Added to YB: 2026-03-18
Pitch date: 2026-03-16
ROOT [neutral]
Root, Inc.
+3.69%
current return
Author Info
Komodo Capital shares their favorite risk adjusted ideas in the market today, ranging from micro caps to mega caps. Sign up for the newsletter.
Company Info
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products primarily through websites, mobile applications, and partnership channels.
Market Cap
$680.7M
Pitch Price
$45.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.04
P/E
18.54
EV/Sales
0.22
Sector
Insurance
Category
growth
Quick Update: ROOT Insurance ($ROOT)
ROOT (update): Q2-Q4 PIF growth +12%→+16% YoY, but shares -28% on competitive fears. Embedded partnerships scaling: Carvana 12% conversion (33% vol growth), Hyundai Capital 1.8k dealerships live late '26, Toyota CAS telematics. Conservative est: CVNA alone adds 75k+72k policies '26-'27 (30% of current PIF). Re-insurance tailwind + op leverage hidden. Q1 '26 catalyst.
Read full article (5 min)