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Progressive Corporation (PGR) stock prediction

Will Progressive Corporation stock go up? Is Progressive Corporation stock a good buy now?

From AI system, total return is 1523.6% from 1357 forecasts. Forecast for Apr. 2021 is $82.03 , for Mar. 2022 is $48.36 , for Mar. 2024 is $64.90 , for Mar. 2026 is $90.75 , and for Mar. 2031 is $47.86.

Since closing price on 2021-03-04 is $86.99 and forecast for Mar. 2022 is $48.36, Progressive Corporation stock is not a good 1 year investment. Please, see more forecasts below.

Table of contents

Statistics

Statistics from all past short term forecast signals in AI Pickup
Total return : 1523.6 %
Number of direction forecasts : 1357

Click to see the forecast history of all tickers

Chart for Progressive Corporation (PGR) stock

<PGR Chart by Tradingview>

Long term forecast for Progressive Corporation stock

PGR long term forecast chart
Date
Price
Apr. 2021
$82.0297150961759
May. 2021
$77.0522398818022
Jun. 2021
$71.2149510821435
Jul. 2021
$64.9799838563344
Aug. 2021
$58.8908292808164
Sep. 2021
$54.7665826537349
Oct. 2021
$52.7570700083682
Nov. 2021
$51.2909860552515
Dec. 2021
$49.8445669856143
Jan. 2022
$48.6748772579418
Feb. 2022
$48.331965220361
Mar. 2022
$48.357182296885
Apr. 2022
$48.6991447084395
May. 2022
$48.7294218360527
Jun. 2022
$48.6547375614491
Jul. 2022
$48.7261293370563
Aug. 2022
$49.0494458069259
Sep. 2022
$49.6844891501978
Oct. 2022
$50.7179318036108
Nov. 2022
$52.2048798029995
Dec. 2022
$54.3631440872351
Jan. 2023
$58.3347365976898
Feb. 2023
$64.5560347539812
Mar. 2023
$72.5145940123097
Apr. 2023
$80.3230915637475
May. 2023
$86.4267885874643
Jun. 2023
$91.8742801638335
Jul. 2023
$95.0353426002967
Aug. 2023
$94.767825323945
Sep. 2023
$91.4470524256375
Oct. 2023
$85.6846662452527
Nov. 2023
$78.9892135755956
Dec. 2023
$73.1875808071737
Jan. 2024
$69.1857181006826
Feb. 2024
$66.6047316031935
Mar. 2024
$64.9047485213725
Apr. 2024
$63.4869014114472
May. 2024
$61.7612368374543
Jun. 2024
$59.3034175287379
Jul. 2024
$56.4087841110633
Date
Price
Aug. 2024
$57.2480698315529
Sep. 2024
$53.6204290952041
Oct. 2024
$50.2154306067803
Nov. 2024
$47.9116759905764
Dec. 2024
$46.4246829359383
Jan. 2025
$45.8569694642486
Feb. 2025
$45.7080306728052
Mar. 2025
$45.2624307902093
Apr. 2025
$45.7305271054216
May. 2025
$46.4666986889208
Jun. 2025
$47.4160058627164
Jul. 2025
$48.5015774397134
Aug. 2025
$49.7823318230055
Sep. 2025
$51.455191644673
Oct. 2025
$53.9349389967054
Nov. 2025
$58.2422970890246
Dec. 2025
$65.3625375818319
Jan. 2026
$74.3768868972879
Feb. 2026
$82.6620551244823
Mar. 2026
$90.7502903222311
Apr. 2026
$96.925992566105
May. 2026
$99.5677828555865
Jun. 2026
$99.231476610729
Jul. 2026
$96.1121076089255
Aug. 2026
$90.446306020153
Sep. 2026
$82.6326097860892
Oct. 2026
$75.3032921412222
Nov. 2026
$70.2574369213759
Dec. 2026
$67.121411340439
Jan. 2027
$65.1197175137416
Feb. 2027
$63.3057515824537
Mar. 2027
$60.7740278015276
Apr. 2027
$57.5633491380828
May. 2027
$58.0339962735703
Jun. 2027
$55.3091587620342
Jul. 2027
$52.3473098437953
Aug. 2027
$49.4045331592165
Sep. 2027
$47.7972772464994
Oct. 2027
$47.2089457995154
Nov. 2027
$47.2659302926721
Date
Price
Dec. 2027
$47.3387673020493
Jan. 2028
$46.9734212160435
Feb. 2028
$46.9529488038627
Mar. 2028
$47.4027318930783
Apr. 2028
$48.0903755071589
May. 2028
$49.0266270559866
Jun. 2028
$50.1553442329902
Jul. 2028
$51.774574444689
Aug. 2028
$54.4323801424467
Sep. 2028
$59.1216507894061
Oct. 2028
$66.466432782191
Nov. 2028
$75.8000366634916
Dec. 2028
$84.2378174178518
Jan. 2029
$91.471832812821
Feb. 2029
$98.4002488483096
Mar. 2029
$102.433802724088
Apr. 2029
$103.161133081335
May. 2029
$101.579312589812
Jun. 2029
$97.6121424253778
Jul. 2029
$91.741679098989
Aug. 2029
$84.8630803062101
Sep. 2029
$78.73832515207
Oct. 2029
$74.0631360034499
Nov. 2029
$71.2178068917993
Dec. 2029
$69.3513273344131
Jan. 2030
$68.1244520978558
Feb. 2030
$68.4402547384367
Mar. 2030
$63.418923437431
Apr. 2030
$59.6488249339791
May. 2030
$57.0216048190037
Jun. 2030
$54.7065621299248
Jul. 2030
$52.041447084395
Aug. 2030
$49.4386261198771
Sep. 2030
$48.4809837249381
Oct. 2030
$48.1595699729096
Nov. 2030
$48.0308159332082
Dec. 2030
$47.8217699732442
Jan. 2031
$47.5922619984647
Feb. 2031
$47.5934819559875
Mar. 2031
$47.8599317695067

Analyst rating for Progressive Corporation stock

Date
Firm
Analysis
2021-01-08
Goldman Sachs
Analyst rating is Sell. Prior analyst rating was Neutral
2020-10-19
Raymond James
Price target is $115.0000. Prior price target was $110.0000.
 Analyst rating is Strong Buy.
2020-10-15
Morgan Stanley
Price target is $102.0000. Analyst rating is Equal-Weight. Prior analyst rating was Overweight
2020-09-22
Keefe, Bruyette & Woods
Price target is $87.0000. Analyst rating is Underperform. Prior analyst rating was Market Perform
2020-09-14
Raymond James
Price target is $110.0000. Prior price target was $100.0000.
 Analyst rating is Strong Buy.
2020-08-21
Deutsche Bank
Price target is $99.0000. Prior price target was $95.0000.
 Analyst rating is Buy.
2020-08-20
Morgan Stanley
Price target is $98.0000. Prior price target was $96.0000.
 Analyst rating is Overweight.
2020-08-19
Morgan Stanley
Price target is $96.0000. Prior price target was $94.0000.
 Analyst rating is Overweight.
2020-07-21
Raymond James
Price target is $100.0000. Prior price target was $95.0000.
 Analyst rating is Strong Buy.
2020-06-11
Piper Sandler
Price target is $88.0000. Analyst rating is Neutral. Prior analyst rating was Overweight
2020-05-18
Morgan Stanley
Price target is $94.0000. Prior price target was $88.0000.
 Analyst rating is Overweight.
2020-05-08
Deutsche Bank
Price target is $90.0000. Prior price target was $88.0000.
 Analyst rating is Buy.
2020-04-17
Deutsche Bank
Price target is $88.0000. Prior price target was $86.0000.
 Analyst rating is Buy.
2020-04-06
Piper Sandler
Price target is $83.0000. Prior price target was $88.0000.
 Analyst rating is Overweight.
2020-04-03
Raymond James
Price target is $90.0000. Prior price target was $85.0000.
 Analyst rating is Strong Buy. Prior analyst rating was Outperform
2020-04-01
Wells Fargo
Price target is $85.0000. Prior price target was $76.0000.
 Analyst rating is Equal-Weight.
2020-04-01
Morgan Stanley
Price target is $88.0000. Prior price target was $82.0000.
 Analyst rating is Equal-Weight.
2020-03-18
Deutsche Bank
Price target is $86.0000. Prior price target was $88.0000.
 Analyst rating is Buy.
2020-03-11
Piper Sandler
Price target is $88.0000. Prior price target was $90.0000.
 Analyst rating is Overweight.
2020-03-11
B. Riley FBR
Price target is $83.0000. Prior price target was $96.0000.
 Analyst rating is Neutral. Prior analyst rating was Buy
2020-03-11
B. Riley
Price target is $83.0000. Prior price target was $96.0000.
 Analyst rating is Neutral. Prior analyst rating was Buy
2020-02-28
Morgan Stanley
Price target is $82.0000. Prior price target was $79.0000.
 Analyst rating is Equal-Weight.
2020-02-20
Morgan Stanley
Price target is $79.0000. Prior price target was $74.0000.
 Analyst rating is Equal-Weight.
2020-01-30
Deutsche Bank
Price target is $88.0000. Prior price target was $84.0000.
 Analyst rating is Buy.
2020-01-02
Deutsche Bank
Price target is $84.0000. Analyst rating is Buy. Prior analyst rating was Hold
2019-12-16
Morgan Stanley
Price target is $74.0000. Prior price target was $84.0000.
 Analyst rating is Equal-Weight. Prior analyst rating was Overweight
2019-12-06
Buckingham
Price target is $72.0000. Prior price target was $78.0000.
 Analyst rating is Neutral.
2019-11-18
Goldman Sachs
Price target is $81.0000. Prior price target was $91.0000.
 Analyst rating is Neutral. Prior analyst rating was Buy
2019-10-18
Credit Suisse
Price target is $85.0000. Prior price target was $90.0000.
 Analyst rating is Outperform.
2019-10-17
Evercore ISI Group
Analyst rating is In-Line.

Financial Data for Progressive Corporation stock

Market Cap
50954215424
Held Percent By Insiders
0.301%
Held Percent By Institutions
84.287%
Sector
Financial Services
Website
http://www.progressive.com
currency
USD

Dividend Rate
4.9
Dividend Yield
5.510000000000001%
Forward PE
14.794217
Trailing PE
9.005176
Enterprise Value
5.2823543808E10
Enterprise To Ebitda
6.841
Enterprise To Revenue
1.239

Average 10 day Volume
3489428
Average Volume
2938645
Fifty Two Week High
$102.05
Fifty Two Week Low
$62.18

Frequently Asked Questions for Progressive Corporation stock

Is Progressive Corporation a good long term stock?

For 1 year investment, Progressive Corporation (PGR) stock cannot be a good investment choice. According to AI Pickup, the Progressive Corporation stock price forecast for Mar. 2022 is $48.357182296885
For 5 year investment, Progressive Corporation (PGR) stock can be a good investment choice. According to AI Pickup, the Progressive Corporation stock price forecast for Mar. 2026 is $90.7502903222311
For 10 year investment, Progressive Corporation (PGR) stock cannot be a good investment choice. According to AI Pickup, the Progressive Corporation stock price forecast for Mar. 2031 is $47.8599317695067

Is Progressive Corporation stock overvalued?

Progressive Corporation (PGR) stock is expected to go DOWN . Therefore, AI Pickup would say that Progressive Corporation (PGR) stock is overvalued.

Will Progressive Corporation stock price go up?

No. The Progressive Corporation stock price forecast for Mar. 2022 is $48.357182296885

14 Days Historical Data for Progressive Corporation stock

Date
Close
Open
Low
High
2021-02-12
$86.27
$86.0
$85.75
$86.62
2021-02-16
$85.13
$86.5
$84.89
$87.16
2021-02-17
$86.25
$85.08
$85.08
$86.43
2021-02-18
$88.1
$86.28
$86.01
$88.52
2021-02-19
$87.06
$88.45
$87.04
$88.72
2021-02-22
$87.79
$87.0
$86.43
$88.11
2021-02-23
$89.75
$88.44
$88.0
$90.49
2021-02-24
$87.74
$89.75
$87.73
$91.0
2021-02-25
$87.11
$87.74
$86.63
$88.64
2021-02-26
$85.95
$87.61
$85.5
$87.68
2021-03-01
$87.64
$86.48
$86.48
$88.25
2021-03-02
$88.71
$87.77
$87.33
$89.24
2021-03-03
$88.86
$88.41
$87.87
$90.38
2021-03-04
$86.99
$88.68
$86.76
$89.3