Roadzen, Inc. (RDZN)
| Market Cap | 80.87M |
| Revenue (ttm) | 42.89M |
| Net Income (ttm) | -106.71M |
| Shares Out | 74.19M |
| EPS (ttm) | -1.56 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 180,380 |
| Open | 1.150 |
| Previous Close | 1.120 |
| Day's Range | 1.080 - 1.190 |
| 52-Week Range | 0.710 - 6.990 |
| Beta | 0.20 |
| Analysts | Strong Buy |
| Price Target | 5.00 (+358.72%) |
| Earnings Date | Feb 12, 2025 |
About RDZN
Roadzen, Inc. operates as an insurance technology company. It focuses on transforming auto insurance using advanced artificial intelligence (AI). The company’s clients use its technology to develop and sell new products, sell insurance, process claims, and improve road safety. Its solutions suite includes products that support the insurance lifecycle comprising Via, xClaim, StrandD, Global Distribution Network, Drivebuddy AI, and Good Driving. The company also offers insurance broker services. It serves insurers, carmakers, fleets, automakers, ... [Read more]
Financial Performance
In 2023, Roadzen's revenue was $46.72 million, an increase of 244.56% compared to the previous year's $13.56 million. Losses were -$99.67 million, 604.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for RDZN stock is "Strong Buy." The 12-month stock price forecast is $5.0, which is an increase of 358.72% from the latest price.
News
Roadzen Reports Fiscal Third Quarter and First Nine-Months FY2025 Financial Results
NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its financial ...
Roadzen Strengthens Balance Sheet, Eliminates $5.5 Million in Short-Term Liabilities By Paying $1.65 million in Cash
Roadzen has eliminated a total of $12.6 million in short-term liabilities over the last six months utilizing $1.65 million in cash and approximately 1.2 million ordinary shares priced at $2.80 per sha...
Roadzen Adds DeepSeek R1 to Mixtape, Delivering Advanced Reasoning and Data Sovereignty for Insurance and Mobility AI Agents
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and mobility, today announced the integrati...
Roadzen Inc. Announces Closing of Public Offering
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the closing o...
Roadzen Inc. Announces Pricing of Offering
NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing o...
Roadzen Partners with Simple Energy and a Leading Global Reinsurer to Provide AI-Driven Extended Warranty for Electric Two-Wheelers
NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced its partnershi...
Roadzen's drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety
Partnership expands global opportunity for Roadzen's AI-powered ADAS and DMS platform for Fleets and OEMs Partnership expands global opportunity for Roadzen's AI-powered ADAS and DMS platform for Flee...
Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that its exist...
Roadzen Inc. Announces Pricing of Public Offering
NEW YORK, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing o...
Roadzen Wins Prestigious IFTA Excellence in InsurTech Award
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, announced that it was honored ...
Roadzen and Mizuho Agree To Extend Senior Debt Maturity by Full year to December 31, 2025
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the intersection of insurance and mobility, today announced that it has r...
Roadzen Partners with Cimarron Underwriters, LLC to Secure MGA Licensing Capabilities Across All 50 U.S. States
NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has ex...
Roadzen's National Automobile Club Signs Contract with Motive, One of the Largest AI-powered Fleet Management Companies
New partnership delivers emergency roadside assistance and towing services with substantial savings to all Motive customers New partnership delivers emergency roadside assistance and towing services w...
Roadzen Chosen by One of the World's Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that a leading...
Roadzen's DrivebuddyAI Secures India's Only ARAI Certification for AI-Powered Advanced Driver Safety; Surpasses One Billion Kilometers of Real-World Driving Data
NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced two major mile...
Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results
NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its second qua...
Roadzen Unveils MixtapeAI: Next-Generation AI Agents for the Insurance Industry
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a pioneer in AI-driven insurance technology, has launched MixtapeAI, a platform designed to power ...
System1 And 2 Other Stocks Under $2 Executives Are Buying
The Dow Jones index closed higher by more than 1% on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.
Roadzen Reports its Best Fiscal First Quarter Results in Q1 2025 Buoyed By Strong Year-Over-Year Revenue Growth and Addition of Several Marquee Clients
NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its first quar...
Roadzen Secures Mizuho Debt Extension and Facility Increase
Additional $4 Million and Extension of Maturity on Existing $7.5 Million Facility Additional $4 Million and Extension of Maturity on Existing $7.5 Million Facility
Roadzen CEO and Chairman Agree to Exchange $3.5 Million of Short-Term Debt for Equity in the Company
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced that the Compa...
Roadzen Earnings: Avoid Or Become Roadkill
Roadzen's share price surged over 50% premarket, providing relief to shareholders after a significant decline in the past 2 months. Despite a promising AI-driven value proposition in auto insurance, R...
Roadzen Reports Record Revenue Growth in its First Fiscal Year as a Public Company
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its results fo...
Roadzen's xClaim Platform Selected by Top 6 Indian P&C Insurer to Bring AI to Claims Processing
Oriental Insurance Company Limited (OICL), one of the leading Property & Casualty insurance carriers in India, partners with Roadzen for advanced claims management Oriental Insurance Company Limited (...
Roadzen Onboards New Commercial Auto Insurance Partner in India, Projected to Deliver Over $10 Million in Annual Revenue
Roadzen's New Partnership with Commercial Auto Agency Network Adds 1,200 Strong Salesforce, Expected to Deliver Upwards of $65 Million in Gross Written Premium Providing Coverage for Over 300,000 Vehi...