Sezzle (NASDAQ:SEZL) Coverage Initiated at Needham & Company LLC

Investment analysts at Needham & Company LLC began coverage on shares of Sezzle (NASDAQ:SEZL) in a research note issued on Thursday, Marketbeat.com reports. The firm set a “buy” rating and a $85.00 price target on the stock. Needham & Company LLC’s target price would indicate a potential upside of 35.22% from the company’s previous close.

SEZL has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a research report on Monday, December 29th. UBS Group set a $110.00 price target on Sezzle in a report on Thursday, November 6th. TD Cowen decreased their target price on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a research report on Thursday, January 8th. Finally, Wall Street Zen lowered shares of Sezzle from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Sezzle currently has an average rating of “Moderate Buy” and an average target price of $118.00.

Sezzle Price Performance

SEZL opened at $62.86 on Thursday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 19.45 and a beta of 8.70. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76. Sezzle has a 1 year low of $24.86 and a 1 year high of $186.74. The stock has a fifty day moving average price of $69.14 and a 200 day moving average price of $78.85.

Institutional Trading of Sezzle

A number of large investors have recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Sezzle in the second quarter worth about $29,000. Vestcor Inc bought a new position in shares of Sezzle in the 3rd quarter valued at about $29,000. Covestor Ltd increased its holdings in Sezzle by 109.4% during the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after buying an additional 256 shares during the last quarter. Spire Wealth Management acquired a new position in shares of Sezzle during the 2nd quarter worth about $32,000. Finally, Empowered Funds LLC bought a new stake in Sezzle in the fourth quarter valued at approximately $33,000. Institutional investors own 2.02% of the company’s stock.

About Sezzle

Sezzle Inc is a financial technology company specializing in buy now, pay later (BNPL) services that enable consumers to split purchases into interest-free installment payments. By integrating its platform with e-commerce merchants, Sezzle provides shoppers with flexible payment options at checkout while merchants benefit from increased conversion rates and average order values. The company’s technology is designed to offer a seamless user experience, with instant approval decisions and no hidden fees, positions it as a consumer-friendly alternative to traditional credit products.

Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle completed its initial public offering on the Nasdaq under the ticker SEZL.