Progress Software has announced a significant update to its Telerik® and Kendo UI® developer tool suites, headlined by the introduction of a new artificial intelligence feature. This launch marks a clear strategic pivot for the company, emphasizing its commitment to embedding advanced AI capabilities directly into its software development products.
Strategic Moves and Financial Performance
This product evolution is a key component of Progress Software’s broader strategy to integrate cutting-edge AI across its portfolio. The company bolstered this initiative with the acquisition of AI search provider Nuclia in July 2025. Financially, the firm recently demonstrated strength, reporting third-quarter 2025 earnings per share (EPS) of $1.50, surpassing analyst estimates of $1.30. Revenue for the quarter also exceeded expectations, coming in at $250 million.
The company’s shares closed the previous trading session at $44.33, a gain of 1.03 percent. The current price sits below its 200-day moving average of $51.13 and remains closer to its 52-week low of $39.00 than its high of $69.88.
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Inside the New AI Capabilities
The centerpiece of the release is the Agentic UI Generator, a function designed to accelerate enterprise application development. It allows developers to construct complete user interfaces using simple text commands, acting as an autonomous assistant within the development environment. Early adopters utilizing the tools for Blazor, React, and Angular frameworks report cutting their development cycle time by approximately 50 percent.
Beyond this, the update introduces twelve new component-level AI coding assistants, which are projected to boost developer productivity by at least 30 percent. New AI-integrated UI components, including an inline AI prompt and a prompt-driven data grid, facilitate natural language interaction within applications. Progress has also added immediate support for the latest versions of .NET 10 and Angular 21. Furthermore, AI features have been incorporated into the Fiddler™ Everywhere debugging tool to streamline the troubleshooting process.
Market Outlook and Upcoming Catalysts
Analyst sentiment on Progress Software shares has averaged a “Moderate Buy” rating over the past twelve months, based on the views of six market researchers. The average price target among them stands at $68.00. The introduction of these new AI-driven products is viewed as a potential catalyst to reinvigorate investor interest. The company is scheduled to report its fourth-quarter 2025 financial results around January 20, 2026.
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