Rezolve AI PLC (NASDAQ:RZLV) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Rezolve AI PLC (NASDAQ:RZLV) have received an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $10.12.

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald reissued an “overweight” rating on shares of Rezolve AI in a research note on Wednesday. Weiss Ratings raised shares of Rezolve AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, July 31st. Roth Capital reiterated a “buy” rating and issued a $6.50 price target on shares of Rezolve AI in a report on Wednesday, September 2nd. Finally, Wall Street Zen downgraded Rezolve AI from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd.

Rezolve AI Trading Down 3.3%

RZLV stock opened at $2.08 on Thursday. The company’s 50 day simple moving average is $2.43 and its 200-day simple moving average is $2.54. Rezolve AI has a 12 month low of $2.05 and a 12 month high of $6.32.

Rezolve AI (NASDAQ:RZLV) last released its quarterly earnings results on Tuesday, September 1st. The company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.20). The firm had revenue of $65.39 million during the quarter, compared to the consensus estimate of $127.00 million. During the same period last year, the business posted ($0.25) earnings per share. As a group, analysts predict that Rezolve AI will post -0.52 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Weiss Asset Management LP acquired a new position in shares of Rezolve AI in the 1st quarter valued at about $5,120,000. Janus Henderson Group PLC acquired a new stake in shares of Rezolve AI in the first quarter worth $2,631,000. Bank of New York Mellon Corp raised its stake in shares of Rezolve AI by 16.0% in the 1st quarter. Bank of New York Mellon Corp now owns 456,380 shares of the company’s stock valued at $1,168,000 after acquiring an additional 63,066 shares during the period. Squarepoint Ops LLC acquired a new stake in Rezolve AI in the 2nd quarter valued at $1,168,000. Finally, Caitong International Asset Management Co. Ltd raised its position in Rezolve AI by 92.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 365,802 shares of the company’s stock valued at $940,000 after purchasing an additional 175,676 shares during the period. 27.96% of the stock is owned by hedge funds and other institutional investors.

Rezolve AI Company Profile

Rezolve AI Ltd. is an artificial intelligence technology company that provides software designed to help retailers and brands improve digital commerce. Its platform uses AI to support product discovery, personalized shopping experiences, customer engagement and transaction processing across online and mobile channels.

The company’s offerings include AI-powered shopping and commerce tools marketed under the Brain platform. These tools are intended to allow consumers to search for products using natural language, receive personalized recommendations, interact with digital shopping assistants and complete purchases through streamlined checkout experiences.