Progressive Corp earnings expectations in focus, shares trade near technical buy zone

By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-25, 19:57.

Progressive Corp (US7433151039) heads toward its next earnings release with analysts expecting a year-on-year decline in quarterly profit, while its NYSE-listed shares remain supported by favorable technical signals and a moderately bullish Street stance. Barchart outlines the current earnings expectations

What analysts expect next

Progressive is due to report fiscal second-quarter 2026 figures soon, with consensus looking for diluted EPS of about $4.47, down 8.4% from $4.88 a year earlier, according to Barchart. The Barchart earnings preview summarizes these forecasts

For the full year 2026, analysts expect EPS of roughly $16.91 compared with $18.25 in fiscal 2025, implying a 7.3% decline, before a further projected drop of about 3.1% to $16.39 in 2027.

Street view and recent performance

Across 25 analysts tracked, the average recommendation on Progressive stock is described as a “Moderate Buy”, with eight rating it “Strong Buy”, one “Moderate Buy”, fifteen “Hold” and one “Moderate Sell”.

Barchart notes an average analyst price target around $234.55 per share for Progressive, implying roughly 6.4% upside from the current area, while the shares have lagged the S&P 500 over the past 12 months, down about 17.1% versus a roughly 20.8% index gain.

Technical picture around the NYSE listing

On the technical side, Progressive shares recently traded near $220 on the NYSE, above key moving averages that many traders watch for trend confirmation. Investing.com’s technical dashboard currently rates the setup as a Strong Buy on daily indicators

Investing.com shows a last price of about $218.30 with the 14-day Relative Strength Index near 64, which sits below classical overbought territory but indicates firm buying interest on a momentum basis.

How Progressive makes its money

Progressive generates most of its revenue from property and casualty insurance, with a strong position in U.S. personal auto policies and additional exposure to commercial auto and homeowners coverage, according to its recent filings.

Where the stock trades today

The Progressive Corp shares (US7433151039) most recently changed hands on the NYSE around $220 per share on 2026-06-25, 15:50 (GMT), based on Investing.com data, with the price quoted in U.S. dollars.

This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. Figures and estimates are based on sources cited and may change without notice.