NerdWallet, Inc. (NRDS)

NASDAQ: NRDS · Real-Time Price · USD
12.95
-0.45 (-3.36%)
At close: Nov 20, 2024, 4:00 PM
12.85
-0.10 (-0.74%)
After-hours: Nov 20, 2024, 4:51 PM EST
-3.36%
Market Cap 951.03M
Revenue (ttm) 637.50M
Net Income (ttm) -10.50M
Shares Out 73.44M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 49.02
Dividend n/a
Ex-Dividend Date n/a
Volume 565,231
Open 13.45
Previous Close 13.40
Day's Range 12.90 - 13.57
52-Week Range 10.10 - 17.30
Beta 1.39
Analysts Buy
Price Target 17.00 (+31.27%)
Earnings Date Oct 29, 2024

About 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... [Read more]

IPO Date Nov 4, 2021
Employees 730
Stock Exchange NASDAQ
Ticker Symbol NRDS
Full Company Profile

Financial Performance

In 2023, NerdWallet's revenue was $599.40 million, an increase of 11.23% compared to the previous year's $538.90 million. Losses were -$11.80 million, 15.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for NRDS stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 31.27% from the latest price.

Price Target
$17.0
(31.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NerdWallet: Insurance Category Is Driving Hyper-Growth

Shares of NerdWallet have soared after the company posted much better than expected Q3 results. Revenue growth accelerated sharply to 25% y/y, driven by an uptick in consumers shopping around for new ...

13 days ago - Seeking Alpha

NerdWallet, Inc. (NRDS) Q3 2024 Earnings Call Transcript

NerdWallet, Inc. (NASDAQ:NRDS) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Caitlin MacNamee - Head of Investor Relations Tim Chen - Chief Executive Officer Laure...

22 days ago - Seeking Alpha

NerdWallet Reports Third Quarter 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet reports third quarter 2024 results.

22 days ago - Business Wire

NerdWallet Is A High-Quality Business At An Inflection Point

NerdWallet, a founder-led business, is at an inflection point with revenue growth and profit margins expected to rise significantly. Despite traffic declines in 3Q, NerdWallet is gaining market share ...

23 days ago - Seeking Alpha

Atomic Partners with Nerdwallet

Atomic and Nerdwallet are introducing a new type of cash account that lets individuals hold their funds in U.S. Treasury bills instead of traditional cash. Atomic CEO David Dinde joined Bloomberg Open...

5 weeks ago - Bloomberg Markets and Finance

NerdWallet Announces Conference Call to Review 2024 Third Quarter Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet Announces Conference Call to Review 2024 Third Quarter Financial Results.

5 weeks ago - Business Wire

NerdWallet: New Buybacks And Restructuring Plan Can Help Turn This Ship Around

After more than a 10% YTD slide, I'm giving NerdWallet a buy rating as it implements a new headcount restructuring intended to boost its margins. The company is experiencing strong user growth and exp...

6 weeks ago - Seeking Alpha

NerdWallet Announces New $50 Million Share Repurchase Program

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet announces new $50 million share repurchase program.

2 months ago - Business Wire

NerdWallet Q2 Earnings: Stock's Momentum Hit By Recurring EPS Misses

NerdWallet stock has declined abruptly following its earnings-per-share miss and a broad-based slump in high-beta assets. The company plans to cut its workforce to improve its bottom line, with a pote...

3 months ago - Seeking Alpha

NerdWallet: Time To Get Nerdy

NerdWallet, Inc. shares dropped 31.5% after Q2 results, driven by restructuring and a decline in monthly unique users. Despite mixed financial performance, the company's revenue grew 5.1% and most pro...

3 months ago - Seeking Alpha

NerdWallet Inc (NRDS) Q2 2024 Earnings Call Transcript

NerdWallet Inc (NASDAQ:NRDS) Q2 2024 Results Conference Call July 31, 2024 4:30 PM ET Company Participants Caitlin MacNamee - Investor Relations Officer Tim Chen - Co-founder, Chairman & CEO Lauren W...

4 months ago - Seeking Alpha

NerdWallet Reports Second Quarter 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet Reports Second Quarter 2024 Results; Revenue of $150.6 million, Up 5% Year-Over-Year.

4 months ago - Business Wire

NerdWallet Announces Conference Call to Review 2024 Second Quarter Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet Announces Conference Call to Review 2024 Second Quarter Financial Results.

4 months ago - Business Wire

Education Loan Finance (ELFI) Wins Best Student Loan Refinancing for Parents in NerdWallet's 2024 Best-Of Awards

NerdWallet's Annual Awards Feature Education Loan Finance as One of the Top Student Loan Refinancing Products KNOXVILLE, Tenn. , July 10, 2024 /PRNewswire/ -- NerdWallet, Inc. (Nasdaq: NRDS), a platfo...

4 months ago - PRNewsWire

NerdWallet: Don't Miss Out On This Secular Growth Opportunity

NerdWallet Inc.'s stock has surged by over 40% year-over-year but remains below its IPO price. The company's vertically integrated model will likely sustain its secular growth trajectory. Strong suppo...

5 months ago - Seeking Alpha

NerdWallet: Growth Story Remains Intact

NerdWallet stock has fallen in recent months as revenue declined 5% in the current quarter amongst a difficult macroeconomic environment. Despite this decline, the company did well managing marketing ...

5 months ago - Seeking Alpha

40-Time Top Ranked Janiczek Wealth Management Just Earned 2024 Top Financial Advisor Accolades From Barron's, Forbes, NerdWallet, and USA Todayi

DENVER--(BUSINESS WIRE)--Janiczek Wealth Management, headquartered in Denver, is named among top investment advisors in Barron's, Forbes, NerdWallet, USA Today lists in 2024!.

7 months ago - Business Wire

Nerdwallet CEO talks earnings, says consumer is 'stretched'

NerdWallet (NRDS) reported mixed first-quarter earnings, beating expectations on the top and bottom lines, but falling short of estimates for credit card revenue. NerdWallet's CEO Tim Chen joins Wealt...

7 months ago - Yahoo Finance

NerdWallet CEO talks the current lending environment

Tim Chen, NerdWallet CEO, joins 'Closing Bell Overtime' to talk quarterly results, the current lending environment, and more.

7 months ago - CNBC Television

NerdWallet Inc. (NRDS) Q1 2024 Earnings Call Transcript

NerdWallet Inc. (NASDAQ:NRDS) Q1 2024 Earnings Conference Call April 25, 2024 4:30 PM ET Company Participants Caitlin MacNamee - Head-Investor Relations Tim Chen - Chief Executive Officer Lauren StCl...

7 months ago - Seeking Alpha

NerdWallet Reports First Quarter 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--NERDWALLET REPORTS FIRST QUARTER 2024 RESULTS.

7 months ago - Business Wire

NerdWallet Announces Conference Call to Review 2024 First Quarter Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet Announces Conference Call to Review 2024 First Quarter Financial Results.

8 months ago - Business Wire

NerdWallet: Mismatch Between Valuations And Growth Prospects

NerdWallet's goal is to register a 15% operating profit margin by 2026 and a yearly  +15-20% top-line expansion for the long term. NRDS' current mid-teens P/E multiple is attractive, as I expect the c...

8 months ago - Seeking Alpha

NerdWallet to Present at KeyBanc Capital Markets Emerging Technology Summit

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet to Present at KeyBanc Capital Markets Emerging Technology Summit.

9 months ago - Business Wire

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

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

10 months ago - Seeking Alpha