Progressive (PGR) News Today

Recent analyst updates and quarterly results are driving the movement in The Progressive Corporation (NYSE:PGR) shares today. Key developments include:

• Positive Sentiment: Research firm Roth Capital raised its Q3 2025 EPS estimate for Progressive to $3.98 (from $3.73) and boosted its full-year and future quarter forecasts. Q3 Earnings Forecast for Progressive Issued By Roth Capital
• Positive Sentiment: Wells Fargo reiterated its “Buy” rating on PGR and kept a $333 price target, citing strong financial performance and growth potential. Progressive’s Strong Financial Performance and Growth Potential Justifies Buy Rating
• Positive Sentiment: Progressive reported Q2 earnings of $4.88 per share, beating estimates by $0.45, with revenue up 12.1% year-over-year. Progressive (NYSE:PGR) Releases Quarterly Earnings Results, Beats Estimates By $0.45 EPS
• Positive Sentiment: Zacks highlighted three reasons growth investors shouldn’t overlook Progressive, noting its above-average financial growth metrics. 3 Reasons Why Growth Investors Shouldn't Overlook Progressive (PGR)
• Neutral Sentiment: Zacks also examined whether Progressive is a buy as Wall Street analysts remain generally optimistic about its outlook. Is Progressive (PGR) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: BMO Capital Markets trimmed its price target on PGR shares from $288 to $281, though it maintains an “Outperform” rating. BMO Capital Markets Lowers Progressive (NYSE:PGR) Price Target to $281.00
• Negative Sentiment: Bank of America slightly cut its PGR price target from $337 to $336 while keeping a “Buy” rating. Bank of America Cuts Progressive (NYSE:PGR) Price Target to $336.00
• Negative Sentiment: Keefe, Bruyette & Woods lowered its target for Progressive from $290 to $268 and assigned a “Market Perform” rating. Progressive (NYSE:PGR) Price Target Cut to $268.00 by Analysts at Keefe, Bruyette & Woods
• Negative Sentiment: Evercore ISI downgraded PGR from “Outperform” to “In-Line” and set a $275 price target. Progressive (NYSE:PGR) Rating Lowered to In-Line at Evercore ISI
• Negative Sentiment: Benzinga reported that several analysts slashed their Progressive forecasts following the Q2 results. These Analysts Slash Their Forecasts On Progressive After Q2 Results