Progress Software Corporation (NASDAQ:PRGS) is one of the oversold tech stocks to invest in. On September 18, Progress Software Corporation announced a major expansion of its AI-powered developer capabilities in the Q3 2025 release of its leading developer toolsets, Progress Telerik and Progress Kendo UI. The company’s specialized AI Coding Assistants have now been extended across all major UI component libraries, reporting, and styling tools.
The expansion provides deep context to popular AI-powered Integrated Development Environments/IDEs and helps developers automate more and deliver faster. The extended availability of the Telerik and Kendo UI AI Coding Assistants now supports major UI component libraries, including ASP.NET Core, WPF, WinForms, .NET MAUI, and Angular. For the first time, this technology is also being applied to Telerik Reporting and Progress Document Processing.
These specialized assistants integrate deeply into existing IDE workflows, working inside popular solutions like GitHub Copilot, Claude Code, and Cursor. Their primary function is to deliver highly specialized, context-aware code that understands the intricacies of the Telerik and Kendo UI components, thereby promoting faster delivery without compromising quality.
Progress Software Corporation (NASDAQ:PRGS) develops, deploys, and manages AI-powered applications and digital experiences in the US and internationally.
While we acknowledge the potential of PRGS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.