$40.64
0.69% today
Nasdaq, Sep 16, 08:49 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
43%
Hold
57%

Root Inc - Ordinary Shares - Class A Price Target

Target Price $70.43
Price $40.36
Potential
Number of Estimates 7
7 Analysts have issued a price target Root Inc - Ordinary Shares - Class A 2025 . The average Root Inc - Ordinary Shares - Class A target price is $70.43. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 3 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 Million $ 455.00 1,098.86
46.40% 141.51%
Net Margin -33.76% -4.61%
66.87% 86.34%

7 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
28.64% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.2b 36.22%
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, the lowest is
$1.0b 20.00%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $455m 46.40%
2024
$1.1b 141.51%
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2025
$1.3b 14.25%
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2026
$1.4b 14.18%
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2027
$1.5b 5.61%
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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

$-50.7m
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. This is
41.21% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-38.9m 54.96%
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, the lowest is
$-60.0m 30.43%
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.

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

Net Profit Estimates

2023 $-154m 51.49%
2024
$-50.7m 66.99%
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2025
$-53.4m 5.25%
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2026
$-9.1m 82.97%
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Net Margin

2023 -33.76% 66.87%
2024
-4.61% 86.34%
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2025
-4.25% 7.81%
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2026
-0.63% 85.18%
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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 -3.38
51.49% 66.99%
P/E negative
EV/Sales 0.31

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

$-3.38
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. This is
41.22% 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
$-2.59 54.96%
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, the lowest is
$-4.00 30.43%
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.

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

Earnings Per Share

2023 $-10.24 51.49%
2024
$-3.38 66.99%
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2025
$-3.56 5.33%
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2026
$-0.61 82.87%
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P/E ratio

Current -7.02 1,089.83%
2024
-11.94 70.09%
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2025
-11.34 5.03%
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2026
-66.62 487.48%
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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 0.40 281.82%
2024
0.31 22.25%
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2025
0.27 12.48%
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2026
0.24 12.42%
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2027
0.23 5.29%
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P/S ratio

Current 0.71 26.06%
2024
0.55 22.27%
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2025
0.48 12.47%
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2026
0.42 12.42%
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2027
0.40 5.30%
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