DA Davidson analyst Clark Wright lowered the firm’s price target on Riskified (RSKD) to $6 from $6.50 and keeps a Buy rating on the shares. The company’s Q2 revenue and adjusted EBITDA outperformerance was overshadowed by a flow through of the top line beat this quarter to the full year guide and a reiteration of the adjusted EBITDA outlook, the analyst tells investors in a research note. New business trends were positive this quarter and adoption of non-chargeback guarantee offerings remained strong, but same-store sale pressure continues to weigh on growth, the firm added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSKD:
- Riskified price target lowered to $5 from $5.75 at UBS
- Riskified price target lowered to $5.25 from $5.50 at Keefe Bruyette
- Riskified Ltd. Reports Q2 2025 Results and Positive Outlook
- Buy Rating for Riskified: Strategic Initiatives and Financial Health Signal Positive Future Performance
- Riskified’s Strong Financial Performance and Strategic Growth Justify Buy Rating