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NASDAQ: ROOT
Root Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for ROOT

Based on 6 analysts offering 12 month price targets for Root Inc.
Min Forecast
$51.00+35.71%
Avg Forecast
$75.00+99.57%
Max Forecast
$90.00+139.49%

Should I buy or sell ROOT stock?

Based on 6 analysts offering ratings for Root Inc.
Buy
Strong Buy
0 analysts 0%
Buy
3 analysts 50%
Hold
3 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ROOT stock forecasts and price targets.

ROOT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-16
lockedlocked$00.00+00.00%2024-08-13
lockedlocked$00.00+00.00%2024-07-22
lockedlocked$00.00+00.00%2024-06-05
lockedlocked$00.00+00.00%2024-05-01
JMP Securities
Top 1%
100
BuyMaintains$90.00+139.49%2024-05-01

1 of 1

Forecast return on equity

Is ROOT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
50.07%

Forecast return on assets

Is ROOT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ROOT earnings per share forecast

What is ROOT's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$3.55
Avg 2 year Forecast
-$1.16
Avg 3 year Forecast
-$1.45

ROOT revenue forecast

What is ROOT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.1B+24.56%
Avg 2 year Forecast
$1.2B+40.37%
Avg 3 year Forecast
$1.4B+59.92%
ROOT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ROOT revenue growth forecast

How is ROOT forecast to perform vs Insurance - Property & Casualty companies and vs the US market?
Company
16.79%
Industry
19%
Market
9.73%
ROOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ROOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ROOT vs Property & Casualty Insurance Stocks

TickerPricePrice TargetUp/downsideConsensus
ROOT$37.58$75.00+99.57%Buy
UVE$17.70N/AN/A
UFCS$19.26$19.00-1.35%Strong Sell
DGICA$14.42N/AN/A
ACIC$9.56N/AN/A
View Top Property & Casualty Insurance Stocks

Root Stock Forecast FAQ

Is Root Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: ROOT) stock is to Buy ROOT stock.

Out of 6 analysts, 0 (0%) are recommending ROOT as a Strong Buy, 3 (50%) are recommending ROOT as a Buy, 3 (50%) are recommending ROOT as a Hold, 0 (0%) are recommending ROOT as a Sell, and 0 (0%) are recommending ROOT as a Strong Sell.

If you're new to stock investing, here's how to buy Root stock.

What is ROOT's earnings growth forecast for 2024-2026?

(NASDAQ: ROOT) Root's forecast annual earnings growth rate of N/A is not forecast to beat the US Insurance - Property & Casualty industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.7%.

Root's earnings in 2024 is -$83,800,000.On average, 3 Wall Street analysts forecast ROOT's earnings for 2024 to be -$51,072,480, with the lowest ROOT earnings forecast at -$91,872,000, and the highest ROOT earnings forecast at -$27,360,000. On average, 2 Wall Street analysts forecast ROOT's earnings for 2025 to be -$16,704,000, with the lowest ROOT earnings forecast at -$25,488,000, and the highest ROOT earnings forecast at -$7,920,000.

In 2026, ROOT is forecast to generate -$20,880,000 in earnings, with the lowest earnings forecast at -$20,880,000 and the highest earnings forecast at -$20,880,000.

What is ROOT's revenue growth forecast for 2024-2026?

(NASDAQ: ROOT) Root's forecast annual revenue growth rate of 16.79% is not forecast to beat the US Insurance - Property & Casualty industry's average forecast revenue growth rate of 19%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.73%.

Root's revenue in 2024 is $854,200,000.On average, 1 Wall Street analysts forecast ROOT's revenue for 2024 to be $15,321,600,000, with the lowest ROOT revenue forecast at $15,321,600,000, and the highest ROOT revenue forecast at $15,321,600,000. On average, 1 Wall Street analysts forecast ROOT's revenue for 2025 to be $17,265,600,000, with the lowest ROOT revenue forecast at $17,265,600,000, and the highest ROOT revenue forecast at $17,265,600,000.

In 2026, ROOT is forecast to generate $19,670,400,000 in revenue, with the lowest revenue forecast at $19,670,400,000 and the highest revenue forecast at $19,670,400,000.

What is ROOT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ROOT) forecast ROA is N/A, which is lower than the forecast US Insurance - Property & Casualty industry average of N/A.

What is ROOT's Price Target?

According to 6 Wall Street analysts that have issued a 1 year ROOT price target, the average ROOT price target is $75.00, with the highest ROOT stock price forecast at $90.00 and the lowest ROOT stock price forecast at $51.00.

On average, Wall Street analysts predict that Root's share price could reach $75.00 by Aug 16, 2025. The average Root stock price prediction forecasts a potential upside of 99.57% from the current ROOT share price of $37.58.

What is ROOT's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ROOT) Root's current Earnings Per Share (EPS) is -$5.77. On average, analysts forecast that ROOT's EPS will be -$3.55 for 2024, with the lowest EPS forecast at -$6.38, and the highest EPS forecast at -$1.90. On average, analysts forecast that ROOT's EPS will be -$1.16 for 2025, with the lowest EPS forecast at -$1.77, and the highest EPS forecast at -$0.55. In 2026, ROOT's EPS is forecast to hit -$1.45 (min: -$1.45, max: -$1.45).

What is ROOT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ROOT) forecast ROE is N/A, which is considered weak.
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