Roadzen Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Roadzen stock have an average target of 5.00, with a low estimate of 4.00 and a high estimate of 6.00. The average target predicts an increase of 103.25% from the current stock price of 2.46.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$5.00	$6.00	$6.00
Change	+62.60%	+103.25%	+143.90%	+143.90%

* Price targets were last updated on Nov 15, 2024.

Analyst Ratings

The average analyst rating for Roadzen stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	2	2	2
Buy	0	0	0	0
Hold	0	0	0	0
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	1	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Allen Klee Maxim Group	Maxim Group	Strong Buy Maintains $7 → $4	Strong Buy	Maintains	$7 → $4	+62.60%	Nov 15, 2024
Ashok Kumar ThinkEquity	ThinkEquity	Strong Buy Initiates $6	Strong Buy	Initiates	$6	+143.90%	Oct 28, 2024
Allen Klee Maxim Group	Maxim Group	Strong Buy Initiates $10	Strong Buy	Initiates	$10	+306.50%	May 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

48.77M

from 46.72M

4.38%

from 46.72M

Revenue Next Year

78.78M

from 48.77M

61.53%

from 48.77M

EPS This Year

-1.18

from -2.26

EPS Next Year

-0.23

from -1.18

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	1.16M	9.99M	13.56M	46.72M	48.77M	78.78M	151.50M	209.06M
Revenue Growth	-	757.52%	35.76%	244.56%	4.38%	61.53%	92.31%	37.99%
EPS	-25.91	-16.21	-0.86	-2.26	-1.18	-0.23	-	-
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	4	4	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	50.2M	81.1M	156.0M
Avg	48.8M	78.8M	151.5M
Low	46.9M	75.7M	145.6M

Revenue Growth

Revenue Growth	2025	2026	2027
High	7.4%	66.3%	98.0%
Avg	4.4%	61.5%	92.3%
Low	0.3%	55.2%	84.8%

EPS Forecast

EPS	2025	2026
High	-1.22	-0.24
Avg	-1.18	-0.23
Low	-1.14	-0.23

EPS Growth

EPS Growth	2025	2026
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.