Roadzen, Inc. (RDZN)
NASDAQ: RDZN · IEX Real-Time Price · USD
2.010
+0.010 (0.50%)
At close: Jun 25, 2024, 4:00 PM
1.940
-0.070 (-3.48%)
Pre-market: Jun 26, 2024, 4:12 AM EDT

Roadzen Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Roadzen stock has a target of 10, which predicts an increase of 397.51% from the current stock price of 2.01.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $10 $10 $10
Change +397.51% +397.51% +397.51% +397.51%
* Price targets were last updated on May 23, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Roadzen is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24
Strong Buy 1
Buy 0
Hold 0
Sell 0
Strong Sell 0
Total 1

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Initiates
$10
Strong Buy Initiates $10 +397.51% May 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
53.45M
from 13.56M
Increased by 294.14%
Revenue Next Year
75.07M
from 53.45M
Increased by 40.46%
EPS This Year
-2.35
from -23.32
EPS Next Year
-0.70
from -2.35
Year 202120212022202320242025202620272028
Revenue
-9.99M13.56M53.45M75.07M108.22M151.50M209.06M286.42M
Revenue Growth
--35.76%294.14%40.46%44.15%39.99%37.99%37.00%
EPS
-0.00-16.21-23.32-2.35-0.70-0.18---
EPS Growth
---------
Forward PE
---------
No. Analysts ---333333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 55.0M 77.3M 111.4M 156.0M 215.2M 294.8M
Avg 53.4M 75.1M 108.2M 151.5M 209.1M 286.4M
Low 51.4M 72.1M 104.0M 145.6M 200.9M 275.2M

Revenue Growth

Revenue Growth 202320242025202620272028
High
305.7%
44.6%
48.4%
44.1%
42.1%
41.0%
Avg
294.1%
40.5%
44.2%
40.0%
38.0%
37.0%
Low
278.7%
34.9%
38.5%
34.5%
32.6%
31.6%

EPS Forecast

EPS 202320242025
High -2.42 -0.72 -0.19
Avg -2.35 -0.70 -0.18
Low -2.25 -0.68 -0.18

EPS Growth

EPS Growth 202320242025
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.