NerdWallet, Inc.

NerdWallet, Inc. Stock Forecast & Price Prediction

Live NerdWallet, Inc. Stock (NRDS) Price
$14.44

7

Ratings

  • Buy 5
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$14.44

P/E Ratio

816.00

Volume Traded Today

$762,600

Dividend

Dividends not available for NRDS

52 Week High/low

17.30/10.10

NerdWallet, Inc. Market Cap

$1.02B

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NRDS Summary

Based on ratings from 7 stock analysts, the NerdWallet, Inc. stock price is expected to increase by 17.73% in 12 months. This is calculated by using the average 12-month stock price forecast for NerdWallet, Inc.. The lowest target is $14 and the highest is $20. Please note analyst price targets are not guaranteed and could be missed completely.

NRDS Analyst Ratings

About 7 Wall Street analysts have assigned NRDS 5 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect NerdWallet, Inc. to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NRDS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

NRDS stock forecast by analyst

These are the latest 20 analyst ratings of NRDS.

Analyst/Firm

Rating

Price Target

Change

Date

Ross Sandler
Barclays

Overweight

$17

Maintains

Oct 30, 2024
Justin Patterson
Keybanc

Overweight

$20

Maintains

Oct 30, 2024
James Faucette
Morgan Stanley

Equal-Weight

$15

Maintains

Oct 30, 2024
Youssef Squali
Truist Securities

Buy

$16

Maintains

Aug 5, 2024
Jed Kelly
Oppenheimer

Outperform

$18

Maintains

Aug 1, 2024
Ross Sandler
Barclays

Overweight

$16

Maintains

Aug 1, 2024
James Faucette
Morgan Stanley

Equal-Weight

$15

Maintains

Mar 11, 2024
Youssef Squali
Truist Securities

Buy

$19

Maintains

Feb 15, 2024
Justin Patterson
Keybanc

Overweight

$22

Maintains

Feb 15, 2024
Ross Sandler
Barclays

Overweight

$18

Maintains

Feb 15, 2024
Justin Patterson
Keybanc

Overweight

$20

Maintains

Feb 12, 2024
Peter Christiansen
Citigroup

Neutral

$16

Maintains

Jan 12, 2024
Ross Sandler
Barclays

Overweight

$16

Maintains

Oct 27, 2023
James Faucette
Morgan Stanley

Equal-Weight

$10

Maintains

Oct 27, 2023
Youssef Squali
Truist Securities

Buy

$20

Maintains

Oct 27, 2023
Justin Patterson
Keybanc

Overweight

$18

Maintains

Oct 24, 2023
Peter Christiansen
Citigroup

Neutral

$11

Maintains

Oct 4, 2023
James Faucette
Morgan Stanley

Equal-Weight

$11

Maintains

Aug 4, 2023
Jed Kelly
Oppenheimer

Outperform

$16

Maintains

Aug 3, 2023
Justin Patterson
Keybanc

Overweight

$20

Maintains

Aug 3, 2023

NRDS Company Information

What They Do: Provides consumer-driven personal finance advice.

Business Model: The company operates a digital platform that connects consumers and small to mid-sized businesses with financial product providers. It generates revenue primarily through affiliate partnerships, where it earns commissions for referring users to financial products such as credit cards, loans, and insurance.

Other Information: Founded in 2009 and headquartered in San Francisco, NerdWallet serves customers in the United States, the United Kingdom, Australia, and Canada. The platform features educational content, tools, and a mobile app to facilitate access to various financial products.
NRDS
NerdWallet, Inc. (NRDS)

When did it IPO

2021

Staff Count

730

Country

United States

Sector/Industry

Communication Services/Internet Content & Information

CEO

Mr. Tim Chen

Market Cap

$1.02B

NerdWallet, Inc. (NRDS) Financial Data

In 2023, NRDS generated $599.4M in revenue, which was a increase of 11.23% from the previous year. This can be seen as a signal that NRDS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$245.3M

Revenue From 2021

$379.6M

54.75 %
From Previous Year

Revenue From 2022

$538.9M

41.97 %
From Previous Year

Revenue From 2023

$599.4M

11.23 %
From Previous Year
  • Revenue TTM $637.5M
  • Operating Margin TTM 7.5%
  • Gross profit TTM $545.4M
  • Return on assets TTM 2.2%
  • Return on equity TTM -3.1%
  • Profit Margin -1.6%
  • Book Value Per Share 4.36%
  • Market capitalisation $1.02B
  • Revenue for 2021 $379.6M
  • Revenue for 2022 $538.9M
  • Revenue for 2023 $599.4M
  • EPS this year (TTM) $-0.14

NerdWallet, Inc. (NRDS) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - NerdWallet shares surged after Q3 results showed a 25% year-over-year revenue growth, fueled by increased consumer interest in insurance. However, softer traffic trends are anticipated for Q4.

Why It Matters - NerdWallet's strong Q3 results and 25% revenue growth indicate robust consumer demand, but anticipated declining traffic trends in Q4 may signal future challenges, impacting stock performance.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - NerdWallet, Inc. (NASDAQ:NRDS) will hold its Q3 2024 earnings conference call on October 29, 2024, at 4:30 PM ET, featuring key executives and analysts from major financial firms.

Why It Matters - NerdWallet's Q3 2024 earnings call provides insights into its financial health and growth trajectory, influencing stock performance and investor sentiment.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NerdWallet announced its third quarter 2024 financial results, as reported on Business Wire. Further details on performance metrics were not provided in the excerpt.

Why It Matters - NerdWallet's Q3 2024 results can impact stock performance, indicating financial health and growth potential, influencing investor sentiment and market positioning.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - NerdWallet, Inc. (NRDS) reported break-even earnings per share this quarter, missing the Zacks Consensus Estimate of $0.03, compared to a loss of $0.01 per share last year.

Why It Matters - NerdWallet's break-even earnings signal improved financial stability, potentially boosting investor confidence and influencing stock performance in a competitive market.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - NerdWallet is experiencing significant revenue growth and rising profit margins, recovering traffic in October, gaining market share, and initiating stock buybacks, despite 3Q declines.

Why It Matters - NerdWallet's rising revenue and profit margins, market share gains, and stock buybacks signal a potential turnaround, suggesting undervalued stock and growth opportunities for investors.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Bloomberg Markets and Finance

Summary - Atomic and Nerdwallet launched a cash account allowing users to hold funds in U.S. Treasury bills, as discussed by Atomic CEO David Dinde on Bloomberg Open Interest.

Why It Matters - The new cash account allows individuals to invest in U.S. Treasury bills, potentially attracting more capital to these securities, impacting interest rates and overall market liquidity.

...

NRDS Frequently asked questions

The highest forecasted price for NRDS is $20 from Youssef Squali at Truist Securities.

The lowest forecasted price for NRDS is $14 from Justin Patterson from Keybanc

The NRDS analyst ratings consensus are 5 buy ratings, 2 hold ratings, and 0 sell ratings.