Roadzen, Inc. (RDZN)

Market Cap	168.36M
Revenue (ttm)	46.45M
Net Income (ttm)	-134.73M
Shares Out	68.44M
EPS (ttm)	-1.97
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,938,700
Open	2.060
Previous Close	2.050
Day's Range	1.740 - 2.500
52-Week Range	0.710 - 7.170
Beta	0.71
Analysts	Strong Buy
Price Target	5.00 (+103.25%)
Earnings Date	Feb 10, 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, ...

• Industry: Software - Application
• Sector: Technology
• Founded: 2015
• Employees: 379
• Stock Exchange: NASDAQ
• Ticker Symbol: RDZN
• Website: https://www.roadzen.ai

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.

Analyst 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 103.25% from the latest price.

Price Target

$5.0

(103.25% upside)

Analyst Consensus: Strong Buy