Cantor Fitzgerald Resumes Coverage of Rezolve AI (RZLV) with Overweight Rating, $8 PT

Rezolve AI (NASDAQ:RZLV) is one of the AI stocks under $20 to buy now. On December 24, Cantor Fitzgerald assumed coverage of Rezolve AI (NASDAQ:RZLV) with an Overweight rating and $8 price target. This sentiment was announced as the firm updated its research coverage in the Security & Infrastructure Software sector.

Additionally, on December 23, Rezolve AI announced a significant shift from pilot programs to live enterprise deployments across its global markets, including EMEA, APAC, LATAM, and North America. The company reported that its AI-driven platform is seeing increased demand as retailers move from traditional search models to conversational engagement.

In the MENA region, the UK-headquartered fashion platform VogaCloset transitioned to a fully live status with Rezolve AI’s Conversational Commerce following successful A/B testing. Serving over 250,000 products, the platform saw over 60% of shoppers using image uploads for product discovery and styling. VogaCloset plans to expand this technology to Product Detail Pages and is considering upgrading to the company’s mobile-first Concierge experience as a potential replacement for its current search stack.

Growth in the Indian market is highlighted by a new multi-year agreement with Snapdeal, one of the country’s top five online marketplaces. Snapdeal is currently live with Rezolve Multi-Search and is exploring AI-driven shop the look styling features. Additionally, AJIO, the flagship fashion platform of Reliance Retail with more than $2.5 billion in annual eCommerce sales, has renewed and expanded its partnership to include more premium brand capabilities.

In Latin America, Rezolve has launched live production deployments for GAP and Banana Republic in Mexico. These multilingual systems handle search, enrichment, and SEO at an enterprise scale. The company also continues to grow its relationship with Liverpool, a major regional department store group. Strategic partnerships with regional hyperscalers in LATAM are further driving commercial discussions by providing live evaluations against incumbent technologies.

Rezolve AI (NASDAQ:RZLV) provides generative AI solutions for the retail and e-commerce sectors in the UK and the US.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.