Root, Inc. Class A (ROOT)

Root, Inc.'s stock has experienced significant fluctuations in the past six months. As of April 10, 2026, the stock price was $44.00, with a 52-week range from $40.91 to $162.99. In February 2026, Root reported its Q4 2025 earnings, which were highlighted by strong 2025 growth, record profitability metrics, and a solid capital base, but the stock declined by 5.5% the day following the earnings announcement. Earlier, in August 2025, Root's stock fell by 2.38% in aftermarket trading despite significantly surpassing analyst expectations for Q2 2025 earnings. However, in March 2026, shares of Root Inc. surged over 150% following a report of a profitable third quarter (Q3 2025) and a major revenue increase.

Root, Inc. expects its loss ratios to increase in the second half of the year due to typical seasonality. The company plans to continue investing in expanding its national footprint and enhancing its product suite, while aiming to maintain positive adjusted EBITDA despite expected seasonal increases in loss ratios.

Root, Inc. is a technology insurance company founded in 2015 that operates in the direct property and casualty insurance carriers industry. Root aims to revolutionize the insurance industry by leveraging data science and mobile technology to offer personalized rates based primarily on individual driving behavior rather than demographics. The company's core products include automobile insurance and renters insurance, and it also offers homeowners insurance in a limited number of states. Root utilizes its platform to collect customer data to determine underwriting and pricing for its insurance products.

Root, Inc. offers car insurance in 36 states across the United States, with its largest markets being Texas, Georgia, and Colorado. The company also provides renters insurance in selected states, including Arkansas, Georgia, Kentucky, Missouri, Nevada, New Mexico, Ohio, Tennessee, and Utah. Root is focused on national expansion and aims to increase its market penetration by broadening its geographical footprint. In September 2025, Root expanded its services to Washington state, completing its West Coast coverage and reaching over 78% of the U.S. population.

Root, Inc. positions itself as a company disrupting the traditional insurance industry by promoting fairness, simplicity, and personalization through its technology-driven approach. The company emphasizes its use of data science and mobile technology to offer personalized and fair rates based on driving behavior. Root's mobile app, which has over 15 million downloads, allows drivers to manage their policies and file claims, contributing to a modern app experience. The company's commitment to innovation and customer-centricity is highlighted in its messaging.

Root, Inc. is owned by a mix of institutional shareholders, insiders, and retail investors. As of April 10, 2026, institutional shareholders hold 65.65% of the company, while Root insiders hold 194.89%, and retail investors hold 0.00%. Major institutional owners include Ribbit Management Company, LLC, BlackRock, Inc., T. Rowe Price Investment Management, Inc., Vanguard Group Inc, Capital Research Global Investors, Geode Capital Management, Llc, State Street Corp, Galileo (PTC) Ltd, Renaissance Technologies Llc, and Findell Capital Management Llc. Significant individual and insider owners include Capital Partners III LP, Silver Lake Group LLC, SVB Financial Group, Venture Overage Fund LP, Hemal Shah, and Alexander Timm (CEO).