Analysts Set Sezzle Inc. (NASDAQ:SEZL) Target Price at $118.00

Shares of Sezzle Inc. (NASDAQ:SEZL) have been given an average rating of “Moderate Buy” by the five research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $118.00.

A number of research firms recently commented on SEZL. UBS Group set a $110.00 target price on Sezzle in a research report on Thursday, November 6th. Needham & Company LLC began coverage on Sezzle in a research report on Thursday. They set a “buy” rating and a $85.00 target price for the company. Wall Street Zen downgraded shares of Sezzle from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a research report on Monday, December 29th. Finally, TD Cowen reduced their target price on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a report on Thursday, January 8th.

Sezzle Price Performance

NASDAQ SEZL opened at $64.06 on Thursday. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.52 and a quick ratio of 3.52. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 19.82 and a beta of 8.70. The business’s fifty day moving average price is $68.96 and its 200-day moving average price is $77.71. Sezzle has a 1-year low of $24.86 and a 1-year high of $186.74.

Institutional Investors Weigh In On Sezzle

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $29,000. Vestcor Inc purchased a new position in Sezzle during the third quarter worth $29,000. Covestor Ltd increased its position in Sezzle by 109.4% during the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after acquiring an additional 256 shares during the last quarter. Spire Wealth Management purchased a new stake in shares of Sezzle in the second quarter valued at $32,000. Finally, Empowered Funds LLC bought a new stake in shares of Sezzle in the 4th quarter worth about $33,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Sezzle Company Profile

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.