Michael Grondahl, an analyst from Northland Securities, maintained the Buy rating on Sezzle Inc.. The associated price target was lowered to $130.00.
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Michael Grondahl has given his Buy rating due to a combination of factors that highlight Sezzle Inc.’s strong financial performance and strategic initiatives. The company reported significant growth in its third-quarter results, with revenue reaching $116.8 million and a record Gross Merchandise Volume (GMV) of $1 billion. This growth was largely driven by a strategic shift towards subscription-based services, which are believed to offer higher lifetime value due to better retention and payment performance.
Furthermore, Sezzle has increased its adjusted EBITDA guidance for the fiscal year 2025, indicating confidence in its financial outlook. The introduction of new consumer-focused features, such as the Earn Tab and Sezzle Arcade, demonstrates the company’s commitment to enhancing user engagement and managing financial pressures. These initiatives, coupled with a strong marketing push, have positioned Sezzle for continued growth, making it an attractive investment opportunity according to Grondahl.