Root (ROOT, Financial) has recently seen an update in its price target by the financial services firm Keefe, Bruyette & Woods. The analyst behind this adjustment is Thomas McJoynt-Griffith, who has opted to maintain an "Outperform" rating on the stock.
On May 8, 2025, McJoynt-Griffith raised the 12-month price target for Root (ROOT, Financial) from $150.00 to $170.00 per share. This adjustment represents a 13.33% increase from the previous target, reflecting a positive outlook on the company's future performance.
Investors in Root (ROOT, Financial) should take note of this updated price target and maintained "Outperform" rating, as it suggests continued confidence from analysts in the company's potential for success in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Root Inc (ROOT, Financial) is $131.80 with a high estimate of $170.00 and a low estimate of $51.00. The average target implies an downside of 10.25% from the current price of $146.85. More detailed estimate data can be found on the Root Inc (ROOT) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Root Inc's (ROOT, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Root Inc (ROOT, Financial) in one year is $45.98, suggesting a downside of 68.69% from the current price of $146.85. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Root Inc (ROOT) Summary page.
