Rezolve AI (NASDAQ:RZLV) Price Target Raised to $9.00

Rezolve AI (NASDAQ:RZLV) had its target price raised by HC Wainwright from $4.00 to $9.00 in a research report sent to investors on Monday, Marketbeat Ratings reports. HC Wainwright currently has a buy rating on the stock. HC Wainwright also issued estimates for Rezolve AI’s FY2025 earnings at ($0.19) EPS and FY2026 earnings at ($0.08) EPS.

Separately, Alliance Global Partners started coverage on shares of Rezolve AI in a report on Friday, August 1st. They issued a “buy” rating and a $8.50 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $7.31.

Rezolve AI Stock Down 3.3%

RZLV opened at $7.11 on Monday. Rezolve AI has a fifty-two week low of $1.07 and a fifty-two week high of $10.76. The company has a fifty day moving average of $3.66 and a two-hundred day moving average of $2.51.

Institutional Trading of Rezolve AI

Institutional investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. acquired a new position in Rezolve AI during the second quarter worth about $31,000. Bank of America Corp DE acquired a new position in Rezolve AI during the second quarter worth about $159,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Rezolve AI during the second quarter worth about $153,000. The Manufacturers Life Insurance Company acquired a new position in Rezolve AI during the second quarter worth about $96,000. Finally, Invesco Ltd. acquired a new position in Rezolve AI during the second quarter worth about $147,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Company Profile

Rezolve AI Plc operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.