The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
283.86
+6.56 (2.37%)
May 30, 2025, 3:13 PM - Market open
PGR Stock Forecast
Stock Price Forecast
According to 16 professional analysts, the 12-month price target for PGR stock ranges from a low of $225 to a high of $330. The average analyst price target of $287.31 forecasts a 1.22% increase in the stock price over the next year.
Price Target: $287.31 (+1.22%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PGR stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 8 | 8 | 8 | 8 | 7 | 7 |
| Hold | 4 | 4 | 4 | 4 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $285 → $291 | Hold | Maintains | $285 → $291 | +2.52% | May 28, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $320 → $330 | Buy | Maintains | $320 → $330 | +16.25% | May 19, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $324 → $328 | Buy | Maintains | $324 → $328 | +15.55% | May 7, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $310 → $320 | Buy | Maintains | $310 → $320 | +12.73% | Apr 29, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $320 → $324 | Buy | Maintains | $320 → $324 | +14.14% | Apr 17, 2025 |
Financial Forecast
Revenue This Year
87.05B
from 75.34B
Increased by 15.54%
Revenue Next Year
96.61B
from 87.05B
Increased by 10.97%
EPS This Year
15.65
from 14.40
Increased by 8.71%
EPS Next Year
15.68
from 15.65
Increased by 0.14%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 94.4B | 105.5B | 115.7B | ||
| Avg | 87.1B | 96.6B | 105.7B | ||
| Low | 79.5B | 85.7B | 96.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 25.3% | 21.2% | 19.7% | ||
| Avg | 15.5% | 11.0% | 9.4% | ||
| Low | 5.6% | -1.6% | 0.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.85 | 18.86 | 20.76 | ||
| Avg | 15.65 | 15.68 | 17.57 | ||
| Low | 14.02 | 13.42 | 14.90 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.0% | 20.5% | 32.4% | ||
| Avg | 8.7% | 0.1% | 12.1% | ||
| Low | -2.6% | -14.3% | -5.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.