Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
04 November 2021Website:
http://www.nerdwallet.comNext earnings report:
02 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 27 Jun 2024 21:58:02 GMTDividend
Analysts recommendations
Institutional Ownership
NRDS Latest News
NerdWallet Inc.'s stock has surged by over 40% year-over-year but remains below its IPO price. The company's vertically integrated model will likely sustain its secular growth trajectory. Strong support from NerdWallet's Fundera and Barrelhead acquisitions has bolstered the firm's growth multiplier.
NerdWallet stock has fallen in recent months as revenue declined 5% in the current quarter amongst a difficult macroeconomic environment. Despite this decline, the company did well managing marketing spend as operating income was higher compared to Q1 2023. NerdWallet's monthly unique users hit a record of 29 million, which is a 25% increase year-over-year.
NerdWallet (NRDS) had a mixed first quarter in terms of earnings, surpassing expectations overall but missing estimates for credit card revenue. CEO Tim Chen has joined Wealth!
Tim Chen, CEO of NerdWallet, appears on 'Closing Bell Overtime' to discuss quarterly performance, the current lending climate, and other topics.
NerdWallet Inc. (NASDAQ: NRDS) Q1 2024 Earnings Conference Call on April 25, 2024 at 4:30 PM ET with company representatives including Caitlin MacNamee, Tim Chen, and Lauren StClair, along with analysts Justin Patterson, Ralph Schackart, James Faucette, Jed Kelly, and Peter Christiansen. Thank you for joining the NerdWallet Inc. Q1 2024 Earnings Conference Call.
NerdWallet's goal is to register a 15% operating profit margin by 2026 and a yearly +15-20% top-line expansion for the long term. NRDS' current mid-teens P/E multiple is attractive, as I expect the company to achieve a long-term bottom line growth rate that exceeds a mid-teens percentage. The company's recently released long term financial targets aren't fully reflected in the stock's valuations, which translates into a Buy rating for NerdWallet.
NerdWallet was supposed to report a profit in Q4. It reported a loss instead.
NerdWallet, Inc. (NRDS) Q4 2023 Earnings Call Transcript
You can learn a lot by following the behavior of company insiders when it comes to how they handle positions in their own company.
NerdWallet is a stock with significant upside, according to Wall Street analysts. The stock was down for October until it reported financial results, which sent shares soaring.
- 1(current)
What type of business is 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. The company's platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans. It serves customers in the United States, the United Kingdom, and Canada. The company was founded in 2009 and is based in San Francisco, California.
What sector is NerdWallet in?
NerdWallet is in the Communication Services sector
What industry is NerdWallet in?
NerdWallet is in the Internet Content & Information industry
What country is NerdWallet from?
NerdWallet is headquartered in United States
When did NerdWallet go public?
NerdWallet initial public offering (IPO) was on 04 November 2021
What is NerdWallet website?
https://www.nerdwallet.com
Is NerdWallet in the S&P 500?
No, NerdWallet is not included in the S&P 500 index
Is NerdWallet in the NASDAQ 100?
No, NerdWallet is not included in the NASDAQ 100 index
Is NerdWallet in the Dow Jones?
No, NerdWallet is not included in the Dow Jones index
When does NerdWallet report earnings?
The next expected earnings date for NerdWallet is 02 August 2024