Nerdy, Inc. (NRDY)
NYSE: NRDY · IEX Real-Time Price · USD
2.550
-0.070 (-2.67%)
Apr 19, 2024, 2:25 PM EDT - Market open
Nerdy Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Nerdy stock have an average target of 4.79, with a low estimate of 3.00 and a high estimate of 6.00. The average target predicts an increase of 87.84% from the current stock price of 2.55.
Analyst Consensus: Buy
* Price targets were last updated on Mar 11, 2024.
Analyst Ratings
The average analyst rating for Nerdy stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Initiates $5 | Buy | Initiates | $5 | +96.08% | Mar 11, 2024 |
| Needham | Needham | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +56.86% | Feb 28, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $5 → $3 | Hold | Maintains | $5 → $3 | +17.65% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | +56.86% | Nov 8, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $8 → $6 | Buy | Maintains | $8 → $6 | +135.29% | Nov 8, 2023 |
Financial Forecast
Revenue This Year
242.57M
from 193.40M
Increased by 25.42%
Revenue Next Year
299.03M
from 242.57M
Increased by 23.28%
EPS This Year
-0.34
from -0.41
EPS Next Year
-0.26
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 251.8M | 326.2M | 363.7M |
| Avg | 242.6M | 299.0M | 352.3M |
| Low | 227.9M | 278.3M | 337.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.2% | 34.5% | 21.6% |
| Avg | 25.4% | 23.3% | 17.8% |
| Low | 17.8% | 14.7% | 12.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.23 | -0.09 | -0.05 |
| Avg | -0.34 | -0.26 | -0.09 |
| Low | -0.39 | -0.33 | -0.13 |
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.