Root (ROOT) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Root is expected to report Q3 2026 results after Wednesday’s market close, November 4. Analysts forecast earnings of $0.63 per share and revenue of approximately $384.43 million.
• In the previous quarter, Root earned $1.49 per share, beating estimates of $0.83, while revenue reached $389.20 million, up 1.6% year over year but below expectations.
• Analyst sentiment remains cautious: Root has a consensus “Hold” rating from seven analysts, with an average price target of $58.75 versus the stock’s reported price of $52.29.

Root (NASDAQ:ROOT - Get Free Report) will likely be posting its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Root to announce earnings of $0.63 per share and revenue of $384.43 million for the quarter. Investors can check the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Root (NASDAQ:ROOT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.66. The business had revenue of $389.20 million for the quarter, compared to the consensus estimate of $395.14 million. Root's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.29 EPS. On average, analysts expect Root to post $4.46 EPS for the current fiscal year and $2.66 EPS for the next fiscal year.

Root Stock Up 0.9%

ROOT opened at $52.29 on Wednesday. The company's 50-day moving average price is $51.68 and its 200 day moving average price is $54.80. Root has a fifty-two week low of $40.91 and a fifty-two week high of $91.00. The firm has a market cap of $810.13 million, a price-to-earnings ratio of 14.77 and a beta of 2.91.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ROOT. Keefe, Bruyette & Woods lowered their target price on Root from $95.00 to $80.00 and set an "outperform" rating for the company in a report on Thursday, August 6th. Wells Fargo & Company reiterated a "cautious" rating on shares of Root in a research report on Monday, October 12th. TD Cowen downgraded Root from a "hold" rating to a "strong sell" rating in a report on Thursday, August 20th. Weiss Ratings restated a "hold (c)" rating on shares of Root in a research report on Monday. Finally, Jefferies Financial Group lowered Root from a "buy" rating to a "hold" rating and reduced their price objective for the company from $78.00 to $58.00 in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Root has a consensus rating of "Hold" and an average price target of $58.75.

Root Company Profile

Root, Inc NASDAQ: ROOT is an insurance technology company that uses mobile technology and data-driven underwriting to provide personal insurance products. The company is best known for its automobile insurance, which is offered through a digital platform designed to allow customers to obtain quotes, purchase coverage and manage policies through a smartphone.

Root's auto insurance model uses information collected through its mobile application, including driving-related data, to evaluate individual driving behavior and help determine eligibility and pricing.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.