Progressive (PGR) Stock Forecast & Price Target

$240.18 -1.98 (-0.82%)

Closing price 10/10/2025 03:59 PM Eastern

Extended Trading

$238.70 -1.48 (-0.62%)

As of 10/10/2025 07:47 PM Eastern

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Progressive - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Hold

Based on 19 Analyst Ratings

Sell
0

Hold
12

Buy
7

Based on 19 Wall Street analysts who have issued ratings for Progressive in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 12 have given a hold rating, and 7 have given a buy rating for PGR.

Consensus Price Target

$279.63
16.42% Upside

According to the 19 analysts' twelve-month price targets for Progressive, the average price target is $279.63. The highest price target for PGR is $350.00, while the lowest price target for PGR is $237.00. The average price target represents a forecasted upside of 16.42% from the current price of $240.18.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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PGR Analyst Ratings Over Time

Type	Current Forecast 10/11/24 to 10/11/25	1 Month Ago 9/11/24 to 9/11/25	3 Months Ago 7/13/24 to 7/13/25	1 Year Ago 10/12/23 to 10/11/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	7 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)	12 Buy rating(s)
Hold	12 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$279.63	$284.82	$285.41	$260.53
Forecasted Upside	16.42% Upside	14.53% Upside	16.60% Upside	2.53% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy

PGR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PGR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Progressive Stock vs. The Competition

Type	Progressive	Finance Companies	S&P 500
Consensus Rating Score	2.37	2.31	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	16.42% Upside	126.91% Upside	177.76% Upside
News Sentiment Rating	Positive News See Recent PGR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/9/2025	JPMorgan Chase & Co. 2 of 5 stars	Jimmy Bhullar Not Rated	Boost Target	Overweight	$301.00 ➝ $303.00	+24.66%
10/8/2025	UBS Group 4 of 5 stars	Brian Meredith Not Rated	Lower Target	Neutral	$268.00 ➝ $261.00	+6.78%
10/8/2025	Barclays 3 of 5 stars	Alex Scott Not Rated	Set Target		$271.00	+11.17%
10/8/2025	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy (B)
10/8/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Elyse Greenspan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$265.00 ➝ $266.00	+8.92%
10/1/2025	Evercore ISI Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Motemaden Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	In-Line	$275.00 ➝ $273.00	+10.38%
9/29/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joshua Shanker Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$343.00 ➝ $350.00	+43.69%
9/22/2025	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bob Huang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$267.00 ➝ $265.00	+9.90%
9/18/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Zaremski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$252.00	+3.35%
9/18/2025	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Meyer Shields Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Market Perform	$268.00 ➝ $270.00	+10.74%
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9/15/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tracy Benguigui Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Outperform ➝ Peer Perform
8/29/2025	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Heimermann Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
8/13/2025	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
8/11/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Yaron Kinar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$309.00 ➝ $287.00	+16.43%
2/25/2025	Roth Mkm Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harry Fong Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$290.00 ➝ $315.00	+13.85%
12/26/2024	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	C. Peters Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$305.00	+25.39%
12/10/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	V. Gandhi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
12/10/2024	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold	$267.00	+7.72%
11/8/2024	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$197.00 ➝ $237.00	-9.48%
9/18/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	R. Cox Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$262.00 ➝ $280.00	+8.99%
8/15/2024	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Overweight	$250.00 ➝ $252.00	+7.64%
11/16/2023	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:07 PM ET.

Should I Buy Progressive Stock? PGR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 10, 2025. Please send any questions or comments about these Progressive pros and cons to contact@marketbeat.com.

Progressive
Bull Case

Here are some ways that investors could benefit from investing in The Progressive Co.:

The current stock price is around $350, reflecting a strong market position and investor confidence in the company's growth potential.
Institutional investors own a significant portion of the company, at approximately 85.34%, indicating strong support and trust from large financial entities.
Recent analyst upgrades, including a target price increase from Bank of America, suggest positive market sentiment and potential for stock appreciation.
The company has a low payout ratio of 2.25%, which indicates that it retains a large portion of its earnings for reinvestment, potentially leading to future growth.
Progressive's diverse range of insurance products, including personal and commercial auto insurance, positions it well to capture various market segments and respond to changing consumer needs.

Progressive
Bear Case

Investors should be bearish about investing in The Progressive Co. for these reasons:

Despite recent upgrades, the consensus rating remains a "Hold," which may indicate a lack of strong bullish sentiment among analysts.
Insider selling activity, with over 130,000 shares sold recently, could raise concerns about the confidence of company executives in the stock's future performance.
Some analysts have reduced their target prices, which may reflect caution regarding the company's near-term growth prospects.
The competitive landscape in the insurance industry is intense, and any shifts in market dynamics could impact The Progressive Co.'s market share and profitability.
With a significant portion of the stock held by institutional investors, any large sell-offs could lead to increased volatility in the stock price.

PGR Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Progressive is $279.63, with a high forecast of $350.00 and a low forecast of $237.00.
: 19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Progressive in the last twelve months. There are currently 12 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PGR, but not buy additional shares or sell existing shares.
: According to analysts, Progressive's stock has a predicted upside of 16.42% based on their 12-month stock forecasts.
: Over the previous 90 days, Progressive's stock had 2 downgrades and 1 upgrade by analysts.
: Progressive has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Cantor Fitzgerald, Citigroup, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, UBS Group, Weiss Ratings, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Progressive more than other "finance" companies. The consensus rating score for Progressive is 2.37 while the average consensus rating score for "finance" companies is 2.31. Learn more on how PGR compares to other companies.

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This page (NYSE:PGR) was last updated on 10/11/2025 by MarketBeat.com Staff

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Progressive (PGR) Stock Forecast & Price Target