Riskified (NYSE:RSKD) Releases Earnings Results, Misses Expectations By $0.09 EPS

Riskified (NYSE:RSKD) announced its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.09), Zacks reports. Riskified had a negative net margin of 10.72% and a negative return on equity of 6.00%. Riskified updated its FY 2025 guidance to EPS.

Riskified Stock Performance

Riskified stock opened at $5.05 on Wednesday. The company has a market capitalization of $899.75 million, a PE ratio of -25.23 and a beta of 1.38. Riskified has a fifty-two week low of $4.14 and a fifty-two week high of $6.64. The firm has a 50 day moving average price of $5.15 and a 200 day moving average price of $4.85.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on RSKD shares. The Goldman Sachs Group reduced their price objective on Riskified from $4.50 to $4.00 and set a “sell” rating on the stock in a research report on Monday, December 2nd. DA Davidson upgraded Riskified from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $5.00 to $7.00 in a report on Monday. Keefe, Bruyette & Woods dropped their price objective on shares of Riskified from $5.50 to $5.25 and set a “market perform” rating for the company in a report on Thursday, November 14th. UBS Group reduced their target price on shares of Riskified from $4.75 to $4.50 and set a “neutral” rating on the stock in a research note on Thursday, November 14th. Finally, Piper Sandler dropped their price target on shares of Riskified from $7.00 to $6.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $5.72.

Riskified declared that its board has authorized a share buyback program on Wednesday, November 13th that authorizes the company to buyback $75.00 million in shares. This buyback authorization authorizes the company to buy up to 9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

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.