The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
266.19
-1.48 (-0.55%)
Feb 21, 2025, 4:00 PM EST - Market closed

PGR Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for PGR stock have an average target of 275, with a low estimate of 218 and a high estimate of 335. The average target predicts an increase of 3.31% from the current stock price of 266.19.

Analyst Consensus: Buy
Target Low Average Median High
Price $218 $275 $285 $335
Change -18.10% +3.31% +7.07% +25.85%

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 544444
Buy 777888
Hold 455444
Sell 211000
Strong Sell 000000
Total 181717161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Buy
Maintains
$313$317
Buy Maintains $313$317 +19.09% Feb 20, 2025
Barclays
Barclays
Hold
Maintains
$261$264
Hold Maintains $261$264 -0.82% Feb 18, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$300$307
Buy Maintains $300$307 +15.33% Jan 31, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$302$313
Buy Maintains $302$313 +17.59% Jan 30, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$310$300
Buy Maintains $310$300 +12.70% Jan 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
87.59B
Revenue Next Year
97.18B
from 87.59B
Increased by 10.95%
EPS This Year
14.39
from 14.40
Decreased by -0.07%
EPS Next Year
15.52
from 14.39
Increased by 7.82%
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
-----87.59B97.18B107.00B
Revenue Growth
9.33%11.82%4.01%25.20%21.36%-10.95%10.11%
EPS
9.665.661.186.5814.4014.3915.5216.66
EPS Growth
43.75%-41.41%-79.15%457.63%118.84%-0.07%7.82%7.38%
Forward PE
-----18.5017.1615.98
No. Analysts -----23218
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 94.7B 107.5B 114.9B
Avg 87.6B 97.2B 107.0B
Low 79.0B 84.7B 99.5B

Revenue Growth

Revenue Growth 202520262027
High -
22.7%
18.3%
Avg -
10.9%
10.1%
Low -
-3.3%
2.4%

EPS Forecast

EPS 2025202620272028
High 16.00 21.58 18.92
Avg 14.39 15.52 16.66
Low 12.86 13.48 14.82

EPS Growth

EPS Growth 2025202620272028
High
11.1%
49.9%
21.9%
Avg
-0.1%
7.8%
7.4%
Low
-10.7%
-6.4%
-4.5%
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.