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Riskified Analysts Slash Their Forecasts Following Q2 Results
Benzingaยท 2025-08-19 17:38
Core Insights - Riskified Ltd. reported strong second-quarter sales, with earnings of 2 cents per share meeting analyst expectations and sales of $81.060 million exceeding the consensus estimate of $80.374 million [1] - The company raised its FY2025 sales guidance from a range of $333 million to $346 million to a new range of $336 million to $346 million [1] Company Performance - The CEO of Riskified highlighted solid second-quarter results driven by consistent execution and demand for their platform, emphasizing advancements in AI capabilities to enhance competitive edge and market leadership [2] - Riskified's shares increased by 2.3%, trading at $4.5300 following the earnings announcement [3] Analyst Ratings - DA Davidson analyst maintained a Buy rating but lowered the price target from $6.5 to $6 [8] - UBS analyst kept a Neutral rating and reduced the price target from $5.75 to $5 [8] - Keefe, Bruyette & Woods analyst maintained a Market Perform rating and decreased the price target from $5.5 to $5.25 [8]