Rezolve AI PLC (NASDAQ:RZLV) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Rezolve AI PLC (NASDAQ:RZLV) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $11.00.

A number of brokerages recently issued reports on RZLV. HC Wainwright reissued a “buy” rating and set a $12.00 price objective on shares of Rezolve AI in a research report on Wednesday, February 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $8.00 target price on shares of Rezolve AI in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Rezolve AI in a research report on Thursday, January 22nd. iA Financial set a $14.00 price target on shares of Rezolve AI in a research note on Wednesday, January 14th. Finally, Alliance Global Partners restated a “buy” rating on shares of Rezolve AI in a report on Wednesday, January 14th.

Rezolve AI Stock Down 1.5%

Shares of Rezolve AI stock opened at $2.69 on Friday. Rezolve AI has a 52 week low of $1.07 and a 52 week high of $8.45. The business’s fifty day simple moving average is $2.90 and its 200-day simple moving average is $3.76.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of RZLV. Alyeska Investment Group L.P. acquired a new stake in shares of Rezolve AI in the third quarter valued at $120,880,000. State Street Corp lifted its stake in Rezolve AI by 15.2% during the 4th quarter. State Street Corp now owns 2,534,611 shares of the company’s stock worth $6,514,000 after acquiring an additional 333,790 shares in the last quarter. Geode Capital Management LLC lifted its stake in Rezolve AI by 21.0% during the 4th quarter. Geode Capital Management LLC now owns 2,386,363 shares of the company’s stock worth $6,133,000 after acquiring an additional 413,539 shares in the last quarter. Jump Financial LLC purchased a new position in Rezolve AI during the 4th quarter valued at about $4,506,000. Finally, Goldman Sachs Group Inc. grew its position in Rezolve AI by 340.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,078,863 shares of the company’s stock valued at $2,773,000 after acquiring an additional 833,964 shares in the last quarter. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

Rezolve AI Company Profile

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.