The Progressive Corporation (PGR) Stock Forecast
PGR analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.42 / 5 from 24 analysts
- Price target
- $230.38 average of analyst targets
- Upside to target
- +5.4% from the latest close
- Next earnings
- —
- 52-week range
- $190.40 – $236.36
PGR analyst ratings
24 analystsNumber of analysts at each rating.
PGR price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
PGR earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.41 | $3.99 | $4.72 | $4.05 | +8.9% | 19 |
| Next quarter (Mar '27) | $4.41 | $3.99 | $4.83 | $4.96 | −11.2% | 18 |
| Current fiscal year (2026) | $18.41 | $17.37 | $19.46 | $18.25 | +0.9% | 23 |
| Next fiscal year (2027) | $16.24 | $14.10 | $18.25 | $18.41 | −11.8% | 23 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
PGR revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $22.51B | $22.47B | $22.55B | +5.3% | 6 |
| Next quarter (Mar '27) | $24.71B | $24.29B | $25.20B | +4.5% | 5 |
| Current fiscal year (2026) | $87.08B | $86.96B | $87.34B | +4.7% | 4 |
| Next fiscal year (2027) | $91.72B | $88.76B | $94.18B | +5.3% | 6 |
PGR EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
PGR revenue: reported and forecast
PGR EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $3.71 | $3.65 | $4.03 | $4.26 | $4.41 | +18.8% | 12 up · 2 down |
| Next quarter (Mar '27) | $4.44 | $4.41 | $4.42 | $4.44 | $4.41 | −0.7% | 10 up · 4 down |
| Current fiscal year (2026) | $17.60 | $17.61 | $18.03 | $18.27 | $18.41 | +4.7% | 13 up · 3 down |
| Next fiscal year (2027) | $16.25 | $16.27 | $16.29 | $16.37 | $16.24 | −0.0% | 9 up · 5 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
PGR earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; PGR beat in 9 of 12.
What analysts expect from PGR
24 analysts cover Progressive; their consensus rating is hold (3.42 on a 1–5 scale, where 5 is a strong buy). The average price target is $230.38, 5.4% above the latest close of $218.49. Analysts expect earnings of $18.41 per share for 2026, +0.9% from a year earlier. For 2027 the average estimate is $16.24 per share on revenue of $91.7 billion. Progressive beat the EPS estimate in 9 of the last 12 quarters.
Related: PGR income statement, PGR key metrics, PGR chart. See the PGR stock overview for the latest quote and news.
PGR forecast FAQ
What is Progressive's price target?
The average analyst price target for Progressive is $230.38, 5.4% above the latest close of $218.49.
Is Progressive a buy, hold or sell?
Of 24 analysts covering Progressive, 4 rate it a strong buy, 4 a buy, 15 a hold, 0 a sell and 1 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Progressive's EPS forecast?
Analysts forecast $18.41 per share for 2026 (range $17.37 to $19.46); for 2027 the estimate is $16.24.
What is Progressive's revenue forecast?
The average revenue estimate for 2026 is $87.1 billion, growth of 4.7%; for 2027 it is $91.7 billion.
Does Progressive usually beat earnings estimates?
Progressive reported EPS at or above the analyst estimate in 9 of the last 12 quarters.