The Progressive Corporation (NYSE:PGR) is one of the 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds.
The Progressive Corporation (NYSE:PGR) saw mixed analyst sentiments on February 23, 2026. UBS analyst Brian Meredith lowered the price target on The Progressive Corporation (NYSE:PGR) from $226 to $218, while maintaining a Neutral rating on the shares. On the other hand, Morgan Stanley analyst Bob Huang reiterated a Sell rating on the stock with a price target of $205 on the same day.
Previously, on February 19, 2026, Roth Capital lowered the price target on the stock from $260 to $235 and kept a Buy rating on the shares. In a research note, the analyst observed that year-over-year growth in personal auto policies-in-force reached 12.1%, down from December’s 12.6%. Additionally, the sequential growth rate rose modestly from 0.8% in December to 0.9%.
CNN noted 41% of 27 analyst ratings support a Buy on the stock as of February 24, 2026, with a 1-year average upside of 14.63%.
Founded in 1937, The Progressive Corporation (NYSE:PGR) is a leading American insurance holding company and the second-largest personal auto insurer in the U.S., with headquarters located in Ohio.
While we acknowledge the potential of PGR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Dividend Stocks With High Insider Buying and 10 Best Stocks to Buy in 2026 According to Reddit
Disclosure: None. Follow Insider Monkey on Google News.
