Progress Software Stock Pre-Market (+7.5%): Strong FY26 Guidance and Q4 EPS Beat

PRGS – a company that provides software solutions to automate processes to develop, deploy and manage apps – is surging after reporting Q4 adjusted EPS that crushed estimates and providing a robust forecast for fiscal 2026. The positive guidance is overshadowing a slight revenue miss, fueling strong bullish sentiment. Can the optimistic outlook sustain a breakout session?

This is a structural catalyst. The company’s strong earnings power and forward-looking guidance for FY26 suggest fundamental strength, potentially resetting near-term expectations for profitability.

• Reported Q4 Adj. EPS of $1.51, significantly beating the $1.31 consensus.
• Projects FY26 revenue between $986M and $1B.
• Guides FY26 Adj. EPS in the range of $5.82 to $5.96, above prior year’s results.

But here is the interesting part. You are reading about this 7.5% move after it happened. The market has already priced in the news. To catch the next winner before the headlines, you need predictive signals, not notifications. High Quality Portfolio has flagged 5 new opportunities that have not surged yet.

Playbook On Market Open

The trading session will be a battle between a significant earnings beat and strong guidance versus a minor revenue miss. Market focus will determine if it’s a Gap & Go or a Fade scenario, with psychological levels being key.

• Key pivot point identified at $44.50; critical for momentum confirmation.
• Bullish continuation requires holding initial opening gains and building support above the gap.
• Bearish action if stock fails to hold initial morning high, triggering profit-taking.

Verdict

CONDITIONAL BUY THE OPEN / FADE THE GAP: If PRGS holds above $44.50 during the first 30 minutes, BUY THE OPEN. If it breaks and holds below $44.50, FADE THE GAP as sellers take over.
Understanding price behavior can give you an edge. See more.

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