← ANALYST RATINGS · TIPRANKS

Progressive (PGR): analyst forecast and price target

$218 +2.22% close 16.10.26 · market cap $124B · Financial · Insurance - Property & Casualty SPY 0.19%
Price targets and ratings of

Analyst consensus

Moderate Buy

6 Buy8 Hold1 Sell

Ratings of 15 analysts in the last 3 months · top analysts only

12-month forecast

$233+6.6% upside

Based on 15 price targets given in the last 3 months, the average target is $233, the highest $266, the lowest $196. The average is +6.6% from the last price of $218.

$200$225$250Jan 26AprJulOctJan 27AprJulOctHigh$266Average$233Low$196
Highest target $266 Average target $233 Lowest target $196
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Bob Huang★★★★★★★★★★#6914 · hits 57% · avg +0.4% Morgan Stanley $210 Hold −3.9% Assigned 16.10.26on TipRanks 08:40 +3.3%
Mikhail Paramonov★★★★★★★★★★#5865 · hits 75% · avg +10.3% Freedom Capital Markets $206 → $226+9.7% Hold +3.4% Reiterated 15.10.26on TipRanks 14:10 −0.1%next day +3.3%
Harry Fong★★★★★★★★★★#477 · hits 73% · avg +12.0% Roth MKM $245 Buy +12.1% Reiterated 15.10.26on TipRanks 08:50 −0.1%next day +3.3%
Michael Zaremski★★★★★★★★★★#1261 · hits 66% · avg +9.4% BMO Capital $221 → $216−2.3% Hold −1.1% Reiterated 15.10.26on TipRanks 08:35 −0.1%next day +3.3%
Meyer Shields★★★★★★★★★★#72 · hits 75% · avg +14.6% KBW $252 → $246−2.4% Buy +12.6% Reiterated 15.10.26on TipRanks 06:50 −0.1%next day +3.3%
Joshua Shanker★★★★★★★★★★#1027 · hits 61% · avg +7.2% Bank of America Securities $266 Buy +21.7% Assigned 15.10.26on TipRanks 06:30 −0.1%next day +3.3%
Alex Scott★★★★★★★★★★#1272 · hits 60% · avg +7.0% Barclays $247 Buy +13.0% Reiterated 15.10.26on TipRanks 05:07 −0.1%next day +3.3%
Robert Cox CFA★★★★★★★★★★#4722 · hits 60% · avg +2.9% Goldman Sachs $235 → $233−0.9% Buy +6.6% Reiterated 14.10.26on TipRanks Oct 15 08:31 −3.1%next day −0.1%
David Motemaden★★★★★★★★★★#1653 · hits 66% · avg +7.4% Evercore ISI $230 → $227−1.3% Hold +3.9% Assigned 14.10.26on TipRanks 12:07 −3.1%next day −0.1%
Elyse Greenspan★★★★★★★★★★#1014 · hits 60% · avg +7.5% Wells Fargo $201 → $196−2.5% Sell −10.3% Reiterated 12.10.26on TipRanks 06:15 +1.4%next day +1.2%
Vikram Gandhi★★★★★★★★★★#1720 · hits 79% · avg +15.4% HSBC $214 → $216+0.9% Hold −1.1% Reiterated 07.10.26on TipRanks 05:15 +1.2%next day +2.6% · 5 days +0.7%
Pablo Singzon★★★★★★★★★★#2864 · hits 60% · avg +9.5% J.P. Morgan $241 → $250+3.7% Hold +14.4% Reiterated 05.10.26on TipRanks 07:36 +0.4%next day −0.8% · 5 days +3.2%
Adam Klauber★★★★★★★★★★#2360 · hits 55% · avg +6.6% William Blair — Hold — Reiterated 18.09.26on TipRanks 09:30 −1.4%next day −2.1% · 5 days −5.0%
Yaron Kinar★★★★★★★★★★#401 · hits 72% · avg +12.2% Mizuho Securities $236 → $230−2.5% Hold +5.3% Reiterated 15.09.26on TipRanks Sep 16 05:35 +0.6%next day −1.5% · 5 days −8.9%
Brian Meredith★★★★★★★★★★#214 · hits 77% · avg +12.8% UBS $225 → $234+4.0% Hold +7.1% Assigned 27.08.26on TipRanks 07:15 −2.8%next day +0.7% · 5 days +2.6%
Gregory Peters★★★★★★★★★★#411 · hits 67% · avg +10.6% Raymond James — Buy — Reiterated 24.08.26on TipRanks 10:35 +2.4%next day −1.1% · 5 days −3.1%
Ryan Tunis★★★★★★★★★★#10191 · hits 48% · avg −1.8% Cantor Fitzgerald $220 → $200−9.1% Hold −8.5% Reiterated 17.08.26on TipRanks 08:45 −2.3%next day +2.3% · 5 days +11.0%
Tracy Benguigui★★★★★★★★★★#11704 · hits 54% · avg −6.1% Wolfe Research — Hold — Reiterated 03.08.26on TipRanks Aug 4 11:23 −1.9%next day −1.7% · 5 days −0.4%
Andrew Kligerman★★★★★★★★★★#731 · hits 68% · avg +11.3% TD Cowen $266 → $222−16.5% Hold +1.6% Reiterated 28.07.26on TipRanks 15:30 +1.5%next day +1.8% · 5 days −8.1%
Paul Newsome★★★★★★★★★★#122 · hits 73% · avg +13.9% Piper Sandler $241 Buy +10.3% Reiterated 16.07.26on TipRanks Jul 15 07:51 −9.8%next day +0.8% · 5 days +0.6%
Matthew Heimermann★★★★★★★★★★#4015 · hits 69% · avg +7.1% Citi $226 → $261+15.5% Buy +19.5% Reiterated 15.07.26on TipRanks Jul 16 07:00 −9.8%next day +0.8% · 5 days +0.6%
Andrew Andersen★★★★★★★★★★#5885 · hits 60% · avg +2.3% Jefferies $216 → $215−0.5% Hold −1.6% Reiterated 24.03.26on TipRanks 09:30 +0.9%next day −2.2% · 5 days −3.4%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Progressive

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Paul Newsome★★★★★★★★★★Piper Sandler · #122
Hits 73%365 of 499 Average return +13.9%
1 year Paul Newsome★★★★★★★★★★Piper Sandler · #122
Hits 73%365 of 499 Average return +13.9%
2 years Gregory Peters★★★★★★★★★★Raymond James · #411
Hits 67%320 of 476 Average return +10.6%

Most profitable

3 months Paul Newsome★★★★★★★★★★Piper Sandler · #122
Hits 73%365 of 499 Average return +13.9%
1 year Joshua Shanker★★★★★★★★★★Bank of America Securities · #1027
Hits 61%302 of 499 Average return +7.2%
2 years Joshua Shanker★★★★★★★★★★Bank of America Securities · #1027
Hits 61%302 of 499 Average return +7.2%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $230 at a price of $207 (+11.1%); now: $229 at $218 (+4.8%).

$200$220$240Sep 15Oct 1Oct 15Top analysts$233Average target$229Price$218

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

0204012021Oct 2521523Nov31125Dec61024Jan 267826Feb71128Mar41125Apr31324May415191Jun318232Jul220233Aug19223Sep22153Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy343200
Buy131518201922
Hold241923232215
Sell012333

Earnings and sales forecast

Next report: 27.01.27 (Q4 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $4.05 (from $2.99 to $5.08). Last quarter: $4.66.

Sales

Next quarter’s sales estimate — $20.9B (from $19.9B to $23.4B). Last quarter: $23.2B.

Best top-analyst consensus in the sector · Financial

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About Progressive
  • CEO: Susan Patricia Griffith
  • Employees: 70,053
  • 300 North Commons Blvd., Mayfield Village, OH, 44143, US
  • www.progressive.com

The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distr

Data from the stock’s TipRanks forecast page, read 12 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗