PGR Price Prediction Next Week
Progressive Corp (PGR) Stock Price Prediction and Recommendation
Fundamental Analysis:
- Validea's P/E/Growth Investor Model: PGR received a high rating of 91%, indicating strong fundamentals and valuation.
- Analyst Outlook: PGR holds a Zacks Rank #1 (Strong Buy) with projected EPS growth of 16.62% and revenue growth of 20.07%.
Technical Analysis:
- RSI: 36.85 (oversold, potential bounce).
- MACD: Positive at 4.08, indicating upward momentum.
- Fibonacci Levels: Pivot at 279.84, resistance at 289.62, support at 270.07.
Options Activity:
- Bullish sentiment with a 59% chance of put contracts expiring worthless and a potential 6.29% return.
Price Target and Recommendation:
- Target Price: $289.62 (Fibonacci resistance level).
- Recommendation: Buy PGR with a target price of $289.62.
PGR Similar Chart Price Prediction
The price of PGR is predicted to go up -3.28%, based on the high correlation periods with KRG. The similarity of these two price pattern on the periods is 92.85%.
PGR
KRG
Down: -3.28%Similarity: 92.85%
PGR Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
PGR Price Forecast($)
Potential Return(%)
2025
284.000
17.250
2026
310.000
9.930
2027
350.000
24.110
2028
350.000
24.110
2029
350.000
24.110
2030
450.000
59.570
What is PGR stock price prediction 2025 ?
What is PGR stock price prediction 2026 ?
What is PGR stock price prediction 2027 ?
What is PGR stock price prediction 2028 ?
What is PGR stock price prediction 2029 ?
What is PGR stock price prediction 2030 ?
PGR Revenue Forecast
PGR EPS Forecast
PGR FAQs
What is PGR revenue forecast for next quarter？
What is PGR eps forecast for next quarter？
PGR VS S&P500
Progressive has consistently outperformed peers in terms of underwriting margins.
Progressive's management has proved itself adroit at managing the pricing cycle.
New concepts such as concierge claims service and Snapshot discounts will help the company manage costs while delivering a superior experience to policyholders.
PGR Analyst's Forecast
Meyer Shields
Keefe, Bruyette & Woods
Buy
2025-03-20
Price Target
$294 → $300
Upside
+9.24%
Keefe Bruyette raised the firm's price target on Progressive to $300 from $294 and keeps an Outperform rating on the shares. Progressive's policies in force growth rate should remain ahead of almost all competitors, the analyst tells investors in a research note.
Alex Scott
Barclays
Hold
2025-03-13
Price Target
$264 → $285
Upside
+2%
Bob Huang
Morgan Stanley
Buy
2025-01-31
Price Target
$300 → $307
Upside
+24.57%
