From Nasdaq: 2025-04-25 17:25:00

Insurance company Root (NASDAQ: ROOT) saw a share price gain of nearly 26% this week, boosted by a significant analyst price target raise to $150 per share by Keefe, Bruyette & Woods’ Tommy McJoynt. Root is expected to exceed consensus analyst estimates for 2025 to 2027, with growth potential in policies-in-force numbers and partnerships with auto industry players like Carvana. Root posted a surprise net profit in 2024 and is considered a buy despite being overshadowed by larger insurance companies.

While Root has shown promising growth, it wasn’t identified as one of the 10 best stocks to buy by The Motley Fool Stock Advisor analyst team. The team has a track record of outperforming the market, with a total average return of 859% compared to the S&P 500’s 158%. Investors looking for potential high returns may want to explore other options listed by the team.



Read more at Nasdaq: Why Root Stock Zoomed Almost 26% Higher This Week