What is DA Davidson’s Forecast for Riskified Q4 Earnings?

Riskified Ltd. (NYSE:RSKD) – Investment analysts at DA Davidson issued their Q4 2024 earnings estimates for shares of Riskified in a research report issued to clients and investors on Thursday, November 14th. DA Davidson analyst C. Wright expects that the company will post earnings of $0.01 per share for the quarter. DA Davidson currently has a “Hold” rating on the stock. The consensus estimate for Riskified’s current full-year earnings is ($0.17) per share.

Riskified (NYSE:RSKD) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. The business had revenue of $78.73 million for the quarter, compared to analysts’ expectations of $78.33 million. Riskified had a negative net margin of 10.72% and a negative return on equity of 5.77%.

A number of other research firms have also recently weighed in on RSKD. Keefe, Bruyette & Woods cut their price target on Riskified from $5.50 to $5.25 and set a “market perform” rating on the stock in a research note on Thursday. Piper Sandler reissued an “overweight” rating and set a $7.00 target price on shares of Riskified in a research report on Thursday. UBS Group decreased their target price on Riskified from $4.75 to $4.50 and set a “neutral” rating for the company in a research note on Thursday. JPMorgan Chase & Co. raised their price target on Riskified from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Finally, The Goldman Sachs Group decreased their price objective on Riskified from $6.00 to $4.50 and set a “sell” rating for the company in a research report on Thursday, August 15th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.91.

Riskified Trading Up 1.5 %

Riskified stock opened at $4.63 on Friday. The firm has a market capitalization of $825.39 million, a P/E ratio of -23.15 and a beta of 1.36. The stock’s fifty day simple moving average is $4.59 and its 200-day simple moving average is $5.39. Riskified has a twelve month low of $3.75 and a twelve month high of $6.64.

Hedge Funds Weigh In On Riskified

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tocqueville Asset Management L.P. grew its position in Riskified by 19.3% in the 1st quarter. Tocqueville Asset Management L.P. now owns 526,000 shares of the company’s stock valued at $2,846,000 after buying an additional 85,000 shares in the last quarter. Invenomic Capital Management LP boosted its holdings in shares of Riskified by 29.7% in the first quarter. Invenomic Capital Management LP now owns 763,203 shares of the company’s stock valued at $4,129,000 after acquiring an additional 174,953 shares in the last quarter. Tidal Investments LLC bought a new stake in Riskified during the first quarter worth approximately $547,000. Allspring Global Investments Holdings LLC raised its holdings in Riskified by 37.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,052,944 shares of the company’s stock worth $4,980,000 after purchasing an additional 286,603 shares in the last quarter. Finally, Clearline Capital LP lifted its position in Riskified by 19.4% in the second quarter. Clearline Capital LP now owns 1,680,228 shares of the company’s stock worth $10,737,000 after purchasing an additional 272,760 shares during the period. 58.98% of the stock is owned by institutional investors.

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.