Root, Inc. Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Root, Inc. stock have an average target of 61.67, with a low estimate of 12 and a high estimate of 90. The average target predicts a decrease of -38.98% from the current stock price of 101.07.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$12	$61.67	$72	$90
Change	-88.13%	-38.98%	-28.76%	-10.95%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	3	3	4	4	4	4
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas McJoynt-Griffith Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Reiterates $82 → $90	Buy	Reiterates	$82 → $90	-10.95%	Nov 5, 2024
Brian Meredith UBS	UBS	Hold Maintains $61 → $67	Hold	Maintains	$61 → $67	-33.71%	Nov 4, 2024
Elyse Greenspan Wells Fargo	Wells Fargo	Hold Maintains $64 → $78	Hold	Maintains	$64 → $78	-22.83%	Nov 1, 2024
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $90	Buy	Reiterates	$90	-10.95%	Oct 15, 2024
Elyse Greenspan Wells Fargo	Wells Fargo	Hold Maintains $71 → $64	Hold	Maintains	$71 → $64	-36.68%	Oct 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.16B

Revenue Next Year

1.27B

from 1.16B

9.32%

from 1.16B

EPS This Year

-1.41

from -10.24

EPS Next Year

-1.82

from -1.41

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.16B	1.27B	1.45B
Revenue Growth	570.21%	19.50%	-0.40%	-10.02%	46.40%	-	9.32%	14.76%
EPS	-149.95	-86.43	-37.76	-21.11	-10.24	-1.41	-1.82	-0.27
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	8	8	6

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

Revenue Forecast

Revenue	2024	2025	2026
High	1.2B	1.4B	1.6B
Avg	1.2B	1.3B	1.5B
Low	1.1B	1.1B	1.3B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	22.3%	24.9%
Avg	-	9.3%	14.8%
Low	-	-5.1%	2.6%

EPS Forecast

EPS	2024	2025	2026
High	0.34	0.79	2.27
Avg	-1.41	-1.82	-0.27
Low	-3.48	-5.70	-3.30

EPS Growth

EPS Growth	2024	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.