The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
220.18
+1.07 (0.49%)
Oct 20, 2026, 10:06 AM EDT - Market open

PGR Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, PGR stock has a consensus rating of "Hold" and an average price target of $230.38. The average 1-year stock price forecast is 4.63% higher than the current stock price, while the lowest is $196 (-10.98%) and the highest is $266 (+20.81%).

Price Target: $230.38 (+4.63%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$196$230.38$232$266
Change-10.98%+4.63%+5.37%+20.81%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy443444
Hold161416151615
Sell011100
Strong Sell121111
Total252525252524

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Reiterates
$234 → $238
HoldReiterates$234 → $238+8.09%Oct 19, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$210
HoldReiterates$210-4.62%Oct 16, 2026
Freedom Capital Markets
Freedom Capital Markets
Hold
Maintains
$206 → $226
HoldMaintains$206 → $226+2.64%Oct 15, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$235 → $233
BuyMaintains$235 → $233+5.82%Oct 15, 2026
Roth MKM
Roth MKM
Buy
Maintains
$245
BuyMaintains$245+11.27%Oct 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
87.26B
from 87.64B
Decreased by -0.43%
Revenue Next Year
91.89B
from 87.26B
Increased by 5.30%
EPS This Year
18.40
from 18.25
Increased by 0.87%
EPS Next Year
16.24
from 18.40
Decreased by -11.73%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
47.68B49.59B62.08B75.34B87.64B87.26B
Revenue Growth
11.82%4.01%25.20%21.36%16.32%-0.43%
Net Income
3.35B722.00M3.90B8.48B11.31B10.94B
EPS
----18.2518.40
EPS Growth
----29.64%0.87%
Forward PE
24.8721.4219.2917.1414.0311.96
Dividend / Share
0.400.400.400.400.409.96
Dividend Growth
-----2,388.75%
Free Cash Flow
-----15.15B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High87.5B
Avg87.3B
Low87.0B

Revenue Growth

Revenue Growth202620272028
High
-0.2%
Avg
-0.4%
Low
-0.7%

EPS Forecast

EPS202620272028
High19.46
Avg18.40
Low17.37

EPS Growth

EPS Growth202620272028
High
6.7%
Avg
0.9%
Low
-4.8%