The Progressive Corporation (PGR)

PGR Stock Forecast

Stock Price Forecast

The 13 analysts that cover PGR stock have a consensus rating of "Buy" and an average price target of $238.92, which forecasts a 20.16% increase in the stock price over the next year. The lowest target is $205 and the highest is $295.

Price Target: $238.92 (+20.16%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$205	$238.92	$227	$295
Change	+3.10%	+20.16%	+14.16%	+48.36%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	5	5	4	3	3	2
Buy	2	2	2	3	3	3
Hold	7	7	8	8	8	8
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joshua Shanker B of A Securities	B of A Securities	Strong Buy Maintains $305 → $295	Strong Buy	Maintains	$305 → $295	+48.36%	Mar 25, 2026
Andrew Andersen Jefferies	Jefferies	Hold Maintains $216 → $215	Hold	Maintains	$216 → $215	+8.13%	Mar 24, 2026
Brian Meredith UBS	UBS	Hold Maintains $218 → $220	Hold	Maintains	$218 → $220	+10.64%	Mar 23, 2026
Yaron Kinar Mizuho	Mizuho	Hold Maintains $235 → $223	Hold	Maintains	$235 → $223	+12.15%	Mar 20, 2026
Joshua Shanker B of A Securities	B of A Securities	Strong Buy Maintains $308 → $305	Strong Buy	Maintains	$308 → $305	+53.39%	Mar 19, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

90.58B

Increased by 3.35%

from 87.64B

Revenue Next Year

97.87B

Increased by 8.05%

from 90.58B

EPS This Year

16.27

Decreased by -15.38%

from 19.23

EPS Next Year

16.36

Increased by 0.56%

from 16.27

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	47.68B	49.59B	62.08B	75.34B	87.64B	90.58B	97.87B
Revenue Growth	11.82%	4.01%	25.20%	21.36%	16.32%	3.35%	8.05%
EPS	5.66	1.18	6.58	14.40	19.23	16.27	16.36
EPS Growth	-41.41%	-79.15%	457.63%	118.85%	33.54%	-15.38%	0.56%
Forward PE	-	-	-	-	-	12.22	12.15
No. Analysts	-	-	-	-	-	25	23

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	98.7B	107.1B
Avg	90.6B	97.9B
Low	84.3B	91.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.6%	18.2%
Avg	3.4%	8.1%
Low	-3.8%	0.8%

EPS Forecast

EPS	2026	2027	2028	2029
High	19.48	18.95
Avg	16.27	16.36
Low	13.12	13.87

EPS Growth

EPS Growth	2026	2027	2028	2029
High	1.3%	16.5%
Avg	-15.4%	0.6%
Low	-31.8%	-14.8%

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.