Shares of Riskified Ltd. (NYSE:RSKD – Get Free Report) have received an average recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $6.75.
Several equities analysts have recently commented on the stock. Piper Sandler boosted their target price on shares of Riskified from $7.00 to $8.00 and gave the company an “overweight” rating in a research report on Thursday, May 16th. JPMorgan Chase & Co. raised their target price on Riskified from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Thursday, May 16th. DA Davidson boosted their price target on Riskified from $5.00 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, May 16th. UBS Group raised their price objective on Riskified from $5.00 to $6.00 and gave the company a “neutral” rating in a research note on Tuesday, May 21st. Finally, Barclays boosted their target price on Riskified from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research note on Monday, May 20th.
Read Our Latest Research Report on RSKD
Institutional Investors Weigh In On Riskified
Riskified Trading Up 2.3 %
NYSE RSKD opened at $6.36 on Monday. Riskified has a 1-year low of $3.48 and a 1-year high of $6.64. The company has a 50 day moving average of $6.08 and a 200-day moving average of $5.29.
Riskified (NYSE:RSKD – Get Free Report) last released its earnings results on Wednesday, May 15th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.01. The firm had revenue of $76.41 million during the quarter, compared to the consensus estimate of $75.40 million. Riskified had a negative return on equity of 9.55% and a negative net margin of 17.28%. Sell-side analysts expect that Riskified will post -0.17 earnings per share 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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