NerdWallet (NRDS) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NerdWallet in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NRDS shares.
View NRDS analyst ratings or view top-rated stocks.

7 equities research analysts have issued 1-year price targets for NerdWallet's shares. Their NRDS share price forecasts range from $11.00 to $21.00. On average, they predict the company's share price to reach $16.67 in the next year. This suggests a possible upside of 87.5% from the stock's current price.
View analysts price targets for NRDS or view top-rated stocks among Wall Street analysts.

NerdWallet's stock was trading at $9.60 on January 1st, 2023. Since then, NRDS shares have decreased by 7.4% and is now trading at $8.89.
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NerdWallet saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,180,000 shares, a decrease of 16.3% from the August 31st total of 1,410,000 shares. Based on an average daily volume of 378,500 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.3% of the shares of the stock are short sold.
View NerdWallet's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our NRDS earnings forecast.

NerdWallet, Inc. (NASDAQ:NRDS) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.11. The company had revenue of $143.30 million for the quarter, compared to the consensus estimate of $137.22 million. NerdWallet had a net margin of 0.10% and a negative trailing twelve-month return on equity of 1.93%. The business's revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.14) EPS.

ETFs with the largest weight of NerdWallet (NASDAQ:NRDS) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF).

NerdWallet updated its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $142.00 million-$147.00 million, compared to the consensus revenue estimate of $145.51 million.

(NRDS) raised $131 million in an initial public offering (IPO) on Thursday, November 4th 2021. The company issued 7,300,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, KeyBanc Capital Markets, BofA SecuritiesBarclays Capital and Citigroup served as the underwriters for the IPO and Truist Securities,, William Blair and Oppenheimer were co-managers.

NerdWallet trades on the NASDAQ under the ticker symbol "NRDS."

Shares of NRDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NRDS stock can currently be purchased for approximately $8.89.

NerdWallet (NASDAQ:NRDS) has a market capitalization of $689.33 million and generates $538.90 million in revenue each year. The company earns $-10,200,000.00 in net income (profit) each year or $0.01 on an earnings per share basis.

The company employs 770 workers across the globe.

The official website for the company is www.nerdwallet.com. The company can be reached via phone at 415-549-8913 or via email at ir@nerdwallet.com.