William Blair Has Negative Outlook of NerdWallet Q1 Earnings

NerdWallet, Inc. (NASDAQ:NRDS) – Equities research analysts at William Blair reduced their Q1 2025 earnings estimates for NerdWallet in a research note issued on Wednesday, February 19th. William Blair analyst R. Schackart now expects that the company will earn ($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) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. NerdWallet had a net margin of 4.42% and a negative return on equity of 2.08%. The firm had revenue of $183.80 million during the quarter, compared to analyst estimates of $168.33 million.

Several other equities analysts have also commented on the stock. Morgan Stanley dropped their price target on shares of NerdWallet from $15.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday. Barclays upped their price target on shares of NerdWallet from $17.00 to $19.00 and gave the stock an “overweight” rating in a research report on Thursday, February 20th. Finally, KeyCorp increased their price objective on shares of NerdWallet from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, NerdWallet currently has an average rating of “Moderate Buy” and an average target price of $17.00.

NerdWallet Stock Performance

Shares of NRDS stock opened at $10.43 on Monday. NerdWallet has a one year low of $9.99 and a one year high of $17.30. The company has a 50 day moving average price of $13.68 and a 200 day moving average price of $13.24. The firm has a market capitalization of $765.98 million, a price-to-earnings ratio of 26.08 and a beta of 1.33.

Insider Transactions at NerdWallet

In related news, insider Samuel Yount sold 440,336 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $13.49, for a total transaction of $5,940,132.64. Following the completion of the sale, the insider now directly owns 254,237 shares of the company’s stock, valued at approximately $3,429,657.13. This trade represents a 63.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Lauren Stclair sold 11,856 shares of the firm’s 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 822,353 shares of company stock valued at $11,051,439 over the last 90 days. Corporate insiders own 45.93% of the company’s stock.

Institutional Investors Weigh In On NerdWallet

A number of large investors have recently added to or reduced their stakes in NRDS. TNF LLC acquired a new stake in NerdWallet during the 3rd quarter valued at $178,000. US Bancorp DE acquired a new stake in NerdWallet during the 3rd quarter valued at $86,000. Olympiad Research LP grew its holdings in NerdWallet by 42.3% during the 3rd quarter. Olympiad Research LP now owns 16,711 shares of the company’s stock valued at $212,000 after purchasing an additional 4,967 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in NerdWallet by 5.8% during the 3rd quarter. Los Angeles Capital Management LLC now owns 21,785 shares of the company’s stock valued at $277,000 after purchasing an additional 1,190 shares in the last quarter. Finally, GSA Capital Partners LLP grew its holdings in NerdWallet by 138.4% during the 3rd quarter. GSA Capital Partners LLP now owns 49,347 shares of the company’s stock valued at $627,000 after purchasing an additional 28,644 shares in the last quarter. 38.81% of the stock is 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.