Root Inc/OH (ROOT)
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-05
$46.28-19.02%
Close 2026-11-05 · 1-day change
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-05
QuarterlyIQ Insights · ROOT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -35.7% |
| Our one-year growth estimate | diamond | -0.7% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 35.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 30 industry peers · Company calendar date is not available
ROOT — restructuring
Dated 2026-09-01
Entry into a Material Definitive Agreement. Warrant Cancellation and Exchange Agreement and the New Warrant On August 31, 2026, the Company entered into the Warrant Cancellation and Exchange Agreement, whereby the Company and Carvana agreed on the following: (i) Carvana surrendered, and the Company thereby cancelled, all outstanding long-term warrants that were previously issued on October 1, 2021 (the “Warrant Cancellation”) and (ii) simultaneously with the Warrant Cancellation, the Company…
Why it matters: Root reached 37 states in Q2 and aims to enter all contiguous states by the end of 2027. More launches would show progress toward that goal.
Supportive ifRoot names and launches at least one more state, bringing its total above 37, while keeping the end-2027 goal.
Worry ifRoot reports no further state launches by the end of 2027, or moves its stated goal past that date.
Why it matters: Root bought back more than $20 million of shares in Q2 under its $75 million program. Further purchases would confirm it is still using this capital plan.
Watch forRoot reports more share purchases under the $75 million program. Total purchases reach or exceed $75 million.
Also watch forRoot reports the program ended or was paused before total purchases reach $75 million.
Why it matters: Root plans to launch its new pricing model in Q4. Better risk pricing could support profit and customer growth.
Supportive ifRoot confirms the model launched in Q4 and reports better quote value or underwriting results than before.
Worry ifThe launch slips past Q4, or later results show a worse net combined ratio than Q2’s 92.1%.
Why it matters: These channels made up 51% of new writings in Q2, up from 44% a year earlier. A sustained share can reduce Root’s reliance on Direct sales.
Supportive ifPartnership and agent channels stay above 51% of new writings next quarter. Partnership writings grow year over year.
Worry ifTheir share falls below 44%, or partnership writings decline year over year.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$201 on $10,000 · ±2.0% | How much price usually moves either way. |
| Bad day | $692 loss on $10,000 · 6.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,244 loss on $10,000 · 52.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.