Rezolve AI (NASDAQ:RZLV - Get Free Report)'s stock had its "buy" rating reissued by HC Wainwright in a report released on Tuesday,Benzinga reports. They presently have a $4.00 price target on the stock. HC Wainwright's target price points to 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.
Other research analysts also recently issued research reports about the company. Roth Mkm reaffirmed a "buy" rating and set a $4.00 price target on shares of Rezolve AI in a research note on Wednesday, March 19th. Maxim Group assumed coverage on shares of Rezolve AI in a report on Thursday, January 16th. They issued a "buy" rating and a $10.00 price target on the stock. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $6.00.
View Our Latest Research Report on RZLV
Rezolve AI Stock Performance
NASDAQ RZLV traded up $0.07 during mid-day trading on Tuesday, hitting $2.26. The stock had a trading volume of 6,365,041 shares, compared to its average volume of 5,243,034. The company has a 50 day simple moving average of $1.57 and a 200 day simple moving average of $2.66. Rezolve AI has a 52-week low of $1.07 and a 52-week high of $12.29.
Hedge Funds Weigh In On Rezolve AI
Institutional investors and hedge funds have recently modified their holdings of the company. Wolverine Asset Management LLC purchased a new stake in Rezolve AI in the 4th quarter worth approximately $51,000. SBI Securities Co. Ltd. purchased a new stake in shares of Rezolve AI in the fourth quarter valued at $38,000. Periscope Capital Inc. acquired a new position in Rezolve AI in the fourth quarter valued at $268,000. WINTON GROUP Ltd purchased a new position in Rezolve AI during the fourth quarter worth about $279,000. Finally, Highbridge Capital Management LLC acquired a new stake in Rezolve AI in the 4th quarter worth about $286,000. Hedge funds and other institutional investors own 27.96% of the company's stock.
Rezolve AI Company Profile
(
Get Free Report)
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.
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