NerdWallet, Inc. (NASDAQ:NRDS) Forecasted to Earn Q1 2025 Earnings of $0.07 Per Share

NerdWallet, Inc. (NASDAQ:NRDS) – Stock analysts at William Blair issued their Q1 2025 EPS estimates for shares of NerdWallet in a report released on Friday, April 26th. William Blair analyst R. Schackart anticipates that the company will earn $0.07 per share for the quarter. The consensus estimate for NerdWallet’s current full-year earnings is $0.22 per share. William Blair also issued estimates for NerdWallet’s Q3 2025 earnings at $0.13 EPS and Q4 2025 earnings at $0.21 EPS.

Other analysts have also recently issued research reports about the stock. KeyCorp increased their price target on shares of NerdWallet from $18.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, February 12th. Barclays increased their price target on shares of NerdWallet from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Thursday, February 15th. Citigroup increased their price target on shares of NerdWallet from $11.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, January 12th. Finally, Truist Financial cut their price objective on shares of NerdWallet from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, February 15th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.50.

NerdWallet Price Performance

Shares of NASDAQ:NRDS opened at $12.89 on Monday. The stock has a market cap of $992.66 million, a P/E ratio of -75.82 and a beta of 1.39. The firm has a fifty day moving average price of $15.01 and a 200 day moving average price of $13.58. NerdWallet has a 1-year low of $6.38 and a 1-year high of $17.30.

NerdWallet (NASDAQ:NRDS) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $161.90 million during the quarter, compared to analysts’ expectations of $156.95 million. NerdWallet had a negative net margin of 2.10% and a negative return on equity of 3.39%. NerdWallet’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 EPS.

Insiders Place Their Bets

In other NerdWallet news, VP Samuel Yount sold 6,309 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $16.16, for a total transaction of $101,953.44. Following the completion of the transaction, the vice president now owns 2,350,242 shares in the company, valued at approximately $37,979,910.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 45.93% of the stock is owned by insiders.

Hedge Funds Weigh In On NerdWallet

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of NerdWallet by 5.6% in the 3rd quarter. Vanguard Group Inc. now owns 3,526,688 shares of the company’s stock valued at $31,352,000 after purchasing an additional 187,422 shares in the last quarter. FMR LLC increased its holdings in NerdWallet by 88.7% during the 3rd quarter. FMR LLC now owns 3,486,387 shares of the company’s stock valued at $30,994,000 after acquiring an additional 1,638,515 shares in the last quarter. Brandywine Global Investment Management LLC increased its holdings in NerdWallet by 23.5% during the 3rd quarter. Brandywine Global Investment Management LLC now owns 1,228,046 shares of the company’s stock valued at $10,917,000 after acquiring an additional 233,975 shares in the last quarter. Azora Capital LP increased its holdings in NerdWallet by 23.7% during the 4th quarter. Azora Capital LP now owns 1,054,105 shares of the company’s stock valued at $15,516,000 after acquiring an additional 202,149 shares in the last quarter. Finally, Steamboat Capital Partners LLC increased its holdings in NerdWallet by 1.9% during the 3rd quarter. Steamboat Capital Partners LLC now owns 442,761 shares of the company’s stock valued at $3,936,000 after acquiring an additional 8,215 shares in the last quarter. Hedge funds and other institutional investors own 38.81% of the company’s stock.

About NerdWallet

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.