Analysts Set Rezolve AI PLC (NASDAQ:RZLV) Target Price at $9.29

Rezolve AI PLC (NASDAQ:RZLV) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $9.2857.

A number of research firms have recently issued reports on RZLV. Roth Capital boosted their price objective on Rezolve AI from $9.00 to $12.50 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Rezolve AI in a research note on Wednesday, October 8th. Cantor Fitzgerald reissued an “overweight” rating and issued a $8.00 price target on shares of Rezolve AI in a report on Wednesday, December 24th. Wall Street Zen downgraded shares of Rezolve AI from a “hold” rating to a “sell” rating in a report on Saturday, October 11th. Finally, Maxim Group lifted their target price on shares of Rezolve AI from $10.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd.

Rezolve AI Stock Performance

Shares of RZLV opened at $2.57 on Tuesday. The stock’s 50-day moving average price is $3.14 and its 200 day moving average price is $3.71. Rezolve AI has a 12-month low of $1.07 and a 12-month high of $8.45.

Institutional Investors Weigh In On Rezolve AI

Several large investors have recently modified their holdings of the stock. Ameritas Investment Partners Inc. bought a new position in shares of Rezolve AI during the 2nd quarter worth approximately $29,000. Hartford Financial Management Inc. acquired a new position in Rezolve AI during the second quarter worth $31,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Rezolve AI during the second quarter valued at $31,000. Legal & General Group Plc bought a new position in shares of Rezolve AI during the second quarter valued at $31,000. Finally, AXQ Capital LP acquired a new stake in shares of Rezolve AI in the 3rd quarter valued at $54,000. 27.96% of the stock is currently owned by institutional investors.

About Rezolve AI

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.