Needham Maintains Buy Rating and Raises Price Target for Sezzle
Needham & Company maintained its "Buy" rating on Sezzle Inc. and increased its price target from $172 to $220.
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Needham & Company maintained its "Buy" rating on Sezzle Inc. and increased its price target from $172 to $220.
Sezzle Inc. reported strong third-quarter 2026 financial results, featuring record revenue of $166.5 million and a 34.9% year-over-year increase in Total Transaction Volume (TTV).
Sezzle Inc. is expected to report Q3 2026 results on November 4 with revenues and EPS projected to rise 31.83% and 80.28% year-over-year, respectively. The company benefits from subscriber growth, higher transaction frequency, and new merchant partnerships. However, higher credit losses and lower revenue yield may offset gains. The Zacks model does not predict an earnings beat due to a -3.53% Earnings ESP despite a Rank #2 rating.
The Nasdaq-100 fell nearly 5% on Friday, marking its third 10% correction this year, though it has nearly doubled over three years. The article advises investors to stay invested during market volatility through strategies like dollar-cost averaging and diversification. Key earnings this week include Apple, Shopify, AMD, and Berkshire Hathaway. Kiniksa Pharmaceuticals' heart drug Arcalyst is projected to become a blockbuster with $1B+ sales. Investors should focus on long-term plans rather than election-driven trading.