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Root (ROOT) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 6, 2023 (06:01)

Sector: Financial

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

Latest session on the 5th of December for

Root, Inc. is negative

Trading Volume: 1380337

Open: 12.36 / High: 14.6 / Low: 11.502

What analysts predict: $10.17

52-week High/Low: $14.8 / $3.31

50/200 Day Moving Average: $9.63 / $7.74

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 2023, 2024, 2025, 2026, 2027. How much will one Root share be worth in 2023 - 2027?

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, 2023, 2024, 2025, 2026 and 2027) 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., %
Dec 08	12.14	11.68	12.48	6.83
Dec 09	12.36	11.98	12.66	5.71
Dec 10	12.36	12.22	12.58	2.92
Dec 11	12.57	12.41	12.72	2.53
Dec 12	12.46	12.13	12.71	4.78
Dec 13	12.97	12.48	13.45	7.79
Dec 14	13.01	12.55	13.17	4.93
Dec 15	12.98	12.52	13.44	7.37
Dec 16	13.39	13.01	13.82	6.20
Dec 17	13.44	13.23	13.63	3.09
Dec 18	13.49	13.13	13.99	6.60
Dec 19	13.23	12.71	13.60	7.04
Dec 20	13.43	13.26	13.88	4.67
Dec 21	13.19	12.73	13.56	6.50
Dec 22	13.50	13.06	13.78	5.52
Dec 23	13.42	12.89	13.68	6.12
Dec 24	13.83	13.48	14.33	6.29
Dec 25	14.26	13.87	14.71	6.05
Dec 26	14.39	13.99	14.86	6.20
Dec 27	13.74	13.31	14.10	5.97
Dec 28	13.78	13.29	14.31	7.62
Dec 29	13.43	12.99	13.81	6.28
Dec 30	13.28	13.12	13.69	4.37
Dec 31	13.49	13.23	13.85	4.70
Jan 01	13.91	13.59	14.07	3.51
Jan 02	13.75	13.41	14.07	4.98
Jan 03	13.78	13.27	14.17	6.77
Jan 04	13.29	13.10	13.76	5.02
Jan 05	13.54	13.08	13.91	6.39
Jan 06	13.15	12.88	13.35	3.70

Root Daily Price Targets

Root Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $12.14.
Positive dynamics for Root shares will prevail with possible volatility of 6.390%.
Pessimistic target level: 11.68
Optimistic target level: 12.48

Root Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $12.36.
Positive dynamics for Root shares will prevail with possible volatility of 5.404%.
Pessimistic target level: 11.98
Optimistic target level: 12.66

Root Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $12.36.
Negative dynamics for Root shares will prevail with possible volatility of 2.840%.
Pessimistic target level: 12.22
Optimistic target level: 12.58

Root Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $12.57.
Positive dynamics for Root shares will prevail with possible volatility of 2.469%.
Pessimistic target level: 12.41
Optimistic target level: 12.72

Root Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $12.46.
Negative dynamics for Root shares will prevail with possible volatility of 4.563%.
Pessimistic target level: 12.13
Optimistic target level: 12.71

Root Stock Forecast 12-13-2023.

Forecast target price for 12-13-2023: $12.97.
Positive dynamics for Root shares will prevail with possible volatility of 7.228%.
Pessimistic target level: 12.48
Optimistic target level: 13.45

ROOT (ROOT) Monthly Stock Prediction for 2023

Month	Target	Pes.	Opt.	Vol., %
Dec.	10.01	8.99	10.83	17.06

Full forecast for 2023

Root forecast for this year

Root Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $10.0138. Pessimistic: $8.99. Optimistic: $10.83

Root (ROOT) Monthly Stock Prediction for 2024

Month	Target	Pes.	Opt.	Vol., %
Jan	10.04	9.40	10.91	13.87
Mar	9.86	9.11	10.63	14.23
Mar	9.37	8.98	10.00	10.23
Apr	8.76	8.43	9.66	12.73
May	8.97	8.63	9.39	8.07
Jun	9.96	9.32	10.31	9.55
Jul	10.20	9.42	11.08	14.97
Aug	10.59	9.89	11.45	13.70
Sep	11.19	10.06	11.51	12.64
Oct	11.50	10.57	12.20	13.35
Nov	10.32	9.62	10.85	11.37
Dec	10.28	9.40	10.81	13.10

Full forecast for 2024

Root (ROOT) Monthly Stock Prediction for 2025

Month	Target	Pes.	Opt.	Vol., %
Jan	9.96	8.96	10.59	15.40
Mar	9.70	8.71	10.35	15.83
Mar	10.00	9.52	10.79	11.80
Apr	10.78	10.16	11.83	14.10
May	12.17	11.09	13.20	15.94
Jun	12.94	11.70	14.15	17.36
Jul	13.41	12.09	13.94	13.26
Aug	12.40	11.24	13.19	14.79
Sep	12.48	11.27	13.18	14.53
Oct	11.27	10.74	11.95	10.17
Nov	11.00	10.69	11.59	7.78
Dec	10.46	10.01	11.22	10.79

Full forecast for 2025

Root (ROOT) Monthly Stock Prediction for 2026

Month	Target	Pes.	Opt.	Vol., %
Jan	10.46	10.16	11.22	9.45
Mar	11.70	10.60	12.35	14.16
Mar	10.24	9.70	10.84	10.44
Apr	9.35	9.07	9.94	8.80
May	9.54	8.92	10.23	12.85
Jun	8.87	8.37	9.41	11.03
Jul	8.35	7.87	9.19	14.30
Aug	8.73	8.39	9.40	10.75
Sep	9.56	9.25	9.94	7.00
Oct	10.52	9.85	11.21	12.19
Nov	11.79	11.47	12.89	11.05
Dec	11.22	10.68	11.59	7.81

Full forecast for 2026

Root (ROOT) Monthly Stock Prediction for 2027

Month	Target	Pes.	Opt.	Vol., %
Jan	11.22	10.13	12.30	17.67
Mar	12.46	11.52	13.69	15.85
Mar	11.33	10.59	11.95	11.34
Apr	11.53	11.04	12.49	11.64
May	11.11	10.71	12.17	11.99
Jun	10.80	10.21	11.51	11.34
Jul	10.56	10.25	11.27	9.01
Aug	11.23	10.86	11.86	8.37
Sep	11.20	10.56	11.80	10.49
Oct	12.63	11.72	13.12	10.63
Nov	13.63	12.37	14.14	12.53
Dec	13.24	12.46	14.00	10.94

Full forecast for 2027

Root information and performance

Root Address

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

Market Capitalization: 144 102 000 $

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: -110 300 000 $

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: N/A

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: N/A

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

EPS: -12.58

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: 0.564

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: 1.287

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

EV To Revenue: 0.657

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: 9600000

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.

<img data-src="/images/stock/ROOT.svg" class="img_30 lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw=="><noscript><img class="img_30" src="/images/stock/ROOT.svg"> Root (ROOT) Stock Forecast for 2023 – 2026. Sell or Buy?