Q3 EPS Estimates for Nerdy Decreased by Northland Securities

Key Points

• Northland Securities lowered Nerdy’s Q3 2026 EPS estimate to a loss of $1.50 per share from a previous estimate of $1.20, while projecting losses of $0.15 for Q4 and $2.55 for full-year 2026.
• Nerdy’s latest quarterly results beat expectations, reporting a $0.60 per-share loss versus the $0.75 consensus estimate and revenue of $43.23 million versus $43.00 million expected.
• Analyst sentiment remains negative, with a consensus “Reduce” rating and a $15 target price; the stock opened at $10.17 and has fallen below its 50-day and 200-day moving averages.

Nerdy Inc. (NYSE:NRDY - Free Report) - Stock analysts at Northland Securities lowered their Q3 2026 earnings estimates for Nerdy in a research report issued on Monday, August 10th. Northland Securities analyst G. Gibas now forecasts that the company will post earnings per share of ($1.50) for the quarter, down from their previous forecast of ($1.20). The consensus estimate for Nerdy's current full-year earnings is ($0.15) per share. Northland Securities also issued estimates for Nerdy's Q4 2026 earnings at ($0.15) EPS and FY2026 earnings at ($2.55) EPS.

Nerdy (NYSE:NRDY - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.60) earnings per share for the quarter, topping the consensus estimate of ($0.75) by $0.15. The business had revenue of $43.23 million for the quarter, compared to analyst estimates of $43.00 million. Nerdy had a negative return on equity of 100.13% and a negative net margin of 16.99%.

Other research analysts have also issued research reports about the company. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Nerdy in a report on Friday, July 17th. Wall Street Zen lowered Nerdy from a "hold" rating to a "sell" rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Nerdy has a consensus rating of "Reduce" and a consensus target price of $15.00.

Nerdy Stock Performance

NYSE:NRDY opened at $10.17 on Thursday. Nerdy has a 1-year low of $9.15 and a 1-year high of $22.35. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of -40.68 and a beta of 1.73. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.70 and a quick ratio of 2.70. The firm's fifty day moving average price is $12.84 and its 200 day moving average price is $13.17.

Institutional Investors Weigh In On Nerdy

Several hedge funds and other institutional investors have recently bought and sold shares of NRDY. Virtu Financial LLC acquired a new stake in shares of Nerdy in the 4th quarter valued at about $25,000. Symmetry Peak Management LLC bought a new position in shares of Nerdy during the fourth quarter worth about $26,000. Engineers Gate Manager LP acquired a new stake in shares of Nerdy in the fourth quarter valued at approximately $28,000. AQR Capital Management LLC increased its position in Nerdy by 67.9% in the 1st quarter. AQR Capital Management LLC now owns 37,660 shares of the company's stock valued at $53,000 after acquiring an additional 15,234 shares during the period. Finally, Strs Ohio bought a new stake in shares of Nerdy during the first quarter valued at about $56,000. 39.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Nerdy

In related news, CEO Charles K. Cohn purchased 16,667 shares of Nerdy stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $15.00 per share, with a total value of $250,005.00. Following the transaction, the chief executive officer owned 65,220 shares of the company's stock, valued at approximately $978,300. The trade was a 34.33% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders bought 65,219 shares of company stock worth $950,828. Company insiders own 50.99% of the company's stock.

About Nerdy

Nerdy, Inc NYSE: NRDY is an American education technology company that operates a live online learning marketplace. Through its flagship Varsity Tutors platform, the company connects students, professionals and lifelong learners with a network of thousands of educators for personalized one-on-one tutoring, group classes and test preparation. The platform leverages proprietary matching algorithms to pair learners with instructors based on subject expertise, learning style and scheduling preferences.

Founded in 2007 by entrepreneur Chuck Cohn, Nerdy began as Varsity Tutors in Washington, DC, before establishing its headquarters in St.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source