Headquartered in Columbus, OH·Fiscal year ends December·NASDAQ: ROOT·joinroot.com
About Root
Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company, a technology-driven personal auto insurance carrier operating in 37 U.S. states covering more than 80% of the U.S. population. Founded in 2015, Root uses data science, machine learning, and AI — including 37 billion miles of telematics driving data and over 900,000 filed claims — to price risk, underwrite policies, and automate insurance operations. The company distributes auto insurance through multiple channels: direct digital, referral, channel media, automotive and financial services partnerships (including integrations with Carvana, Hyundai Capital America, Toyota, Experian, and Jerry), and independent agents. Root also offers renters insurance in select states. The company operates as a regulated insurance carrier with a modern, vertically integrated technology platform. Updated
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Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company, a technology-driven personal auto insurance carrier operating in 37 U.S. states covering more than 80% of the U.S. population.
What is the ROOT stock price target?
The Wall Street consensus 12-month price target for ROOT is $60.20.