Sezzle Inc Registered Shs WKN: A3EGAB ISIN: US78435P1057 Kürzel: SEZL Forum: Aktien Thema: Hauptdiskussion

Ich weiß, dass das ein joke war,wenn du mit einem weißen Tuch Bullen stoppen willst,ist es bald rot von deinem Blut

it was a joke 🤦🏼‍♂️, aber danke Herr 🧑‍🏫 . 🤔 wenn die Bullen farbenblind sind, dann sehen die ja nie ob heute ein 📉roter oder grüner 📈Tag wird 😜😂😂 ☝🏻Joke 😂

Ein bekannter ist Landwirt,er kennt den Herdentrieb.Wenn eine Anzahl von Tieren,egal ob Schweine,Rinder oder Hühner zum Laufen anfangen,kann man sie nur schwer stoppen,einzelne Individuen werden mitgerissen. Zuerst hat die Herde sezzle nach oben getrieben und jetzt geht es Richtung starker Unterbewertung,die Bullen laufen in die verkehrte Richtung,probiert einmal Bullen zu stoppen

Sezzle: Facing Deep BNPL Repricing Jul. 04, 2025 11:09 AM ETSezzle Inc. (SEZL) StockSEZL Moretus Research 712 Followers 5 Share Save (12min) Comments (10) About this article Ticker Analyst rating STRONG SELL Price at publication $180.50 Last price $148.63 Change since publication -17.66% S&P 500 change since publication 0.34% Days since publication 7 Summary We rate Sezzle 'strong sell' with a $120 PT, citing severe repricing risk as macro and regulatory headwinds intensify for high-multiple fintechs. Despite robust recurring revenue and above-consensus EPS, SEZL’s premium multiple is unsustainable amid rising compliance costs and tightening state-level BNPL regulation. Multiple compression is likely as sector medians reset below 30x P/E, and SEZL’s scarcity premium leaves little margin for macro or credit missteps. While upside exists if execution and credit outperform, risk/reward is heavily negative; we recommend avoiding or reducing exposure as repricing gravity resumes. BNPL Buy now pay later online shopping concept. B4LLS Repricing Risk In BNPL We initiate coverage on Sezzle Inc. (NASDAQ:SEZL) with a Strong Sell rating and $120 PT. Sezzle Inc. operates a digital BNPL platform that allows consumers in the US/CAD to split purchases into four interest-free installments online and offline. Its rapid growth, driven by a pivot to recurring revenue and an enterprise merchant segment, puts it at the center of this market’s recalibration. Despite consensus optimism (SEZL has been a perpetual upside surprise and our FY26E EPS of $4.60 is 8.3% ahead of the Street), we believe investors are overlooking a fundamental premise shift in the macro and regulatory backdrops for high-multiple fintech. Valuations that once supported >53x forward P/E for names with rapid transaction volume growth and robust unit economics (70% margin; credit losses now controlled in the 2.5–3.0% range) made sense in the low-rate, free-capital regime that has passed. Today, persistent real rates and unprecedented state-level regulatory escalation signal an ongoing clampdown on multiple expansion, rising compliance costs and operational friction, especially as New York’s BNPL statute sets a precedent. Peer median benchmarks for payments and BNPL signal a far lower sustainable valuation anchor, and our justified 26x FY26E P/E implies a 31% downside, even assuming high execution. Subscription monetization and buybacks offer some durability, but a macro or credit surprise to the upside that would drive a rapid snap-back is unlikely. We see R/R as heavily skewed negative as repricing gravity reasserts and the stock leaves little margin for error on macro.