William Blair Reaffirms Their Buy Rating on Riskified (RSKD)
In a report released yesterday, Christopher Kennedy from William Blair reiterated a Buy rating on Riskified (RSKD – Research Report). The company's shares closed yesterday at $5.10.
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Kennedy covers the Technology sector, focusing on stocks such as nCino, Fidelity National Info, and MeridianLink. According to TipRanks, Kennedy has an average return of -1.1% and a 46.15% success rate on recommended stocks.
Currently, the analyst consensus on Riskified is a Moderate Buy with an average price target of $6.03.
Based on Riskified's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $93.53 million and a GAAP net loss of $4.08 million. In comparison, last year the company earned a revenue of $84.07 million and had a GAAP net loss of $3.27 million
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