Riskified's (RSKD) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• Riskified's stock has been given a "sell (D-)" rating by Weiss Ratings, which has been reiterated in a recent report, despite contrasting opinions from other analysts.
• The company's earnings report showed a miss on earnings per share, at ($0.07), compared to analysts' expectations of $0.02, although revenue rose by 3.0% year-over-year to $81.06 million.
• Analysts have mixed views on Riskified, with three giving it a "buy" rating, two a "hold," and three a "sell," resulting in an average rating of "hold" with a consensus target price of $5.82.

Riskified (NYSE:RSKD - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

RSKD has been the topic of a number of other reports. DA Davidson reduced their target price on shares of Riskified from $6.50 to $6.00 and set a "buy" rating on the stock in a research report on Tuesday, August 19th. Wall Street Zen raised shares of Riskified from a "hold" rating to a "buy" rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. reissued an "underweight" rating on shares of Riskified in a research report on Wednesday, August 20th. Piper Sandler cut their price objective on shares of Riskified from $7.00 to $6.00 and set an "overweight" rating on the stock in a research report on Monday, August 18th. Finally, UBS Group cut 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. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $5.82.

Riskified Price Performance

NYSE:RSKD opened at $4.66 on Wednesday. The firm's 50-day moving average price is $4.75 and its 200-day moving average price is $4.83. The company has a market capitalization of $751.24 million, a PE ratio of -19.42 and a beta of 1.35. Riskified has a 1-year low of $3.94 and a 1-year high of $5.99.

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

Institutional Trading of Riskified

A number of institutional investors have recently made changes to their positions in RSKD. Raymond James Financial Inc. purchased a new stake in shares of Riskified during the 2nd quarter valued at about $36,000. Invesco Ltd. purchased a new stake in shares of Riskified during the 1st quarter valued at about $51,000. Orion Porfolio Solutions LLC purchased a new stake in shares of Riskified during the 2nd quarter valued at about $54,000. Savant Capital LLC purchased a new stake in shares of Riskified during the 2nd quarter valued at about $57,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Riskified during the 1st quarter valued at about $80,000. Hedge funds and other institutional investors own 58.98% of the company's stock.

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.

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