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Progressive (PGR) Stock Forecast & Price Target

Progressive logo
$247.03 +0.92 (+0.38%)
Closing price 08/29/2025 03:59 PM Eastern
Extended Trading
$247.22 +0.19 (+0.08%)
As of 08/29/2025 07:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

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

Consensus Rating

Sell
0
Hold
9
Buy
9

Based on 18 Wall Street analysts who have issued ratings for Progressive in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 9 have given a hold rating, and 9 have given a buy rating for PGR.

Consensus Price Target

$284.18
15.04% Upside
According to the 18 analysts' twelve-month price targets for Progressive, the average price target is $284.18. The highest price target for PGR is $336.00, while the lowest price target for PGR is $237.00. The average price target represents a forecasted upside of 15.04% from the current price of $247.03.
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

TypeCurrent Forecast
8/30/24 to 8/30/25
1 Month Ago
7/31/24 to 7/31/25
3 Months Ago
6/1/24 to 6/1/25
1 Year Ago
8/31/23 to 8/30/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
11 Buy rating(s)
12 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$284.18$286.88$288.59$234.41
Forecasted Upside15.04% Upside18.60% Upside1.32% Upside-7.05% Downside
Consensus Rating
Moderate Buy
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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Progressive Stock vs. The Competition

TypeProgressiveFinance CompaniesS&P 500
Consensus Rating Score
2.50
2.53
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside15.04% Upside17.83% Upside10.23% Upside
News Sentiment Rating
Positive News

See Recent PGR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/29/2025Citigroup
2 of 5 stars
Matthew Heimermann
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Reiterated RatingBuy ➝ Buy
8/22/2025Morgan Stanley
3 of 5 stars
Bob Huang
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Boost TargetEqual Weight ➝ Equal Weight$265.00 ➝ $267.00+7.11%
8/21/2025Wells Fargo & Company
3 of 5 stars
Elyse Greenspan
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Lower TargetOverweight ➝ Overweight$330.00 ➝ $327.00+31.07%
8/21/2025BMO Capital Markets
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Michael Zaremski
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Lower TargetOutperform ➝ Outperform$281.00 ➝ $279.00+11.03%
8/19/2025Barclays
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Alex Scott
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Lower TargetEqual Weight ➝ Equal Weight$287.00 ➝ $281.00+13.74%
8/13/2025Cantor Fitzgerald
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 UpgradeHold
8/11/2025Jefferies Financial Group
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Yaron Kinar
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Lower TargetBuy ➝ Buy$309.00 ➝ $287.00+16.43%
7/21/2025UBS Group
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Brian Meredith
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Lower TargetNeutral ➝ Neutral$280.00 ➝ $268.00+8.85%
7/17/2025Bank of America
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Joshua Shanker
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Lower TargetBuy ➝ Buy$337.00 ➝ $336.00+36.40%
7/17/2025Keefe, Bruyette & Woods
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Meyer Shields
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Lower TargetMarket Perform ➝ Market Perform$290.00 ➝ $268.00+8.80%
7/17/2025Evercore ISI
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David Motemaden
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DowngradeOutperform ➝ In-Line$275.00+11.64%
4/8/2025JPMorgan Chase & Co.
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Jimmy Bhullar
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Boost TargetOverweight ➝ Overweight$267.00 ➝ $287.00+7.79%
2/25/2025Roth Mkm
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Harry Fong
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Boost TargetBuy ➝ Buy$290.00 ➝ $315.00+13.85%
12/26/2024Raymond James Financial
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C. Peters
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UpgradeMarket Perform ➝ Outperform$305.00+25.39%
12/10/2024Hsbc Global Res
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V. Gandhi
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DowngradeStrong-Buy ➝ Hold
12/10/2024HSBC
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 DowngradeBuy ➝ Hold$267.00+7.72%
11/8/2024TD Cowen
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 Boost TargetHold ➝ Hold$197.00 ➝ $237.00-9.48%
9/18/2024The Goldman Sachs Group
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R. Cox
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Boost TargetBuy ➝ Buy$262.00 ➝ $280.00+8.99%
8/15/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$250.00 ➝ $252.00+7.64%
11/16/2023Oppenheimer
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 Initiated CoverageMarket Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:46 AM 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, August 29, 2025. Please send any questions or comments about these Progressive pros and cons to contact@marketbeat.com.

Progressive
Bull Case

green Wall Street bull icon

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

  • The Progressive Co. reported a strong earnings per share (EPS) of $4.88 for the latest quarter, exceeding analysts' expectations, which indicates robust financial performance and potential for future growth.
  • The company has shown a significant year-over-year revenue increase of 12.1%, suggesting strong demand for its insurance products and effective business strategies.
  • With a return on equity of 35.37%, The Progressive Co. demonstrates efficient use of shareholders' equity to generate profits, which is attractive to investors looking for high returns.
  • The current stock price is around $284, which is considered reasonable given the company's strong financial metrics and growth potential, making it an appealing investment opportunity.
  • The Progressive Co. has a solid dividend payout ratio of 2.25%, providing investors with a steady income stream, which is particularly appealing in uncertain market conditions.

Progressive
Bear Case

red Wall Street bear icon

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

  • Despite strong earnings, the company's revenue fell short of consensus estimates, which may raise concerns about its ability to meet future growth expectations.
  • Insider selling has been observed, with a total of 108,351 shares sold recently, which could signal a lack of confidence in the company's short-term prospects.
  • Analysts have issued mixed ratings, with some lowering their price targets, indicating uncertainty about the stock's future performance.
  • The dividend yield is relatively low at 0.2%, which may not be attractive for income-focused investors compared to other investment opportunities.
  • Institutional investors hold a significant portion of the stock (85.34%), which could lead to volatility if large investors decide to sell their positions.

PGR Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Progressive is $284.18, with a high forecast of $336.00 and a low forecast of $237.00.

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Progressive in the last year. There are currently 9 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PGR shares.

According to analysts, Progressive's stock has a predicted upside of 15.04% based on their 12-month stock forecasts.

Over the previous 90 days, Progressive's stock had 2 downgrades and 1 upgrade by analysts.

Analysts like Progressive less than other "finance" companies. The consensus rating score for Progressive is 2.50 while the average consensus rating score for "finance" companies is 2.53. Learn more on how PGR compares to other companies.


This page (NYSE:PGR) was last updated on 8/30/2025 by MarketBeat.com Staff
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