The Progressive Corporation (PGR) Stock Price, News, Analysis

Technical Score (1D)

BUY

News Sentiment

BULLISH

Analysts are offering mixed views on Progressive's (PGR) valuation, with Wells Fargo and BMO Capital raising their price targets to $218 and $221 respectively, while Keefe Bruyette & Woods lowered theirs to $208. These adjustments follow Progressive's first-quarter earnings report, which saw both earnings and revenues beat analyst expectations, driven by a 10% year-over-year increase in net premiums written to $9.91 billion. The company also reported a 9% expansion in its customer base to 39.6 million policies in force, contributing to a 10% rise in quarterly net income. Despite these positive operational results, the stock has experienced mixed short-term performance and year-to-date declines, leading to questions about its current valuation around $201 per share. Investors are weighing these recent earnings against broader insurance sector trends in pricing and underwriting discipline. Moving forward, market participants will be watching how these analyst price target adjustments and the company's ability to manage rising operational expenses influence future trading.

Market Data

PGR Stock Snapshot

The Progressive Corporation · Financial Services · progressive.com

Progressive Corporation is a U.S.-based insurance provider primarily focused on personal and commercial auto insurance. The company's core business involves underwriting policies for a broad range of vehicles, including cars, motorcycles, recreational vehicles, and commercial trucks, alongside specialized offerings for property and casualty coverage. Progressive differentiates itself by offering insurance solutions through diverse channels, including independent agencies, online platforms, and direct phone sales. This multi-channel distribution strategy allows the company to reach a wide customer base. Founded in 1937, Progressive Corporation has established a long-standing presence in the insurance industry, offering a comprehensive suite of products and related services.

PGR is currently trading at $202.85, giving The Progressive Corporation a market cap of 118.50B and a P/E ratio of 10.3. Today's range spans $202.43–$206.12, with shares opening at $203.41 and moving up $0.36 (0.2%) from the prior close. DailyIQ's technical score sits at 59/100 (HOLD) with a news sentiment reading of 55/100.

Over the past year PGR has traded between $192.02 and $289.96 - the current price is +5.6% off the 52-week low and -30.0% from the high. 31 analysts cover the stock with a Hold consensus and a mean 12-month target of $229.90 (range $190.00–$312.00), implying upside of +13.3%.

The Progressive Corporation (PGR) has 118.50B in Financial Services market capitalization and is currently neutral on the technical dashboard: 59/100, HOLD, price $202.85 (near 52-week lows). Sentiment reads neutral at 55/100. (P/E: 10.3) In this tier, quiet accumulation often happens in HOLD phases - active managers who want to build positions without signaling do it here, where the price isn't trending and volume patterns are easier to hide. Annual range: $192.02–$289.96.

PGR|EarningsThe Progressive Corporation

Earnings Summary

The Progressive Corporation is a prominent U.S.-based insurance provider specializing in personal and commercial auto insurance, offering a wide array of policies for various vehicles and property/casualty coverage. Positioned within the Financial Services sector, specifically the Insurance - Property & Casualty industry, Progressive utilizes a multi-channel distribution strategy encompassing independent agencies, online platforms, and direct sales to reach a broad customer base. In its recent earnings reports, Progressive has shown a tendency to exceed analyst expectations for Earnings Per Share (EPS), though revenue performance has been more varied. For Q3 2025, the company reported EPS of $4.05, missing the estimate of $5.05, with revenue at $21.38 billion. This followed a Q2 2025 where EPS was $4.88, beating the $4.40 estimate, and revenue was $20.08 billion. In Q1 2025, EPS was $4.65 against an estimate of $4.75, and revenue was $22.21 billion, while Q4 2024 saw EPS of $4.08, surpassing the $3.56 estimate, with revenue at $18.11 billion. This indicates a beat/miss pattern in EPS over the last four quarters, with three beats and one miss. Historically, the company has demonstrated resilience, with a 10% increase in net premiums written year-over-year in Q1 2025 and a 9% expansion in its customer base. Recent news indicates mixed analyst views, with some raising price targets while others maintain neutral stances, reflecting a divergence in sentiment regarding current valuation. Investors will be closely monitoring competitive pressures within the insurance sector, the company's ability to adapt to evolving industry dynamics, and how its pricing strategies and operational expense management will influence future performance, particularly in light of recent analyst target adjustments and the company's stated focus on customer retention.

Earnings | EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$3.76	-	-
Q3'25	$5.05	$4.05	-19.7%
Q2'25	$4.40	$4.88	+10.7%
Q1'25	$4.75	$4.65	-2.1%
Q4'24	$3.56	$4.08	+14.6%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$21.2B	-	-
Q3'25	-	$21.4B	-
Q2'25	-	$20.1B	-
Q1'25	-	$22.2B	-
Q4'24	-	$18.1B	-

Technical Score (1D)

BUY

News Sentiment

BULLISH

Market Data

PGR Stock Snapshot

The Progressive Corporation · Financial Services · progressive.com

News Sentiment Analysis

Sentiment gathered from recent headlines

55/100

Strong NegativeNeutralStrong Positive

MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

This article compares Lemonade, an AI-driven insurer, with Progressive (PGR), a company with a long history of profitable underwriting. It poses the question of which stock represents a better investment opportunity at present. The analysis focuses on the distinct business models and market positions of both insurance providers.

What did this article say?

Progressive Corporation reported strong first-quarter 2026 financial results, with revenue reaching US$22.19 billion and net income at US$2.82 billion. The company demonstrated growth in net premiums and policy count, maintaining underwriting profitability despite rising expenses and claims costs. Investors are weighing these positive earnings against potential long-term risks in the auto insurance sector.

What did this article say?

Middle Coast Investing's Q1 2026 investor letter identifies The Progressive Corporation (PGR) as a notable holding. The advisory firm emphasizes a disciplined investment approach, focusing on resilient businesses rather than market fads. This inclusion suggests PGR aligns with their strategy of identifying companies capable of leveraging advantages, even amidst market volatility.

What did this article say?

Argus Research has initiated coverage on Progressive Corporation (PGR) with a neutral rating. The firm's analysis suggests that while PGR benefits from a strong market position and diversified business model, current valuation reflects these strengths. Investors should monitor competitive pressures and the company's ability to navigate evolving industry dynamics.

What did this article say?

Wells Fargo has revised its price target for Progressive (PGR) upwards to $218 from $215. The firm has maintained its Equal Weight rating on the stock. This adjustment reflects the analyst firm's current view on the insurer's valuation and prospects.

What did this article say?

BMO Capital has adjusted its price target for Progressive (PGR), raising it to $221 from $208. The firm has reiterated its Market Perform rating for the insurance stock. This move indicates a slightly more optimistic outlook on PGR's valuation from BMO Capital.

What did this article say?

Keefe Bruyette & Woods has adjusted its price target for Progressive (PGR), lowering it to $208 from $210. The firm has maintained its Market Perform rating on the stock. This indicates a slightly more cautious view on PGR's near-term valuation from this analyst firm.

What did this article say?

Progressive reported robust Q1 earnings per share of $4.96, marking a 6.4% increase year-over-year. The company also saw its sales climb 8% to $20.97 billion. Following these strong results, several analysts have revised their price targets upwards, signaling increased confidence in the company's performance.

What did this article say?

B of A Securities analyst Joshua Shanker has reiterated a 'Buy' rating on Progressive (PGR). The firm has also increased its price target for the stock, moving it from $298 to $312. This adjustment reflects a positive outlook on the company's future prospects and its current market position.

What did this article say?

BMO Capital analyst Michael Zaremski has maintained a 'Market Perform' rating for Progressive (PGR). Concurrently, the firm has raised its price target on the stock from $208 to $221. This move suggests a cautiously optimistic view, acknowledging potential upside while maintaining a neutral stance on current valuation.

PGR|EarningsThe Progressive Corporation

Earnings Summary

Earnings | EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$3.76	-	-
Q3'25	$5.05	$4.05	-19.7%
Q2'25	$4.40	$4.88	+10.7%
Q1'25	$4.75	$4.65	-2.1%
Q4'24	$3.56	$4.08	+14.6%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$21.2B	-	-
Q3'25	-	$21.4B	-
Q2'25	-	$20.1B	-
Q1'25	-	$22.2B	-
Q4'24	-	$18.1B	-

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

PGR·The Progressive Corporation

PGR Stock Snapshot

Earnings | EPS

Revenue

PGR·The Progressive Corporation

PGR Stock Snapshot

News Sentiment Analysis

Recent News Coverage

Earnings | EPS

Revenue

News Sentiment Analysis

Recent News Coverage

PGR·The Progressive Corporation

PGR Stock Snapshot

Earnings | EPS

Revenue

PGR·The Progressive Corporation

PGR Stock Snapshot

News Sentiment Analysis

Recent News Coverage

Earnings | EPS

Revenue

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News Sentiment Analysis

Recent News Coverage

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