$108.44
0.72% yesterday
Nasdaq, Nov 25, 10:01 pm CET
ISIN
US77664L1089
Symbol
ROOT
Sector
Industry

Root Inc - Ordinary Shares - Class A Target price 2024 - Analyst rating & recommendation

Root Inc - Ordinary Shares - Class A Classifications & Recommendation:

Buy
33%
Hold
67%

Root Inc - Ordinary Shares - Class A Price Target

Target Price $72.80
Price $108.44
Deviation
Number of Estimates 5
5 Analysts have issued a price target Root Inc - Ordinary Shares - Class A 2025 . The average Root Inc - Ordinary Shares - Class A target price is $72.80. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 2 Analysts recommend Root Inc - Ordinary Shares - Class A to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Root Inc - Ordinary Shares - Class A stock has an average upside potential 2025 of . Most analysts recommend the Root Inc - Ordinary Shares - Class A stock at Hold.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 0.46 1.14
46.40% 149.62%
Net Margin -33.76% -0.27%
66.87% 99.20%

6 Analysts have issued a sales forecast Root Inc - Ordinary Shares - Class A 2024 . The average Root Inc - Ordinary Shares - Class A sales estimate is

$1.1b
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. This is
8.73% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.2b 11.17%
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, the lowest is
$1.1b 7.23%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $455m 46.40%
2024
$1.1b 149.62%
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2025
$1.2b 8.93%
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2026
$1.4b 13.38%
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2027
$1.5b 3.69%
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3 Root Inc - Ordinary Shares - Class A Analysts have issued a net profit forecast 2024. The average Root Inc - Ordinary Shares - Class A net profit estimate is

$-3.1m
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. This is
84.43% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$6.4m 132.62%
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, the lowest is
$-12.3m 37.40%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-154m 51.49%
2024
$-3.1m 98.01%
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2025
$-1.1m 65.69%
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2026
$23.2m 2,313.33%
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2027
$24.3m 4.56%
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Net Margin

2023 -33.76% 66.87%
2024
-0.27% 99.20%
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2025
-0.08% 70.37%
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2026
1.66% 2,175.00%
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2027
1.67% 0.60%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -10.24 -0.20
51.49% 98.05%
P/E negative
EV/Sales 1.20

3 Analysts have issued a Root Inc - Ordinary Shares - Class A forecast for earnings per share. The average Root Inc - Ordinary Shares - Class A <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.20
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. This is
84.73% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.43 132.82%
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, the lowest is
$-0.82 37.40%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-10.24 51.49%
2024
$-0.20 98.05%
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2025
$-0.07 65.00%
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2026
$1.55 2,314.29%
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2027
$1.62 4.52%
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P/E ratio

Current -82.91 11,257.53%
2024
-531.00 540.45%
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2025
-1,554.32 192.72%
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2026
69.99 104.50%
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2027
66.94 4.36%
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Based on analysts' sales estimates for 2024, the Root Inc - Ordinary Shares - Class A stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.31 567.86%
2024
1.20 8.13%
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2025
1.10 8.19%
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2026
0.97 11.80%
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2027
0.94 3.56%
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P/S ratio

Current 1.57 265.38%
2024
1.44 8.03%
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2025
1.32 8.20%
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2026
1.17 11.80%
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2027
1.13 3.56%
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