The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
286.43
+2.51 (0.88%)
May 9, 2025, 11:02 AM - Market open

PGR Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for PGR stock have an average target of 286.31, with a low estimate of 225 and a high estimate of 328. The average target predicts a decrease of -0.04% from the current stock price of 286.43.

Analyst Consensus: Buy
Target Low Average Median High
Price $225 $286.31 $288 $328
Change -21.45% -0.04% +0.55% +14.51%

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 Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 444433
Buy 888877
Hold 444466
Sell 000000
Strong Sell 000000
Total 161616161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Buy
Maintains
$324$328
Buy Maintains $324$328 +14.51% May 7, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$310$320
Buy Maintains $310$320 +11.72% Apr 29, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$320$324
Buy Maintains $320$324 +13.12% Apr 17, 2025
BMO Capital
BMO Capital
Buy
Maintains
$282$288
Buy Maintains $282$288 +0.55% Apr 17, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Downgrades
$288
Hold Downgrades $288 +0.55% Apr 17, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
86.98B
from 75.34B
Increased by 15.45%
Revenue Next Year
96.78B
from 86.98B
Increased by 11.27%
EPS This Year
15.45
from 14.40
Increased by 7.31%
EPS Next Year
15.56
from 15.45
Increased by 0.70%
Fiscal Year FY 2021 FY 2022 FY 2023 FY null FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Mar 31, 2024 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
47.68B49.59B62.08B-75.34B86.98B96.78B105.89B
Revenue Growth
11.82%4.01%25.20%--15.45%11.27%9.41%
EPS
5.661.186.58-14.4015.4515.5617.32
EPS Growth
-41.41%-79.15%457.63%--7.31%0.70%11.33%
Forward PE
-----18.5418.4116.53
No. Analysts
-----232211
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 93.4B 105.5B 115.6B
Avg 87.0B 96.8B 105.9B
Low 79.5B 85.7B 96.8B

Revenue Growth

Revenue Growth 20252026202720282029
High
24.0%
21.2%
19.5%
Avg
15.4%
11.3%
9.4%
Low
5.6%
-1.5%
0.0%

EPS Forecast

EPS 20252026202720282029
High 16.85 18.13 19.98
Avg 15.45 15.56 17.32
Low 13.97 13.41 15.20

EPS Growth

EPS Growth 20252026202720282029
High
17.0%
17.4%
28.4%
Avg
7.3%
0.7%
11.3%
Low
-3.0%
-13.2%
-2.3%
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.