The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
265.39
-9.74 (-3.54%)
At close: Apr 17, 2025, 4:00 PM
265.10
-0.29 (-0.11%)
After-hours: Apr 17, 2025, 4:20 PM EDT
PGR Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for PGR stock have an average target of 285.25, with a low estimate of 225 and a high estimate of 324. The average target predicts an increase of 7.48% from the current stock price of 265.39.
Analyst Consensus: Buy
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 7 | 8 | 8 | 8 | 8 | 7 |
| Hold | 5 | 4 | 4 | 4 | 4 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $320 → $324 | Buy | Maintains | $320 → $324 | +22.08% | Apr 17, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $282 → $288 | Buy | Maintains | $282 → $288 | +8.52% | Apr 17, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $288 | Buy → Hold | Downgrades | $288 | +8.52% | Apr 17, 2025 |
| B of A Securities | B of A Securities | Hold Maintains $289 → $297 | Hold | Maintains | $289 → $297 | +11.91% | Apr 17, 2025 |
| Barclays | Barclays | Hold Maintains $285 → $297 | Hold | Maintains | $285 → $297 | +11.91% | Apr 11, 2025 |
Financial Forecast
Revenue This Year
87.47B
from 78.51B
Increased by 11.42%
Revenue Next Year
96.06B
from 87.47B
Increased by 9.82%
EPS This Year
15.38
from 14.83
Increased by 3.68%
EPS Next Year
15.52
from 15.38
Increased by 0.93%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 99.4B | 103.3B | 115.2B | ||
| Avg | 87.5B | 96.1B | 106.4B | ||
| Low | 79.3B | 85.4B | 97.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 26.6% | 18.1% | 20.0% | ||
| Avg | 11.4% | 9.8% | 10.7% | ||
| Low | 1.0% | -2.3% | 1.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.2% | 18.1% | 26.8% | ||
| Avg | 3.7% | 0.9% | 10.4% | ||
| Low | -6.8% | -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.