NerdWallet (NRDS) Stock Forecast, Price & News

7 Wall Street 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 analysts is that investors should "moderate buy" NRDS shares.
View NRDS analyst ratings or view top-rated stocks.

7 equities research analysts have issued twelve-month price targets for NerdWallet's stock. Their NRDS share price forecasts range from $11.00 to $21.00. On average, they predict the company's stock price to reach $16.67 in the next twelve months. This suggests a possible upside of 89.6% 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 at the beginning of the year. Since then, NRDS stock has decreased by 8.4% and is now trading at $8.79.
View the best growth stocks for 2023 here.

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) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.11. The firm earned $143.30 million during the quarter, compared to analyst estimates of $137.22 million. NerdWallet had a negative trailing twelve-month return on equity of 1.93% and a net margin of 0.10%. The business's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.14) EPS.

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

NerdWallet issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (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 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 acted 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."

NerdWallet's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.01%), Institutional Venture Management XIV LLC (1.44%), Brandywine Global Investment Management LLC (1.30%), Geode Capital Management LLC (0.88%), State Street Corp (0.76%) and Dimensional Fund Advisors LP (0.44%). Insiders that own company stock include Kelly Gillease, Kevin Yuann, Lauren Stclair and Tim Chao-Ming Chen.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of NRDS stock can currently be purchased for approximately $8.79.

NerdWallet (NASDAQ:NRDS) has a market capitalization of $681.58 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.