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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
NASDAQ:ROOT

Root - ROOT Price Target & Analyst Ratings

$6.12
+0.24 (+4.08%)
(As of 02/1/2023 12:00 AM ET)
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Compare
Today's Range
$5.72
$6.22
50-Day Range
$4.16
$7.53
52-Week Range
$4.06
$42.66
Volume
222,878 shs
Average Volume
143,737 shs
Market Capitalization
$86.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.44

Root Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 8 Analyst Ratings

Consensus Analyst Price Target

$15.44
152.29% Upside
High Prediction$32.40
Average Prediction$15.44
Low Prediction$6.00
TypeCurrent
2/2/22 to 2/2/23
1 Month Ago
1/3/22 to 1/3/23
3 Months Ago
11/4/21 to 11/4/22
1 Year Ago
2/2/21 to 2/2/22
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
8 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$15.44$16.34$21.60$123.75
Predicted Upside152.29% Upside38.39% Upside37.53% Upside1.13% Upside
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ROOT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ROOT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Root Stock vs. The Competition

TypeRootFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.43
2.46
Consensus RatingHoldHoldHold
Predicted Upside152.29% Upside49.74% Upside8.18% Upside
News Sentiment RatingNeutral News
Positive News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/18/2023Wells Fargo & Company
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 Lower TargetEqual Weight$9.00 ➝ $6.00+16.50%
1/17/2023JMP Securities
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 Lower TargetMarket Outperform$25.00 ➝ $20.00+278.07%
12/14/2022Citigroup
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 Initiated CoverageNeutral
11/22/2022Morgan Stanley
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 Lower TargetEqual Weight$20.93 ➝ $8.50+23.55%
11/17/2022Keefe, Bruyette & Woods
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 Initiated CoverageMarket Perform$9.00+11.11%
11/16/2022UBS Group
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 Lower Target$9.00+9.76%
11/15/2022Truist Financial
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 Lower Target$22.50 ➝ $9.00+14.65%
11/11/2022Barclays
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 Lower TargetUnderweight$17.00 ➝ $8.00+2.56%
8/19/2022Cantor Fitzgerald
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 Boost Target$6.00 ➝ $30.00+75.13%
7/22/2022Credit Suisse Group
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 Lower Target$32.40+78.22%
7/12/2022Jefferies Financial Group
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 Lower TargetHold$36.00 ➝ $22.50+19.05%
8/16/2021Wolfe Research
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 Initiated CoveragePeer Perform$90.00-9.09%
6/14/2021Royal Bank of Canada
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 Boost TargetSector Perform$54.00-74.47%
3/9/2021Bank of America
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 Initiated CoverageUnderperform$162.00-27.13%
11/23/2020Smith Barney Citigroup
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 Initiated CoverageNeutral$360.00+12.99%
11/23/2020Deutsche Bank Aktiengesellschaft
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 Initiated CoverageHold$360.00+5.26%
11/23/2020Evercore ISI
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 Initiated CoverageIn-Line$432.00+26.32%
11/22/2020The Goldman Sachs Group
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 Initiated CoverageNeutral$360.00+5.26%
(Data available from 2/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












ROOT Price Target - Frequently Asked Questions

What is Root's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for Root stock is Hold based on the current 1 sell rating, 6 hold ratings and 1 buy rating for ROOT. The average twelve-month price prediction for Root is $15.44 with a high price target of $32.40 and a low price target of $6.00. Learn more on ROOT's analyst rating history.

Do Wall Street analysts like Root more than its competitors?

Analysts like Root less than other Finance companies. The consensus rating score for Root is 2.00 while the average consensus rating score for finance companies is 2.43. Learn more on how ROOT compares to other companies.

Does Root's stock price have much upside?

According to analysts, Root's stock has a predicted upside of 38.95% based on their 12-month price targets.

What analysts cover Root?

Stock Ratings Reports and Tools

This page (NASDAQ:ROOT) was last updated on 2/2/2023 by MarketBeat.com Staff