12 Small Cap Stocks to Buy with Huge Upside Potential

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9. Progress Software Corporation (NASDAQ:PRGS)

Analyst Upside: 66.70%

Market Cap: $1.87 billion

Number of Hedge Fund Holders: 25

Progress Software Corporation (NASDAQ:PRGS) is one of the best small cap stocks to buy with huge upside potential. Progress Software Corporation (NASDAQ:PRGS) announced on December 16 its debut in The Forrester Wave™: Digital Experience Platforms, Q4 2025, as one of the included nine vendors. Management reported that the inclusion reflects the company’s growing influence in the digital experience platform (DXP) market, along with its commitment to deliver scalable, secure, dynamically generated, and personalized digital experiences through trusted AI. The Forrester report stated that:

“Progress is an ideal fit for midsize, multibrand organizations that manage dozens of microsites and portals for different audiences, such as banks, governments, manufacturers, and event producers.”

It further noted that “customers praise Progress for its ease of use, low-code flexibility, and ability to support multisite management and personalization across complex digital estates,” and that the company “made quick work of integrating its Nuclia acquisition into its platform, resulting in an excellent search capability.”

Powered by Progress® Agentic RAG, Progress Software Corporation (NASDAQ:PRGS) earned the highest possible score (5.0) in the Search criterion.

In another development,  Progress Software Corporation (NASDAQ:PRGS) announced on December 10 the Q4 2025 release of its leading developer toolsets Progress® Telerik® and Progress® Kendo UI®, with the release introducing Agentic AI as an active development partner via a Progress Agentic UI Generator. It also includes a robust set of new AI-driven features, which help organizations improve application quality, cut down development costs, and expedite time-to-market.

Progress Software Corporation (NASDAQ:PRGS) provides products and solutions that develop and deploy mission-critical business applications, including Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, and more.

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