Progressive Corporation (The) (PGR) Analyst Ratings & Price Targets

Progressive Corporation (The)

PGR · NYSE

Analyst Consensus

Hold

22 analysts

$213

Current

$241

Low

$230

Average

$241

High

Average target implies +7.90% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Hold across 22 analysts, with a mean target of $230 and no reported low or high in the consensus summary. A separate Yahoo Finance snippet shows a much wider published target range of $205 to $308, indicating substantial disagreement around fair value. JPMorgan is the clearest named less-bullish voice after moving Progressive from Overweight to Neutral and lowering its target in the supplied reports; the evidence does not identify the most bullish analyst or firm. The identifiable revision direction over the past week is downward. The substantive divide is whether strong underwriting metrics and improved earnings justify the valuation, or whether valuation and macroeconomic uncertainty warrant caution.

Rating Actions

1 firm captured

Firm	Analyst	Rating	Price Target	Upside	Date	Source
JPMorgan	—	Neutral Downgraded from Overweight to Neutral	$250	+17.3%	Jul 28, 2026	Open the report this row came from
JPMorgan	—	Unrated Lowered price target	$241from $250	+13.1%	Jul 28, 2026	Open the report this row came from

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

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Symbol: PGR
Type: Stock
Sector: Finance
Industry: Property-Casualty Insurers
Exchange: NYSE

Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it's most convenient for them - online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is a leading seller of personal auto, commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the United States. Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

Key Issues

Bullish view

Analysts highlight Progressive’s strong underwriting metrics, supporting the argument that operating performance can sustain the company’s valuation and earnings growth.

Bearish view

Valuation concerns and JPMorgan’s downgrade to Neutral indicate that the stock price may already reflect much of the underwriting strength, limiting near-term upside.

Analyst Consensus

See all

Hold

22 analysts

$213

Current

$241

Low

$230

Average

$241

High

Average target implies +7.90% versus the current price.

Earnings History

BeatMissNo estimate

Progressive Corporation (The)

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers