Q2 Earnings Forecast for NerdWallet Issued By William Blair

NerdWallet, Inc. (NASDAQ:NRDS - Free Report) - Stock analysts at William Blair boosted their Q2 2025 earnings estimates for shares of NerdWallet in a report released on Tuesday, May 6th. William Blair analyst R. Schackart now forecasts that the company will post earnings of $0.12 per share for the quarter, up from their previous 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.

A number of other research analysts have also commented on the stock. Barclays upped their price target on shares of NerdWallet from $17.00 to $19.00 and gave the company an "overweight" rating in a research note on Thursday, February 20th. KeyCorp dropped their price objective on NerdWallet from $18.00 to $14.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Citigroup decreased 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. Finally, Morgan Stanley reduced their price objective on shares of NerdWallet from $15.00 to $12.00 and set an "equal weight" rating on the stock in a research note on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $15.00.

NerdWallet Price Performance

NerdWallet stock traded down $0.24 during mid-day trading on Friday, hitting $11.61. 502,569 shares of the company's stock traded hands, compared to its average volume of 545,204. The firm has a 50 day simple moving average of $9.01 and a two-hundred day simple moving average of $11.99. The stock has a market cap of $860.39 million, a price-to-earnings ratio of 29.03 and a beta of 1.41. NerdWallet has a fifty-two week low of $7.55 and a fifty-two week high of $16.45.

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

Hedge Funds Weigh In On NerdWallet

Institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC grew its stake in shares of NerdWallet by 374.6% during the third quarter. Barclays PLC now owns 65,277 shares of the company's stock worth $830,000 after buying an additional 51,524 shares during the last quarter. SG Americas Securities LLC boosted its holdings in NerdWallet by 17.0% in the fourth quarter. SG Americas Securities LLC now owns 16,232 shares of the company's stock valued at $216,000 after acquiring an additional 2,364 shares during the last quarter. Rhumbline Advisers increased its position in shares of NerdWallet by 1.5% during the fourth quarter. Rhumbline Advisers now owns 51,536 shares of the company's stock worth $685,000 after buying an additional 769 shares during the period. Los Angeles Capital Management LLC raised its position in shares of NerdWallet by 892.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 216,172 shares of the company's stock worth $2,875,000 after acquiring an additional 194,387 shares in the last quarter. Finally, Versor Investments LP bought a new stake in shares of NerdWallet in the 4th quarter valued at $669,000. 38.81% of the stock is currently owned by institutional investors and hedge funds.

About NerdWallet

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.