Progressive (PGR) Stock Forecast & Price Target

$231.55 -0.67 (-0.29%)

Closing price 03:59 PM Eastern

Extended Trading

$232.00 +0.45 (+0.19%)

As of 07:02 PM Eastern

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Progressive - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 22 Analyst Ratings

Sell
3

Hold
13

Buy
6

Based on 22 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 22 analysts, 3 have given a sell rating, 13 have given a hold rating, and 6 have given a buy rating for PGR.

Consensus Price Target

$235.37
1.65% Upside

According to the 22 analysts' twelve-month price targets for Progressive, the average price target is $235.37. The highest price target for PGR is $313.00, while the lowest price target for PGR is $190.00. The average price target represents a forecasted upside of 1.65% from the current price of $231.55.

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 7/6/25 to 7/6/26	1 Month Ago 6/6/25 to 6/6/26	3 Months Ago 4/7/25 to 4/7/26	1 Year Ago 7/6/24 to 7/6/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	11 Buy rating(s)
Hold	13 Hold rating(s)	14 Hold rating(s)	14 Hold rating(s)	6 Hold rating(s)
Sell	3 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$235.37	$238.11	$237.44	$288.88
Forecasted Upside	1.65% Upside	16.56% Upside	20.82% Upside	10.98% Upside
Consensus Rating	Hold	Hold	Hold	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	Broader Market
Consensus Rating Score	2.14	2.31	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	1.96% Upside	27.14% Upside	13.30% 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

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/6/2026	HSBC 3 of 5 stars	Vikram Gandhi Not Rated	Boost Target	Hold	$214.00 ➝ $221.00	-4.64%
6/30/2026	UBS Group 4 of 5 stars	Brian Meredith 2 of 5 stars	Boost Target	Neutral	$220.00 ➝ $230.00	+4.41%
6/29/2026	Wells Fargo & Company 3 of 5 stars	Elyse Greenspan 3 of 5 stars	Downgrade	Equal Weight ➝ Underweight	$205.00	-8.53%
6/18/2026	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	$208.00 ➝ $210.00	+3.54%
6/18/2026	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	Lower Target	Buy	$331.00 ➝ $313.00	+52.96%
5/22/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$208.00	+4.88%
5/20/2026	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	Reiterated Rating	Market Perform	$220.00	+8.62%
5/6/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Hold (C+) ➝ Hold (C)
3/31/2026	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	Underweight	$205.00 ➝ $190.00	-4.17%
3/24/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Andersen Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$216.00 ➝ $215.00	+3.50%
Get the Latest News and Ratings for PGR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Progressive and its competitors with MarketBeat's FREE daily newsletter.
3/20/2026	Mizuho 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	Neutral	$235.00 ➝ $223.00	+8.07%
3/18/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alex Scott Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$247.00	+21.78%
3/18/2026	Evercore 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	Reiterated Rating	Negative
3/5/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
3/2/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Paul Newsome Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$259.00	+21.90%
2/24/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
2/23/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alex Scott Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$225.00	+10.55%
2/19/2026	Roth Mkm Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$235.00	+16.55%
2/3/2026	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	Lower Target	Buy	$300.60 ➝ $261.00	+29.77%
1/7/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jimmy Bhullar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$303.00 ➝ $275.00	+28.75%
12/18/2025	William Blair Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
10/17/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	C. Gregory Peters Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$305.00 ➝ $265.00	+18.62%
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
8/13/2025	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:14 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 Sunday, July 5, 2026. 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 Progressive Co. recently reported strong quarterly earnings, with earnings per share exceeding expectations, indicating robust financial performance.
The company has a solid return on equity, showcasing its efficiency in generating profits from shareholders' investments.
The current stock price is around $230, which reflects a stable valuation in the insurance sector.
Analysts forecast a positive outlook for the company, with expected earnings per share growth for the current fiscal year, suggesting potential for future profitability.
The Progressive Co. has a consistent dividend payout, providing a steady income stream for investors, which is particularly appealing in uncertain market conditions.

Progressive
Bear Case

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

Despite recent earnings growth, the company's revenue fell short of analyst estimates, raising concerns about its ability to meet future expectations.
Some analysts have downgraded their ratings on the stock, indicating a lack of confidence in its short-term performance.
The dividend yield is relatively low, which may not attract income-focused investors looking for higher returns.
The insurance industry faces increasing competition, which could pressure profit margins and impact The Progressive Co.'s market position.
Market volatility and economic uncertainties could adversely affect the company's growth prospects and stock performance.

PGR Forecast - Frequently Asked Questions

According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Progressive is $235.37, with a high forecast of $313.00 and a low forecast of $190.00.

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Progressive in the last twelve months. There are currently 3 sell ratings, 13 hold ratings and 6 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 1.65% based on their 12-month stock forecasts.

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

Progressive has been rated by research analysts at Bank of America, BMO Capital Markets, HSBC, Keefe, Bruyette & Woods, Royal Bank Of Canada, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Progressive less than other "finance" companies. The consensus rating score for Progressive is 2.14 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 7/6/2026 by MarketBeat.com Staff.

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Progressive (PGR) Stock Forecast & Price Target

Progressive - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

PGR Analyst Ratings Over Time

PGR Analyst Recommendations By Month

PGR Price Targets by Month

Progressive Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Progressive Stock? PGR Pros and Cons Explained

Progressive
Bull Case

Progressive
Bear Case

PGR Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Progressive Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

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Progressive (PGR) Stock Forecast & Price Target

Progressive - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

PGR Analyst Ratings Over Time

PGR Analyst Recommendations By Month

PGR Price Targets by Month

Progressive Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Progressive Stock? PGR Pros and Cons Explained

Progressive Bull Case

Progressive Bear Case

PGR Forecast - Frequently Asked Questions

What is Progressive's forecast for 2026?

Should I buy or sell Progressive stock right now?

Does Progressive's stock price have much upside?

Has Progressive been downgraded by Wall Street analysts recently?

What analysts cover Progressive?

Do Wall Street analysts like Progressive more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Progressive Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Progressive
Bull Case

Progressive
Bear Case