Rezolve AI PLC (NASDAQ:RZLV) Receives $11.00 Consensus PT from Analysts

Rezolve AI PLC (NASDAQ:RZLV) has earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $11.00.

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

Rezolve AI Stock Down 3.6%

Shares of Rezolve AI stock opened at $2.15 on Wednesday. Rezolve AI has a 52 week low of $1.07 and a 52 week high of $8.45. The company has a 50 day moving average price of $2.93 and a 200 day moving average price of $3.82.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Alyeska Investment Group L.P. purchased a new stake in Rezolve AI in the 3rd quarter worth approximately $120,880,000. State Street Corp boosted its holdings in Rezolve AI by 15.2% during the fourth quarter. State Street Corp now owns 2,534,611 shares of the company’s stock worth $6,514,000 after buying an additional 333,790 shares in the last quarter. Geode Capital Management LLC increased its holdings in Rezolve AI by 21.0% in the fourth quarter. Geode Capital Management LLC now owns 2,386,363 shares of the company’s stock valued at $6,133,000 after buying an additional 413,539 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Rezolve AI in the fourth quarter worth about $4,506,000. Finally, Goldman Sachs Group Inc. grew its position in shares of Rezolve AI by 340.5% during 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 during the period. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

About Rezolve AI

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.