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

Shares of Rezolve AI PLC (NASDAQ:RZLV) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $11.00.

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in RZLV. ProShare Advisors LLC purchased a new stake in shares of Rezolve AI during the 2nd quarter worth $57,000. Geode Capital Management LLC boosted its position in Rezolve AI by 1,100.7% during the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company’s stock valued at $3,799,000 after purchasing an additional 1,132,569 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new position in Rezolve AI in the second quarter valued at about $62,000. Intech Investment Management LLC bought a new position in Rezolve AI in the second quarter worth about $150,000. Finally, Brown Wealth Management LLC bought a new position in Rezolve AI in the second quarter worth about $615,000. 27.96% of the stock is owned by institutional investors.

Rezolve AI Stock Performance

RZLV stock opened at $2.83 on Friday. Rezolve AI has a 1-year low of $1.07 and a 1-year high of $8.45. The business has a 50-day moving average price of $2.89 and a 200 day moving average price of $3.75.

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.