ROOT
Root, Inc.
NASDAQ · Financial Services · Insurance - Property & Casualty · US
$56.59
+2.17%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
22.0x
EV/EBITDA
1.7x
Market Cap
$876.76M
MomentumView details →
1D Return
+2.17%
YTD Return
−21.98%
RSI (14)
51.9
ValuationView details →
P/E (Fwd)
22.0x
EV/EBITDA
1.7x
Market Cap
$876.76M
RSI (14)
51.9
MomentumView details →
1D Return
+2.17%
YTD Return
−21.98%
SummaryUpdated Jun 1, 2026
Root, Inc. (NASDAQ:ROOT) is a technology-driven insurance company founded in 2015 and headquartered in Columbus, Ohio. The company went public in October 2020 and has positioned itself as a disruptor in the traditional auto insurance industry by leveraging mobile technology, telematics data, and advanced data science to price policies based on actual driving behavior rather than traditional demographic factors. After years of losses while building its technology platform and customer base, Root achieved its first full year of profitability in 2024, marking a significant milestone in its transformation from a growth-focused startup to a profitable insurance operation.
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Root, Inc. cancelled Carvana's outstanding long-term warrants and issued Carvana a new Common Stock Purchase Warrant to purchase up to 1,525,560 shares of Class A Common Stock in five tranches of 305,112 shares each, subject to milestones tied to policy originations.3d agoRoot Insurance and Carvana extended their embedded insurance agreement, building on a partnership that has sold more than 200,000 policies.3d agoRoot Inc. and TheZebra.com announced a partnership to integrate real-time insurance quotes into The Zebra's marketplace, expanding access to personalized insurance options for consumers and independent agents.23d ago