The Progressive CorporationPGRNYSE
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Analyst Sentiment

Analysts lean bullish — 56% recommend buying.

Consensus Rating
Buy
16 analysts·Moderate coverage
56%
Rating Distribution
Strong Buy
00%
Buy
956%
Hold
638%
Sell
16%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see modest upside — consensus target 10% higher.

Bear Case
$214.00
+0%
Consensus
$233.62
+10%
Bull Case
$265.00
+24%
Price Range16 analysts
Low
Consensus
High
$214.00
$265.00
Current Target
Current Price
$213.35
Upside to Target
$20.27

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

2026E$16.10(15 analysts)
P/E12x
Current: 12.4x
Actual
Estimate
Range (Low–High)
Stock Alarm Pro
Forward Growth Estimates (YoY)
FY2027
Rev+7.61%
EPS-0.19%
FY2028
Rev+5.79%
EPS-0.43%

Earnings Surprises

Beat rate:58%(7/12 quarters)
Avg surprise:-0.1%
Beat
Miss
Inline
Estimate
Based on reported EPS vs consensus estimate.

Recent Analyst Actions

Mar 2, 2026Piper Sandler
Piper Sandler on Progressive Corp. (PGR): 'One of the Best Insurers at Historically Low Valuation'
Target:$259.00
+21.7%from $212.80
Feb 23, 2026Goldman Sachs
Goldman Sachs Reiterates Buy Rating on Progressive Corp. (PGR)
Target:$225.00
+10.5%from $203.69
Feb 23, 2026UBS
Progressive price target lowered to $218 from $226 at UBS
Target:$218.00
+7.1%from $203.63
Feb 19, 2026Evercore ISI
Progressive price target lowered to $230 from $237 at Evercore ISI
Target:$230.00
+13.0%from $203.52
Feb 19, 2026Roth Capital
Progressive price target lowered to $235 from $260 at Roth Capital
Target:$235.00
+15.6%from $203.32
Feb 19, 2026Wells Fargo
Progressive price target lowered to $214 from $220 at Wells Fargo
Target:$214.00
+5.3%from $203.28
Feb 11, 2026Jefferies
Progressive price target lowered to $216 from $230 at Jefferies
Target:$216.00
+3.2%from $209.29
Feb 2, 2026UBS
Progressive price target lowered to $226 from $234 at UBS
Target:$226.00
+8.7%from $208.00
Jan 29, 2026BMO Capital
Progressive price target lowered to $232 from $239 at BMO Capital
Target:$232.00
+11.1%from $208.88
Jan 16, 2026HSBC
Progressive downgraded to Hold from Buy at HSBC
Target:$224.00
+10.9%from $201.97
Jan 15, 2026BMO Capital
Progressive price target lowered to $239 from $253 at BMO Capital
Target:$239.00
+16.3%from $205.50
Jan 14, 2026Mizuho Securities
Progressive price target lowered to $240 from $242 at Mizuho
Target:$240.00
+16.6%from $205.83
Jan 13, 2026Wells Fargo
Progressive price target lowered to $240 from $242 at Wells Fargo
Target:$240.00
+10.9%from $216.50
Jan 8, 2026Barclays
Progressive upgraded to Overweight from Equal Weight at Barclays
Target:$265.00
+26.7%from $209.10
Jan 7, 2026Goldman Sachs
Progressive price target lowered to $227 from $247 at Goldman Sachs
Target:$227.00
+8.6%from $209.10
Jan 7, 2026Evercore ISI
Progressive price target lowered to $237 from $250 at Evercore ISI
Target:$237.00
+10.8%from $213.99
Dec 19, 2025Wells Fargo
Progressive price target lowered to $242 from $247 at Wells Fargo
Target:$242.00
+7.6%from $224.86
Dec 18, 2025BMO Capital
Progressive price target lowered to $253 from $256 at BMO Capital
Target:$253.00
+11.3%from $227.27
Dec 15, 2025Mizuho Securities
Progressive initiated with a Neutral at Mizuho
Target:$242.00
+2.5%from $236.18
Dec 9, 2025BMO Capital
Progressive price target lowered to $256 from $260 at BMO Capital
Target:$256.00
+14.7%from $223.16
Nov 21, 2025BMO Capital
Progressive price target raised to $260 from $247 at BMO Capital
Target:$260.00
+15.0%from $226.00
Nov 20, 2025Wells Fargo
Progressive price target raised to $247 from $246 at Wells Fargo
Target:$247.00
+10.8%from $222.93
Nov 17, 2025HSBC
HSBC Upgrades Progressive Corp. (PGR) to Buy
Target:$259.00
+15.0%from $225.14
Nov 14, 2025Jefferies
Progressive downgraded to Hold from Buy at Jefferies
Target:$232.00
+4.0%from $223.15
Oct 27, 2025Goldman Sachs
Progressive Corp. (PGR) PT Lowered to $245 at Goldman Sachs
Target:$245.00
+13.1%from $216.63