Progress Software (PRGS) Remains Resilient Against AI-Linked Threats

Progress Software (NASDAQ:PRGS) is 1 of the 9 small-cap bundle infrastructure stocks with highest upside potential.

On January 22, the terms people connected Progress Software (NASDAQ:PRGS) was accrued from $54 to $60 by Citi expert Fatima Boolani. She maintained her Buy standing connected the banal with much than 71% upside potential.

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Boolani’s revision came connected the heels of the company’s fourth-quarter announcement, which reported awesome net and currency flows. She sees beardown momentum for the institution during the coming year.

On January 15, the terms people connected Progress Software (NASDAQ:PRGS) was reduced from $75 to $70 by DA Davidson expert Lucky Schreiner, who maintained his Buy standing connected the stock. Following this downward revision, the forecast inactive carries an awesome upside of astir 100%.

Schreiner conducted a income cheque connected Progress Software (NASDAQ:PRGS) to measure the interaction of ongoing fears related to AI’s imaginable disruption. The cheque indicates that customers inactive respect the company’s products arsenic mission-critical, with constricted involvement successful alternatives. Despite trading astatine historically debased valuation multiples astatine present, the expert views imaginable M&A opportunities arsenic affirmative catalysts for the stock.

Progress Software (NASDAQ:PRGS) is simply a bundle institution that offers products for processing and managing AI-enabled applications, integer experiences, and absorption tools. Its merchandise portfolio comprises OpenEdge, Chef, Agentic RAG, MOVEit, Automate MFT, and Sitefinity. It delivers solutions for task management, bundle development, programming, training, and different services.

While we admit the imaginable of PRGS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.