Progressive stock rises as Q1 profit jumps on robust premiums

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Go back to Progressive stock rises as Q1 profit jumps on robust premiums

Goldman on Progressive Corp. (PGR): 'We think the reactions could be mixed'

April 15, 2026 9:41 AM EDT

Goldman Sachs analyst Alex Scott reiterated a Buy rating and $216.00 price target on Progressive Corp. (NYSE: PGR).

The analyst comments "PGR March operating EPS of $1.51 beat Visible Alpha Consensus Data/GSe of $1.41/$1.48, with the beat vs. GS driven by greater net favorable PYD (1.9pp vs GSe 0.2pp unfav) and strong Personal Auto/Property earnings, which was partially... More