The Progressive Corporation (PGR)

PGR Stock Forecast

Stock Price Forecast

The 14 analysts that cover PGR stock have a consensus rating of "Buy" and an average price target of $272.81, which forecasts a 22.83% increase in the stock price over the next year. The lowest target is $214 and the highest is $351.

Price Target: $272.81 (+22.83%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$214	$272.81	$265	$351
Change	-3.65%	+22.83%	+19.32%	+58.04%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	3	3	4	4	4	4
Buy	7	7	5	4	2	2
Hold	6	6	6	6	9	8
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	16	16	15	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alex Scott Barclays	Barclays	Hold Maintains $271 → $257	Hold	Maintains	$271 → $257	+15.71%	Oct 20, 2025
Bob Huang Morgan Stanley	Morgan Stanley	Hold → Sell Downgrades $265 → $214	Hold → Sell	Downgrades	$265 → $214	-3.65%	Oct 20, 2025
C. Gregory Peters Raymond James	Raymond James	Buy Maintains $305 → $265	Buy	Maintains	$305 → $265	+19.32%	Oct 17, 2025
Meyer Shields Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $270 → $262	Hold	Maintains	$270 → $262	+17.96%	Oct 16, 2025
Michael Zaremski BMO Capital	BMO Capital	Hold Maintains $252 → $247	Hold	Maintains	$252 → $247	+11.21%	Oct 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

85.43B

Increased by 13.39%

from 75.34B

Revenue Next Year

93.81B

Increased by 9.80%

from 85.43B

EPS This Year

18.30

Increased by 27.11%

from 14.40

EPS Next Year

16.71

Decreased by -8.72%

from 18.30

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	42.64B	47.68B	49.59B	62.08B	75.34B	85.43B	93.81B
Revenue Growth	9.34%	11.82%	4.01%	25.20%	21.36%	13.39%	9.80%
EPS	9.66	5.66	1.18	6.58	14.40	18.30	16.71
EPS Growth	43.75%	-41.41%	-79.15%	457.63%	118.85%	27.11%	-8.72%
Forward PE	-	-	-	-	-	12.13	13.29
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2025	2026	2027
High	93.2B	101.4B
Avg	85.4B	93.8B
Low	79.5B	85.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	23.6%	18.6%
Avg	13.4%	9.8%
Low	5.5%	0.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	20.16	19.58
Avg	18.30	16.71
Low	15.93	12.86

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	40.0%	7.0%
Avg	27.1%	-8.7%
Low	10.7%	-29.8%

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.