Riskified Ltd. (NYSE:RSKD) Given Consensus Rating of "Hold" by Analysts

Shares of Riskified Ltd. (NYSE:RSKD - Get Free Report) have been given an average rating of "Hold" by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $5.78.

RSKD has been the topic of a number of analyst reports. The Goldman Sachs Group boosted their price objective on shares of Riskified from $4.00 to $4.50 and gave the company a "sell" rating in a research report on Thursday, March 6th. DA Davidson upgraded shares of Riskified from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $5.00 to $7.00 in a research report on Monday, March 3rd. JPMorgan Chase & Co. reduced their price target on shares of Riskified from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Monday, March 10th. Finally, Piper Sandler boosted their price target on shares of Riskified from $6.00 to $7.00 and gave the company an "overweight" rating in a research report on Thursday, March 6th.

Riskified Trading Down 0.1 %

Shares of RSKD stock traded down $0.01 during mid-day trading on Friday, reaching $4.52. The stock had a trading volume of 569,533 shares, compared to its average volume of 644,294. The stock's 50-day moving average price is $5.14 and its two-hundred day moving average price is $4.85. Riskified has a 52-week low of $4.14 and a 52-week high of $6.65. The firm has a market capitalization of $727.86 million, a PE ratio of -22.57 and a beta of 1.37.

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Institutional Investors Weigh In On Riskified

Hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC bought a new stake in Riskified during the fourth quarter worth about $38,000. Group One Trading LLC lifted its stake in shares of Riskified by 4,503.5% in the fourth quarter. Group One Trading LLC now owns 8,719 shares of the company's stock worth $41,000 after buying an additional 8,917 shares in the last quarter. Bayesian Capital Management LP bought a new position in Riskified during the fourth quarter valued at approximately $56,000. Cubist Systematic Strategies LLC bought a new position in Riskified during the fourth quarter valued at approximately $74,000. Finally, Point72 Asset Management L.P. bought a new position in Riskified during the fourth 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.