Roadzen
RDZN
Market cap $54.8M

0.8000 USD

-0.0102

1.26%

At close Nov 15, 4:00 PM EST

1 day

-1.26%

5 days

-12.47%

1 month

-2.83%

3 months

-43.26%

6 months

-75.76%

Year to date

-83.30%

1 year

-82.72%

5 years

-87.82%

10 years

-87.82%

About: Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. The company's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Employees: 379

Financials Insurance Agents, Brokers & Service

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 6

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

20% more funds holding

Funds holding: 30 [Q2] → 36 (+6) [Q3]

0.72% less ownership

Funds ownership: 7.77% [Q2] → 7.05% (-0.72%) [Q3]

51% less capital invested

Capital invested by funds: $11.8M [Q2] → $5.74M (-$6.06M) [Q3]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$4

400%

upside

Avg. target

$5

525%

upside

High target

$6

650%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Maxim Group Allen Klee 40% 1-year accuracy 6 / 15 met price target	400%upside $4	Buy Maintained	15 Nov 2024
ThinkEquity Ashok Kumar 40% 1-year accuracy 4 / 10 met price target	650%upside $6	Buy Initiated	28 Oct 2024

See Analyst Rankings

Financial journalist opinion

Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its second quarter and six-month financial results for the period ended September 30, 2024.

Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results

Roadzen Unveils MixtapeAI: Next-Generation AI Agents for the Insurance Industry

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a pioneer in AI-driven insurance technology, has launched MixtapeAI, a platform designed to power AI agents and transform customer interactions in the insurance and mobility sectors. With MixtapeAI, insurers, brokers, agents, carmakers, and fleets can deliver intelligent, personalized, and secure customer experiences while automating complex workflows across multiple touchpoints.

Roadzen Unveils MixtapeAI: Next-Generation AI Agents for the Insurance Industry

Roadzen to Present at the ThinkEquity Investor Conference October 30, 2024

NEW YORK, October 18, 2024 – PRISM MediaWire – Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it will be participating in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York.

Roadzen to Present at the ThinkEquity Investor Conference October 30, 2024

System1 And 2 Other Stocks Under $2 Executives Are Buying

The Dow Jones index closed higher by more than 1% on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

System1 And 2 Other Stocks Under $2 Executives Are Buying

Roadzen Reports its Best Fiscal First Quarter Results in Q1 2025 Buoyed By Strong Year-Over-Year Revenue Growth and Addition of Several Marquee Clients

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its first quarter financial results for the three-months ended June 30, 2024.

Roadzen Reports its Best Fiscal First Quarter Results in Q1 2025 Buoyed By Strong Year-Over-Year Revenue Growth and Addition of Several Marquee Clients

Roadzen Secures Mizuho Debt Extension and Facility Increase

Additional $4 Million and Extension of Maturity on Existing $7.5 Million Facility Additional $4 Million and Extension of Maturity on Existing $7.5 Million Facility

Roadzen Secures Mizuho Debt Extension and Facility Increase

Roadzen CEO and Chairman Agree to Exchange $3.5 Million of Short-Term Debt for Equity in the Company

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced that the Company's Special Committee of Independent Directors has unanimously approved a plan for certain related parties to release $3.5 million of short-term debt in exchange for ordinary shares of RDZN. The related parties that have executed binding term sheets and agreed to the exchange include Roadzen's CEO, Rohan Malhotra, and Pi Capital International Inc. and its affiliate Marco Polo Securities, Inc., which is principally owned by Roadzen's Chairman of the Board.

Roadzen CEO and Chairman Agree to Exchange $3.5 Million of Short-Term Debt for Equity in the Company

Reading Penny Stocks Financial Statements, 3 Tips

Investing in penny stocks can be a lucrative venture for those who understand how to navigate financial statements effectively. Penny stocks, often priced under $5 per share, provide opportunities for significant returns on investment, but they require careful analysis and a strategic approach to financial statements.

Reading Penny Stocks Financial Statements, 3 Tips

Why Is Roadzen (RDZN) Stock Up 75% Today?

The artificial intelligence arms race may have uncovered a new stock that investors should be watching. Roadzen (NASDAQ: RDZN ) is bring AI to the world of auto insurance and according to its recent earnings report, business has been good.

Why Is Roadzen (RDZN) Stock Up 75% Today?

Roadzen Earnings: Avoid Or Become Roadkill

Roadzen's share price surged over 50% premarket, providing relief to shareholders after a significant decline in the past 2 months. Despite a promising AI-driven value proposition in auto insurance, Roadzen's heavily leveraged balance sheet and volatile revenue growth rates present significant risks. With looming debt obligations and an uncertain near-term outlook, investors are advised to avoid investing in Roadzen at this time.

Roadzen Earnings: Avoid Or Become Roadkill

See News Rankings

Charts implemented using Lightweight Charts™