The latest price target for Root (NASDAQ:ROOT) was reported by Keefe, Bruyette & Woods on November 5, 2024. The analyst firm set a price target for $90.00 expecting ROOT to fall to within 12 months (a possible -16.13% downside). 21 analyst firms have reported ratings in the last year.

The latest analyst rating for Root (NASDAQ:ROOT) was provided by Keefe, Bruyette & Woods, and Root reiterated their outperform rating.

The last upgrade for Root Inc happened on March 1, 2024 when Jefferies raised their price target to $40. Jefferies previously had a hold for Root Inc.

The last downgrade for Root Inc happened on February 24, 2023 when Cantor Fitzgerald changed their price target from $22 to $6 for Root Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Root, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Root was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.

While ratings are subjective and will change, the latest Root (ROOT) rating was a reiterated with a price target of $82.00 to $90.00. The current price Root (ROOT) is trading at is $107.31, which is out of the analyst’s predicted range.