Root, Inc. (ROOT)
NASDAQ: ROOT · Real-Time Price · USD
73.22
+2.10 (2.95%)
At close: Dec 20, 2024, 4:00 PM
73.59
+0.37 (0.51%)
After-hours: Dec 20, 2024, 4:13 PM EST
Root, Inc. Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Root, Inc. stock have an average target of 58.13, with a low estimate of 12 and a high estimate of 90. The average target predicts a decrease of -20.61% from the current stock price of 73.22.
Analyst Consensus: Buy
* Price targets were last updated on Nov 5, 2024.
Analyst Ratings
The average analyst rating for Root, Inc. stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 4 | 4 | 4 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $82 → $90 | Buy | Reiterates | $82 → $90 | +22.92% | Nov 5, 2024 |
| UBS | UBS | Hold Maintains $61 → $67 | Hold | Maintains | $61 → $67 | -8.49% | Nov 4, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $64 → $78 | Hold | Maintains | $64 → $78 | +6.53% | Nov 1, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $90 | Buy | Reiterates | $90 | +22.92% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
1.16B
Revenue Next Year
1.26B
from 1.16B
Increased by 8.98%
EPS This Year
-0.55
from -10.24
EPS Next Year
-0.56
from -0.55
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.2B | 1.4B | 1.6B | |
| Avg | 1.2B | 1.3B | 1.4B | |
| Low | 1.1B | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 22.4% | 25.4% | |
| Avg | - | 9.0% | 13.4% | |
| Low | - | -5.0% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.30 | 0.84 | 2.36 | |
| Avg | -0.55 | -0.56 | 1.24 | |
| Low | -2.31 | -1.73 | -0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.