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Added to YB: 2026-07-06

Pitch date: 2026-07-01

ROOT [neutral]

Root, Inc.

+5.28%

current return

Author Info

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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

$977.0M

Pitch Price

$60.78

Price Target

120.00 (+88%)

Dividend

N/A

EV/EBITDA

8.30

P/E

18.23

EV/Sales

0.44

Sector

Insurance

Category

growth

Show full summary:
Komodo Capital | 1H 2026 Portfolio Review - Root, Inc.

ROOT (holding update): 3rd largest holding at 8.4%. Auto insurtech mispriced at ~5x '27 earnings, ~20% YoY PIF growth. $75M buyback (~9% float) post-Q1. Penalized by AI CapEx liquidity flows; CEO poor at AI narrative but IR ramping publicity. Micro-cap edge in system architecture/model training. Won't sell below ~$120/share.

Read full article (1 min)