DA Davidson Issues Positive Forecast for Riskified (NYSE:RSKD) Stock Price

Riskified (NYSE:RSKD) had its price objective increased by analysts at DA Davidson from $6.00 to $6.50 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. DA Davidson’s price target points to a potential upside of 31.18% from the stock’s previous close. DA Davidson also issued estimates for Riskified’s Q2 2025 earnings at ($0.06) EPS.

RSKD has been the topic of a number of other research reports. Truist Financial raised their price objective on Riskified from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday. The Goldman Sachs Group raised their target price on shares of Riskified from $4.00 to $4.50 and gave the company a “sell” rating in a report on Thursday, March 6th. JPMorgan Chase & Co. cut their price target on shares of Riskified from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Monday, March 10th. UBS Group lifted their price objective on shares of Riskified from $5.50 to $5.75 and gave the company a “neutral” rating in a research note on Thursday. Finally, Piper Sandler restated an “overweight” rating and set a $7.00 target price on shares of Riskified in a research note on Monday, March 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $6.03.

Riskified Stock Performance

NYSE:RSKD opened at $4.96 on Thursday. Riskified has a 52 week low of $3.94 and a 52 week high of $6.65. The firm’s 50-day simple moving average is $4.60 and its 200 day simple moving average is $4.82. The firm has a market cap of $798.79 million, a price-to-earnings ratio of -24.77 and a beta of 1.36.

Hedge Funds Weigh In On Riskified

A number of hedge funds have recently modified their holdings of RSKD. TFJ Management LLC acquired a new position in Riskified during the 1st quarter worth about $3,615,000. Alta Fox Capital Management LLC acquired a new stake in Riskified during the 1st quarter worth about $3,498,000. Monimus Capital Management LP acquired a new position in shares of Riskified in the 4th quarter valued at about $3,428,000. Clearline Capital LP grew its stake in Riskified by 37.3% during the first 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 during the period. Finally, Millennium Management LLC lifted its stake in Riskified by 171.0% in the fourth quarter. Millennium Management LLC now owns 766,977 shares of the company’s stock valued at $3,628,000 after buying an additional 483,975 shares during the period. Institutional investors and hedge funds 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.