Maxim Group Estimates Roadzen’s Q2 Earnings (NASDAQ:RDZN)

Roadzen Inc. (NASDAQ:RDZN) – Maxim Group lowered their Q2 2027 earnings per share (EPS) estimates for shares of Roadzen in a research report issued on Thursday, August 20th. Maxim Group analyst A. Klee now anticipates that the company will post earnings per share of ($0.06) for the quarter, down from their previous forecast of ($0.05). The consensus estimate for Roadzen’s current full-year earnings is ($0.14) per share. Maxim Group also issued estimates for Roadzen’s Q3 2027 earnings at ($0.04) EPS, Q4 2027 earnings at ($0.02) EPS, FY2027 earnings at ($0.16) EPS, Q2 2028 earnings at $0.00 EPS, Q3 2028 earnings at $0.02 EPS, Q4 2028 earnings at $0.05 EPS and FY2028 earnings at $0.04 EPS.

A number of other research firms also recently commented on RDZN. Wall Street Zen upgraded Roadzen from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Roadzen in a report on Friday, July 17th. Finally, Zacks Research raised shares of Roadzen to a “hold” rating in a research note on Thursday, July 2nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Roadzen Price Performance

Roadzen stock opened at $1.55 on Tuesday. The stock has a market capitalization of $132.44 million, a P/E ratio of -4.32 and a beta of 1.21. Roadzen has a 12-month low of $0.81 and a 12-month high of $2.56. The firm’s 50-day moving average is $1.34 and its two-hundred day moving average is $1.41.

Roadzen (NASDAQ:RDZN) last posted its earnings results on Thursday, August 13th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The firm had revenue of $16.19 million for the quarter, compared to analysts’ expectations of $16.05 million.

Institutional Investors Weigh In On Roadzen

Institutional investors and hedge funds have recently bought and sold shares of the business. OMERS ADMINISTRATION Corp acquired a new stake in Roadzen in the 4th quarter valued at $112,000. Hudson Bay Capital Management LP bought a new stake in shares of Roadzen during the 4th quarter valued at $109,000. Goldman Sachs Group Inc. boosted its holdings in Roadzen by 43.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 176,026 shares of the company’s stock worth $424,000 after buying an additional 53,694 shares during the last quarter. Marshall Wace LLP bought a new position in Roadzen during the 2nd quarter worth approximately $144,000. Finally, Jane Street Group LLC bought a new stake in shares of Roadzen in the 4th quarter valued at $102,000. Institutional investors own 24.73% of the company’s stock.

Key Roadzen News

Here are the key news stories impacting Roadzen this week:

• Positive Sentiment: Maxim raised its FY2028 EPS forecast to $0.04 from $0.03 and increased its Q3 2028 estimate to $0.02 from $0.01. The firm also lifted its Q4 2028 forecast substantially, to $0.05 from $0.01, indicating expectations for improving profitability over the longer term.
• Neutral Sentiment: Maxim expects Roadzen’s earnings to reach break-even in Q2 2028, followed by positive EPS in Q3 and Q4 2028. However, the company is still expected to report a loss of approximately $0.14 per share in the current year.
• Negative Sentiment: Maxim lowered its FY2027 EPS forecast to a loss of $0.16 from $0.14. Estimates were also reduced for Q2 2027 to a $0.06 loss, Q3 2027 to a $0.04 loss, and Q4 2027 to a $0.02 loss, while the Q2 2028 estimate was trimmed to break-even from $0.01. The revisions reinforce concerns about continued losses before the projected 2028 recovery. Maxim Group Has Negative Forecast for Roadzen Q1 Earnings

Roadzen Company Profile

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.