Added to YB: 2026-05-18
Pitch date: 2026-03-06
ROOT [bullish]
Root, Inc.
+15.04%
current return
Author Info
No bio for this author
Company Info
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products primarily through websites, mobile applications, and partnership channels.
Market Cap
$903.4M
Pitch Price
$46.62
Price Target
200.00 (+273%)
Dividend
N/A
EV/EBITDA
7.42
P/E
16.86
EV/Sales
0.40
Sector
Insurance
Category
growth
Root, Inc. - $ROOT
ROOT: Telematics insurer w/ proprietary tech stack enabling 30-sec quotes vs mins for legacy carriers. Partnerships w/ Carvana (10% attach), Toyota, Hyundai scaling. Mgmt targets 80% OEM coverage, 20%+ attach, 2x Progressive margins. Stock down $180→$50 on macro fears, but ROOT now profitable w/ sub-65% loss ratio, <1 operating ratio vs 99% drop post-COVID. Trades 2.7x P/B vs PGR 4.1x. Model shows $11 EPS by 2028. PT $200. Catalysts: PIF growth, 48-state expansion by 2027, new insurance lines, analyst day.
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