10 Best Beaten Down Technology Stocks to Buy According to Analysts

3. Progress Software Corporation (NASDAQ:PRGS)

Year to Date Performance: -32.11%

Stock Upside Potential: 60.04%

Number of Hedge Fund Holders: 24

Progress Software Corporation (NASDAQ:PRGS) is one of the best beaten-down technology stocks to buy, according to analysts. On September 23, the company unveiled Progress Flowmon ADS 12.5, an advanced AI-powered detection system.

The new system is designed to accelerate threat detection and streamline incident response while also providing deeper visibility into network activity. Flowmon ADS 12.5 is equipped to address network traffic and alert fatigue issues as well as sophisticated attacks.

It also introduces curated threat intelligence briefings that provide timely insights into emerging vulnerabilities and attack campaigns. Flowmon ADS also introduces step-by-step responses for simplifying incident handling.

“Flowmon ADS 12.5 delivers actionable intelligence and automation that empower teams of any size to stay ahead of threats and compliance demands. It’s about building resilient, future-ready security postures in an ever-changing threat landscape,” said Sundar Subramanian, EVP and General Manager, Infrastructure Management, Progress Software.

Progress Software Corporation (NASDAQ:PRGS) provides software and services that help businesses develop, deploy, and manage applications and digital experiences, specializing in areas like application development, enterprise integration, data management, infrastructure management, and AI-powered solutions.