Riskified Ltd. (NYSE:RSKD) Given Average Rating of "Hold" by Analysts

Key Points

• Riskified Ltd. has received an average analyst rating of "Hold", with three sell ratings, two hold ratings, and three buy ratings from a total of eight research firms.
• The company's stock opened at $4.93, with a market cap of $793.95 million and recorded a 2.2% increase on the trading day.
• Riskified reported earnings of ($0.07) per share for the last quarter, falling short of the expected $0.02, while its quarterly revenue increased by 3.0% year-over-year to $81.06 million.

Riskified Ltd. (NYSE:RSKD - Get Free Report) has been assigned a consensus rating of "Hold" from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $5.8214.

RSKD has been the subject of several analyst reports. JPMorgan Chase & Co. restated an "underweight" rating on shares of Riskified in a report on Wednesday, August 20th. UBS Group cut their price objective on shares of Riskified from $5.75 to $5.00 and set a "neutral" rating for the company in a research report on Tuesday, August 19th. Wall Street Zen upgraded shares of Riskified from a "hold" rating to a "buy" rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Riskified in a research report on Saturday. Finally, Piper Sandler lowered their price objective on shares of Riskified from $7.00 to $6.00 and set an "overweight" rating for the company in a research report on Monday, August 18th.

Institutional Investors Weigh In On Riskified

A number of institutional investors and hedge funds have recently made changes to their positions in RSKD. Jennison Associates LLC grew its position in shares of Riskified by 3.3% during the 2nd quarter. Jennison Associates LLC now owns 5,886,511 shares of the company's stock valued at $29,374,000 after acquiring an additional 189,188 shares during the period. Harvey Partners LLC lifted its stake in Riskified by 0.6% in the 2nd quarter. Harvey Partners LLC now owns 2,569,145 shares of the company's stock worth $12,820,000 after purchasing an additional 16,145 shares in the last quarter. Clearline Capital LP lifted its stake in Riskified by 37.3% in the 1st quarter. Clearline Capital LP now owns 2,453,506 shares of the company's stock worth $11,335,000 after purchasing an additional 666,175 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Riskified by 17.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,104,694 shares of the company's stock worth $5,512,000 after acquiring an additional 165,947 shares during the last quarter. Finally, Monimus Capital Management LP boosted its holdings in shares of Riskified by 3.0% in the 2nd quarter. Monimus Capital Management LP now owns 979,938 shares of the company's stock worth $4,890,000 after purchasing an additional 28,633 shares in the last quarter. Institutional investors and hedge funds own 58.98% of the company's stock.

Riskified Stock Up 2.2%

RSKD opened at $4.93 on Friday. The firm has a market cap of $793.95 million, a PE ratio of -20.52 and a beta of 1.35. The business has a fifty day simple moving average of $4.65 and a 200-day simple moving average of $4.85. Riskified has a fifty-two week low of $3.94 and a fifty-two week high of $5.99.

Riskified (NYSE:RSKD - Get Free Report) last posted its earnings results on Monday, August 18th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.09). Riskified had a negative net margin of 11.70% and a negative return on equity of 8.27%. The company had revenue of $81.06 million for the quarter, compared to the consensus estimate of $80.17 million. During the same quarter last year, the business earned $0.04 earnings per share. Riskified's quarterly revenue was up 3.0% on a year-over-year basis. Riskified has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Riskified will post -0.15 EPS for the current fiscal year.

About Riskified

Riskified Ltd., together with its subsidiaries, develops and offers an e-commerce risk management platform that allows online merchants to create trusted relationships with consumers in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and the Americas. It offers Chargeback Guarantee that ensures the legitimacy of merchants' online orders; Policy Protect, a machine learning solution designed to detect and prevent refund and returns policy abuse in real-time; Account Secure, a solution that cross-checks every login attempt; Dispute Resolve, which is used to compile submissions for fraud and non-fraud related chargeback issues; and PSD2 Optimize that helps merchants avoid bank authorization failures and abandoned shopping carts.

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