NASDAQ:NRDS

NerdWallet (NRDS) Stock Price, News & Analysis

$12.89
-0.63 (-4.66%)
(As of 04/26/2024 08:53 PM ET)
Today's Range
$12.76
$14.50
50-Day Range
$12.89
$16.98
52-Week Range
$6.38
$17.30
Volume
886,800 shs
Average Volume
343,063 shs
Market Capitalization
$992.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.50

NerdWallet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
28.0% Upside
$16.50 Price Target
Short Interest
Healthy
4.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of NerdWallet in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$124,261 Sold Last Quarter
Proj. Earnings Growth
81.82%
From $0.22 to $0.40 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.

3.38 out of 5 stars

Finance Sector

438th out of 831 stocks

Data Processing & Preparation Industry

17th out of 56 stocks

NRDS stock logo

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

NRDS Stock News Headlines

NerdWallet (NASDAQ:NRDS) Shares Gap Up to $13.52
If you have $2,500 bucks… check this out
This computer whiz has been averaging 234% per year with an undefeated strategy he calls… The “Income Glitch” And he’s been making out like a bandit with a 100% success rate on over 64 trade opportunities!
NerdWallet Reports First Quarter 2024 Results
If you have $2,500 bucks… check this out
This computer whiz has been averaging 234% per year with an undefeated strategy he calls… The “Income Glitch” And he’s been making out like a bandit with a 100% success rate on over 64 trade opportunities!
NerdWallet (NASDAQ:NRDS) Stock Price Up 4.1%
NRDS Apr 2024 20.000 call
NRDS Apr 2024 17.500 put
NRDS Apr 2024 17.500 call
NRDS Jun 2024 5.000 put
Hold Rating on NerdWallet Amidst Growth and Market Cyclicality
Evaluating Nerdwallet: Insights From 6 Financial Analysts
The Top 3 Software Stocks to Buy in March 2024
NerdWallet files for $150M mixed shelf
See More Headlines
Receive NRDS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NerdWallet and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/25/2024
Today
4/28/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:NRDS
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
+28.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-11,800,000.00
Pretax Margin
1.05%

Debt

Sales & Book Value

Annual Sales
$599.40 million
Cash Flow
$0.47 per share
Book Value
$4.77 per share

Miscellaneous

Free Float
41,638,000
Market Cap
$992.66 million
Optionable
Optionable
Beta
1.39
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

  • Mr. Tim Chen (Age 41)
    Co-founder, Chairman & CEO
    Comp: $702.8k
  • Ms. Lauren St. Clair Waugh (Age 43)
    Chief Financial Officer
    Comp: $949.55k
  • Mr. Samuel Yount
    Vice President of Consumer Credit
  • 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 44)
    Chief People Officer
  • Mr. Kevin YuannMr. Kevin Yuann (Age 45)
    Chief Business Officer
    Comp: $537.12k
  • Mr. Jason Rodriguez (Age 45)
    Chief Product Officer
  • Ms. Alison McCoy
    Vice President of Brand Marketing

NRDS Stock Analysis - Frequently Asked Questions

Should I buy or sell NerdWallet stock right now?

6 Wall Street equities 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 equities 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 equities research analysts have issued 1 year target prices for NerdWallet's shares. Their NRDS share price targets range from $10.00 to $20.00. On average, they predict the company's share price to reach $16.50 in the next year. This suggests a possible upside of 28.0% 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 12.4% and is now trading at $12.89.
View the best growth stocks for 2024 here
.

Are investors shorting NerdWallet?

NerdWallet saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,570,000 shares, a decline of 19.9% from the March 31st total of 1,960,000 shares. Based on an average daily volume of 342,200 shares, the short-interest ratio is presently 4.6 days. Approximately 4.3% of the company's shares are sold short.
View NerdWallet's Short Interest
.

When is NerdWallet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our NRDS earnings forecast
.

How were NerdWallet's earnings last quarter?

NerdWallet, Inc. (NASDAQ:NRDS) issued its earnings results on Thursday, April, 25th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.00 by $0.01. The business had revenue of $161.90 million for the quarter, compared to the consensus estimate of $156.95 million. NerdWallet had a negative trailing twelve-month return on equity of 3.39% and a negative net margin of 2.10%. The business's quarterly revenue was down 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.02 EPS.

What ETF holds NerdWallet's stock?

Fidelity Disruptive Finance ETF holds 57,120 shares of NRDS stock, representing 1.80% of its portfolio.

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

NerdWallet issued an update on its second quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $147.0 million-$152.0 million, compared to the consensus revenue estimate of $145.8 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 a price of $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.

Who are NerdWallet's major shareholders?

NerdWallet's stock is owned by many different institutional and retail investors. Top institutional investors include Mesirow Financial Investment Management Inc. (0.03%), Mesirow Financial Investment Management Inc. (0.03%) and Newbridge Financial Services Group Inc. (0.02%). Insiders that own company stock include Kelly Gillease, Kevin Yuann, Lauren Stclair, Maurice Kevin Taylor, Samuel Yount and Tim Chao-Ming Chen.
View institutional ownership trends
.

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 4/29/2024 by MarketBeat.com Staff

From Our Partners