PROGRESSIVE CORP (PGR) Forecast, Price Target & Analyst Ratings

NYSE:PGR • US7433151039

Current stock price

196.38 USD
+1.13 (+0.58%)
At close:
196.38 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PROGRESSIVE CORP (PGR).

Forecast Snapshot

Consensus Price Target

Price Target
$236.07
+ 20.21% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
$4.87
Revenue Estimate
23.135B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
70.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$236.07
Upside
+ 20.21%
From current price of $196.38 to mean target of $236.07, Based on 30 analyst forecasts
Low
$191.21
Median
$229.50
High
$320.25

Price Target Revisions

1 Month
-2.31%
3 Months
-9.62%

Price Target Summary

30 Wall Street analysts provided a forecast for the next 12 months for PGR. The average price target is 236.07 USD. This implies a price increase of 20.21% is expected in the next year compared to the current price of 196.38.
The average price target has been revised downward by 9.62% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PGR Current Analyst RatingPGR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

PGR Historical Analyst RatingsPGR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
70.00%
PGR was analyzed by 30 analysts. The buy percentage consensus is at 70. So analysts seem to be have mildly positive about PGR.
In the previous month the buy percentage consensus was at a similar level.
PGR was analyzed by 30 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-31Morgan StanleyMaintains Underweight -> Underweight
2026-03-25B of A SecuritiesMaintains Buy -> Buy
2026-03-24JefferiesMaintains Hold -> Hold
2026-03-23UBSMaintains Neutral -> Neutral
2026-03-20MizuhoMaintains Neutral -> Neutral
2026-03-19Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-03-19Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-03-19B of A SecuritiesMaintains Buy -> Buy
2026-03-11BMO CapitalMaintains Market Perform -> Market Perform
2026-03-10B of A SecuritiesMaintains Buy -> Buy
2026-02-23UBSMaintains Neutral -> Neutral
2026-02-19Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-02-19Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-02-19Evercore ISI GroupMaintains In-Line -> In-Line
2026-02-04CitigroupMaintains Buy -> Buy
2026-01-30Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2026-01-29BMO CapitalMaintains Market Perform -> Market Perform
2026-01-29Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-01-29Morgan StanleyMaintains Underweight -> Underweight
2026-01-15BMO CapitalMaintains Market Perform -> Market Perform
2026-01-13Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-01-08BarclaysUpgrade Equal-Weight -> Overweight
2026-01-07Evercore ISI GroupMaintains In-Line -> In-Line
2026-01-07JP MorganMaintains Overweight -> Overweight
2026-01-06Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
$4.87
Revenue Estimate
23.135B
Revenue Q2Q
4.18%
EPS Q2Q
4.63%
Number of Analysts
23

Next Earnings Revisions

Revenue (1 Month)
-1.42%
Revenue (3 Months)
-3.21%
EPS (1 Month)
4.11%
EPS (3 Months)
9.00%

Next Earnings Summary

PGR is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 4.87 USD and the consensus revenue estimate is 23.14B USD.
The next earnings revenue estimate has been revised downward by 3.21% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2029

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029
Revenue
YoY % growth
PGR revenue by date.PGR revenue by date.
62.082B
25.20%		75.343B
21.36%		87.637B
16.32%		89.38B
1.99%		96.062B
7.48%		99.824B
3.92%		125.468B
25.69%
EBITDA
YoY % growth
PGR ebitda by date.PGR ebitda by date.
5.472B
216.84%		11.276B
106.07%		14.814B
31.38%		N/AN/AN/AN/A
EBIT
YoY % growth
PGR ebit by date.PGR ebit by date.
5.172B
271.99%		10.992B
112.52%		14.501B
31.92%		9.815B
-32.32%		9.892B
0.78%		11.763B
18.91%		N/A
Operating Margin
PGR operating margin by date.PGR operating margin by date.
8.33%14.59%16.55%10.98%10.30%11.78%N/A
EPS
YoY % growth
PGR eps by date.PGR eps by date.
6.11
46.17%		14.05
129.95%		18.25
29.89%		16.27
-10.83%		16.36
0.56%		16.13
-1.44%		16.38
1.57%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		4.87
4.63%		3.78
-22.56%		3.55
-12.35%		4.20
-10.14%		4.43
-9.00%		3.76
-0.42%		3.57
0.64%		4.33
3.27%		4.53
2.22%		3.59
-4.68%		3.40
-4.91%		4.28
-1.13%
Revenue
Q2Q % growth		23.135B
4.18%		21.855B
8.86%		23.203B
8.51%		21.869B
12.10%		25.055B
8.30%		23.562B
7.81%		25.187B
8.55%		23.559B
7.73%		26.551B
5.97%		24.321B
3.22%		25.837B
2.58%		23.541B
-0.08%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		2.775B
-16.06%		2.143B
-47.10%		2.176B
-35.87%		2.46B
-34.42%		2.927B
5.48%		2.172B
1.35%		2.408B
10.66%		2.72B
10.57%		N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PGR Yearly Revenue VS EstimatesPGR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B 80B 100B
PGR Yearly EPS VS EstimatesPGR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-4.04%
EPS Next 5 Year
-2.66%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.63%
Revenue Next 5 Year
10.32%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PROGRESSIVE CORP / PGR Forecast FAQ

Can you provide the average price target for PROGRESSIVE CORP stock?

30 analysts have analysed PGR and the average price target is 236.07 USD. This implies a price increase of 20.21% is expected in the next year compared to the current price of 196.38.

When does PROGRESSIVE CORP (PGR) report earnings?

PROGRESSIVE CORP (PGR) will report earnings on 2026-05-04, before the market open.

What are the consensus estimates for PROGRESSIVE CORP (PGR) next earnings?

The consensus EPS estimate for the next earnings of PROGRESSIVE CORP (PGR) is 4.87 USD and the consensus revenue estimate is 23.14B USD.

Can you provide the consensus rating for PROGRESSIVE CORP stock?

The consensus rating for PROGRESSIVE CORP (PGR) is 70 / 100 . This indicates that analysts generally have a neutral outlook on the stock.