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NASDAQ:RDZN

Roadzen (RDZN) Stock Price, News & Analysis

$2.75
-0.20 (-6.78%)
(As of 07/3/2024 ET)
Today's Range
$2.65
$3.10
50-Day Range
$1.55
$4.95
52-Week Range
$1.55
$17.00
Volume
2.80 million shs
Average Volume
6.15 million shs
Market Capitalization
$188.21 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

Roadzen MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
263.6% Upside
$10.00 Price Target
Short Interest
Healthy
0.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of Roadzen in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.51 out of 5 stars

Finance Sector

362nd out of 853 stocks

Insurance Agents, Brokers, & Service Industry

8th out of 18 stocks

RDZN stock logo

About Roadzen Stock (NASDAQ:RDZN)

Roadzen, Inc., an insurtech company, provides various insurance products in the United States and internationally. It offers insurance as a service platform, including Via, which enables fleets, carmakers, and insurers to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; xClaim, which enables digital, touchless, and real-time resolution of claims; StrandD, a digital, real-time dispatch, and tracking for roadside assistance and first notice of loss during accident claims; Good Driving that enables insurers and fleets to recognize drivers, train drivers, and build usage based insurance programs; and Drivebuddy AI, which provides driver-assistance capabilities. The company also provides insurance distribution platform that enables product creation and underwriting, re-insurer backing, and API exchange; and distribution, pre-inspection assistance, telematics, and roadside assistance. In addition, it offers insurance broker services. Roadzen, Inc. was founded in 2015 and is based in Burlingame, California.

RDZN Stock Price History

RDZN Stock News Headlines

Why Is Roadzen (RDZN) Stock Up 75% Today?
Urgent: Safeguard Your Finances from Biden NOW
Have you heard about Executive Order 14067? This lesser-known order introduced the Digital Dollar, an alarming plan aimed at controlling your spending. And it gets even more concerning: in November, the Federal Government and banks initiated a test program to implement the Digital Dollar.
Urgent: Safeguard Your Finances from Biden NOW
Have you heard about Executive Order 14067? This lesser-known order introduced the Digital Dollar, an alarming plan aimed at controlling your spending. And it gets even more concerning: in November, the Federal Government and banks initiated a test program to implement the Digital Dollar.
Roadzen Appoints Bruce Goldberg as General Counsel
See More Headlines
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Company Calendar

Today
7/04/2024
Next Earnings (Estimated)
10/07/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Insurance agents, brokers, & service
Sub-Industry
N/A
Current Symbol
NASDAQ:RDZN
Previous Symbol
NASDAQ:RDZN
Fax
N/A
Employees
324
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+263.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$46.72 million
Book Value
($10.21) per share

Miscellaneous

Free Float
N/A
Market Cap
$188.21 million
Optionable
Not Optionable
Beta
0.62
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Key Executives

  • Mr. Rohan Malhotra (Age 37)
    Founder, CEO & Director
    Comp: $108k
  • Mr. Ankur Kamboj (Age 43)
    Chief Operating Officer
    Comp: $61.5k
  • Mr. Mohit Pasricha (Age 32)
    Senior Vice President of Finance
    Comp: $56k
  • Mr. Xavier Blanchard (Age 57)
    Global Head of Strategy & Insurance
    Comp: $194.35k
  • Mr. Jean-Noel Gallardo (Age 48)
    Chief Financial Officer
  • Mr. Bruce M. Goldberg (Age 69)
    General Counsel
  • Sanya Soni
    Chief of Staff

RDZN Stock Analysis - Frequently Asked Questions

Should I buy or sell Roadzen stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Roadzen in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RDZN shares.
View RDZN analyst ratings
or view top-rated stocks.

What is Roadzen's stock price target for 2024?

1 analysts have issued 1-year price objectives for Roadzen's shares. Their RDZN share price targets range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next year. This suggests a possible upside of 263.6% from the stock's current price.
View analysts price targets for RDZN
or view top-rated stocks among Wall Street analysts.

How have RDZN shares performed in 2024?

Roadzen's stock was trading at $5.09 at the beginning of the year. Since then, RDZN stock has decreased by 46.0% and is now trading at $2.75.
View the best growth stocks for 2024 here
.

Are investors shorting Roadzen?

Roadzen saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 18,400 shares, a decline of 37.2% from the May 31st total of 29,300 shares. Based on an average daily trading volume, of 125,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company's stock are short sold.
View Roadzen's Short Interest
.

When is Roadzen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 7th 2024.
View our RDZN earnings forecast
.

How do I buy shares of Roadzen?

Shares of RDZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RDZN) was last updated on 7/5/2024 by MarketBeat.com Staff

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