Rezolve AI (NASDAQ:RZLV) Given "Buy" Rating at HC Wainwright

Rezolve AI (NASDAQ:RZLV - Get Free Report)'s stock had its "buy" rating reaffirmed by HC Wainwright in a research note issued on Tuesday,Benzinga reports. They presently have a $4.00 price objective on the stock. HC Wainwright's price objective suggests a potential upside of 76.99% from the company's previous close. HC Wainwright also issued estimates for Rezolve AI's FY2025 earnings at ($0.21) EPS and FY2026 earnings at ($0.09) EPS.

A number of other research firms have also weighed in on RZLV. Roth Mkm restated a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a report on Wednesday, March 19th. Maxim Group assumed coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a "buy" rating and a $10.00 price objective on the stock. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $6.00.

Rezolve AI Stock Up 3.2 %

Shares of NASDAQ RZLV traded up $0.07 during mid-day trading on Tuesday, reaching $2.26. 6,365,041 shares of the company's stock traded hands, compared to its average volume of 5,243,031. The business has a 50-day simple moving average of $1.57 and a 200 day simple moving average of $2.68. Rezolve AI has a 1-year low of $1.07 and a 1-year high of $12.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Owl Capital Holdings LP bought a new stake in shares of Rezolve AI in the 4th quarter worth approximately $670,000. SBI Securities Co. Ltd. purchased a new stake in Rezolve AI in the fourth quarter worth $38,000. Highbridge Capital Management LLC bought a new stake in shares of Rezolve AI in the fourth quarter valued at $286,000. Periscope Capital Inc. purchased a new position in shares of Rezolve AI during the 4th quarter valued at $268,000. Finally, RPO LLC bought a new position in shares of Rezolve AI during the 4th quarter worth $108,000. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

Rezolve AI Company Profile

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.