Where Riskified Stands With Analysts
Portfolio Pulse from Benzinga Insights
Riskified (NYSE:RSKD) has received mixed analyst ratings over the last three months, with a recent shift towards a more neutral stance. The average 12-month price target for RSKD is now $5.55, marking a 16.84% increase from the previous target of $4.75. Analysts from Keefe, Bruyette & Woods, DA Davidson, Goldman Sachs, and Piper Sandler have provided updates, with price targets ranging from $5.00 to $7.00. Riskified's financial health shows positive revenue growth but lower market capitalization and net margin compared to industry standards.
April 09, 2024 | 12:01 pm
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Riskified has seen a shift towards a more neutral stance from analysts, with an updated average 12-month price target of $5.55, indicating a potential upside. The company's financial health shows positive revenue growth but challenges in market cap and net margin.
The updated analyst ratings and increased price target suggest a positive outlook for Riskified's stock in the short term. The company's financial indicators, such as positive revenue growth, support this view, although its lower market capitalization and net margin compared to industry standards could be areas of concern. The overall sentiment from analysts, combined with the company's financial performance, indicates a potential upside for the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100