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Progressive Corp has a consensus price target of $240.47 based on the ratings of 16 analysts. The high is $298 issued by B of A Securities on April 14, 2026. The low is $190 issued by Morgan Stanley on March 31, 2026. The 3 most-recent analyst ratings were released by B of A Securities, Wells Fargo, and Keefe, Bruyette & Woods on April 14, 2026, April 9, 2026, and April 7, 2026, respectively. With an average price target of $241 between B of A Securities, Wells Fargo, and Keefe, Bruyette & Woods, there's an implied 21.93% upside for Progressive Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Progressive (NYSE:PGR) was reported by B of A Securities on April 14, 2026. The analyst firm set a price target for $298.00 expecting PGR to rise to within 12 months (a possible 50.77% upside). 90 analyst firms have reported ratings in the last year.
The latest analyst rating for Progressive (NYSE:PGR) was provided by B of A Securities, and Progressive maintained their buy rating.
The last upgrade for Progressive Corp happened on January 8, 2026 when Barclays raised their price target to $265. Barclays previously had an equal-weight for Progressive Corp.
The last downgrade for Progressive Corp happened on November 14, 2025 when Jefferies changed their price target from $261 to $232 for Progressive Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Progressive, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Progressive was filed on April 14, 2026 so you should expect the next rating to be made available sometime around April 14, 2027.
While ratings are subjective and will change, the latest Progressive (PGR) rating was a maintained with a price target of $295.00 to $298.00. The current price Progressive (PGR) is trading at is $197.65, which is out of the analyst’s predicted range.