HC Wainwright assumed coverage on shares of Rezolve AI (NASDAQ:RZLV - Free Report) in a report issued on Tuesday, MarketBeat.com reports. The brokerage issued a buy rating and a $4.00 price target on the stock. HC Wainwright also issued estimates for Rezolve AI's FY2025 earnings at ($0.30) EPS and FY2026 earnings at ($0.15) EPS.
Several other research analysts also recently commented on the stock. Northland Securities started coverage on shares of Rezolve AI in a report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price objective for the company. Northland Capmk raised Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. Maxim Group initiated coverage on Rezolve AI in a research note on Thursday, January 16th. They issued a "buy" rating and a $10.00 price objective on the stock. Roth Mkm reaffirmed a "buy" rating and set a $4.00 price objective on shares of Rezolve AI in a report on Wednesday, March 19th. Finally, Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 target price for the company. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $6.00.
Check Out Our Latest Report on RZLV
Rezolve AI Price Performance
Shares of RZLV stock traded down $0.16 during mid-day trading on Tuesday, hitting $1.29. The company had a trading volume of 2,455,840 shares, compared to its average volume of 5,185,177. The stock's 50 day moving average price is $2.06 and its 200-day moving average price is $3.42. Rezolve AI has a 52-week low of $1.19 and a 52-week high of $12.29.
Hedge Funds Weigh In On Rezolve AI
Several large investors have recently modified their holdings of RZLV. Polar Asset Management Partners Inc. bought a new position in Rezolve AI during the fourth quarter valued at $4,149,000. Jane Street Group LLC purchased a new stake in Rezolve AI in the 4th quarter worth about $1,650,000. Blue Owl Capital Holdings LP bought a new stake in Rezolve AI in the fourth quarter worth about $670,000. K2 Principal Fund L.P. purchased a new position in shares of Rezolve AI during the third quarter valued at approximately $881,000. Finally, Geode Capital Management LLC bought a new position in shares of Rezolve AI during the fourth quarter valued at approximately $393,000. Institutional investors own 27.96% of the company's stock.
About Rezolve AI
(
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Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.
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