Progressive Corp
NYSE:PGR

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Progressive Corp
NYSE:PGR
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Price: 262.34 USD 0.94% Market Closed
Market Cap: 153.6B USD
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Wall Street
Price Targets

PGR Price Targets Summary
Progressive Corp

Wall Street analysts forecast PGR stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PGR is 276.72 USD with a low forecast of 163.62 USD and a high forecast of 347.55 USD.

Lowest
Price Target
163.62 USD
38% Downside
Average
Price Target
276.72 USD
5% Upside
Highest
Price Target
347.55 USD
32% Upside

PGR Last Price Targets
Progressive Corp

The latest public price target was made on Nov 6, 2024 by Alex Scott from Goldman Sachs , who expects PGR stock to rise by 12% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Alex Scott
Goldman Sachs
294 USD
Upside 12%
1 week ago
Nov 6, 2024
Progressive Corp. (PGR) PT Raised to $294 at Goldman Sachs
StreetInsider
Michael Zaremski
BMO Capital
273 USD
Upside 4%
1 week ago
Nov 4, 2024
BMO Capital Reiterates Outperform Rating on Progressive Corp. (PGR)
StreetInsider
Alex Scott
Goldman Sachs
292 USD
Upside 11%
3 weeks ago
Oct 21, 2024
Goldman Sachs Reiterates Neutral Rating on Progressive Corp. (PGR)
StreetInsider
Bob Huang
Morgan Stanley
310 USD
Upside 18%
3 weeks ago
Oct 18, 2024
Progressive price target raised to $310 from $300 at Morgan Stanley
TheFly
Elyse Greenspan
Wells Fargo
297 USD
Upside 13%
4 weeks ago
Oct 16, 2024
Progressive Corp. (PGR) PT Raised to $297 at Wells Fargo
StreetInsider
Catherine Seifert
CFRA
290 USD
Upside 11%
4 weeks ago
Oct 16, 2024
Progressive Corp. (PGR) PT Raised to $290 at CFRA
StreetInsider
Michael Ward
Citigroup
257 USD
Downside 2%
1 month ago
Oct 4, 2024
Citi Reiterates Neutral Rating on Progressive Corp. (PGR)
StreetInsider
Alex Scott
Goldman Sachs
280 USD
Upside 7%
1 month ago
Sep 17, 2024
Progressive Corp. (PGR) PT Raised to $280 at Goldman Sachs
StreetInsider
Bob Huang
Morgan Stanley
300 USD
Upside 14%
1 month ago
Sep 16, 2024
Progressive price target raised to $300 from $260 at Morgan Stanley
TheFly
Joshua Shanker
Bank of America Securities
309 USD
Upside 18%
1 month ago
Sep 15, 2024
Progressive price target lowered to $309 from $312 at BofA
TheFly
Bob Huang
Morgan Stanley
260 USD
Downside 1%
1 month ago
Sep 14, 2024
Progressive's August results showing 'another big beat', says Morgan Stanley
TheFly
Elyse Greenspan
Wells Fargo
282 USD
Upside 7%
2 months ago
Sep 10, 2024
Progressive price target raised to $282 from $281 at Wells Fargo
TheFly
Alex Scott
Barclays
267 USD
Upside 2%
2 months ago
Sep 4, 2024
Barclays Starts Progressive Corp. (PGR) at Equalweight
StreetInsider
Joshua Shanker
Bank of America Securities
312 USD
Upside 19%
2 months ago
Sep 3, 2024
Progressive price target raised to $312 from $294 at BofA
TheFly
Paul Newsome
Piper Sandler
252 USD
Downside 4%
2 months ago
Aug 15, 2024
Progressive price target raised to $252 from $250 at Piper Sandler
TheFly
Alex Scott
Goldman Sachs
262 USD
Downside 0%
2 months ago
Aug 15, 2024
Goldman Sachs Upgrades Progressive Corp. (PGR) to Buy
StreetInsider
David Motemaden
Evercore ISI
257 USD
Downside 2%
2 months ago
Aug 14, 2024
Progressive Corp. (PGR) PT Raised to $257 at Evercore ISI
StreetInsider
Vikram Gandhi
HSBC
253 USD
Downside 4%
3 months ago
Aug 12, 2024
HSBC Upgrades Progressive Corp. (PGR) to Buy
StreetInsider
Michael Zaremski
BMO Capital
237 USD
Downside 10%
3 months ago
Aug 7, 2024
Progressive price target lowered to $237 from $239 at BMO Capital
TheFly
Yaron Kinar
Jefferies
257 USD
Downside 2%
3 months ago
Jul 17, 2024
Progressive price target raised to $257 from $256 at Jefferies
TheFly
Bob Huang
Morgan Stanley
255 USD
Downside 3%
5 months ago
Jun 10, 2024
Progressive price target lowered to $255 from $256 at Morgan Stanley
TheFly
Elyse Greenspan
Wells Fargo
243 USD
Downside 7%
5 months ago
May 20, 2024
Progressive Corp. (PGR) PT Lowered to $243 at Wells Fargo
StreetInsider
Michael Zaremski
BMO Capital
235 USD
Downside 10%
5 months ago
May 16, 2024
Progressive Corp. (PGR) PT Raised to $235 at BMO Capital
StreetInsider
Catherine Seifert
CFRA
235 USD
Downside 10%
6 months ago
Apr 15, 2024
CFRA Upgrades Progressive Corp. (PGR) to Buy, 'we view the shares as undervalued'
StreetInsider
Michael Zaremski
BMO Capital
234 USD
Downside 11%
6 months ago
Apr 15, 2024
BMO Capital Reiterates Outperform Rating on Progressive Corp. (PGR)
StreetInsider
Paul Newsome
Piper Sandler
240 USD
Downside 9%
7 months ago
Apr 12, 2024
Progressive Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Elysee Greenspan
Wells Fargo
238 USD
Downside 9%
7 months ago
Apr 12, 2024
Progressive Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Yaron Kinar
Jefferies
245 USD
Downside 7%
7 months ago
Apr 12, 2024
Progressive Corp. (PGR) PT Raised to $245 at Jefferies
StreetInsider
Bob Huang
Morgan Stanley
247 USD
Downside 6%
7 months ago
Apr 11, 2024
Progressive Corp. (PGR) PT Raised to $247 at Morgan Stanley
StreetInsider
David Motemaden
Evercore ISI
215 USD
Downside 18%
7 months ago
Mar 15, 2024
Progressive Corp. (PGR) PT Raised to $215 at Evercore ISI, 'Results Show Growth Continues to Accelerate as Margins Improve'
StreetInsider
Bob Huang
Morgan Stanley
227 USD
Downside 13%
8 months ago
Mar 6, 2024
Morgan Stanley Upgrades Progressive Corp. (PGR) to Overweight, 'The March Toward 18%+ Market Share in 5 Years'
StreetInsider
Gregory Peters
Raymond James
165 USD
Downside 37%
1 year ago
Oct 16, 2023
Auto Insurer Progressive Corp's September Results Could Suggest Inflection Point, Says Analyst
Benzinga
Unknown Analyst
Citigroup
111 USD
Downside 58%
1 year ago
Feb 1, 2023
Citigroup Maintains Sell on Progressive, Raises Price Target to $111
Benzinga
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Alex Scott
Goldman Sachs
Price Target 294 USD
Upside/Downside 12%
View Source
Michael Zaremski
BMO Capital
Price Target 273 USD
Upside/Downside 4%
View Source
Alex Scott
Goldman Sachs
Price Target 292 USD
Upside/Downside 11%
View Source
Bob Huang
Morgan Stanley
Price Target 310 USD
Upside/Downside 18%
View Source
Elyse Greenspan
Wells Fargo
Price Target 297 USD
Upside/Downside 13%
View Source
Catherine Seifert
CFRA
Price Target 290 USD
Upside/Downside 11%
View Source
Michael Ward
Citigroup
Price Target 257 USD
Upside/Downside 2%
View Source
Alex Scott
Goldman Sachs
Price Target 280 USD
Upside/Downside 7%
View Source
Bob Huang
Morgan Stanley
Price Target 300 USD
Upside/Downside 14%
View Source
Joshua Shanker
Bank of America Securities
Price Target 309 USD
Upside/Downside 18%
View Source
Bob Huang
Morgan Stanley
Price Target 260 USD
Upside/Downside 1%
View Source
Elyse Greenspan
Wells Fargo
Price Target 282 USD
Upside/Downside 7%
View Source
Alex Scott
Barclays
Price Target 267 USD
Upside/Downside 2%
View Source
Joshua Shanker
Bank of America Securities
Price Target 312 USD
Upside/Downside 19%
View Source
Paul Newsome
Piper Sandler
Price Target 252 USD
Upside/Downside 4%
View Source
Alex Scott
Goldman Sachs
Price Target 262 USD
Upside/Downside 0%
View Source
David Motemaden
Evercore ISI
Price Target 257 USD
Upside/Downside 2%
View Source
Vikram Gandhi
HSBC
Price Target 253 USD
Upside/Downside 4%
View Source
Michael Zaremski
BMO Capital
Price Target 237 USD
Upside/Downside 10%
View Source
Yaron Kinar
Jefferies
Price Target 257 USD
Upside/Downside 2%
View Source
Bob Huang
Morgan Stanley
Price Target 255 USD
Upside/Downside 3%
View Source
Elyse Greenspan
Wells Fargo
Price Target 243 USD
Upside/Downside 7%
View Source
Michael Zaremski
BMO Capital
Price Target 235 USD
Upside/Downside 10%
View Source
Catherine Seifert
CFRA
Price Target 235 USD
Upside/Downside 10%
View Source
Michael Zaremski
BMO Capital
Price Target 234 USD
Upside/Downside 11%
View Source
Paul Newsome
Piper Sandler
Price Target 240 USD
Upside/Downside 9%
View Source
Elysee Greenspan
Wells Fargo
Price Target 238 USD
Upside/Downside 9%
View Source
Yaron Kinar
Jefferies
Price Target 245 USD
Upside/Downside 7%
View Source
Bob Huang
Morgan Stanley
Price Target 247 USD
Upside/Downside 6%
View Source
David Motemaden
Evercore ISI
Price Target 215 USD
Upside/Downside 18%
View Source
Bob Huang
Morgan Stanley
Price Target 227 USD
Upside/Downside 13%
View Source
Gregory Peters
Raymond James
Price Target 165 USD
Upside/Downside 37%
View Source
Unknown Analyst
Citigroup
Price Target 111 USD
Upside/Downside 58%
View Source
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Progressive Corp Competitors:
Price Targets
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Kingstone Companies Inc
10% Downside
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Selective Insurance Group Inc
1% Downside
8270
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40% Downside
TSU
Trisura Group Ltd
46% Upside
AMBC
Ambac Financial Group Inc
48% Upside
ALL
Allstate Corp
7% Upside
IGIC
International General Insurance Holdings Ltd
10% Downside
QBE
QBE Insurance Group Ltd
4% Upside

Revenue
Forecast

Revenue Estimate
Progressive Corp

For the last 8 years the compound annual growth rate for Progressive Corp's revenue is 15%. The projected CAGR for the next 3 years is 16%.

15%
Past Growth
16%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Progressive Corp

For the last 8 years the compound annual growth rate for Progressive Corp's net income is 15%. The projected CAGR for the next 3 years is 30%.

15%
Past Growth
30%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PGR's stock price target?
Price Target
276.72 USD

According to Wall Street analysts, the average 1-year price target for PGR is 276.72 USD with a low forecast of 163.62 USD and a high forecast of 347.55 USD.

What is Progressive Corp's Revenue forecast?
Projected CAGR
16%

For the last 8 years the compound annual growth rate for Progressive Corp's revenue is 15%. The projected CAGR for the next 3 years is 16%.

What is Progressive Corp's Net Income forecast?
Projected CAGR
30%

For the last 8 years the compound annual growth rate for Progressive Corp's net income is 15%. The projected CAGR for the next 3 years is 30%.

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