Progressive Corporation Stock Outlook: Is Wall Street Bullish or Bearish?

2026-02-21 21:42:21

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The Progressive Corporation (PGR) has underperformed the broader market and its industry ETF over the past year, with its stock down 19.6% while the S&P 500 rallied 15.6%. Despite this, analysts have a “Moderate Buy” consensus rating, with a mean price target suggesting a 24.8% upside following strong Q4 results that beat revenue forecasts. Citigroup recently reiterated a “Buy” rating, lowering its price target but still implying a significant potential upside for PGR.

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