Riskified Ltd (RSKD) stock: 12-month forecast projects 28.57% potential return%

Riskified Ltd [RSKD] stock prices are up 1.38% to $4.41 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RSKD shares have gain 2.80% over the last week, with a monthly amount drifted -2.65%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Riskified Ltd [NYSE: RSKD] stock has seen the most recent analyst activity on July 10, 2024, when Goldman downgraded its rating to a Sell. Previously, Keefe Bruyette started tracking the stock with Mkt Perform rating on April 09, 2024, and set its price target to $5.75. On February 05, 2024, DA Davidson initiated with a Neutral rating and assigned a price target of $5 on the stock. Barclays downgraded its rating to a Equal Weight but stick to its price target of $5 on December 14, 2023. UBS downgraded its rating to a Neutral but $5 remained the price target by the analyst firm on November 21, 2023. UBS started tracking with a Buy rating for this stock on October 20, 2023, and assigned it a price target of $5.75. In a note dated March 10, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $6 to $8.

The stock price of Riskified Ltd [RSKD] has been fluctuating between $3.91 and $6.64 over the past year. Currently, Wall Street analysts expect the stock to reach $5.67 within the next 12 months. Riskified Ltd [NYSE: RSKD] shares were valued at $4.41 at the most recent close of the market. An investor can expect a potential return of 28.57% based on the average RSKD price forecast.

Analyzing the RSKD fundamentals

The Riskified Ltd [NYSE:RSKD] reported sales of 318.05M for trailing twelve months, representing a surge of 9.71%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.1 and Total Capital is -0.13.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.30 points at the first support level, and at 4.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.49, and for the 2nd resistance point, it is at 4.57.

Ratios To Look Out For

It’s worth pointing out that Riskified Ltd [NYSE:RSKD]’s Current Ratio is 7.13. As well, the Quick Ratio is 7.73, while the Cash Ratio is 6.36. Considering the valuation of this stock, the price to sales ratio is 2.36, the price to book ratio is 1.84.

Transactions by insiders

Recent insider trading involved Kumaraswami Ravi, Officer, that happened on Oct 08 ’24 when 94406.0 shares were purchased. Officer, Dotcheva Aglika completed a deal on Oct 08 ’24 to buy 68887.0 shares. Meanwhile, Officer Feldman Assaf bought 33027.0 shares on Oct 08 ’24.

Related Posts