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

Shares of Riskified Ltd. (NYSE:RSKD) have earned a consensus rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $5.8214.

Several research analysts have recently issued reports on RSKD shares. JPMorgan Chase & Co. restated an “underweight” rating on shares of Riskified in a report on Wednesday, August 20th. Keefe, Bruyette & Woods cut their target price 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. Piper Sandler cut their target price on shares of Riskified from $7.00 to $6.00 and set an “overweight” rating on the stock in a report on Monday, August 18th. UBS Group cut 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. Finally, DA Davidson cut their target price on shares of Riskified from $6.50 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, August 19th.

Riskified Stock Performance

RSKD stock opened at $4.61 on Friday. The company has a market capitalization of $743.18 million, a PE ratio of -19.21 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 price is $4.96 and its two-hundred day moving average price is $4.85.

Riskified (NYSE:RSKD) last posted its quarterly 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 business had revenue of $81.06 million for 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 company’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $0.04 earnings per share. Riskified has set its FY 2025 guidance at EPS. On average, research analysts predict that Riskified will post -0.15 EPS for the current year.

Institutional Trading of Riskified

Several large investors have recently added to or reduced their stakes in the stock. Jennison Associates LLC boosted its holdings in Riskified by 3.3% in the second quarter. Jennison Associates LLC now owns 5,886,511 shares of the company’s stock valued at $29,374,000 after acquiring an additional 189,188 shares in the last quarter. Harvey Partners LLC boosted its holdings in Riskified by 0.6% in the second quarter. Harvey Partners LLC now owns 2,569,145 shares of the company’s stock valued at $12,820,000 after acquiring an additional 16,145 shares in the last quarter. Clearline Capital LP boosted its holdings in Riskified by 37.3% in the first quarter. Clearline Capital LP now owns 2,453,506 shares of the company’s stock valued at $11,335,000 after acquiring an additional 666,175 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Riskified by 17.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,104,694 shares of the company’s stock valued at $5,512,000 after acquiring an additional 165,947 shares in the last quarter. Finally, Monimus Capital Management LP boosted its holdings in Riskified by 3.0% in the second quarter. Monimus Capital Management LP now owns 979,938 shares of the company’s stock valued at $4,890,000 after acquiring an additional 28,633 shares in the last quarter. 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.