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Roadzen Inc (RDZN)
NASDAQ:RDZN
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RDZN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.71 - $7.17
Previous Close$1.78
Volume627.52K
Average Volume (3M)232.11K
Market Cap
$121.82M
Enterprise Value$139.85M
Total Cash (Recent Filing)$5.99M
Total Debt (Recent Filing)$24.51M
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Feb 17, 2025EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.97
Shares Outstanding68,440,829
10 Day Avg. Volume942,998
30 Day Avg. Volume232,110
Standard Deviation0.19
R-Squared0.04
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)-3.63
Price to Sales (P/S)3.34
Price to Cash Flow (P/CF)-5.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.72
Enterprise Value/Gross Profit4.89
Enterprise Value/Ebitda-2.73
Forecast
1Y Price Target
$5.00Price Target Upside180.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Roadzen Inc News
PremiumCompany Announcements
Roadzen Inc. Reports Strong Revenue Growth Amid Challenges
PremiumCompany Announcements
Roadzen Inc Extends Vesting Schedule for Key Executives
Bulls Say, Bears Say
Bulls Say
Business ModelAn attractive business model: asset-light, does not take insurance risk, utilizes low-cost technology from India, expanding globally with M&A, cross-selling opportunities, almost 100% of revenue is recurring and likely repeatable.
Market PositionGlobal auto insurance represents a TAM of over $800B and Roadzen is positioned as a low-cost, technology provider, which should support long-term growth.
Technology And InnovationRoadzen utilizes technology and AI to improve auto insurance, making it faster and cheaper while safer for drivers.
Bears Say
Financial PerformanceAdjusted EBITDA loss was slightly wider than estimates due to temporary stoppage of some business in the UK and India.
Insurance OfferingsThe UK has been impacted by temporary suspension of its GAP insurance offerings.
Revenue DeclineRevenue was down 12% year over year with the main variance due to not writing UK-based GAP insurance.
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Ownership Overview
35.35% Insiders
0.52% Mutual Funds
4.62% Other Institutional Investors
58.50% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
RDZN FAQ
What was Roadzen Inc’s price range in the past 12 months?
Roadzen Inc lowest stock price was $0.71 and its highest was $7.17 in the past 12 months.
What is Roadzen Inc’s market cap?
Currently, no data Available
When is Roadzen Inc’s upcoming earnings report date?
Roadzen Inc’s upcoming earnings report date is Feb 17, 2025 which is in 57 days.
How were Roadzen Inc’s earnings last quarter?
Roadzen Inc released its earnings results on Nov 13, 2024. The company reported -$0.32 earnings per share for the quarter, beating the consensus estimate of -$0.35 by $0.03.
Is Roadzen Inc overvalued?
According to Wall Street analysts Roadzen Inc’s price is currently Undervalued.
Does Roadzen Inc pay dividends?
Roadzen Inc does not currently pay dividends.
What is Roadzen Inc’s EPS estimate?
Roadzen Inc’s EPS estimate is -$0.09.
How many shares outstanding does Roadzen Inc have?
Roadzen Inc has 68,440,830 shares outstanding.
What happened to Roadzen Inc’s price movement after its last earnings report?
Roadzen Inc reported an EPS of -$0.32 in its last earnings report, beating expectations of -$0.35. Following the earnings report the stock price went down -3.571%.
Which hedge fund is a major shareholder of Roadzen Inc?
Among the largest hedge funds holding Roadzen Inc’s share is Saba Capital Management. It holds Roadzen Inc’s shares valued at N/A.
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Roadzen Inc Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$5.00 (180.90% Upside)
$5.00 (180.90% Upside)
Blogger Sentiment
Bearish
RDZN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $7.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.25%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-55.64%
Trailing 12-Months
Company Description
Roadzen Inc
Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
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RDZN Stock 12 Month Forecast
Average Price Target
$5.00
▲(180.90% Upside)
Technical Analysis
Best Analysts Covering RDZN
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
+8.08%
reiterated a buy rating last month
Copying Allen Klee's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +8.08% per trade.
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