Riskified (NYSE:RSKD) Issues Earnings Results

Riskified (NYSE:RSKD) posted its quarterly earnings results on Wednesday. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01, Briefing.com reports. Riskified had a negative net margin of 11.70% and a negative return on equity of 8.27%. The business had revenue of $81.86 million during the quarter, compared to analyst estimates of $80.25 million. During the same quarter in the previous year, the business posted $0.03 EPS. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. Riskified updated its FY 2025 guidance to EPS.

Riskified Trading Down 1.9%

Shares of NYSE RSKD traded down $0.10 during midday trading on Thursday, reaching $4.99. The company had a trading volume of 360,529 shares, compared to its average volume of 534,566. Riskified has a 1 year low of $3.94 and a 1 year high of $5.99. The business’s 50-day simple moving average is $4.72 and its 200 day simple moving average is $4.88. The stock has a market cap of $803.63 million, a P/E ratio of -20.81 and a beta of 1.36.

Wall Street Analyst Weigh In

RSKD has been the topic of several recent research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Riskified in a research report on Wednesday, August 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Riskified in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of Riskified from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. UBS Group increased their price target on shares of Riskified from $5.00 to $5.50 and gave the company a “neutral” rating in a research report on Thursday. Finally, Piper Sandler cut their price objective on shares of Riskified from $7.00 to $6.00 and set an “overweight” rating on the stock in a research report on Monday, August 18th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $5.89.

Hedge Funds Weigh In On Riskified

Several hedge funds and other institutional investors have recently bought and sold shares of RSKD. Raymond James Financial Inc. acquired a new stake in Riskified during the 2nd quarter valued at approximately $36,000. Invesco Ltd. acquired a new position in Riskified during the first quarter valued at $51,000. Orion Porfolio Solutions LLC purchased a new stake in Riskified in the second quarter valued at $54,000. Engineers Gate Manager LP acquired a new stake in Riskified during the 2nd quarter worth about $89,000. Finally, Jane Street Group LLC purchased a new position in shares of Riskified during the 2nd quarter valued at about $185,000. Institutional investors and hedge funds own 58.98% of the company’s stock.

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.