
Progressive (PGR) Stock Forecast & Price Target
Progressive (PGR) Analyst Ratings
Bulls say
Progressive is positioned as the second-largest personal auto insurer in the United States, with approximately 24 million personal auto policies in force, reflecting its significant market presence and competitive advantage. The company's expected EPS growth for 2025 is revised upward to $18.15, driven by improved net investment income and lower catastrophe losses, which indicates a positive trend in profitability. Although premium growth may slow, Progressive's core loss ratios are anticipated to improve year-over-year in 2025, aligning with historical patterns that suggest long-term profitability can follow pricing peaks.
Bears say
Progressive is experiencing a negative outlook due to anticipated slower premium growth and an increase in core loss ratios, which is reflected in a revised earnings estimate for 2025, decreasing from $18.15 to $17.00. The company's market position may be further challenged as the growth rate of personal auto policies in force is expected to decelerate in response to competitive rate adjustments and seasonality impacts. Additionally, ongoing trends such as declining earned rate increases and a potential normalization of loss trends could sustain the rising personal auto loss ratios, contributing to the downturn in the company's financial performance.
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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