The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
278.86
+4.19 (1.53%)
At close: Mar 28, 2025, 4:00 PM
278.38
-0.48 (-0.17%)
After-hours: Mar 28, 2025, 7:55 PM EDT

PGR Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for PGR stock have an average target of 280.25, with a low estimate of 225 and a high estimate of 317. The average target predicts an increase of 0.50% from the current stock price of 278.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $225 $280.25 $285 $317
Change -19.31% +0.50% +2.20% +13.68%

Analyst Ratings

The average analyst rating for PGR stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 444444
Buy 778888
Hold 554444
Sell 110000
Strong Sell 000000
Total 171716161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$294$300
Buy Maintains $294$300 +7.58% Mar 20, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$318$300
Strong Buy Maintains $318$300 +7.58% Mar 20, 2025
UBS
UBS
Hold
Maintains
$275$285
Hold Maintains $275$285 +2.20% Mar 14, 2025
Barclays
Barclays
Hold
Maintains
$264$285
Hold Maintains $264$285 +2.20% Mar 13, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$333$318
Strong Buy Maintains $333$318 +14.04% Mar 10, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
87.53B
from 75.34B
Increased by 16.18%
Revenue Next Year
97.86B
from 87.53B
Increased by 11.80%
EPS This Year
15.38
from 14.40
Increased by 6.78%
EPS Next Year
15.52
from 15.38
Increased by 0.93%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
42.64B47.68B49.59B62.08B75.34B87.53B97.86B108.14B
Revenue Growth
9.34%11.82%4.01%25.20%21.36%16.18%11.80%10.51%
EPS
9.665.661.186.5814.4015.3815.5217.14
EPS Growth
43.75%-41.41%-79.15%457.63%118.85%6.78%0.93%10.45%
Forward PE
-----18.1417.9716.27
No. Analysts -----232211
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 95.1B 106.6B 114.7B
Avg 87.5B 97.9B 108.1B
Low 79.0B 84.7B 99.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
26.3%
21.8%
17.2%
Avg
16.2%
11.8%
10.5%
Low
4.8%
-3.3%
1.7%

EPS Forecast

EPS 20252026202720282029
High 17.39 18.17 19.68
Avg 15.38 15.52 17.14
Low 13.82 13.87 15.29

EPS Growth

EPS Growth 20252026202720282029
High
20.7%
18.1%
26.8%
Avg
6.8%
0.9%
10.4%
Low
-4.0%
-9.8%
-1.5%
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.