Root (ROOT) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Root (ROOT) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 19, 2024 (12:12)

Sector: Financial

The share price of Root, Inc. (ROOT) now

Latest session on the 18th of July for
Root, Inc. is negative
Trading Volume: 472665
Open: 81.93 /  High: 86.01 /  Low: 77.42
What analysts predict: $67.88
52-week High/Low: $86.57 / $7.22

50/200 Day Moving Average: $55.63 / $32.1

This figure corresponds to the Average Price over the previous 50/200 days. For Root stocks, the 50-day moving average is the support level today.

For Root stocks, the 200-day moving average is the support level today.

Are you interested in Root, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Root stock price in 2024, 2025, 2026, 2027, 2028. How much will one Root share be worth in 2024 - 2028?

When should I take profit in Root stock? When should I record a loss on Root stock? What are analysts' forecasts for Root stock? What is the future of Root stock? We forecast Root stock performance using neural networks based on historical data on Root stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Root stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Root shares. This happens once a day.


Historical and forecast chart of Root stock

The chart below shows the historical price of Root stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Root stock price can be found in the table below.

Long-term forecasts by years.

Root is the parent company of Root Insurance, the first licensed insurance operator in the United States to operate entirely on a mobile basis. Provides a mobile telematics and technology platform for tracking individual risks based on complex behavioral data and customer experiences. Founded in March 2015, headquartered in Columbus, Ohio.

Root daily forecast for a month

Date Target Pes. Opt. Vol., %
Jul 21 80.92 78.66 82.71 5.14
Jul 22 81.64 79.81 83.96 5.20
Jul 23 78.53 77.34 80.95 4.67
Jul 24 75.42 73.55 77.33 5.13
Jul 25 74.82 72.76 75.72 4.07
Jul 26 75.21 73.38 76.53 4.31
Jul 27 73.71 72.88 75.15 3.11
Jul 28 73.68 71.55 74.35 3.91
Jul 29 74.89 73.39 76.59 4.37
Jul 30 73.99 71.94 76.12 5.80
Jul 31 74.93 72.87 76.79 5.39
Aug 01 76.61 75.75 78.60 3.76
Aug 02 75.17 73.52 76.83 4.50
Aug 03 75.23 73.28 76.41 4.27
Aug 04 75.38 73.87 77.01 4.24
Aug 05 74.66 73.67 76.63 4.01
Aug 06 74.18 73.14 76.02 3.94
Aug 07 73.53 72.82 74.41 2.18
Aug 08 73.29 72.00 74.99 4.15
Aug 09 70.48 68.98 71.44 3.56
Aug 10 69.21 68.10 71.42 4.88
Aug 11 69.32 68.41 70.57 3.16
Aug 12 71.01 69.65 72.49 4.08
Aug 13 71.27 69.64 71.89 3.23
Aug 14 73.41 71.38 75.14 5.27
Aug 15 73.41 71.82 74.02 3.07
Aug 16 72.38 70.41 74.58 5.92
Aug 17 71.36 69.91 73.48 5.10
Aug 18 72.42 70.91 74.27 4.74
Aug 19 72.42 71.58 73.93 3.28

Root Daily Price Targets


Root Stock Forecast 07-21-2024.

Forecast target price for 07-21-2024: $80.92.
Positive dynamics for Root shares will prevail with possible volatility of 4.892%.
Pessimistic target level: 78.66
Optimistic target level: 82.71

Root Stock Forecast 07-22-2024.

Forecast target price for 07-22-2024: $81.64.
Positive dynamics for Root shares will prevail with possible volatility of 4.940%.
Pessimistic target level: 79.81
Optimistic target level: 83.96

Root Stock Forecast 07-23-2024.

Forecast target price for 07-23-2024: $78.53.
Negative dynamics for Root shares will prevail with possible volatility of 4.463%.
Pessimistic target level: 77.34
Optimistic target level: 80.95

Root Stock Forecast 07-24-2024.

Forecast target price for 07-24-2024: $75.42.
Negative dynamics for Root shares will prevail with possible volatility of 4.877%.
Pessimistic target level: 73.55
Optimistic target level: 77.33

Root Stock Forecast 07-25-2024.

Forecast target price for 07-25-2024: $74.82.
Negative dynamics for Root shares will prevail with possible volatility of 3.913%.
Pessimistic target level: 72.76
Optimistic target level: 75.72

Root Stock Forecast 07-26-2024.

Forecast target price for 07-26-2024: $75.21.
Positive dynamics for Root shares will prevail with possible volatility of 4.127%.
Pessimistic target level: 73.38
Optimistic target level: 76.53

ROOT (ROOT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 76.00 72.25 83.12 13.08
Sep. 79.76 74.68 82.66 9.66
Oct. 77.37 74.76 84.92 11.96
Nov. 78.88 72.42 86.68 16.45
Dec. 69.04 62.93 74.51 15.54

Root forecast for this year


Root Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $76.0033. Pessimistic: $72.25. Optimistic: $83.12


Root Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $79.7579. Pessimistic: $74.68. Optimistic: $82.66


Root Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $77.3731. Pessimistic: $74.76. Optimistic: $84.92


Root Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $78.8819. Pessimistic: $72.42. Optimistic: $86.68


Root Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $69.0374. Pessimistic: $62.93. Optimistic: $74.51



Root (ROOT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 69.76 67.31 72.20 6.78
Feb 69.76 64.86 76.47 15.18
Mar 69.12 66.25 74.15 10.66
Apr 66.69 60.80 72.42 16.04
May 74.32 66.79 80.99 17.54
Jun 76.06 69.64 79.72 12.65
Jul 74.58 70.51 81.08 13.03
Aug 83.79 76.38 89.35 14.51
Sep 91.96 85.62 94.35 9.25
Oct 99.85 95.96 102.71 6.57
Nov 109.98 101.11 115.55 12.50
Dec 110.12 99.10 115.27 14.03

Root (ROOT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 111.12 100.58 115.74 13.10
Feb 104.04 93.22 106.88 12.78
Mar 104.72 95.19 107.99 11.85
Apr 108.80 103.99 118.14 11.97
May 115.03 107.25 126.99 15.54
Jun 110.69 100.91 115.44 12.59
Jul 106.52 97.24 109.43 11.14
Aug 107.76 97.26 114.07 14.74
Sep 106.78 97.76 115.67 15.48
Oct 104.56 99.12 114.21 13.21
Nov 103.47 95.00 108.45 12.40
Dec 105.36 100.56 113.71 11.56

Root (ROOT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 101.52 98.35 106.27 7.45
Feb 99.01 89.23 105.19 15.17
Mar 103.65 94.62 109.98 13.97
Apr 100.01 89.74 107.68 16.66
May 104.56 98.58 111.90 11.90
Jun 98.99 91.65 109.03 15.93
Jul 111.47 104.08 118.86 12.44
Aug 124.37 117.74 131.48 10.45
Sep 120.33 107.81 125.17 13.87
Oct 131.28 118.13 142.71 17.22
Nov 127.69 120.89 138.65 12.81
Dec 127.03 118.61 135.78 12.65

Root (ROOT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 131.65 122.92 135.59 9.34
Feb 123.27 112.05 135.60 17.37
Mar 134.32 127.86 146.89 12.96
Apr 140.26 134.06 145.91 8.12
May 134.24 125.52 148.03 15.21
Jun 125.87 114.74 131.92 13.02
Jul 125.05 119.19 135.94 12.32
Aug 118.06 108.08 121.89 11.33
Sep 120.51 115.19 128.66 10.47
Oct 116.28 110.84 122.48 9.50
Nov 118.85 112.36 125.03 10.13
Dec 126.42 122.48 137.43 10.88

Root information and performance

Root Address

80 E RICH STREET, SUITE 500, COLUMBUS, OH, US

Market Capitalization: 1 195 567 000 $

Market capitalization of the Root, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of ROOT shares in the company outstanding by the market price of one share.

EBITDA: -54 300 000 $

EBITDA of Root is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -7.78

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 2.636
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 4.413

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.284

Enterprise Value (EV) /Revenue

EV To EBITDA: -

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 9935500

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.