#5 - Riskified (NYSE:RSKD)
Riskified Ltd. (NYSE: RSKD) offers an AI-powered fraud management and risk intelligence platform for e-commerce companies. E-commerce was gaining acceptance before 2020. Since then, an inflection point has been reached, and many consumers simply prefer e-commerce for many, if not all, of their purchases.
That increases the opportunity for e-commerce fraud, creating friction for the retailer and the customer. That's where Riskified comes in. The November 2023 investor presentation cited a Forrester study that showed the company increased retailer's return on investment (ROI) by 594% over three years.
In the first nine months of the company's fiscal year 2023, revenue is up 17%. The company has also posted five consecutive quarters of improving EBITDA. However, the company is still unprofitable. It's forecasted that the situation will change in 2024, and if it does, RSKD stock may beat current analyst estimates for a 22% upside.
About Riskified
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.
Read More - Current Price
- $4.70
- Consensus Rating
- Hold
- Ratings Breakdown
- 2 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $5.91 (25.7% Upside)
