Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
NerdWallet, Inc. Market Cap
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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.
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