Roadzen, Inc. (RDZN)
NASDAQ: RDZN · Real-Time Price · USD
0.830
+0.050 (6.41%)
Nov 21, 2024, 10:41 AM EST - Market open
Roadzen Stock Forecast
RDZN's stock price has decreased by -83.58% in the past year and price targets may not have had time to catch up.
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 502.41% from the current stock price of 0.83.
Analyst Consensus: Strong Buy
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 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 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | +381.93% | Nov 15, 2024 |
| ThinkEquity | ThinkEquity | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +622.89% | Oct 28, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +1,104.82% | May 23, 2024 |
Financial Forecast
Revenue This Year
74.95M
from 46.72M
Increased by 60.41%
Revenue Next Year
108.22M
from 74.95M
Increased by 44.39%
EPS This Year
-1.18
from -2.26
EPS Next Year
-0.23
from -1.18
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 77.2M | 111.4M | 156.0M | ||
| Avg | 75.0M | 108.2M | 151.5M | ||
| Low | 72.0M | 104.0M | 145.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 65.1% | 48.6% | 44.1% | ||
| Avg | 60.4% | 44.4% | 40.0% | ||
| Low | 54.1% | 38.7% | 34.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.22 | -0.24 |
| Avg | -1.18 | -0.23 |
| Low | -1.14 | -0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.