Riskified Ltd. Class A Ordinary Shares (RSKD)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Riskified is a small software business, with 655 employees, selling e-commerce fraud and chargeback protection. The appeal is that fraud prevention is mission-critical and can create switching costs once merchants integrate it into order flows. But I must judge the evidence, not the story. In fiscal Q2 2026 the company reported revenue of $98.7 million and a net loss of $9.1 million, a -9.23% margin, so the business is not yet consistently profitable. Growth without durable margins is not enough. Financial health is tolerable: debt-to-equity is 0.11, FairStock's Altman Z-score is 2.11, and trailing free cash flow is $46.0 million. At the $9.22 close on 2026-10-26 and a $655.8 million market cap, that is a 7.0% FCF yield. However, FairStock's Piotroski F-score is only 4/9, ROE is -5.69%, and ROCE is -3.40%. The negative P/E of -83.82 means earnings give no valuation anchor, and P/B of 5.84 is rich. The 52-week range of $3.70 to $9.23 shows the shares near their high. FairStock score 54/100 fits a fair-to-full valuation. The Lynch category is none because only 0 years of filed results are available and three are needed. I see a real niche and cash generation, but not a durable, proven earnings record. It is a speculative cash-flow story rather than a Graham bargain.

In plain English: Riskified sells software that helps online stores check orders and fight fraud. The business is growing and produces cash, but it is still losing money and has a short public record. At $9.22, the price looks mixed: full compared with accounting value but more reasonable compared with cash flow, so it is not a clear bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer