Q1 Earnings Forecast for NerdWallet Issued By William Blair

NerdWallet, Inc. (NASDAQ:NRDS) – Equities research analysts at William Blair reduced their Q1 2025 earnings estimates for shares of NerdWallet in a research report issued on Wednesday, February 19th. William Blair analyst R. Schackart now anticipates that the company will post earnings of ($0.15) per share for the quarter, down from their previous forecast of ($0.03). The consensus estimate for NerdWallet’s current full-year earnings is $0.36 per share. William Blair also issued estimates for NerdWallet’s Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.29 EPS, FY2025 earnings at $0.31 EPS and FY2026 earnings at $0.89 EPS.

NerdWallet (NASDAQ:NRDS) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. NerdWallet had a net margin of 4.42% and a negative return on equity of 2.08%. The business had revenue of $183.80 million during the quarter, compared to analyst estimates of $168.33 million.

Several other equities research analysts have also issued reports on NRDS. Morgan Stanley lifted their price objective on shares of NerdWallet from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. KeyCorp lifted their price objective on shares of NerdWallet from $18.00 to $20.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, Barclays boosted their target price on shares of NerdWallet from $17.00 to $19.00 and gave the stock an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.60.

NerdWallet Trading Down 9.2 %

NRDS stock opened at $10.33 on Monday. NerdWallet has a 1 year low of $10.10 and a 1 year high of $17.30. The company has a fifty day simple moving average of $13.74 and a 200 day simple moving average of $13.25. The firm has a market cap of $758.64 million, a PE ratio of 25.83 and a beta of 1.33.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NRDS. Topline Capital Management LLC acquired a new position in shares of NerdWallet during the fourth quarter valued at about $69,840,000. Quinn Opportunity Partners LLC raised its position in shares of NerdWallet by 3,324.4% during the fourth quarter. Quinn Opportunity Partners LLC now owns 893,781 shares of the company’s stock valued at $11,887,000 after buying an additional 867,681 shares during the last quarter. Alta Fox Capital Management LLC acquired a new position in shares of NerdWallet during the fourth quarter valued at about $10,761,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of NerdWallet by 157.3% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 908,468 shares of the company’s stock valued at $12,083,000 after buying an additional 555,329 shares during the last quarter. Finally, Millennium Management LLC raised its position in shares of NerdWallet by 325.8% during the fourth quarter. Millennium Management LLC now owns 700,129 shares of the company’s stock valued at $9,312,000 after buying an additional 535,701 shares during the last quarter. Institutional investors and hedge funds own 38.81% of the company’s stock.

Insiders Place Their Bets

In other NerdWallet news, insider Samuel Yount sold 76,185 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $13.40, for a total transaction of $1,020,879.00. Following the completion of the transaction, the insider now owns 522,656 shares of the company’s stock, valued at $7,003,590.40. The trade was a 12.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lauren Stclair sold 11,856 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.04, for a total transaction of $166,458.24. Following the transaction, the chief financial officer now directly owns 313,100 shares of the company’s stock, valued at approximately $4,395,924. This represents a 3.65 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 822,353 shares of company stock valued at $11,051,439 in the last quarter. Insiders own 45.93% of the company’s stock.

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.