Roadzen (NASDAQ:RDZN) Upgraded by Wall Street Zen to Hold Rating

Roadzen (NASDAQ:RDZN) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Roadzen in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Roadzen Price Performance

Shares of NASDAQ RDZN opened at $1.34 on Friday. The company’s 50 day simple moving average is $1.69 and its 200 day simple moving average is $1.59. Roadzen has a fifty-two week low of $0.81 and a fifty-two week high of $2.56. The firm has a market capitalization of $113.31 million, a P/E ratio of -4.62 and a beta of 1.19.

Roadzen (NASDAQ:RDZN) last announced its quarterly earnings data on Monday, June 29th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The business had revenue of $16.12 million for the quarter, compared to analysts’ expectations of $15.30 million. Sell-side analysts expect that Roadzen will post -0.14 EPS for the current fiscal year.

Institutional Trading of Roadzen

Several hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its position in shares of Roadzen by 51.7% during the first quarter. AQR Capital Management LLC now owns 40,559 shares of the company’s stock worth $42,000 after acquiring an additional 13,830 shares in the last quarter. Bank of America Corp DE lifted its position in Roadzen by 263.3% in the 4th quarter. Bank of America Corp DE now owns 30,238 shares of the company’s stock valued at $66,000 after acquiring an additional 21,915 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Roadzen by 26.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 144,213 shares of the company’s stock valued at $150,000 after acquiring an additional 30,305 shares in the last quarter. Jane Street Group LLC acquired a new position in Roadzen in the 4th quarter worth $102,000. Finally, Hudson Bay Capital Management LP acquired a new position in Roadzen in the 4th quarter worth $109,000. Institutional investors and hedge funds own 24.73% of the company’s stock.

More Roadzen News

Here are the key news stories impacting Roadzen this week:

• Neutral Sentiment: Maxim Group reiterated its longer-term outlook for Roadzen, forecasting a return to small profits by FY2028, with EPS estimates of $0.01 in multiple 2028 quarters and $0.03 for FY2028. Article Title
• Neutral Sentiment: The firm’s near-term estimates remain negative, including FY2027 EPS of $(0.14) and quarterly losses of $(0.06), $(0.05), $(0.03), and $(0.01) across Q1-Q4 2027, which suggests Roadzen may still face profitability pressure before any expected improvement. Article Title
• Negative Sentiment: The analyst note does not indicate a near-term catalyst for faster growth or profitability, so investors may view the updates as confirmation that Roadzen’s earnings recovery is still a few years away. Article Title

About Roadzen

Roadzen (NASDAQ:RDZN) is a global technology provider specializing in AI-driven telematics, data analytics and risk management solutions for the automotive and insurance industries. The company’s core offerings include usage-based insurance (UBI) platforms, driver behavior analytics tools and predictive risk modeling services. By leveraging machine learning algorithms, telematics data and mobile connectivity, Roadzen enables insurers and fleet operators to optimize underwriting processes and enhance policyholder engagement through personalized pricing and proactive risk mitigation.

Founded in 2015 and headquartered in Singapore, Roadzen has established regional operations and development centers in India and other key markets across Asia-Pacific and Latin America.