Rezolve AI PLC (NASDAQ:RZLV) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Rezolve AI PLC (NASDAQ:RZLV) have earned an average rating of “Moderate Buy” from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $10.12.

A number of research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Rezolve AI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 31st. Roth Capital reaffirmed a “buy” rating and issued a $6.50 target price on shares of Rezolve AI in a research note on Wednesday, September 2nd. Finally, Wall Street Zen lowered shares of Rezolve AI from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd.

Institutional Trading of Rezolve AI

A number of large investors have recently made changes to their positions in the company. Engineers Gate Manager LP lifted its holdings in Rezolve AI by 63.6% during the second quarter. Engineers Gate Manager LP now owns 335,690 shares of the company’s stock worth $1,057,000 after acquiring an additional 130,552 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Rezolve AI by 21.1% in the second quarter. NewEdge Advisors LLC now owns 28,614 shares of the company’s stock worth $90,000 after acquiring an additional 4,981 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of Rezolve AI in the second quarter worth about $1,168,000. Bank of America Corp DE raised its position in shares of Rezolve AI by 48.1% during the first quarter. Bank of America Corp DE now owns 210,818 shares of the company’s stock worth $540,000 after purchasing an additional 68,441 shares during the period. Finally, Janus Henderson Group PLC acquired a new stake in shares of Rezolve AI during the first quarter worth about $2,631,000. Institutional investors own 27.96% of the company’s stock.

Rezolve AI Stock Performance

Shares of RZLV opened at $2.23 on Thursday. Rezolve AI has a 1 year low of $2.05 and a 1 year high of $7.09. The stock’s 50-day moving average price is $2.44 and its two-hundred day moving average price is $2.55.

Rezolve AI (NASDAQ:RZLV) last announced its quarterly earnings results on Tuesday, September 1st. The company reported ($0.35) EPS 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 in the previous year, the business posted ($0.25) earnings per share. On average, research analysts forecast that Rezolve AI will post -0.52 earnings per share for the current fiscal year.

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.