NerdWallet, Inc. (NRDS)
NASDAQ: NRDS · Real-Time Price · USD
11.98
+0.73 (6.49%)
At close: Oct 11, 2024, 4:00 PM
11.97
-0.01 (-0.08%)
After-hours: Oct 11, 2024, 5:58 PM EDT

NerdWallet Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for NerdWallet stock have an average target of 17.17, with a low estimate of 15 and a high estimate of 22. The average target predicts an increase of 43.32% from the current stock price of 11.98.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $17.17 $16 $22
Change +25.21% +43.32% +33.56% +83.64%
* Price targets were last updated on Aug 5, 2024.

Analyst Ratings

The average analyst rating for NerdWallet stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 111111
Buy 333333
Hold 222222
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Maintains
$19$16
Strong Buy Maintains $19$16 +33.56% Aug 5, 2024
Barclays
Barclays
Buy
Maintains
$18$16
Buy Maintains $18$16 +33.56% Aug 1, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$20$18
Buy Maintains $20$18 +50.25% Aug 1, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$13$15
Hold Maintains $13$15 +25.21% Mar 11, 2024
Keybanc
Keybanc
Buy
Maintains
$20$22
Buy Maintains $20$22 +83.64% Feb 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
652.40M
from 599.40M
Increased by 8.84%
Revenue Next Year
727.33M
from 652.40M
Increased by 11.49%
EPS This Year
0.01
from -0.15
EPS Next Year
0.32
from 0.01
Increased by 3,073.30%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
228.30M245.30M379.60M538.90M599.40M652.40M727.33M818.96M
Revenue Growth
-7.45%54.75%41.97%11.23%8.84%11.49%12.60%
EPS
0.450.09-0.82-0.14-0.150.010.320.53
EPS Growth
--80.00%----3,073.30%64.50%
Forward PE
-----1,174.5137.0122.50
No. Analysts -----997
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 674.2M 764.9M 899.8M
Avg 652.4M 727.3M 819.0M
Low 623.3M 686.1M 735.7M

Revenue Growth

Revenue Growth 20242025202620272028
High
12.5%
17.2%
23.7%
Avg
8.8%
11.5%
12.6%
Low
4.0%
5.2%
1.1%

EPS Forecast

EPS 202420252026
High 0.03 0.53 1.18
Avg 0.01 0.32 0.53
Low - 0.06 0.08

EPS Growth

EPS Growth 202420252026
High -
5,047.1%
263.3%
Avg -
3,073.3%
64.5%
Low -
476.5%
-75.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.