On August 10, Sezzle Inc rose 8.67% in regular trading, trading at approximately $129.41 per share, with turnover of $49.73 million.
The rebound comes after a sharp oversold correction, as multiple institutions raised their price targets on the stock. On August 7, Sezzle plunged over 30% in a single session after its Q2 adjusted EPS of $1.17 — while beating the $1.03 consensus estimate — declined more than 20% sequentially from Q1's $1.47, triggering profit-taking. Subsequently, B. Riley significantly raised its price target from $141 to $196 while maintaining a Buy rating, and Needham also lifted its target. The current mean analyst price target stands at $168, representing substantial upside from present levels. The convergence of upgraded targets and oversold technical conditions attracted dip-buying activity, driving the recovery.
Sezzle Inc. operates as a technology-enabled payments company primarily in the United States and Canada, providing buy-now-pay-later solutions that allow consumers to split purchases into four interest-free installments over six weeks.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)