Riskified Ltd. (NYSE:RSKD) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Riskified Ltd. (NYSE:RSKD) has received a consensus rating of "Hold" from analysts, with two sell ratings, two hold ratings, and three buy ratings, as its average 12-month price objective is set at $5.82.
• The company's recent quarterly earnings report showed a loss of ($0.07) earnings per share, missing analysts' expectations, although it generated revenues of $81.06 million, surpassing estimates of $80.17 million.
• Riskified's stock opened at $4.63 and has a market capitalization of approximately $745.60 million, with a 52-week price range between $3.94 and $5.99.

Riskified Ltd. (NYSE:RSKD - Get Free Report) has earned a consensus recommendation of "Hold" from the seven ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $5.8214.

RSKD has been the topic of several research analyst reports. Keefe, Bruyette & Woods cut their price objective on Riskified from $5.50 to $5.25 and set a "market perform" rating on the stock in a research report on Tuesday, August 19th. Piper Sandler lowered their target price on Riskified from $7.00 to $6.00 and set an "overweight" rating on the stock in a research note on Monday, August 18th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Riskified in a research report on Wednesday, August 20th. UBS Group lowered their price objective on shares of Riskified from $5.75 to $5.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 19th. Finally, DA Davidson dropped their target price on shares of Riskified from $6.50 to $6.00 and set a "buy" rating on the stock in a research note on Tuesday, August 19th.

Riskified Stock Up 2.7%

RSKD stock traded up $0.13 during trading on Friday, reaching $4.69. The stock had a trading volume of 268,201 shares, compared to its average volume of 951,569. The company has a market capitalization of $755.27 million, a price-to-earnings ratio of -19.52 and a beta of 1.36. Riskified has a one year low of $3.94 and a one year high of $5.99. The company's 50 day moving average is $4.97 and its two-hundred day moving average is $4.85.

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

Hedge Funds Weigh In On Riskified

Several institutional investors and hedge funds have recently bought and sold shares of RSKD. TFJ Management LLC purchased a new position in shares of Riskified during the 1st quarter valued at $3,615,000. Alta Fox Capital Management LLC bought a new stake in Riskified in the 1st quarter valued at about $3,498,000. Clearline Capital LP lifted its holdings in Riskified by 37.3% during the first quarter. Clearline Capital LP now owns 2,453,506 shares of the company's stock valued at $11,335,000 after purchasing an additional 666,175 shares during the last quarter. Millennium Management LLC lifted its holdings in Riskified by 171.0% during the fourth quarter. Millennium Management LLC now owns 766,977 shares of the company's stock valued at $3,628,000 after purchasing an additional 483,975 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in Riskified during the second quarter worth about $1,453,000. 58.98% of the stock is owned by institutional investors.

Riskified Company Profile

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.