Should I buy or sell NerdWallet stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NerdWallet in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NRDS shares. View NRDS analyst ratings or view top-rated stocks .

What is NerdWallet's stock price target for 2024?

6 Wall Street analysts have issued 1-year price objectives for NerdWallet's shares. Their NRDS share price targets range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $16.50 in the next year. This suggests a possible upside of 24.4% from the stock's current price. View analysts price targets for NRDS or view top-rated stocks among Wall Street analysts .

How have NRDS shares performed in 2024?

NerdWallet's stock was trading at $14.72 at the start of the year. Since then, NRDS shares have decreased by 9.9% and is now trading at $13.26. View the best growth stocks for 2024 here .

When is NerdWallet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our NRDS earnings forecast .

How can I listen to NerdWallet's earnings call?

NerdWallet will be holding an earnings conference call on Thursday, April 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were NerdWallet's earnings last quarter?

NerdWallet, Inc. (NASDAQ:NRDS) posted its earnings results on Wednesday, February, 14th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.14. The firm earned $133.70 million during the quarter, compared to analysts' expectations of $138.43 million. NerdWallet had a negative net margin of 1.97% and a negative trailing twelve-month return on equity of 3.24%. The business's revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS.

What ETF holds NerdWallet's stock?

Fidelity Disruptive Finance ETF holds 57,120 shares of NRDS stock, representing 1.73% of its portfolio.

What guidance has NerdWallet issued on next quarter's earnings?

NerdWallet updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $155.0 million-$160.0 million, compared to the consensus revenue estimate of $154.3 million.

When did NerdWallet IPO?

NerdWallet (NRDS) raised $131 million in an initial public offering (IPO) on Thursday, November 4th 2021. The company issued 7,300,000 shares at $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.

How do I buy shares of NerdWallet?

Shares of NRDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NRDS

NerdWallet (NRDS) Stock Price, News & Analysis

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$13.26

-0.09 (-0.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $13.22
▼
$13.72
50-Day Range: $13.26
▼
$16.98
52-Week Range: $6.38
▼
$17.30

Volume: 344,182 shs
Average Volume: 335,177 shs
Market Capitalization: $1.02 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.50

Get NerdWallet alerts:

NerdWallet MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 24.4% Upside
$16.50 Price Target
Short Interest: Bearish
5.33% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.89
Based on 2 Articles This Week
Insider Trading: Selling Shares
$124,261 Sold Last Quarter
Proj. Earnings Growth: 77.27%
From $0.22 to $0.39 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

Finance Sector

710th out of 822 stocks

Data Processing & Preparation Industry

42nd out of 55 stocks

2.3

Analyst's Opinion

Consensus Rating
NerdWallet has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
NerdWallet has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.33% of the float of NerdWallet has been sold short.
Short Interest Ratio / Days to Cover
NerdWallet has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in NerdWallet has recently increased by 17.37%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
NerdWallet does not currently pay a dividend.
Dividend Growth
NerdWallet does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NRDS.

2.2

News and Social Media Coverage

News Sentiment
NerdWallet has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for NerdWallet this week, compared to 2 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NerdWallet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $124,261.00 in company stock.
Percentage Held by Insiders
45.93% of the stock of NerdWallet is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 38.81% of the stock of NerdWallet is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for NerdWallet are expected to grow by 77.27% in the coming year, from $0.22 to $0.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NerdWallet is -82.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NerdWallet is -82.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
NerdWallet has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About NerdWallet Stock (NASDAQ:NRDS)

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. The company was founded in 2009 and is based in San Francisco, California.

NRDS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NRDS Stock News Headlines

April 18, 2024 | americanbankingnews.com

NerdWallet (NRDS) Set to Announce Earnings on Thursday

April 8, 2024 | businesswire.com

NerdWallet Announces Conference Call to Review 2024 First Quarter Financial Results

April 19, 2024 | DTI (Ad)

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April 7, 2024 | seekingalpha.com

NerdWallet: Mismatch Between Valuations And Growth Prospects

March 16, 2024 | finance.yahoo.com

NRDS Apr 2024 20.000 call

March 16, 2024 | finance.yahoo.com

NRDS Apr 2024 17.500 put

March 16, 2024 | finance.yahoo.com

NRDS Apr 2024 17.500 call

March 14, 2024 | finance.yahoo.com

NRDS Jun 2024 5.000 put

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 11, 2024 | markets.businessinsider.com

Hold Rating on NerdWallet Amidst Growth and Market Cyclicality

March 11, 2024 | markets.businessinsider.com

Evaluating Nerdwallet: Insights From 6 Financial Analysts

March 10, 2024 | investorplace.com

The Top 3 Software Stocks to Buy in March 2024

March 4, 2024 | markets.businessinsider.com

KeyBanc Sticks to Their Buy Rating for NerdWallet, Inc. Class A (NRDS)

March 3, 2024 | msn.com

NerdWallet says company didn't file for bankruptcy protection

March 2, 2024 | cnbc.com

NerdWallet says it did not file for bankruptcy, citing a fraudulent filing

March 2, 2024 | msn.com

NerdWallet says it did not file for bankruptcy, cites fraudulent filing

February 23, 2024 | msn.com

NerdWallet (NRDS) Price Target Increased by 16.13% to 18.36

February 20, 2024 | msn.com

NerdWallet files for $150M mixed shelf

February 20, 2024 | finance.yahoo.com

NerdWallet to Present at KeyBanc Capital Markets Emerging Technology Summit

February 20, 2024 | businesswire.com

NerdWallet to Present at KeyBanc Capital Markets Emerging Technology Summit

February 17, 2024 | seekingalpha.com

NerdWallet, Inc. (NRDS) Q4 2023 Earnings Call Transcript

February 15, 2024 | finance.yahoo.com

NerdWallet, Inc. (NASDAQ:NRDS) Q4 2023 Earnings Call Transcript

February 15, 2024 | fool.com

Why NerdWallet Stock Dropped 8.5% Today

February 14, 2024 | finance.yahoo.com

NerdWallet Reports Fourth Quarter and Full Year 2023 Results

February 14, 2024 | benzinga.com

Recap: Nerdwallet Q4 Earnings

February 14, 2024 | msn.com

NerdWallet GAAP EPS of -$0.03 misses by $0.13, revenue of $133.7M misses by $4.72M

February 14, 2024 | finance.yahoo.com

Nerdwallet Inc (NRDS) Faces Revenue Decline Amidst Economic Headwinds

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Data processing & preparation
Sub-Industry: N/A
Current Symbol: NASDAQ:NRDS
CUSIP: N/A
CIK: 1625278
Web: www.nerdwallet.com
Phone: 415-549-8913
Fax: N/A
Employees: 730
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.50
High Stock Price Target: $20.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +23.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 60.82
P/E Growth: N/A
Net Income: $-11,800,000.00
Net Margins: -1.97%
Pretax Margin: 1.05%
Return on Equity: -3.24%
Return on Assets: -2.77%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.32
Quick Ratio: 5.32

Sales & Book Value

Annual Sales: $599.40 million
Price / Sales: 1.72
Cash Flow: $0.47 per share
Price / Cash Flow: 28.26
Book Value: $4.77 per share
Price / Book: 2.81

Miscellaneous

Outstanding Shares: 77,010,000
Free Float: 41,638,000
Market Cap: $1.03 billion
Optionable: Optionable
Beta: 1.39

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Key Executives

Mr. Tim Chen (Age 41)
Co-founder, Chairman & CEO
Comp: $639.62k
Ms. Lauren St. Clair Waugh (Age 44)
Chief Financial Officer
Comp: $770.64k
Mr. Kevin Yuann (Age 45)
Chief Business Officer
Comp: $537.12k
Caitlin MacNamee
Investor Relations Officer
Mr. Ekumene M. Lysonge (Age 47)
Chief Legal Officer & Corporate Secretary
Keely Spillane
Vice President of Communications & Organic Growth
Ms. Lynee Luque (Age 45)
Chief People Officer
Mr. Jason Rodriguez (Age 46)
Chief Product Officer
Ms. Alison McCoy
Vice President of Brand Marketing
Mr. Samuel Yount
Vice President of Consumer Credit

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NRDS Stock Analysis - Frequently Asked Questions

Should I buy or sell NerdWallet stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NerdWallet in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NRDS shares.
View NRDS analyst ratings or view top-rated stocks.
What is NerdWallet's stock price target for 2024?: 6 Wall Street analysts have issued 1-year price objectives for NerdWallet's shares. Their NRDS share price targets range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $16.50 in the next year. This suggests a possible upside of 24.4% from the stock's current price.
View analysts price targets for NRDS or view top-rated stocks among Wall Street analysts.
How have NRDS shares performed in 2024?: NerdWallet's stock was trading at $14.72 at the start of the year. Since then, NRDS shares have decreased by 9.9% and is now trading at $13.26.
View the best growth stocks for 2024 here.
When is NerdWallet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our NRDS earnings forecast.
How can I listen to NerdWallet's earnings call?: NerdWallet will be holding an earnings conference call on Thursday, April 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were NerdWallet's earnings last quarter?: NerdWallet, Inc. (NASDAQ:NRDS) posted its earnings results on Wednesday, February, 14th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.14. The firm earned $133.70 million during the quarter, compared to analysts' expectations of $138.43 million. NerdWallet had a negative net margin of 1.97% and a negative trailing twelve-month return on equity of 3.24%. The business's revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS.

What ETF holds NerdWallet's stock?: Fidelity Disruptive Finance ETF holds 57,120 shares of NRDS stock, representing 1.73% of its portfolio.
What guidance has NerdWallet issued on next quarter's earnings?: NerdWallet updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $155.0 million-$160.0 million, compared to the consensus revenue estimate of $154.3 million.
When did NerdWallet IPO?: NerdWallet (NRDS) raised $131 million in an initial public offering (IPO) on Thursday, November 4th 2021. The company issued 7,300,000 shares at $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.
How do I buy shares of NerdWallet?: Shares of NRDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NRDS) was last updated on 4/19/2024 by MarketBeat.com Staff

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NerdWallet (NRDS) Stock Price, News & Analysis

NerdWallet MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About NerdWallet Stock (NASDAQ:NRDS)

NRDS Stock Price History

NRDS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NRDS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™