Riskified Ltd. (NYSE:RSKD) Receives Consensus Recommendation of “Hold” from Analysts

Riskified Ltd. (NYSE:RSKD) has been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $5.8214.

Several equities analysts have commented on RSKD shares. JPMorgan Chase & Co. restated an “underweight” rating on shares of Riskified in a research note on Wednesday, August 20th. DA Davidson cut their price target on Riskified from $6.50 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, August 19th. UBS Group reduced their target price on shares of Riskified from $5.75 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, August 19th. Piper Sandler lowered their price target on shares of Riskified from $7.00 to $6.00 and set an “overweight” rating for the company in a report on Monday, August 18th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Riskified from $5.50 to $5.25 and set a “market perform” rating on the stock in a report on Tuesday, August 19th.

Institutional Investors Weigh In On Riskified

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in Riskified in the second quarter valued at $36,000. Lazard Asset Management LLC purchased a new stake in shares of Riskified in the 4th quarter valued at about $38,000. Group One Trading LLC boosted its position in shares of Riskified by 4,503.5% in the 4th quarter. Group One Trading LLC now owns 8,719 shares of the company’s stock valued at $41,000 after purchasing an additional 8,917 shares during the period. Invesco Ltd. purchased a new position in Riskified during the 1st quarter worth approximately $51,000. Finally, Orion Porfolio Solutions LLC acquired a new position in Riskified during the second quarter worth approximately $54,000. Institutional investors and hedge funds own 58.98% of the company’s stock.

Riskified Price Performance

Shares of NYSE:RSKD opened at $4.63 on Friday. The firm has a market capitalization of $745.60 million, a PE ratio of -19.27 and a beta of 1.36. Riskified has a 1 year low of $3.94 and a 1 year high of $5.99. The firm’s 50-day moving average is $5.01 and its two-hundred day moving average is $4.87.

Riskified (NYSE:RSKD) last announced its quarterly earnings data 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). Riskified had a negative net margin of 11.70% and a negative return on equity of 8.27%. The business had revenue of $81.06 million during the quarter, compared to analyst estimates of $80.17 million. During the same quarter last year, the firm posted $0.04 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. Riskified has set its FY 2025 guidance at EPS. Analysts expect 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.