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Progressive Corp
NYSE:PGR

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Progressive Corp
NYSE:PGR
Watchlist
Price: 210.07 USD -1% Market Closed
Updated: Apr 26, 2024

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 231.68 USD with a low forecast of 163.62 USD and a high forecast of 292.95 USD.

Lowest
Price Target
163.62 USD
22% Downside
Average
Price Target
231.68 USD
10% Upside
Highest
Price Target
292.95 USD
39% Upside

PGR Last Price Targets
Progressive Corp

The latest public price target was made on Apr 15, 2024 by Michael Zaremski from BMO Capital , who expects PGR stock to rise by 11% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Michael Zaremski
BMO Capital
234 USD
Upside 11%
1 week ago
Apr 15, 2024
BMO Capital Reiterates Outperform Rating on Progressive Corp. (PGR)
StreetInsider
Catherine Seifert
CFRA
235 USD
Upside 12%
1 week ago
Apr 15, 2024
CFRA Upgrades Progressive Corp. (PGR) to Buy, 'we view the shares as undervalued'
StreetInsider
Yaron Kinar
Jefferies
245 USD
Upside 17%
2 weeks ago
Apr 12, 2024
Progressive Corp. (PGR) PT Raised to $245 at Jefferies
StreetInsider
Paul Newsome
Piper Sandler
240 USD
Upside 14%
2 weeks 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
Upside 13%
2 weeks ago
Apr 12, 2024
Progressive Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Bob Huang
Morgan Stanley
247 USD
Upside 18%
2 weeks ago
Apr 11, 2024
Progressive Corp. (PGR) PT Raised to $247 at Morgan Stanley
StreetInsider
David Motemaden
Evercore ISI
215 USD
Upside 2%
1 month 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
Upside 8%
1 month 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 21%
6 months ago
Oct 16, 2023
Auto Insurer Progressive Corp's September Results Could Suggest Inflection Point, Says Analyst
Benzinga
Unknown Analyst
Citigroup
111 USD
Downside 47%
1 year ago
Feb 1, 2023
Citigroup Maintains Sell on Progressive, Raises Price Target to $111
Benzinga
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Michael Zaremski
BMO Capital
Price Target 234 USD
Upside/Downside 11%
View Source
Catherine Seifert
CFRA
Price Target 235 USD
Upside/Downside 12%
View Source
Yaron Kinar
Jefferies
Price Target 245 USD
Upside/Downside 17%
View Source
Paul Newsome
Piper Sandler
Price Target 240 USD
Upside/Downside 14%
View Source
Elysee Greenspan
Wells Fargo
Price Target 238 USD
Upside/Downside 13%
View Source
Bob Huang
Morgan Stanley
Price Target 247 USD
Upside/Downside 18%
View Source
David Motemaden
Evercore ISI
Price Target 215 USD
Upside/Downside 2%
View Source
Bob Huang
Morgan Stanley
Price Target 227 USD
Upside/Downside 8%
View Source
Gregory Peters
Raymond James
Price Target 165 USD
Upside/Downside 21%
View Source
Unknown Analyst
Citigroup
Price Target 111 USD
Upside/Downside 47%
View Source
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Progressive Corp Competitors:
Price Targets
LPI
Lpi Capital Bhd
20% Upside
AKGRT.E
AK Sigorta AS
27% Upside
AMBC
Ambac Financial Group Inc
21% Upside
KINS
Kingstone Companies Inc
57% Downside
2816
Union Insurance Co Ltd
29% Downside
RLI
Rli Corp
12% Upside
LDA
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros
1% Upside
2832
Taiwan Fire & Marine Insurance Co Ltd
16% 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 13%.

15%
Past Growth
13%
Estimated Growth
Estimates Accuracy
0%
Average Beat

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 22%.

15%
Past Growth
22%
Estimated Growth
Estimates Accuracy
11%
Average Beat

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
231.68 USD

According to Wall Street analysts, the average 1-year price target for PGR is 231.68 USD with a low forecast of 163.62 USD and a high forecast of 292.95 USD.

What is Progressive Corp's Revenue forecast?
Projected CAGR
13%

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 13%.

What is Progressive Corp's Net Income forecast?
Projected CAGR
22%

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 22%.