
Progressive (PGR) Stock Forecast & Price Target
Progressive (PGR) Analyst Ratings
Bulls say
Progressive is recognized as the second-largest personal auto insurer in the U.S., boasting nearly 24 million personal auto policies in force, which positions the company favorably within a competitive market. The company has seen an increase in earnings per share (EPS) estimates for 2025, 2026, and 2027, reflecting expectations of higher net investment income (NII) and lower catastrophe losses, despite challenges such as slowing premium growth. Additionally, there is an industry-wide belief that core loss ratios will improve year-over-year in 2025, aligning with historical trends in the property and casualty insurance sector.
Bears say
The financial outlook for Progressive is negative due to a lowered earnings estimate for 2025, reduced from $18.15 to $17.00, primarily driven by underperformance in September related to Florida's policyholder credit charges. The company is expected to experience slower premium growth and a higher core loss ratio, with projections indicating that personal auto loss ratios will continue to rise. Additionally, competitive market pressures, seasonal loss trends, and changes in claims behavior may further exacerbate the challenges facing Progressive's profitability.
This aggregate rating is based on analysts' research of Progressive and is not a guaranteed prediction by Public.com or investment advice.
Progressive (PGR) Analyst Forecast & Price Prediction
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