FY2025 Earnings Forecast for Riskified Issued By DA Davidson

Riskified Ltd. (NYSE:RSKD - Free Report) - Investment analysts at DA Davidson lowered their FY2025 earnings estimates for shares of Riskified in a research report issued on Thursday, March 6th. DA Davidson analyst C. Wright now anticipates that the company will post earnings per share of ($0.13) for the year, down from their previous estimate of ($0.08). DA Davidson has a "Buy" rating and a $7.00 price target on the stock. The consensus estimate for Riskified's current full-year earnings is ($0.15) per share.

A number of other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Riskified from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Monday. Keefe, Bruyette & Woods reduced their price target on Riskified from $5.50 to $5.25 and set a "market perform" rating for the company in a research note on Thursday, November 14th. UBS Group decreased their price objective on Riskified from $4.75 to $4.50 and set a "neutral" rating on the stock in a report on Thursday, November 14th. Piper Sandler lifted their target price on Riskified from $6.00 to $7.00 and gave the stock an "overweight" rating in a report on Thursday, March 6th. Finally, The Goldman Sachs Group upped their price target on shares of Riskified from $4.00 to $4.50 and gave the company a "sell" rating in a research note on Thursday, March 6th. One investment 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's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $5.78.

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Riskified Trading Down 3.9 %

Shares of RSKD traded down $0.18 during mid-day trading on Monday, reaching $4.53. The company's stock had a trading volume of 302,649 shares, compared to its average volume of 560,412. Riskified has a 1-year low of $4.14 and a 1-year high of $6.64. The business has a 50-day simple moving average of $5.15 and a two-hundred day simple moving average of $4.85. The stock has a market cap of $806.87 million, a P/E ratio of -22.67 and a beta of 1.37.

Riskified declared that its Board of Directors has initiated a share buyback program on Wednesday, November 13th that permits the company to repurchase $75.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

Hedge Funds Weigh In On Riskified

Several large investors have recently modified their holdings of the business. Lazard Asset Management LLC acquired a new stake in Riskified in the fourth quarter valued at $38,000. Group One Trading LLC raised its position in shares of Riskified by 4,503.5% during the fourth quarter. Group One Trading LLC now owns 8,719 shares of the company's stock worth $41,000 after acquiring an additional 8,917 shares during the last quarter. Bayesian Capital Management LP acquired a new position in shares of Riskified in the fourth quarter worth approximately $56,000. Cubist Systematic Strategies LLC bought a new stake in Riskified in the fourth quarter valued at approximately $74,000. Finally, Point72 Asset Management L.P. acquired a new stake in Riskified during the 4th quarter valued at approximately $88,000. 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.