Rezolve AI PLC (NASDAQ:RZLV) is one of the best small cap stocks with the highest upside. Roth MKM analyst Rohit Kulkarni maintained a Buy rating on Rezolve AI PLC (NASDAQ:RZLV) on October 13 and set a price target of $12.40.
The rating followed Rezolve AI PLC (NASDAQ:RZLV)’s confirmation on October 10 that its recently completed acquisitions of Subsquid and Smartpay were carried out for around “$10 million in total cash consideration and one million Rezolve shares, at closing (assuming no post-closing payments are made)”. Management stated that the confirmation reflects the company’s “commitment to shareholder value” and “disciplined approach to M&A.”
Rezolve AI PLC (NASDAQ:RZLV) also stated that, according to Cantor Fitzgerald’s October 9 report, the two acquisitions “complete the foundational layers to enable Agentic Commerce and digital payments.
Rezolve AI PLC (NASDAQ:RZLV) operates in the mobile commerce industry and develops AI-based mobile commerce and engagement solutions. The company has an innovative engagement platform powered by machine learning and AI. It allows brands, retailers, and manufacturers to develop connections with consumers across desktop and mobile devices.
While we acknowledge the potential of RZLV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.