The Progressive (PGR) analyst forecast and price target
Analyst forecast
Consensus of 29 analyst ratings
Based on 11 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Barclays | Maintained | Overweight | $247.00 from $246.00 | Oct 7, 2026 |
| JP Morgan | Maintained | Neutral | $250.00 from $241.00 | Oct 5, 2026 |
| Keefe, Bruyette & Woods | Maintained | Outperform | $250.00 | Sep 18, 2026 |
| Mizuho | Maintained | Neutral | $230.00 from $236.00 | Sep 16, 2026 |
| UBS | Maintained | Neutral | $234.00 from $225.00 | Aug 27, 2026 |
| Wells Fargo | Maintained | Underweight | $201.00 from $198.00 | Aug 20, 2026 |
| Keefe, Bruyette & Woods | Upgraded | Market Perform → Outperform | $250.00 from $226.00 | Aug 20, 2026 |
| Cantor Fitzgerald | Maintained | Neutral | $200.00 from $220.00 | Aug 17, 2026 |
| JP Morgan | Maintained | Neutral | $241.00 from $250.00 | Aug 4, 2026 |
| Morgan Stanley | Upgraded | Underweight → Equal-Weight | $210.00 from $190.00 | Jul 24, 2026 |
| Evercore ISI Group | Maintained | In-Line | $230.00 from $240.00 | Jul 16, 2026 |
| Wells Fargo | Maintained | Underweight | $198.00 from $205.00 | Jul 16, 2026 |
| BMO Capital | Maintained | Market Perform | $205.00 from $220.00 | Jul 16, 2026 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $226.00 from $231.00 | Jul 16, 2026 |
| B of A Securities | Maintained | Buy | $308.00 from $313.00 | Jul 16, 2026 |
| JP Morgan | Downgraded | Overweight → Neutral | $250.00 | Jul 14, 2026 |
| Evercore ISI Group | Maintained | In-Line | $240.00 from $230.00 | Jul 10, 2026 |
| Mizuho | Maintained | Neutral | $243.00 from $217.00 | Jul 9, 2026 |
| Keefe, Bruyette & Woods | Maintained | Market Perform | $231.00 from $210.00 | Jul 8, 2026 |
| HSBC | Maintained | Hold | $221.00 from $214.00 | Jul 6, 2026 |
Frequently asked questions
What is the price target for PGR stock?
The average 12-month analyst price target for The Progressive (PGR) is $233.18, with a high estimate of $308.00 and a low of $200.00, across 11 analysts.
Is PGR a buy, sell, or hold?
Analysts covering The Progressive currently average a Hold rating: 9 buy, 17 hold and 3 sell, from 29 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for PGR?
The average price target of $233.18 implies 9.24% upside from the last price of $213.46.
What is the latest analyst rating on PGR?
On Oct 7, 2026, Barclays maintained The Progressive at Overweight with a price target of $247.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.