital experiences through advanced AI technology. The report highlights Progress's suitability for midsize, multibrand organizations and commends its low-code flexibility and ease of use, especially in managing multiple sites and personalized content. Progress earned a top score in search capabilities, thanks to its Agentic RAG feature, which enhances digital interactions by dynamically assembling relevant content for users. This acknowledgment reinforces Progress's ability to help organizations innovate and engage audiences effectively in a rapidly evolving digital landscape.
Potential Positives
- Progress Software was recognized in The Forrester Wave™: Digital Experience Platforms, Q4 2025, marking its debut in a prestigious analyst report.
- The company received the highest score possible in the Search criterion, reflecting its strong capabilities and innovative AI-native technology, Agentic RAG.
- Progress is positioned as an ideal fit for midsize, multibrand organizations, highlighting its relevance and adaptability in the digital experience market.
- Customers commend Progress for its ease of use, low-code flexibility, and effective multisite management, enhancing its appeal to a broad range of potential clients.
Potential Negatives
- Recognition in the Forrester Wave may highlight the company’s prior absence from influential analyst reports, which could indicate a lack of competitive presence in the digital experience platform market prior to this acknowledgment.
- The press release emphasizes the need for organizations to keep pace with rapidly evolving customer expectations in a digital world dominated by AI, potentially suggesting that Progress may face challenges in maintaining relevancy and innovation.
- Forrester’s disclaimer stating they do not endorse any company or product could lead to questioning the significance of the recognition among stakeholders and detractors, potentially minimizing the impact of their inclusion in the report.
FAQ
What recognition did Progress Software recently receive?
Progress Software was included in The Forrester Wave™: Digital Experience Platforms, Q4 2025 report as one of nine vendors.
How does Progress Software support digital experience management?
Progress Software offers a platform that enables secure, scalable, and personalized digital experiences, utilizing trusted AI for dynamic content generation.
Who benefits most from Progress Software's digital experience platform?
The platform is ideal for midsize, multibrand organizations like banks, governments, and event producers that manage multiple microsites and portals.
What is Agentic RAG in Progress Software's offerings?
Agentic RAG is an AI-native capability that transforms static websites into dynamic, personalized answer engines using retrieval-augmented generation.
What is Progress Software's commitment regarding customer experience?
Progress Software is dedicated to providing organizations with modern tools to deliver AI-powered, adaptive digital experiences that meet evolving customer expectations.
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
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$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
- DEUTSCHE BANK AG\ removed 437,584 shares (-50.4%) from their portfolio in Q3 2025, for an estimated $19,223,065
- 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
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$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
Company earns recognition among top digital experience platforms in the market
BURLINGTON, Mass., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS) today announced its inclusion as one of nine vendors in The Forrester Wave™: Digital Experience Platforms, Q4 2025 1 , marking its debut in this influential analyst report. Progress sees this recognition as a reflection of its growing influence in the digital experience platform (DXP) market and its commitment to delivering secure, scalable, personalized and dynamically generated digital experiences through trusted AI.
According to the Forrester report, “Progress is an ideal fit for midsize, multibrand organizations that manage dozens of microsites and portals for different audiences, such as banks, governments, manufacturers, and event producers.” The report notes that “Customers praise Progress for its ease of use, low-code flexibility, and ability to support multisite management and personalization across complex digital estates,” and states that “Progress made quick work of integrating its Nuclia acquisition into its platform, resulting in an excellent search capability.”
“At FAO, reaching diverse audiences with timely, relevant information is mission‑critical,” said Giorgio Lanzarone, Information Technology Officer, Food and Agriculture Organization (FAO). “Sitefinity’s dynamically generated experiences brings adaptive, AI‑driven experiences that tailor content to each visitor’s context while preserving the governance our teams need. It would help us deepen engagement globally and do so responsibly at scale.”
Progress earned the highest score possible (5.0) in the Search criterion, powered by Progress® Agentic RAG . This AI-native capability combines retrieval-augmented generation with real-time content assembly, transforming static websites into dynamic, trusted answer engines that assemble hyper-personalized experiences on the fly. By dynamically orchestrating content and context, Agentic RAG ensures every interaction is relevant, verified and tailored to individual user intent.
“To us, this recognition in the Forrester Wave is an acknowledgement of our strong capabilities for helping our customers deliver AI-powered, dynamically generated digital experiences,” said Loren Jarrett, EVP & GM, Progress Software. “We are committed to providing organizations with the most modern tools to help them succeed as customer expectations evolve rapidly in a digital world dominated by AI.”
Progress’ Digital Experience (DX) portfolio, which includes Progress® Sitefinity®, empowers organizations to rapidly build and deliver expansive digital experiences across websites, portals and applications, driving customer acquisition, retention and competitive success. With the integration of Agentic RAG, Progress has evolved its offering into a generative, adaptive digital experience platform that unlocks siloed content, delivers trusted answers and dynamically assembles experiences tailored to user intent across channels. The result: organizations accelerate innovation, reduce complexity and deliver measurable business outcomes through secure, AI-driven personalization at scale.
For a complimentary copy of The Forrester Wave™: Digital Experience Platforms, Q4 2025 report, click here .
Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here .
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 and Sitefinity are trademarks or registered trademarks of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Press Contact:
Kim Baker
Progress Software
+1-800-477-6473
[email protected]
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1
Forrester, “The Forrester Wave™: Digital Experience Platforms, Q4 2025,” Joe Cicman, November 19, 2025