Maxim Group Issues Negative Estimate for Roadzen Earnings

Key Points

• Maxim Group lowered Roadzen’s Q1 2028 EPS estimate to a loss of $0.01 per share from a prior estimate of $0.01 profit. Analysts expect a full-year loss of $0.14 per share.
• Roadzen recently reported a quarterly loss of $0.03 per share, narrowly beating estimates, while revenue of $16.19 million exceeded the $16.05 million consensus forecast.
• Analyst sentiment remains weak, with one Hold and one Sell rating producing a consensus “Reduce” rating. The stock opened at $1.55, compared with a 12-month range of $0.81 to $2.56.

Roadzen Inc. (NASDAQ:RDZN - Free Report) - Investment analysts at Maxim Group dropped their Q1 2028 earnings per share (EPS) estimates for shares of Roadzen in a research report issued to clients and investors on Thursday, August 20th. Maxim Group analyst A. Klee now expects that the company will post earnings per share of ($0.01) for the quarter, down from their previous estimate of $0.01. The consensus estimate for Roadzen's current full-year earnings is ($0.14) per share.

RDZN has been the subject of a number of other research reports. Wall Street Zen raised shares of Roadzen from a "sell" rating to a "hold" rating in a report on Saturday, July 4th. Zacks Research raised shares of Roadzen to a "hold" rating in a report on Thursday, July 2nd. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Roadzen in a research report on Friday, July 17th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce".

Roadzen Price Performance

Roadzen stock opened at $1.55 on Monday. Roadzen has a 12-month low of $0.81 and a 12-month high of $2.56. The business's 50-day moving average price is $1.34 and its two-hundred day moving average price is $1.41. The stock has a market cap of $132.01 million, a PE ratio of -4.31 and a beta of 1.21.

Roadzen (NASDAQ:RDZN - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The business had revenue of $16.19 million for the quarter, compared to analyst estimates of $16.05 million.

Hedge Funds Weigh In On Roadzen

A number of institutional investors and hedge funds have recently bought and sold shares of RDZN. Bank of America Corp DE raised its position in Roadzen by 263.3% in the fourth quarter. Bank of America Corp DE now owns 30,238 shares of the company's stock valued at $66,000 after purchasing an additional 21,915 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Roadzen by 51.7% during the first quarter. AQR Capital Management LLC now owns 40,559 shares of the company's stock worth $42,000 after purchasing an additional 13,830 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Roadzen during the fourth quarter worth about $102,000. Hudson Bay Capital Management LP acquired a new position in shares of Roadzen in the fourth quarter valued at approximately $109,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of Roadzen in the fourth quarter valued at approximately $112,000. Institutional investors and hedge funds own 24.73% of the company's stock.

Roadzen Company Profile

Roadzen NASDAQ: RDZN is a global technology provider specializing in AI-driven telematics, data analytics and risk management solutions for the automotive and insurance industries. The company's core offerings include usage-based insurance (UBI) platforms, driver behavior analytics tools and predictive risk modeling services. By leveraging machine learning algorithms, telematics data and mobile connectivity, Roadzen enables insurers and fleet operators to optimize underwriting processes and enhance policyholder engagement through personalized pricing and proactive risk mitigation.

Founded in 2015 and headquartered in Singapore, Roadzen has established regional operations and development centers in India and other key markets across Asia-Pacific and Latin America.

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