Rezolve AI PLC (RZLV) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst sentiment is cautiously positive: Five firms give Rezolve AI a consensus “Moderate Buy” rating, with four buys and one sell. The average 12-month price target is $10.12.
• Institutional ownership is limited but growing: Several investment firms increased their positions, while institutional investors and hedge funds collectively own 27.96% of the stock.
• Financial and market performance remain weak: Shares opened at $1.47, near their 52-week low, while the company reported a larger-than-expected quarterly loss and revenue of $65.39 million versus $127 million expected.

Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) have been given a consensus rating of "Moderate Buy" by the five research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $10.12.

Several research firms recently issued reports on RZLV. Cantor Fitzgerald reiterated an "overweight" rating on shares of Rezolve AI in a research report on Wednesday, October 7th. Roth Capital reissued a "buy" rating and issued a $6.50 price objective on shares of Rezolve AI in a research note on Wednesday, September 2nd. Weiss Ratings upgraded shares of Rezolve AI from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Friday, July 31st. Finally, Wall Street Zen cut Rezolve AI from a "hold" rating to a "sell" rating in a report on Saturday, August 22nd.

Institutional Trading of Rezolve AI

Large investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Rezolve AI by 90.5% in the 1st quarter. Royal Bank of Canada now owns 13,778 shares of the company's stock valued at $37,000 after purchasing an additional 6,546 shares in the last quarter. USAdvisors Wealth Management LLC bought a new position in Rezolve AI in the 3rd quarter valued at approximately $32,000. Principal Financial Group Inc. boosted its position in Rezolve AI by 51.5% in the first quarter. Principal Financial Group Inc. now owns 16,044 shares of the company's stock valued at $41,000 after buying an additional 5,456 shares in the last quarter. Sei Investments Co. grew its stake in shares of Rezolve AI by 28.2% during the first quarter. Sei Investments Co. now owns 17,781 shares of the company's stock worth $46,000 after buying an additional 3,912 shares during the last quarter. Finally, Diversified Trust Co increased its holdings in shares of Rezolve AI by 26.0% during the first quarter. Diversified Trust Co now owns 19,148 shares of the company's stock worth $49,000 after buying an additional 3,946 shares in the last quarter. 27.96% of the stock is owned by institutional investors and hedge funds.

Rezolve AI Price Performance

Shares of Rezolve AI stock opened at $1.47 on Monday. Rezolve AI has a 52-week low of $1.45 and a 52-week high of $5.00. The firm has a 50-day moving average of $2.21 and a 200-day moving average of $2.46.

Rezolve AI (NASDAQ:RZLV - Get Free Report) last announced its earnings results on Tuesday, September 1st. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.20). The business had revenue of $65.39 million for the quarter, compared to analysts' expectations of $127.00 million. During the same quarter in the previous year, the firm posted ($0.25) EPS. As a group, equities analysts forecast that Rezolve AI will post -0.52 earnings per share for the current year.

Rezolve AI Company Profile

Rezolve AI Limited is a technology company that develops artificial intelligence solutions for digital commerce and customer engagement. Its platform is designed to help retailers and brands create more personalized shopping experiences across digital channels, including websites, mobile applications and messaging environments.

The company's products use AI to support functions such as product discovery, conversational shopping, recommendations, customer service and transaction assistance.

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