Q1 Earnings Forecast for NerdWallet Issued By William Blair

NerdWallet, Inc. (NASDAQ:NRDS - Free Report) - William Blair cut their Q1 2025 earnings per share (EPS) estimates for shares of NerdWallet in a report issued on Wednesday, February 19th. William Blair analyst R. Schackart now expects that the company will post earnings of ($0.15) per share for the quarter, down from their previous estimate 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 - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $183.80 million during the quarter, compared to the consensus estimate of $168.33 million. NerdWallet had a negative return on equity of 2.08% and a net margin of 4.42%.

A number of other research analysts have also weighed in on the stock. Morgan Stanley decreased their target price on shares of NerdWallet from $15.00 to $12.00 and set an "equal weight" rating on the stock in a research note on Monday. KeyCorp boosted their price objective on NerdWallet from $18.00 to $20.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 30th. Finally, Barclays lifted their price target on NerdWallet from $17.00 to $19.00 and gave the stock an "overweight" rating in a report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $17.00.

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NerdWallet Stock Performance

Shares of NASDAQ:NRDS traded down $0.22 during midday trading on Monday, hitting $9.98. The company's stock had a trading volume of 827,250 shares, compared to its average volume of 625,632. The company has a market cap of $732.92 million, a P/E ratio of 24.95 and a beta of 1.33. NerdWallet has a 12-month low of $9.88 and a 12-month high of $17.11. The business's 50 day simple moving average is $13.57 and its 200 day simple moving average is $13.21.

Insider Activity at NerdWallet

In other news, CFO Lauren Stclair sold 11,856 shares of NerdWallet stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.04, for a total transaction of $166,458.24. Following the completion of the sale, the chief financial officer now directly owns 313,100 shares of the company's stock, valued at approximately $4,395,924. The trade was a 3.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Samuel Yount sold 440,336 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $13.49, for a total value of $5,940,132.64. Following the completion of the transaction, the insider now directly owns 254,237 shares of the company's stock, valued at $3,429,657.13. This trade represents a 63.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 822,353 shares of company stock worth $11,051,439. Company insiders own 45.93% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Jefferies Financial Group Inc. purchased a new stake in shares of NerdWallet in the fourth quarter valued at approximately $901,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of NerdWallet by 69.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 93,102 shares of the company's stock valued at $1,238,000 after buying an additional 38,070 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of NerdWallet by 3,417.4% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 10,517 shares of the company's stock worth $140,000 after purchasing an additional 10,218 shares during the last quarter. Nuveen Asset Management LLC increased its stake in shares of NerdWallet by 52.8% during the 4th quarter. Nuveen Asset Management LLC now owns 683,546 shares of the company's stock valued at $9,091,000 after acquiring an additional 236,320 shares during the last quarter. Finally, Millennium Management LLC increased its position in NerdWallet by 325.8% during the fourth quarter. Millennium Management LLC now owns 700,129 shares of the company's stock worth $9,312,000 after purchasing an additional 535,701 shares during the last quarter. 38.81% of the stock is currently owned by institutional investors and hedge funds.

About NerdWallet

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.