What is William Blair’s Forecast for NerdWallet Q1 Earnings?

NerdWallet, Inc. (NASDAQ:NRDS) – Investment analysts at William Blair reduced their Q1 2025 earnings per share (EPS) estimates for shares of NerdWallet in a report released on Wednesday, February 19th. William Blair analyst R. Schackart now forecasts that the company will earn ($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.

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

NerdWallet Stock Performance

Shares of NASDAQ:NRDS opened at $10.33 on Monday. The business’s fifty day moving average price is $13.74 and its two-hundred day moving average price is $13.25. The stock has a market cap of $758.64 million, a PE ratio of 25.83 and a beta of 1.33. NerdWallet has a one year low of $10.10 and a one year high of $17.30.

NerdWallet (NASDAQ:NRDS) last issued its earnings results on Wednesday, February 19th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The business 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%.

Hedge Funds Weigh In On NerdWallet

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS purchased a new position in NerdWallet during the 4th quarter worth approximately $80,000. US Bancorp DE purchased a new position in NerdWallet during the 3rd quarter worth approximately $86,000. Intech Investment Management LLC purchased a new position in NerdWallet during the 3rd quarter worth approximately $135,000. AXQ Capital LP purchased a new position in NerdWallet during the 4th quarter worth approximately $138,000. Finally, Point72 Asia Singapore Pte. Ltd. grew its position in NerdWallet by 3,417.4% during the 4th 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 in the last quarter. 38.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NerdWallet

In other news, insider Samuel Yount sold 154,465 shares of NerdWallet stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $13.14, for a total transaction of $2,029,670.10. Following the sale, the insider now owns 409,147 shares of the company’s stock, valued at approximately $5,376,191.58. The trade was a 27.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Lauren Stclair sold 11,856 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.04, for a total value of $166,458.24. Following the completion of the transaction, the chief financial officer now directly owns 313,100 shares in the company, valued at $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 worth $11,051,439 over the last ninety days. Company 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.