On May 28, 2025, UBS analyst Brian Meredith updated the price target for Progressive (PGR, Financial) from $285.00 to $291.00. This change reflects a 2.11% increase from the previous target. The adjustment suggests a positive outlook for the company’s stock performance.
Despite the revised price target, UBS has maintained its "Neutral" rating on Progressive (PGR, Financial). The consistency in the rating indicates a balanced perspective regarding the stock's potential movement within the market. Investors should note that the analyst's outlook remains unchanged in terms of overall stock rating, while showing confidence with the updated price target.
The current price target of $291.00 is set in USD and reflects UBS's assessment of Progressive's (PGR, Financial) market position and future growth prospects. Analysts and investors will continue to monitor Progressive's financial results and market conditions to evaluate any potential changes in its stock performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Progressive Corp (PGR, Financial) is $297.08 with a high estimate of $330.00 and a low estimate of $189.32. The average target implies an upside of 6.95% from the current price of $277.78. More detailed estimate data can be found on the Progressive Corp (PGR) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Progressive Corp's (PGR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Progressive Corp (PGR, Financial) in one year is $254.36, suggesting a downside of 8.43% from the current price of $277.775. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Progressive Corp (PGR) Summary page.
