The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
247.15
-3.80 (-1.51%)
At close: Aug 15, 2025, 4:00 PM
247.99
+0.84 (0.34%)
After-hours: Aug 15, 2025, 7:59 PM EDT
PGR Stock Forecast
Stock Price Forecast
According to 15 professional analysts, the 12-month price target for PGR stock ranges from a low of $237 to a high of $336. The average analyst price target of $287.2 forecasts a 16.20% increase in the stock price over the next year.
Price Target: $287.20 (+16.20%)
Analyst Consensus: Buy
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 4 | 4 |
| Buy | 8 | 7 | 7 | 7 | 5 | 5 |
| Hold | 4 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Initiates $312 | Strong Buy | Initiates | $312 | +26.24% | Aug 13, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $275 → $265 | Hold | Maintains | $275 → $265 | +7.22% | Aug 11, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $309 → $287 | Strong Buy | Maintains | $309 → $287 | +16.12% | Aug 11, 2025 |
| UBS | UBS | Hold Maintains $280 → $268 | Hold | Maintains | $280 → $268 | +8.44% | Jul 21, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $280 → $275 | Hold | Maintains | $280 → $275 | +11.27% | Jul 18, 2025 |
Financial Forecast
Revenue This Year
85.98B
from 75.34B
Increased by 14.11%
Revenue Next Year
95.06B
from 85.98B
Increased by 10.57%
EPS This Year
16.72
from 14.40
Increased by 16.08%
EPS Next Year
16.06
from 16.72
Decreased by -3.90%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 93.5B | 102.6B | 115.2B | ||
| Avg | 86.0B | 95.1B | 103.8B | ||
| Low | 79.5B | 85.8B | 92.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 24.0% | 19.4% | 21.2% | ||
| Avg | 14.1% | 10.6% | 9.2% | ||
| Low | 5.5% | -0.3% | -3.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.98 | 19.06 | 18.95 | ||
| Avg | 16.72 | 16.06 | 17.19 | ||
| Low | 14.92 | 13.24 | 14.70 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 31.8% | 14.0% | 18.0% | ||
| Avg | 16.1% | -3.9% | 7.0% | ||
| Low | 3.6% | -20.8% | -8.5% |
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.