Progressive (PGR) Stock Forecast & Price Target

$245.33 -0.32 (-0.13%)

Closing price 03:59 PM Eastern

Extended Trading

$243.73 -1.60 (-0.65%)

As of 05:02 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
10

Buy
9

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, 10 have given a hold rating, and 9 have given a buy rating for PGR.

Consensus Price Target

$284.82
16.10% Upside

According to the 19 analysts' twelve-month price targets for Progressive, the average price target is $284.82. The highest price target for PGR is $347.00, while the lowest price target for PGR is $237.00. The average price target represents a forecasted upside of 16.10% from the current price of $245.33.

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 9/16/24 to 9/16/25	1 Month Ago 8/17/24 to 8/17/25	3 Months Ago 6/18/24 to 6/18/25	1 Year Ago 9/17/23 to 9/16/24
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	10 Hold rating(s)	9 Hold rating(s)	7 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	$284.82	$284.88	$288.59	$256.12
Forecasted Upside	16.10% Upside	15.33% Upside	10.86% Upside	-0.08% Downside
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	2.47	2.52	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	16.72% Upside	18.66% Upside	11.52% 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
9/15/2025	Wolfe Research 3 of 5 stars	Tracy Benguigui Not Rated	Initiated Coverage	Outperform ➝ Peer Perform
9/10/2025	Bank of America 4 of 5 stars	Joshua Shanker Not Rated	Boost Target	Buy	$344.00 ➝ $347.00	+41.80%
8/29/2025	Citigroup 2 of 5 stars	Matthew Heimermann Not Rated	Reiterated Rating	Buy
8/22/2025	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	Boost Target	Equal Weight	$265.00 ➝ $267.00	+7.11%
8/21/2025	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	Lower Target	Overweight	$330.00 ➝ $327.00	+31.07%
8/21/2025	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	Lower Target	Outperform	$281.00 ➝ $279.00	+11.03%
8/19/2025	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	Lower Target	Equal Weight	$287.00 ➝ $281.00	+13.74%
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%
7/21/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brian Meredith Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$280.00 ➝ $268.00	+8.85%
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.
7/17/2025	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	Lower Target	Market Perform	$290.00 ➝ $268.00	+8.80%
7/17/2025	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	Downgrade	Outperform ➝ In-Line	$275.00	+11.64%
4/8/2025	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	Boost Target	Overweight	$267.00 ➝ $287.00	+7.79%
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 Tuesday at 05:08 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 Wednesday, September 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 $243, which may present a buying opportunity for investors looking for value in the insurance sector.
The company has a strong market capitalization of approximately $142.61 billion, indicating its significant presence and stability in the insurance market.
Recent analyst reports show a consensus rating of "Moderate Buy," suggesting that many analysts believe the stock has potential for growth.
Institutional investors own a substantial 85.34% of the company's stock, reflecting confidence from large financial entities in The Progressive Co.'s performance and future prospects.
Recent insider trading activity indicates that executives are actively managing their holdings, which can be a sign of confidence in the company's future performance.

Progressive
Bear Case

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

Insider sales have been notable, with a total of 139,010 shares sold recently, which could raise concerns about the executives' confidence in the company's short-term performance.
Recent analyst downgrades have occurred, with firms like Evercore ISI and Barclays reducing their price targets, indicating a cautious outlook on the stock's future performance.
The stock has experienced a decrease in ownership by insiders, with a reported 6.81% drop, which may suggest a lack of confidence among company executives.
The company's current ratio is low at 0.31, indicating potential liquidity issues, which could affect its ability to meet short-term obligations.
Recent trading activity shows a decline of about 1.1%, which may indicate bearish sentiment among investors in the short term.

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 $284.82, with a high forecast of $347.00 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 year. There are currently 10 hold ratings and 9 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 16.10% 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, Keefe, Bruyette & Woods, Morgan Stanley, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Progressive less than other "finance" companies. The consensus rating for Progressive is Hold while the average consensus rating for "finance" companies is Moderate Buy. Learn more on how PGR compares to other companies.

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This page (NYSE:PGR) was last updated on 9/16/2025 by MarketBeat.com Staff

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Progressive (PGR) Stock Forecast & Price Target

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

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

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Progressive (PGR) Stock Forecast & Price Target

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

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

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