NerdWallet (NASDAQ:NRDS) Given New $18.00 Price Target at Truist Financial

NerdWallet (NASDAQ:NRDS) had its price target reduced by Truist Financial from $19.00 to $18.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

Other analysts also recently issued research reports about the stock. Morgan Stanley lifted their target price on shares of NerdWallet from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, November 10th. Barclays lifted their price objective on NerdWallet from $14.00 to $17.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Zacks Research downgraded NerdWallet from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Finally, KeyCorp raised their target price on NerdWallet from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, NerdWallet currently has an average rating of “Hold” and a consensus price target of $15.20.

NerdWallet Trading Up 7.3%

Shares of NASDAQ:NRDS opened at $11.07 on Thursday. The business has a 50-day moving average price of $12.14 and a 200 day moving average price of $12.07. The company has a market capitalization of $804.90 million, a price-to-earnings ratio of 17.30 and a beta of 1.43. NerdWallet has a 12-month low of $7.55 and a 12-month high of $16.24.

NerdWallet (NASDAQ:NRDS) last posted its earnings results on Wednesday, February 25th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. NerdWallet had a net margin of 5.82% and a return on equity of 12.55%. The company had revenue of $225.40 million for the quarter, compared to analysts’ expectations of $211.37 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. NerdWallet’s revenue for the quarter was up 22.6% compared to the same quarter last year. As a group, equities research analysts predict that NerdWallet will post 0.36 earnings per share for the current fiscal year.

NerdWallet declared that its Board of Directors has initiated a stock buyback program on Tuesday, December 16th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Insider Activity at NerdWallet

In other news, insider Samuel Yount sold 15,945 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $16.04, for a total value of $255,757.80. Following the completion of the sale, the insider directly owned 358,116 shares of the company’s stock, valued at approximately $5,744,180.64. This represents a 4.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 46.54% of the company’s stock.

Hedge Funds Weigh In On NerdWallet

Several institutional investors have recently added to or reduced their stakes in NRDS. Tower Research Capital LLC TRC lifted its position in NerdWallet by 37.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,893 shares of the company’s stock worth $43,000 after acquiring an additional 1,054 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of NerdWallet by 9.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,659 shares of the company’s stock worth $249,000 after purchasing an additional 1,934 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of NerdWallet by 12.4% during the second quarter. JPMorgan Chase & Co. now owns 19,576 shares of the company’s stock worth $215,000 after purchasing an additional 2,161 shares during the period. AQR Capital Management LLC grew its position in NerdWallet by 1.3% in the 4th quarter. AQR Capital Management LLC now owns 184,082 shares of the company’s stock valued at $2,494,000 after buying an additional 2,316 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in NerdWallet by 7.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 35,545 shares of the company’s stock valued at $482,000 after buying an additional 2,447 shares during the period. Institutional investors and hedge funds own 38.81% of the company’s stock.

Key NerdWallet News

Here are the key news stories impacting NerdWallet this week:

• Positive Sentiment: Q4 results beat expectations — EPS $0.19 vs. $0.17 consensus and revenue $225.4M vs. $211.4M est; revenue was up 22.6% year‑over‑year, which underpins the bullish reaction. MarketBeat Earnings Report
• Positive Sentiment: Company issued Q1 FY2026 revenue guidance of $224M–$232M versus consensus ~$222.4M — guidance tilted slightly above expectations, supporting the stock move. Press Release / Guidance
• Positive Sentiment: Market coverage and headlines calling out the quarter and subsequent price action have amplified buying interest. Yahoo Finance: Shares Skyrocket
• Neutral Sentiment: Analyst note: Truist trimmed its price target from $19 to $18 but kept a Buy rating — still implies significant upside vs. current levels. TickerReport / Benzinga
• Neutral Sentiment: Morgan Stanley maintained a Hold rating with a $14 target, highlighting a more cautious view on strategic risks despite solid execution. TipRanks / Morgan Stanley Note
• Neutral Sentiment: Earnings call transcript and details are available for investors wanting color on customer mix, marketing spend and product initiatives. Seeking Alpha Transcript
• Negative Sentiment: Short interest jumped ~34.5% in February to ~4.6M shares, representing ~11.7% of shares outstanding — higher shorting raises downside pressure and can increase intraday volatility.
• Negative Sentiment: Despite the beat, some coverage noted the stock initially fell on the print, illustrating mixed investor takeaways (profit‑taking, valuation questions, or concerns about margins and longer‑term growth). Yahoo Finance: Stock Drops Despite Strong Q4

About NerdWallet

NerdWallet (NASDAQ: NRDS) is a personal finance company that offers independent guidance and comparison tools to help consumers make informed financial decisions. Through its website and mobile application, NerdWallet provides a wide range of content, including articles, calculators and reviews covering credit cards, mortgages, personal loans, banking products, investing, insurance and taxes. The platform aggregates partner offers to enable side-by-side comparisons, while editorially maintaining objectivity to support users in identifying the products that best suit their individual needs.

Founded in 2009 by Tim Chen and Jacob Gibson, NerdWallet is headquartered in San Francisco and serves consumers primarily in the United States, with additional localized offerings in Canada and the United Kingdom.