Added to YB: 2026-07-09
Pitch date: 2026-07-07
ROOT [neutral]
Root, Inc.
+4.1%
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
$1.0B
Pitch Price
$63.60
Price Target
120.00 (+81%)
Dividend
N/A
EV/EBITDA
8.65
P/E
18.78
EV/Sales
0.46
Sector
Insurance
Category
growth
Root Inc. (NASDAQ: ROOT) – The Insurtech That Refused to Die with a very strong Q1 2026
ROOT (update): Insurtech turned profitable—Q1 2026 record $35.9M net income, 90.7% combined ratio, 47% ROE, ~$3.40 TTM EPS at ~18x P/E. Stock -60% YoY to ~$60 as premiums fell 5% on incumbent ad war, though Root refuses unprofitable growth. Telematics moat, Carvana/Toyota embedded distribution, $312M capital, $75M buyback. Fair PE 21, ~$120 PT, ~25% annual return. Risks: stalled growth, loss-ratio cycle, OEM competition.
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