DA Davidson has adjusted its price target for Riskified (RSKD, Financial), decreasing it from $7 to $6 while maintaining a Buy rating. This revision is part of a broader analysis update covering the Software sector.
According to the firm's analyst Clark Wright, the decision is influenced by an anticipated one to two quarters of negative GDP growth in the United States this year. This expectation suggests reduced growth prospects and has already impacted company valuations negatively.
DA Davidson also predicts a downturn in consumer spending and corporate investment in the upcoming quarters, attributing this to the current economic environment, irrespective of the tariff situation. These factors are central to the revised outlook for Riskified and similar companies within its coverage area.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Riskified Ltd (RSKD, Financial) is $5.89 with a high estimate of $7.00 and a low estimate of $4.50. The average target implies an upside of 32.57% from the current price of $4.45. More detailed estimate data can be found on the Riskified Ltd (RSKD) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Riskified Ltd's (RSKD, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Riskified Ltd (RSKD, Financial) in one year is $6.39, suggesting a upside of 43.76% from the current price of $4.445. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Riskified Ltd (RSKD) Summary page.
