Progressive Analysts Cut Their Forecasts After Q4 Earnings

by | Jan 29, 2026 | General

Progressive Corp (NYSE:PGR) reported better-than-expected fourth-quarter financial results on Wednesday.

Progressive reported quarterly earnings of $4.67 per share which beat the analyst consensus estimate of $4.41 per share. The company reported quarterly sales of $21.093 billion which beat the analyst consensus estimate of $20.101 billion.

Progressive shares rose 0.1% to $212.76 in pre-market trading.

These analysts made changes to their price targets on Progressive following earnings announcement.

  • BMO Capital analyst Michael Zaremski maintained Progressive with a Market Perform and lowered the price target from $239 to $232.
  • Wells Fargo analyst Elyse Greenspan maintained the stock with an Equal-Weight rating and cut the price target from $240 to $220.

Considering buying PGR stock? Here’s what analysts think:

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