William Blair Has Positive Outlook of NerdWallet Q2 Earnings

NerdWallet, Inc. (NASDAQ:NRDS - Free Report) - Investment analysts at William Blair raised their Q2 2025 earnings estimates for NerdWallet in a research report issued on Tuesday, May 6th. William Blair analyst R. Schackart now expects that the company will earn $0.12 per share for the quarter, up from their prior forecast of $0.03. The consensus estimate for NerdWallet's current full-year earnings is $0.36 per share. William Blair also issued estimates for NerdWallet's Q3 2025 earnings at $0.16 EPS, FY2025 earnings at $0.44 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $0.20 EPS and FY2026 earnings at $0.86 EPS.

Other equities research analysts also recently issued reports about the company. Citigroup cut their price target on NerdWallet from $14.00 to $11.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 29th. KeyCorp dropped their price objective on shares of NerdWallet from $18.00 to $14.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Morgan Stanley cut their price target on NerdWallet from $15.00 to $12.00 and set an "equal weight" rating for the company in a research note on Monday, February 24th. Finally, Barclays boosted their price target on NerdWallet from $17.00 to $19.00 and gave the stock an "overweight" rating in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, NerdWallet currently has an average rating of "Moderate Buy" and a consensus price target of $15.00.

NerdWallet Stock Down 0.4%

Shares of NASDAQ NRDS traded down $0.05 during trading hours on Friday, hitting $11.56. 291,576 shares of the stock were exchanged, compared to its average volume of 545,842. NerdWallet has a 12 month low of $7.55 and a 12 month high of $16.45. The company has a market cap of $856.69 million, a PE ratio of 28.90 and a beta of 1.41. The firm has a fifty day moving average price of $9.01 and a 200-day moving average price of $11.99.

NerdWallet (NASDAQ:NRDS - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. NerdWallet had a net margin of 4.42% and a negative return on equity of 2.08%. The firm had revenue of $183.80 million for the quarter, compared to analysts' expectations of $168.33 million.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. KLP Kapitalforvaltning AS acquired a new stake in shares of NerdWallet during the fourth quarter worth about $80,000. RHS Financial LLC bought a new stake in NerdWallet during the first quarter worth about $100,000. EntryPoint Capital LLC bought a new position in NerdWallet in the first quarter valued at about $114,000. US Bancorp DE grew its position in NerdWallet by 41.2% during the 4th quarter. US Bancorp DE now owns 9,592 shares of the company's stock worth $128,000 after acquiring an additional 2,800 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of NerdWallet by 57.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,769 shares of the company's stock valued at $134,000 after buying an additional 5,389 shares during the last quarter. 38.81% of the stock is currently owned by institutional investors and hedge funds.

NerdWallet Company Profile

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.