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

Roadzen Inc. (NASDAQ:RDZN) – Analysts at Maxim Group reduced their Q2 2027 earnings per share (EPS) estimates for shares of Roadzen in a research report issued to clients and investors on Thursday, August 20th. Maxim Group analyst A. Klee now anticipates that the company will earn ($0.06) per share for the quarter, down from their prior 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.

Other equities analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Roadzen from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Zacks Research raised Roadzen to a “hold” rating in a report on Thursday, July 2nd. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Roadzen in a research report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Roadzen presently has an average rating of “Reduce”.

Roadzen Stock Performance

Roadzen stock opened at $1.55 on Tuesday. Roadzen has a 52 week low of $0.81 and a 52 week high of $2.56. The stock has a 50-day simple moving average of $1.34 and a 200 day simple moving average of $1.41. The stock has a market capitalization of $132.44 million, a P/E ratio of -4.32 and a beta of 1.21.

Roadzen (NASDAQ:RDZN) last released its earnings results on Thursday, August 13th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The firm had revenue of $16.19 million during the quarter, compared to the consensus estimate of $16.05 million.

Institutional Trading of Roadzen

Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC boosted its position in shares of Roadzen by 51.7% during the 1st quarter. AQR Capital Management LLC now owns 40,559 shares of the company’s stock valued at $42,000 after purchasing an additional 13,830 shares in the last quarter. Bank of America Corp DE grew 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 purchasing an additional 21,915 shares during the period. Qube Research & Technologies Ltd bought a new stake in shares of Roadzen during the second quarter worth about $78,000. Jane Street Group LLC bought a new stake in Roadzen during the 4th quarter worth approximately $102,000. Finally, Hudson Bay Capital Management LP purchased a new position in Roadzen during the 4th quarter worth $109,000. Institutional investors own 24.73% of the company’s stock.

Trending Headlines about Roadzen

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

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.