The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
190.40
-4.11 (-2.11%)
At close: May 29, 2026, 4:00 PM EDT
190.70
+0.30 (0.16%)
After-hours: May 29, 2026, 5:15 PM EDT
PGR Stock Forecast
Stock Price Forecast
According to 25 analysts polled by S&P Global, PGR stock has a consensus rating of "Hold" and an average price target of $230.71. The average 1-year stock price forecast is 21.17% higher than the current stock price, while the lowest is $190 (-0.21%) and the highest is $320 (+68.07%).
Price Target: $230.71 (+21.17%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PGR stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 14 | 15 | 15 | 16 | 16 | 16 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 24 | 24 | 24 | 25 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 27, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $242 | Buy | Maintains | $242 | +27.10% | May 26, 2026 |
| BMO Capital | BMO Capital | Hold Maintains $221 → $220 | Hold | Maintains | $221 → $220 | +15.55% | May 21, 2026 |
| Wells Fargo | Wells Fargo | Hold Reiterates $218 → $222 | Hold | Reiterates | $218 → $222 | +16.60% | May 21, 2026 |
| Barclays | Barclays | Buy Maintains $247 | Buy | Maintains | $247 | +29.73% | May 21, 2026 |
Financial Forecast
Revenue This Year
89.76B
from 87.64B
Increased by 2.42%
Revenue Next Year
96.26B
from 89.76B
Increased by 7.25%
EPS This Year
16.50
from 19.23
Decreased by -14.19%
EPS Next Year
16.41
from 16.50
Decreased by -0.58%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 99.5B | 107.9B | |
| Avg | 89.8B | 96.3B | |
| Low | 84.9B | 89.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 13.5% | 20.2% | |
| Avg | 2.4% | 7.2% | |
| Low | -3.1% | -0.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 19.72 | 19.32 | |||
| Avg | 16.50 | 16.41 | |||
| Low | 14.03 | 14.16 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.5% | 17.1% | |||
| Avg | -14.2% | -0.6% | |||
| Low | -27.0% | -14.2% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.