Jarden downgrades Eroad, warns investors 'hit accelerator too hard'

Eroad's shares are up over 200% in the year to date. (Image: Supplied)

Thu, 16 Oct 2025

Jarden analysts have downgraded Eroad, arguing that investors have overvalued the potential of New Zealand’s upcoming shift to electronic road user charges.The transport technology company has rallied over 165% in 2025, thanks in part to the Government’s August announcement that it would transition the light vehicle fleet to electronic road user charges (eRUC).The company already processes around 90% of heavy-vehicle eRUC licences and stands to benefit from expansion to the wider light-vehicle fleet.'A strong track record&#...

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