PRGS Should I Buy
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Progress Software Corp (PRGS) is not a strong buy at the moment for a beginner investor with a long-term focus. The technical indicators suggest a bearish trend, insiders are selling significantly, and there are no recent positive news catalysts. Although the financial performance in Q4 2025 was strong, the lack of recent trading signals and mixed analyst ratings indicate that waiting for a better entry point may be prudent.
The MACD is negative and expanding, indicating a bearish trend. RSI is neutral at 23.176, and moving averages are converging, showing no clear direction. The stock is trading below the key pivot level of 40.287, with support levels at 36.746 and 34.558.
Strong financial performance in Q4 2025, with revenue up 17.54% YoY, net income up 2144.55% YoY, and EPS up 1866.67% YoY. Analyst Fatima Boolani raised the price target to $60 and maintained a Buy rating.
Insiders are selling heavily, with a 318.99% increase in selling activity over the last month. No recent news or Congress trading data. Analyst Jefferies lowered the price target to $45, citing concerns about AI monetization and valuation. Technical indicators are bearish, and options data reflects negative sentiment.
In Q4 2025, revenue increased to $252.67 million (up 17.54% YoY), net income surged to $25.75 million (up 2144.55% YoY), and EPS rose to $0.59 (up 1866.67% YoY). However, gross margin dropped to 71.3% (down 4.59% YoY).
Analyst sentiment is mixed. Citi raised the price target to $60 and maintained a Buy rating, citing strong earnings momentum. However, Jefferies lowered the price target to $45, expressing concerns about AI monetization and valuation.
