Root (ROOT) Projected to Announce Quarterly Earnings on Wednesday

Root (NASDAQ:ROOT) is projected to announce its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Root to announce earnings of $0.63 per share and revenue of $384.43 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Root (NASDAQ:ROOT) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.66. The business had revenue of $389.20 million for the quarter, compared to analyst estimates of $395.14 million. During the same quarter last year, the firm posted $1.29 EPS. The company’s revenue was up 1.6% compared to the same quarter last year. On average, analysts expect Root to post $4.46 EPS for the current fiscal year and $2.66 EPS for the next fiscal year.

Root Stock Performance

NASDAQ:ROOT opened at $52.29 on Wednesday. Root has a 1 year low of $40.91 and a 1 year high of $91.00. The stock has a market cap of $810.13 million, a price-to-earnings ratio of 14.77 and a beta of 2.91. The business has a fifty day moving average of $51.68 and a 200-day moving average of $54.80.

Analyst Ratings Changes

A number of brokerages recently weighed in on ROOT. Jefferies Financial Group cut shares of Root from a “buy” rating to a “hold” rating and cut their price objective for the company from $78.00 to $58.00 in a research note on Tuesday, August 11th. TD Cowen downgraded shares of Root from a “hold” rating to a “strong sell” rating in a report on Thursday, August 20th. Wells Fargo & Company reiterated a “cautious” rating on shares of Root in a research report on Monday, October 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Root in a research note on Monday. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Root from $95.00 to $80.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $58.75.

Root Company Profile

Root, Inc (NASDAQ:ROOT) is an insurance technology company that uses mobile technology and data-driven underwriting to provide personal insurance products. The company is best known for its automobile insurance, which is offered through a digital platform designed to allow customers to obtain quotes, purchase coverage and manage policies through a smartphone.

Root’s auto insurance model uses information collected through its mobile application, including driving-related data, to evaluate individual driving behavior and help determine eligibility and pricing.