NerdWallet, Inc. (NASDAQ:NRDS) Forecasted to Post Q1 2025 Earnings of $0.07 Per Share

NerdWallet, Inc. (NASDAQ:NRDS) – Equities researchers at William Blair issued their Q1 2025 EPS estimates for shares of NerdWallet in a note issued to investors on Friday, April 26th. William Blair analyst R. Schackart expects that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for NerdWallet’s current full-year earnings is $0.22 per share. William Blair also issued estimates for NerdWallet’s Q3 2025 earnings at $0.13 EPS and Q4 2025 earnings at $0.21 EPS.

NerdWallet (NASDAQ:NRDS) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.01 earnings per share for the quarter. NerdWallet had a negative net margin of 2.10% and a negative return on equity of 3.36%. The business had revenue of $161.90 million during the quarter, compared to the consensus estimate of $156.95 million. During the same quarter last year, the company earned $0.02 earnings per share. The business’s quarterly revenue was down 4.5% compared to the same quarter last year.

Several other equities analysts have also recently commented on the stock. Barclays raised their target price on shares of NerdWallet from $16.00 to $18.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. KeyCorp lifted their price target on NerdWallet from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Monday, February 12th. Citigroup raised their target price on NerdWallet from $11.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Finally, Truist Financial cut their price target on shares of NerdWallet from $20.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, February 15th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.50.

NerdWallet Stock Down 1.9 %

Shares of NASDAQ:NRDS opened at $12.65 on Monday. The company’s 50-day moving average price is $14.93 and its 200 day moving average price is $13.61. The company has a market cap of $974.18 million, a PE ratio of -74.41 and a beta of 1.39. NerdWallet has a fifty-two week low of $6.38 and a fifty-two week high of $17.30.

Institutional Investors Weigh In On NerdWallet

Several hedge funds and other institutional investors have recently made changes to their positions in NRDS. Zurcher Kantonalbank Zurich Cantonalbank increased its position in NerdWallet by 112.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,643 shares of the company’s stock worth $68,000 after buying an additional 4,053 shares during the period. Prudent Man Advisors LLC bought a new stake in shares of NerdWallet in the third quarter valued at approximately $111,000. FMR LLC grew its stake in shares of NerdWallet by 88.7% in the third quarter. FMR LLC now owns 3,486,387 shares of the company’s stock worth $30,994,000 after acquiring an additional 1,638,515 shares during the last quarter. Brandywine Global Investment Management LLC increased its position in NerdWallet by 23.5% during the third quarter. Brandywine Global Investment Management LLC now owns 1,228,046 shares of the company’s stock worth $10,917,000 after acquiring an additional 233,975 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in NerdWallet by 70.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 159,159 shares of the company’s stock valued at $1,415,000 after purchasing an additional 65,931 shares during the last quarter. 38.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other NerdWallet news, VP Samuel Yount sold 6,309 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $16.16, for a total transaction of $101,953.44. Following the transaction, the vice president now directly owns 2,350,242 shares of the company’s stock, valued at $37,979,910.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 45.93% of the stock is owned by corporate insiders.

NerdWallet Company Profile

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.