Why Root, Inc. (ROOT) Is Surging in 2025
From Yahoo Finance: 2025-05-02 13:13:00
In 2025, the financial services sector is seeing a surge in performance and investor interest, with Root, Inc. (NASDAQ:ROOT) standing out among other stocks. Despite a rough patch in 2022, these stocks have rebounded, outperforming despite uncertain macro trends. Root, Inc. (NASDAQ:ROOT) has seen exceptional revenue growth, beating estimates and surpassing earnings expectations. This has led to a 28% jump in stock price in March alone, and a 187% increase over the past year. With a consensus price target of $112.67, Root, Inc. (NASDAQ:ROOT) is up 92.41% year-to-date, ranking 3rd on the list of financial services stocks surging in 2025.
Read more at Yahoo Finance: Why Root, Inc. (ROOT) Is Surging in 2025