Root (NASDAQ:ROOT) Hits New 52-Week Low

Analysts weigh in on whether investors should sell the stock

Published on Mar. 2, 2026

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Root, Inc. (NASDAQ:ROOT), a Columbus, Ohio-based insurance company that uses mobile technology and data analytics to offer personalized auto insurance policies, saw its stock price hit a new 52-week low of $48.25 during mid-day trading on Monday. The stock closed at $49.6750, with a trading volume of 102,243 shares.

Why it matters

Root's stock performance is closely watched by investors and analysts as the company aims to disrupt the traditional auto insurance industry through its usage-based, data-driven approach. The new 52-week low raises questions about the company's long-term prospects and whether investors should consider selling their shares.

The details

Wall Street analysts have issued mixed ratings and price targets for Root's stock. Some have downgraded the stock and lowered their price targets, while others have maintained a hold or outperform rating. The company's debt-to-equity ratio, quick ratio, and current ratio suggest it is in a relatively stable financial position.

  • Root's stock price hit a new 52-week low of $48.25 during mid-day trading on Monday, March 2, 2026.
  • The stock closed at $49.6750 on March 2, 2026.

The players

Root, Inc.

A Columbus, Ohio-based insurance company that leverages mobile technology and data analytics to offer personalized auto insurance policies.

Wall Street Zen

A research firm that raised its rating on Root from a "sell" to a "hold" rating.

Wells Fargo & Company

A financial services company that decreased its price target on Root from $75.00 to $70.00 and maintained an "equal weight" rating on the stock.

Keefe, Bruyette & Woods

A financial services firm that reiterated an "outperform" rating on Root and set a price target of $104.00 (down from $150.00).

Weiss Ratings

A research firm that raised its rating on Root from a "sell (d+)" to a "hold (c)" rating.

Zacks Research

A research firm that raised its rating on Root from a "strong sell" to a "hold" rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.