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Home โบ Stocks โบ Roadzen Inc. (RDZN) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Software - Application
$1.18
-0.02 (-1.67%)Did RDZN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Roadzen is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, RDZN has a bullish consensus with a median price target of $5.00 (ranging from $5.00 to $5.00). The overall analyst rating is N/A (N/A/10). Currently trading at $1.18, the median forecast implies a 323.7% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RDZN.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 15, 2024 | Maxim Group | Allen Klee | Buy | Maintains | $4.00 |
| Oct 28, 2024 | ThinkEquity | Ashok Kumar | Buy | Initiates | $6.00 |
| May 23, 2024 | Maxim Group | Allen Klee | Buy | Initiates | $10.00 |
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Roadzen Inc. has a market capitalization of $95.63M with a P/E ratio of 185.3x. The company generates $50.30M in trailing twelve-month revenue with a -30.6% profit margin.
Revenue growth is +18.8% quarter-over-quarter, while maintaining an operating margin of -16.5% and return on equity of +283.6%.
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Provides technology-driven insurance solutions for auto industry.
Roadzen Inc. operates by developing innovative insurance products that leverage telematics, artificial intelligence, and data analytics. The company generates revenue by offering its platform to insurers, enabling them to enhance underwriting, risk assessment, claims management, and customer engagement processes, ultimately leading to improved accuracy and reduced operational costs.
The company targets various stakeholders in the automotive and insurance sectors, including insurers, vehicle manufacturers, and fleet operators. Roadzen Inc. is positioned as a key player in the digital transformation of the auto insurance market, focusing on transparency and customer-centric services.
Technology
Software - Application
294
Mr. Rohan Malhotra
United States
2022
Roadzen secured its second major European OEM partnership, highlighting the increasing acceptance of its AI-driven embedded insurance platform among global automakers.
Roadzen's win with a major European OEM highlights its increasing market penetration and demand for AI-driven insurance, signaling potential revenue growth and competitive advantage in the automotive sector.
drivebuddyAI has obtained 15 patents and has several pending. It is the only technology to achieve AIS-184, EU GSR 2144, and Euro NCAP 2026 certifications.
DrivebuddyAI's patents and certifications enhance its competitive edge, potentially leading to increased market share and profitability, which can drive stock performance and investor interest.
Roadzen Inc. (Nasdaq: RDZN) will present at the "Powering the AI Revolution" virtual conference on April 7, 2026, featuring a discussion with CEO Rohan Malhotra.
Roadzen Inc.'s participation in a prominent AI conference highlights its leadership and innovation in the insurance and mobility sectors, potentially boosting investor confidence and interest.
drivebuddyAI holds 15+ global patents and has achieved AIS-184, EU GSR 2144, and Euro NCAP 2026 certifications, strengthening its role in mobility technology.
DrivebuddyAI's patents and certifications enhance its competitive advantage in the mobility sector, potentially leading to increased market share and revenue growth, impacting investor sentiment positively.
Roadzen reported an 18.8% revenue increase in Q3 to $14.4 million and reduced its operating loss by 25.4% to $(2.4) million, marking its best quarter in two years.
Roadzen's revenue growth and reduced operating losses signal improved financial health and market positioning, enhancing investor confidence and potentially boosting stock performance.
Roadzen Inc. has agreed to acquire VehicleCare, enhancing its claims intelligence platform. The deal is valued at $277 million, expected to add $10 million in revenue, with no shareholder dilution.
Roadzen's acquisition of VehicleCare enhances its platform, driving revenue growth and operational efficiency. The premium valuation suggests strong market confidence, potentially boosting share prices.
Based on our analysis of 2 Wall Street analysts, Roadzen Inc. (RDZN) has a median price target of $5.00. The highest price target is $5.00 and the lowest is $5.00.
According to current analyst ratings, RDZN has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.18. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RDZN stock could reach $5.00 in the next 12 months. This represents a 323.7% increase from the current price of $1.18. Please note that this is a projection by Wall Street analysts and not a guarantee.
Roadzen Inc. operates by developing innovative insurance products that leverage telematics, artificial intelligence, and data analytics. The company generates revenue by offering its platform to insurers, enabling them to enhance underwriting, risk assessment, claims management, and customer engagement processes, ultimately leading to improved accuracy and reduced operational costs.
The highest price target for RDZN is $5.00 from at , which represents a 323.7% increase from the current price of $1.18.
The lowest price target for RDZN is $5.00 from at , which represents a 323.7% increase from the current price of $1.18.
The overall analyst consensus for RDZN is bullish. Out of 2 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $5.00.
Stock price projections, including those for Roadzen Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.