NerdWallet, Inc. (NASDAQ:NRDS - Free Report) - Equities researchers at William Blair raised their FY2025 earnings per share (EPS) estimates for NerdWallet in a research note issued to investors on Thursday, August 7th. William Blair analyst R. Schackart now forecasts that the company will earn $0.46 per share for the year, up from their previous forecast of $0.44. The consensus estimate for NerdWallet's current full-year earnings is $0.36 per share. William Blair also issued estimates for NerdWallet's Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.19 EPS and FY2026 earnings at $0.77 EPS.
NerdWallet (NASDAQ:NRDS - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.11 EPS for the quarter, meeting analysts' consensus estimates of $0.11. The business had revenue of $186.90 million for the quarter, compared to the consensus estimate of $195.32 million. NerdWallet had a return on equity of 2.61% and a net margin of 6.11%. The business's revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.12) EPS.
NRDS has been the subject of several other research reports. KeyCorp reduced their price objective on shares of NerdWallet from $18.00 to $14.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Citigroup reduced their price target on shares of NerdWallet from $14.00 to $11.00 and set a "neutral" rating for the company in a research report on Tuesday, April 29th. Finally, Barclays dropped their price objective on NerdWallet from $17.00 to $14.00 and set an "overweight" rating on the stock in a report on Friday.
View Our Latest Analysis on NRDS
NerdWallet Stock Down 17.1%
Shares of NerdWallet stock opened at $9.18 on Monday. NerdWallet has a 52 week low of $7.55 and a 52 week high of $16.45. The firm's 50 day moving average is $10.83 and its two-hundred day moving average is $10.61. The firm has a market capitalization of $684.00 million, a P/E ratio of 14.81 and a beta of 1.45.
Hedge Funds Weigh In On NerdWallet
Hedge funds have recently modified their holdings of the business. Topline Capital Management LLC acquired a new stake in NerdWallet during the 4th quarter worth $69,840,000. Vanguard Group Inc. boosted its stake in shares of NerdWallet by 1.8% during the first quarter. Vanguard Group Inc. now owns 3,899,417 shares of the company's stock worth $35,290,000 after buying an additional 69,499 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of NerdWallet by 3.1% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 996,032 shares of the company's stock worth $10,926,000 after buying an additional 29,829 shares during the period. Geode Capital Management LLC grew its holdings in shares of NerdWallet by 9.7% during the second quarter. Geode Capital Management LLC now owns 925,503 shares of the company's stock worth $10,154,000 after buying an additional 81,986 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in NerdWallet by 8.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 867,500 shares of the company's stock valued at $11,537,000 after acquiring an additional 64,366 shares during the period. 38.81% of the stock is currently owned by hedge funds and other institutional investors.
About NerdWallet
(
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NerdWallet, Inc operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers in the United States, the United Kingdom, Australia, and Canada. Its platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as through NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans.
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