Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Avi Kapoor

These Analysts Revise Their Forecasts On Progressive After Q3 Earnings

Progressive PGR
Two,Diverse,Crypto,Traders,Brokers,Stock,Exchange,Market,Investors,Discussing

The Progressive Corporation (NYSE:PGR) reported weaker-than-expected earnings for the third quarter on Wednesday.

The company posted quarterly earnings of $4.06 per share which missed the analyst consensus estimate of $5.04 per share. The company reported quarterly sales of $20.849 billion which missed the analyst consensus estimate of $21.819 billion.

Progressive shares fell 2.2% to $221.57 on Thursday.

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

  • B of A Securities analyst Joshua Shanker maintained Progressive with a Buy and raised the price target from $350 to $351.
  • Citigroup analyst Matthew Heimermann maintained the stock with a Buy and lowered the price target from $312 to $301.38.
  • Wells Fargo analyst Elyse Greenspan maintained Progressive with an Equal-Weight rating and lowered the price target from $266 to $246.
  • BMO Capital analyst Michael Zaremski maintained the stock with a Market Perform and cut the price target from $252 to $247.
  • Keefe, Bruyette & Woods analyst Meyer Shields maintained Progressive with a Market Perform and lowered the price target from $270 to $262.

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

Read This Next:

Photo via Shutterstock

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Man asks to ‘bring back the women who rub backs and pack lunches.’ Then women respond—and it isn’t pretty
The rise of the ‘manosphere’ and ‘tradwives’ has skewed the internet’s idea of what it means to be a woman and how they should act in relationships. So much so that misogynistic reels like the one user Dea (@theamazingdea253) makes fun of have sadly become commonplace.
The Mary Sue
The Mary Sue
10 Common Makeup Tips That Are Actually Ruining Your Skin
We all learned makeup from somewhere. Maybe it was magazines, or YouTube tutorials, or a tip from a friend. We build a routine. We find what works. But what if those trusted ‘hacks’ are the real reason for your breakouts? What if your favorite tips are secretly sabotaging your skin?…
Budget and the Bees
Budget and the Bees
That Time Josh Hutcherson's Great Grandma Watched Him Film A Literal Orgy
That sounds just a tad awkward.
Cinemablend
Cinemablend
Dictionary.com Has Revealed Its 2025 Word Of The Year & The Internet Is Confused
“The world is doomed.”
Pedestrian.tv
Pedestrian.tv
Pringles Parent Kellanova Defies Falling Snack Demand With Strength In Emerging Markets
Kellanova (NYSE:K) reported third-quarter 2025 results on Thursday that topped Wall Street estimates, posting adjusted earnings per share of 94 cents, which beat the 87-cent estimate, and revenue of $3.26 billion, exceeding the $3.245 billion estimate.
Benzinga
Benzinga
Tall humanoid with raw crimson skin takes over television stations with a dark prophecy. Then viewers wake up trapped in their own bodies
Four million people watched it, and now they can't unsee it.
We Got This Covered
We Got This Covered
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play