DA Davidson Analysts Lower Earnings Estimates for Riskified

Riskified Ltd. (NYSE:RSKD) – Stock analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for Riskified in a research note issued on Thursday, March 6th. DA Davidson analyst C. Wright now expects that the company will earn ($0.13) per share for the year, down from their prior forecast of ($0.08). DA Davidson has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for Riskified’s current full-year earnings is ($0.15) per share.

A number of other brokerages have also recently weighed in on RSKD. Piper Sandler upped their price target on Riskified from $6.00 to $7.00 and gave the company an “overweight” rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. lowered their price target on Riskified from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Monday. UBS Group lowered their price target on Riskified from $4.75 to $4.50 and set a “neutral” rating on the stock in a research report on Thursday, November 14th. The Goldman Sachs Group increased their target price on Riskified from $4.00 to $4.50 and gave the stock a “sell” rating in a report on Thursday, March 6th. Finally, Keefe, Bruyette & Woods decreased their target price on Riskified from $5.50 to $5.25 and set a “market perform” rating on the stock in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Riskified currently has a consensus rating of “Hold” and a consensus price target of $5.78.

Riskified Price Performance

Shares of NYSE:RSKD opened at $4.67 on Monday. The business’s fifty day moving average price is $5.16 and its two-hundred day moving average price is $4.85. Riskified has a fifty-two week low of $4.14 and a fifty-two week high of $6.64. The stock has a market capitalization of $831.65 million, a price-to-earnings ratio of -23.32 and a beta of 1.37.

Riskified declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 13th that permits the company to buyback $75.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Institutional Trading of Riskified

Several large investors have recently made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Riskified by 76.0% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,734,508 shares of the company’s stock valued at $31,854,000 after acquiring an additional 2,907,585 shares during the period. Monimus Capital Management LP acquired a new position in shares of Riskified during the fourth quarter valued at $3,428,000. Jennison Associates LLC lifted its stake in shares of Riskified by 11.2% during the third quarter. Jennison Associates LLC now owns 5,682,144 shares of the company’s stock valued at $26,877,000 after acquiring an additional 573,596 shares during the period. Millennium Management LLC lifted its stake in shares of Riskified by 171.0% during the fourth quarter. Millennium Management LLC now owns 766,977 shares of the company’s stock valued at $3,628,000 after acquiring an additional 483,975 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Riskified during the third quarter valued at $1,438,000. Institutional investors own 58.98% of the company’s stock.

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.