The Progressive Corporation (PGR)

PGR Stock Forecast

Stock Price Forecast

The 13 analysts that cover PGR stock have a consensus rating of "Buy" and an average price target of $238.85, which forecasts a 17.90% increase in the stock price over the next year. The lowest target is $190 and the highest is $312.

Price Target: $238.85 (+17.90%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$190	$238.85	$223	$312
Change	-6.21%	+17.90%	+10.08%	+54.01%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	5	4	3	3	2	2
Buy	2	2	3	3	3	3
Hold	7	8	8	8	8	8
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joshua Shanker B of A Securities	B of A Securities	Strong Buy Maintains $298 → $312	Strong Buy	Maintains	$298 → $312	+54.01%	Apr 16, 2026
Michael Zaremski BMO Capital	BMO Capital	Hold Maintains $208 → $221	Hold	Maintains	$208 → $221	+9.09%	Apr 16, 2026
Elyse Greenspan Wells Fargo	Wells Fargo	Hold Maintains $215 → $218	Hold	Maintains	$215 → $218	+7.61%	Apr 16, 2026
Joshua Shanker B of A Securities	B of A Securities	Strong Buy Maintains $295 → $298	Strong Buy	Maintains	$295 → $298	+47.10%	Apr 14, 2026
Elyse Greenspan Wells Fargo	Wells Fargo	Hold Maintains $217 → $215	Hold	Maintains	$217 → $215	+6.13%	Apr 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

89.61B

Increased by 2.25%

from 87.64B

Revenue Next Year

96.18B

Increased by 7.33%

from 89.61B

EPS This Year

16.46

Decreased by -14.42%

from 19.23

EPS Next Year

16.39

Decreased by -0.39%

from 16.46

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	47.68B	49.59B	62.08B	75.34B	87.64B	89.61B	96.18B
Revenue Growth	11.82%	4.01%	25.20%	21.36%	16.32%	2.25%	7.33%
EPS	5.66	1.18	6.58	14.40	19.23	16.46	16.39
EPS Growth	-41.41%	-79.15%	457.63%	118.85%	33.54%	-14.42%	-0.39%
Forward PE	-	-	-	-	-	12.31	12.36
No. Analysts	-	-	-	-	-	26	25

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

Revenue Forecast

Revenue	2026	2027	2028
High	98.4B	106.1B
Avg	89.6B	96.2B
Low	84.0B	88.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.3%	18.4%
Avg	2.3%	7.3%
Low	-4.1%	-1.2%

EPS Forecast

EPS	2026	2027	2028	2029
High	19.90	19.27
Avg	16.46	16.39
Low	13.97	14.06

EPS Growth

EPS Growth	2026	2027	2028	2029
High	3.5%	17.1%
Avg	-14.4%	-0.4%
Low	-27.4%	-14.5%

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.