Should I buy Progressive Corporation (PGR) stock or is it too late?
⭐ The most reliable of them, either direction: Cantor Fitzgerald — 76% of its targets hit on this sector (21 calls tested). It aims for $200 (-10 %), call made on August 18, 2026, maturing on August 18, 2027 (57 d ago).
Firm-by-firm track record on Progressive Corporation
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| Roth MKM | 80 % | +26.0 % | 10 | $315 +41% |
| JP Morgan | 50 % | +18.5 % | 8 | $250 +12% |
| Evercore ISI Group | 80 % | +16.8 % | 5 | $230 +3% |
| BMO Capital | 67 % | +16.1 % | 12 | $205 -8% |
| B of A Securities | 52 % | +10.6 % | 21 | $308 +38% |
| Jefferies | 50 % | +1.0 % | 8 | $215 -4% |
| Wells Fargo | 31 % | -1.0 % | 26 | $201 -10% |
| Keefe, Bruyette & Woods | 42 % | -3.4 % | 12 | $250 +12% |
✅ Reasons to believe
- The most reliable firm on PGR, Evercore ISI Group (80% hit rate, 5 scored calls), targets $230 (call made on July 16, 2026, maturing on July 16, 2027) (+3%) in its most recent call, and $230 (call made on February 19, 2026, maturing on February 19, 2027) (+3%) in the one coming due soonest.
- Pays a dividend (6.2% yield) — regular income on top of potential upside.
- Reasonable valuation (P/E ~11) relative to its sector.
⚠️ Reasons to hesitate
- The consensus is not unanimous: of 12 ratings, 8 are neutral and 1 is a sell.
- Limited upside: the median target is only +3% from the current price.
- A 12-month target is not a guaranteed path: the price can fall in the meantime.
The analyst consensus on PGR
Median target $230 (+3%) · 12 ratings · Hold consensus
⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.
Frequently asked questions
Should you invest in Progressive Corporation now?
We won't decide for you. The facts: 25% of analysts rate it a buy, median target $230 (+3%), and Evercore ISI Group (most reliable on PGR, 80%) targets $230. Weigh that against valuation (P/E ~11). This is not personalized advice.
Is it too late to invest in Progressive Corporation?
The stated upside is small: the median target ($230) sits just +3% from the price ($223) (most reliable on PGR: Evercore ISI Group, 80%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.
Is Progressive Corporation still worth investing in?
It depends on the gap between the price ($223) and its estimated value: analysts target $230 on median (+3%), with 25% buys (most reliable on PGR: Evercore ISI Group, 80%). Cross-check with their real reliability on PGR and the cautions above. Information, not advice.
What's the main risk in buying PGR?
The consensus is not unanimous: of 12 ratings, 8 are neutral and 1 is a sell.
→ Go deeper: the full Progressive Corporation profile (consensus, analyst reliability, price target, performance).