Riskified (NYSE:RSKD - Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, November 13th. Analysts expect Riskified to post earnings of $0.02 per share for the quarter. Riskified has set its FY 2024 guidance at EPS.Persons interested in registering for the company's earnings conference call can do so using this link.
Riskified (NYSE:RSKD - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02. Riskified had a negative net margin of 14.57% and a negative return on equity of 8.33%. The business had revenue of $78.73 million for the quarter, compared to analyst estimates of $78.33 million. On average, analysts expect Riskified to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Riskified Stock Performance
RSKD traded up $0.10 on Wednesday, reaching $4.61. The company had a trading volume of 308,659 shares, compared to its average volume of 651,264. Riskified has a fifty-two week low of $3.75 and a fifty-two week high of $6.64. The stock has a market cap of $821.82 million, a P/E ratio of -17.88 and a beta of 1.36. The company's fifty day moving average is $4.65 and its 200 day moving average is $5.42.
Analyst Ratings Changes
A number of brokerages have issued reports on RSKD. Barclays decreased their target price on shares of Riskified from $6.00 to $5.00 and set an "equal weight" rating on the stock in a research report on Friday, August 16th. UBS Group decreased their target price on shares of Riskified from $6.00 to $4.75 and set a "neutral" rating on the stock in a research report on Thursday, August 15th. JPMorgan Chase & Co. increased their target price on shares of Riskified from $6.00 to $7.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 20th. Piper Sandler decreased their target price on shares of Riskified from $8.00 to $7.00 and set an "overweight" rating on the stock in a research report on Thursday, August 15th. Finally, DA Davidson raised shares of Riskified to a "hold" rating in a report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Riskified currently has a consensus rating of "Hold" and an average price target of $6.03.
Check Out Our Latest Report on Riskified
About Riskified
(
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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.
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