PROG (PRG) Stock Forecast, Price Target & Predictions
PRG Stock Forecast
PROG stock forecast is as follows: an average price target of $55.00 (represents a 18.66% upside from PRG’s last price of $46.35) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
PRG Price Target
The average price target for PROG (PRG) is $55.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $55.00. This represents a potential 18.66% upside from PRG's last price of $46.35.
PRG Analyst Ratings
According to 6 Wall Street analysts, PROG's rating consensus is 'Buy'. The analyst rating breakdown for PRG stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PROG Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 10, 2024 | Bradley Thomas | KeyBanc | $55.00 | $45.81 | 20.06% | 18.66% |
| Aug 19, 2024 | Anthony Chukumba | Loop Capital Markets | $55.00 | $43.81 | 25.54% | 18.66% |
| Apr 25, 2024 | Anthony Chukumba | Loop Capital Markets | $35.00 | $35.66 | -1.85% | -24.49% |
| Jun 05, 2023 | Anthony Chukumba | Loop Capital Markets | $34.00 | $32.97 | 3.12% | -26.65% |
The latest PROG stock forecast, released on Sep 10, 2024 by Bradley Thomas from KeyBanc, set a price target of $55.00, which represents a 20.06% increase from the stock price at the time of the forecast ($45.81), and a 18.66% increase from PRG last price ($46.35).
PROG Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 3 |
| Avg Price Target | $55.00 | $55.00 | $48.33 |
| Last Closing Price | $46.35 | $46.35 | $46.35 |
| Upside/Downside | 18.66% | 18.66% | 4.27% |
In the current month, the average price target of PROG stock is $55.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 18.66% increase as opposed to PROG's last price of $46.35. This month's average price target is down 0.00% compared to last quarter, and up 13.80% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 19, 2024 | Loop Capital Markets | Hold | Buy | Upgrade |
| Jul 25, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Jul 25, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 25, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jun 06, 2024 | BTIG | - | Neutral | Initialise |
| Apr 25, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Apr 25, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 05, 2023 | Loop Capital Markets | - | Hold | Downgrade |
| Feb 24, 2022 | Raymond James | Outperform | Outperform | Hold |
PROG's last stock rating was published by KeyBanc on Sep 10, 2024. The company gave PRG a "Overweight" rating, the same as its previous rate.
PROG Financial Forecast
PROG Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $582.88M | $574.84M | $655.14M | $612.10M | $625.82M | - | $710.46M | $646.54M | $650.40M | $659.97M | $721.00M | $605.65M | $1.05B | $1.03B | $1.10B | $1.00B | $963.81M |
| Avg Forecast | $667.28M | $684.89M | $695.53M | $706.88M | $646.83M | $635.69M | $634.26M | $668.28M | $604.47M | $601.86M | $573.23M | $633.36M | $564.03M | $570.10M | $573.20M | $642.58M | $600.47M | $627.13M | $651.34M | $727.26M | $659.75M | $678.38M | $656.57M | $662.56M | $610.64M | $1.01B | $982.57M | $1.05B | $1.01B | $975.27M |
| High Forecast | $682.18M | $700.18M | $711.06M | $722.67M | $661.27M | $649.89M | $648.42M | $683.20M | $617.96M | $607.23M | $586.03M | $647.51M | $567.15M | $574.67M | $586.00M | $656.93M | $613.88M | $641.13M | $651.34M | $738.25M | $669.72M | $688.63M | $666.50M | $672.57M | $619.87M | $1.03B | $997.41M | $1.06B | $1.02B | $990.01M |
| Low Forecast | $618.65M | $634.97M | $644.84M | $655.37M | $599.69M | $589.36M | $588.03M | $619.58M | $560.41M | $597.76M | $531.46M | $587.20M | $558.62M | $567.70M | $531.42M | $595.75M | $556.71M | $581.43M | $651.34M | $718.20M | $651.53M | $669.93M | $648.39M | $654.31M | $603.03M | $999.87M | $970.32M | $1.03B | $994.61M | $963.12M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.02% | 1.02% | 1.00% | - | 0.98% | 0.98% | 0.96% | 1.01% | 1.09% | 0.99% | 1.04% | 1.05% | 1.05% | 1.00% | 0.99% |
PROG's average Quarter revenue forecast for Dec 23 based on 3 analysts is $564.03M, with a low forecast of $558.62M, and a high forecast of $567.15M. PRG's average Quarter revenue forecast represents a -3.23% decrease compared to the company's last Quarter revenue of $582.88M (Sep 23).
PROG EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $473.69M | $59.30M | $511.52M | $461.45M | $60.06M | - | $57.95M | $68.09M | $86.92M | $99.44M | $113.22M | $1.49B | $201.04M | $707.54M | $746.05M | $492.75M | $627.01M |
| Avg Forecast | $322.51M | $331.01M | $336.16M | $341.64M | $312.62M | $307.24M | $306.54M | $322.99M | $292.15M | $290.89M | $277.05M | $88.33M | $272.60M | $275.54M | $277.03M | $80.30M | $290.22M | $88.18M | $314.80M | $73.00M | $70.07M | $80.16M | $72.85M | $74.65M | $159.38M | $489.35M | $474.89M | $505.86M | $486.77M | $471.36M |
| High Forecast | $329.71M | $338.41M | $343.66M | $349.27M | $319.60M | $314.10M | $313.39M | $330.20M | $298.67M | $293.48M | $283.24M | $105.99M | $274.11M | $277.74M | $283.22M | $96.36M | $296.70M | $105.81M | $314.80M | $87.60M | $84.08M | $96.19M | $87.42M | $89.58M | $191.26M | $496.74M | $482.06M | $513.50M | $494.13M | $478.48M |
| Low Forecast | $299.00M | $306.89M | $311.66M | $316.75M | $289.84M | $284.85M | $284.20M | $299.45M | $270.85M | $288.90M | $256.86M | $70.66M | $269.99M | $274.38M | $256.84M | $64.24M | $269.07M | $70.54M | $314.80M | $58.40M | $56.05M | $64.13M | $58.28M | $59.72M | $127.50M | $483.25M | $468.97M | $499.56M | $480.70M | $465.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.72% | 0.21% | 6.37% | 1.59% | 0.68% | - | 0.79% | 0.97% | 1.08% | 1.37% | 1.52% | 9.35% | 0.41% | 1.49% | 1.47% | 1.01% | 1.33% |
3 analysts predict PRG's average Quarter EBITDA for Dec 23 to be $272.60M, with a high of $274.11M and a low of $269.99M. This is -42.45% lower than PROG's previous annual EBITDA (Sep 23) of $473.69M.
PROG Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.01M | $37.22M | $48.03M | $36.09M | $16.00M | - | $27.14M | $37.82M | $57.41M | $68.84M | $79.49M | $335.91M | $109.34M | $68.38M | $-280.00M | $-107.06M | $39.80M |
| Avg Forecast | $47.66M | $43.72M | $45.91M | $51.59M | $39.35M | $41.43M | $43.18M | $45.53M | $32.42M | $34.92M | $32.14M | $41.36M | $29.91M | $27.54M | $28.42M | $37.60M | $25.65M | $58.85M | $18.63M | $34.18M | $38.92M | $53.50M | $50.43M | $52.41M | $38.55M | $55.13M | $31.29M | $29.87M | $40.34M | $31.28M |
| High Forecast | $49.04M | $44.99M | $47.24M | $53.09M | $40.49M | $42.64M | $44.44M | $46.85M | $33.36M | $35.94M | $33.07M | $49.63M | $31.69M | $28.42M | $29.24M | $45.12M | $26.39M | $70.62M | $18.63M | $41.02M | $46.70M | $64.20M | $60.51M | $62.89M | $46.26M | $56.21M | $31.90M | $30.46M | $41.13M | $31.90M |
| Low Forecast | $43.14M | $39.58M | $41.56M | $46.70M | $35.62M | $37.51M | $39.09M | $41.22M | $29.35M | $31.61M | $29.10M | $33.09M | $28.57M | $26.67M | $25.73M | $30.08M | $23.22M | $47.08M | $18.63M | $27.35M | $31.13M | $42.80M | $40.34M | $41.93M | $30.84M | $54.23M | $30.78M | $29.39M | $39.69M | $30.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.31% | 1.28% | 1.41% | 0.27% | - | 0.79% | 0.97% | 1.07% | 1.37% | 1.52% | 8.71% | 1.98% | 2.19% | -9.37% | -2.65% | 1.27% |
PROG's average Quarter net income forecast for Dec 23 is $29.91M, with a range of $28.57M to $31.69M. PRG's average Quarter net income forecast represents a -14.59% decrease compared to the company's last Quarter net income of $35.01M (Sep 23).
PROG SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $87.67M | - | $84.89M | $22.28M | $87.60M | - | $97.49M | $-250.81M | $89.58M | $63.09M | $57.03M | $-470.10M | $236.17M | $234.97M | $260.78M | $450.42M | $242.22M |
| Avg Forecast | $55.99M | $57.47M | $58.36M | $59.32M | $54.28M | $53.34M | $53.22M | $56.08M | $50.72M | $50.50M | $48.10M | $148.61M | $47.33M | $47.84M | $48.10M | $135.10M | $50.39M | $91.82M | $54.66M | $122.82M | $-258.08M | $83.47M | $46.22M | $37.60M | $-443.98M | $84.96M | $82.45M | $87.83M | $84.51M | $81.84M |
| High Forecast | $57.24M | $58.75M | $59.67M | $60.64M | $55.49M | $54.53M | $54.41M | $57.33M | $51.86M | $50.95M | $49.18M | $178.33M | $47.59M | $48.22M | $49.17M | $162.12M | $51.51M | $110.19M | $54.66M | $147.38M | $-206.47M | $100.17M | $55.46M | $45.12M | $-355.18M | $86.25M | $83.70M | $89.16M | $85.79M | $83.08M |
| Low Forecast | $51.91M | $53.28M | $54.11M | $54.99M | $50.32M | $49.46M | $49.34M | $51.99M | $47.03M | $50.16M | $44.60M | $118.89M | $46.88M | $47.64M | $44.59M | $108.08M | $46.72M | $73.46M | $54.66M | $98.25M | $-309.70M | $66.78M | $36.97M | $30.08M | $-532.78M | $83.90M | $81.42M | $86.73M | $83.46M | $80.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.83% | - | 0.63% | 0.44% | 0.95% | - | 0.79% | 0.97% | 1.07% | 1.37% | 1.52% | 1.06% | 2.78% | 2.85% | 2.97% | 5.33% | 2.96% |
PROG's average Quarter SG&A projection for Dec 23 is $47.33M, based on 3 Wall Street analysts, with a range of $46.88M to $47.59M. The forecast indicates a -46.02% fall compared to PRG last annual SG&A of $87.67M (Sep 23).
PROG EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.77 | $0.80 | $1.00 | $0.74 | $0.32 | - | $0.49 | $0.60 | $0.87 | $1.03 | $1.17 | $4.96 | $1.62 | $1.02 | $-4.19 | $-1.60 | $0.59 |
| Avg Forecast | $1.09 | $1.00 | $1.05 | $1.18 | $0.90 | $0.95 | $0.99 | $1.04 | $0.74 | $0.80 | $0.74 | $0.82 | $0.68 | $0.63 | $0.65 | $0.84 | $0.59 | $0.68 | $0.42 | $0.80 | $0.70 | $0.90 | $0.81 | $0.91 | $0.92 | $1.22 | $0.69 | $0.66 | $0.89 | $0.69 |
| High Forecast | $1.12 | $1.03 | $1.08 | $1.21 | $0.93 | $0.98 | $1.02 | $1.07 | $0.76 | $0.82 | $0.76 | $0.85 | $0.72 | $0.65 | $0.67 | $0.87 | $0.60 | $0.70 | $0.42 | $0.82 | $0.71 | $0.92 | $0.83 | $0.93 | $0.93 | $1.25 | $0.71 | $0.68 | $0.91 | $0.71 |
| Low Forecast | $0.99 | $0.91 | $0.95 | $1.07 | $0.81 | $0.86 | $0.89 | $0.94 | $0.67 | $0.72 | $0.67 | $0.75 | $0.65 | $0.61 | $0.59 | $0.76 | $0.53 | $0.61 | $0.42 | $0.79 | $0.69 | $0.89 | $0.80 | $0.90 | $0.90 | $1.20 | $0.68 | $0.65 | $0.88 | $0.68 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.23% | 1.19% | 1.26% | 0.47% | - | 0.61% | 0.86% | 0.97% | 1.27% | 1.28% | 5.42% | 1.32% | 1.47% | -6.32% | -1.79% | 0.85% |
According to 3 Wall Street analysts, PROG's projected average Quarter EPS for Dec 23 is $0.68, with a low estimate of $0.65 and a high estimate of $0.72. This represents a -11.17% decrease compared to PRG previous annual EPS of $0.77 (Sep 23).
PROG Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CURO | CURO Group | $0.07 | $23.00 | 32757.14% | Buy |
| AAN | Aaron's Company | $10.04 | $13.03 | 29.78% | Hold |
| PRG | PROG | $46.35 | $55.00 | 18.66% | Buy |
| ATGE | Adtalem Global Education | $72.86 | $49.80 | -31.65% | Buy |
| PIPR | Piper Sandler Companies | $267.64 | $162.33 | -39.35% | Buy |
| EPAC | Enerpac Tool Group | $41.21 | $23.00 | -44.19% | Hold |
PRG Forecast FAQ
Is PROG a good buy?
Yes, according to 6 Wall Street analysts, PROG (PRG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of PRG's total ratings.
What is PRG's price target?
PROG (PRG) average price target is $55 with a range of $55 to $55, implying a 18.66% from its last price of $46.35. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PROG stock go up soon?
According to Wall Street analysts' prediction for PRG stock, the company can go up by 18.66% (from the last price of $46.35 to the average price target of $55), up by 18.66% based on the highest stock price target, and up by 18.66% based on the lowest stock price target.
Can PROG stock reach $70?
PRG's average twelve months analyst stock price target of $55 does not support the claim that PROG can reach $70 in the near future.
What is PROG's current price target trend?
2 Wall Street analysts forecast a $55 price target for PROG (PRG) this month, up 18.66% from its last price of $46.35. Compared to the last 3 and 12 months, the average price target increased by 18.66% and increased by 4.27%, respectively.
What are PROG's analysts' financial forecasts?
PROG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.59B (high $2.64B, low $2.4B), average EBITDA is $1.25B (high $1.28B, low $1.16B), average net income is $169.5M (high $174.42M, low $153.44M), average SG&A $216.92M (high $221.77M, low $201.11M), and average EPS is $3.88 (high $3.99, low $3.51). PRG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.75B (high $2.82B, low $2.55B), average EBITDA is $1.33B (high $1.36B, low $1.23B), average net income is $188.87M (high $194.36M, low $170.98M), average SG&A $231.15M (high $236.31M, low $214.3M), and average EPS is $4.32 (high $4.45, low $3.91).
Did the PRG's actual financial results beat the analysts' financial forecasts?
Based on PROG's last annual report (Dec 2022), the company's revenue was $2.6B, which missed the average analysts forecast of $2.61B by -0.32%. Apple's EBITDA was $1.95B, beating the average prediction of $766.19M by 154.97%. The company's net income was $98.71M, missing the average estimation of $137.31M by -28.11%. Apple's SG&A was $297.34M, missing the average forecast of $319.68M by -6.99%. Lastly, the company's EPS was $1.9, missing the average prediction of $2.48 by -23.52%. In terms of the last quarterly report (Sep 2023), PROG's revenue was $582.88M, beating the average analysts' forecast of $570.1M by 2.24%. The company's EBITDA was $473.69M, beating the average prediction of $275.54M by 71.92%. PROG's net income was $35.01M, beating the average estimation of $27.54M by 27.11%. The company's SG&A was $87.67M, beating the average forecast of $47.84M by 83.26%. Lastly, the company's EPS was $0.77, beating the average prediction of $0.63 by 22.22%