Analysts Set Rezolve AI PLC (NASDAQ:RZLV) Price Target at $11.42

Rezolve AI PLC (NASDAQ:RZLV) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $11.4167.

Several equities analysts have commented on the company. Wall Street Zen upgraded Rezolve AI from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of Rezolve AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, July 31st.

Rezolve AI Stock Down 6.1%

Shares of RZLV stock opened at $2.45 on Wednesday. The stock’s 50 day simple moving average is $2.58 and its 200 day simple moving average is $2.58. Rezolve AI has a twelve month low of $2.05 and a twelve month high of $8.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RZLV. Alyeska Investment Group L.P. acquired a new stake in shares of Rezolve AI in the third quarter valued at about $120,880,000. State Street Corp lifted its position in shares of Rezolve AI by 15.2% during the 4th quarter. State Street Corp now owns 2,534,611 shares of the company’s stock worth $6,514,000 after purchasing an additional 333,790 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Rezolve AI by 21.0% during the 4th quarter. Geode Capital Management LLC now owns 2,386,363 shares of the company’s stock worth $6,133,000 after purchasing an additional 413,539 shares during the last quarter. Weiss Asset Management LP bought a new stake in Rezolve AI during the 1st quarter valued at approximately $5,120,000. Finally, Jump Financial LLC bought a new stake in Rezolve AI during the 4th quarter valued at approximately $4,506,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Company Profile

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.