Brokerages Set Rezolve AI PLC (NASDAQ:RZLV) Target Price at $11.00

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

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Rezolve AI in a research note on Tuesday, April 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. purchased a new stake in Rezolve AI during the third quarter valued at approximately $120,880,000. Weiss Asset Management LP purchased a new position in shares of Rezolve AI in the 1st quarter worth approximately $5,120,000. Jump Financial LLC purchased a new position in shares of Rezolve AI in the 4th quarter worth approximately $4,506,000. Geode Capital Management LLC increased its position in shares of Rezolve AI by 1,100.7% during the 2nd 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 during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Rezolve AI by 13,595.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,054,552 shares of the company’s stock valued at $5,252,000 after purchasing an additional 1,046,852 shares during the last quarter. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Stock Performance

Shares of RZLV opened at $2.29 on Friday. The company’s fifty day moving average is $2.62 and its 200 day moving average is $2.73. Rezolve AI has a fifty-two week low of $2.05 and a fifty-two week high of $8.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.67 and a current ratio of 0.67.

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.