Nerdy, Inc. (NRDY)
NYSE: NRDY · Real-Time Price · USD
1.325
+0.075 (6.00%)
Nov 21, 2024, 12:39 PM EST - Market open
Nerdy Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Nerdy stock have an average target of 2.35, with a low estimate of 1.00 and a high estimate of 3.75. The average target predicts an increase of 77.36% from the current stock price of 1.33.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Nerdy stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 5 | 5 | 3 | 3 | 3 | 0 |
| Hold | 1 | 1 | 5 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Nov 11, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | +50.94% | Nov 8, 2024 |
| JMP Securities | JMP Securities | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 8, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy → Hold Downgrades $6 → $1 | Buy → Hold | Downgrades | $6 → $1 | -24.53% | Nov 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $2 | Strong Buy | Reiterates | $2 | +50.94% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
202.22M
from 193.40M
Increased by 4.56%
Revenue Next Year
232.30M
from 202.22M
Increased by 14.87%
EPS This Year
-0.49
from -0.41
EPS Next Year
-0.38
from -0.49
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 210.1M | 241.9M | 283.4M | |
| Avg | 202.2M | 232.3M | 268.5M | |
| Low | 191.8M | 217.7M | 248.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.6% | 19.6% | 22.0% | |
| Avg | 4.6% | 14.9% | 15.6% | |
| Low | -0.9% | 7.6% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.41 | -0.30 | -0.24 |
| Avg | -0.49 | -0.38 | -0.32 |
| Low | -0.54 | -0.46 | -0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.