The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
260.33
-5.44 (-2.05%)
At close: Jun 18, 2025, 4:00 PM
260.32
-0.01 (0.00%)
After-hours: Jun 18, 2025, 7:50 PM EDT

PGR Stock Forecast

Stock Price Forecast

The 16 analysts that cover PGR stock have a consensus rating of "Buy" and an average price target of $287.31, which forecasts a 10.36% increase in the stock price over the next year. The lowest target is $225 and the highest is $330.

Price Target: $287.31 (+10.36%)
Analyst Consensus: Buy
Target Low Average Median High
Price $225 $287.31 $291 $330
Change -13.57% +10.36% +11.78% +26.76%

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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 444333
Buy 888777
Hold 444666
Sell 000000
Strong Sell 000000
Total 161616161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$285$291
Hold Maintains $285$291 +11.78% May 28, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$320$330
Buy Maintains $320$330 +26.76% May 19, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$324$328
Buy Maintains $324$328 +25.99% May 7, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$310$320
Buy Maintains $310$320 +22.92% Apr 29, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$320$324
Buy Maintains $320$324 +24.46% Apr 17, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
86.80B
from 75.34B
Increased by 15.21%
Revenue Next Year
96.34B
from 86.80B
Increased by 10.99%
EPS This Year
15.65
from 14.40
Increased by 8.71%
EPS Next Year
15.68
from 15.65
Increased by 0.14%
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
42.64B47.68B49.59B62.08B75.34B86.80B96.34B104.22B
Revenue Growth
9.34%11.82%4.01%25.20%21.36%15.21%10.99%8.18%
EPS
9.665.661.186.5814.4015.6515.6817.57
EPS Growth
43.75%-41.41%-79.15%457.63%118.85%8.71%0.14%12.08%
Forward PE
-----16.6316.6114.82
No. Analysts
-----232212
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 93.9B 104.0B 115.2B
Avg 86.8B 96.3B 104.2B
Low 79.5B 85.7B 98.3B

Revenue Growth

Revenue Growth 20252026202720282029
High
24.7%
19.8%
19.6%
Avg
15.2%
11.0%
8.2%
Low
5.6%
-1.3%
2.1%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.