Wealthfront (NASDAQ:WLTH) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Wealthfront (NASDAQ:WLTH) to a hold rating in a report published on Thursday,Zacks.com reports.

A number of other analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Wealthfront from a “hold” rating to a “sell” rating in a research note on Thursday. Wells Fargo & Company cut their price target on Wealthfront from $16.50 to $15.50 and set an “overweight” rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Wealthfront currently has a consensus rating of “Moderate Buy” and an average target price of $15.50.

Wealthfront Stock Performance

NASDAQ WLTH opened at $9.50 on Thursday. Wealthfront has a 52 week low of $9.45 and a 52 week high of $14.88.

Wealthfront (NASDAQ:WLTH) last released its earnings results on Monday, January 12th. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $93.22 million during the quarter.

Wealthfront News Roundup

Here are the key news stories impacting Wealthfront this week:

• Positive Sentiment: Wells Fargo kept an “overweight” rating and a $15.50 price target (down from $16.50), implying sizable upside vs. the current market price. That continuing analyst endorsement could support demand once coverage resumes. Wells Fargo Price Target Note
• Neutral Sentiment: Wealthfront reported quarterly results showing $0.21 EPS and $93.22M revenue; investors will watch guidance and asset‑growth metrics for signs of scaling and profitability. Quarterly Results / MarketBeat
• Neutral Sentiment: The IPO quiet period expires Jan. 21, after which the underwriting brokerages are likely to initiate research coverage — a potential catalyst for renewed interest but uncertain in direction. The company issued ~34.6M shares in the Dec. 12 offering. Quiet Period Expiry
• Negative Sentiment: Robbins Geller announced an investigation into whether Wealthfront and certain executives made materially false or misleading statements — increased legal and disclosure risk that can pressure the share price and increase volatility. Robbins Geller Investigation
• Negative Sentiment: Faruqi & Faruqi also launched an investigation tied to the post‑IPO stock decline, signaling mounting class‑action scrutiny that may weigh on sentiment and increase legal costs or distraction for management. Faruqi & Faruqi Investigation

About Wealthfront

Wealthfront (NASDAQ:WLTH) is a technology-driven wealth management firm that provides automated investment services to individual investors. Operating as a robo-advisor, the company uses algorithms and software to construct and manage diversified portfolios largely composed of low-cost exchange-traded funds (ETFs). Its platform is geared toward long-term, goal-based investing with an emphasis on passive strategies, automated rebalancing and straightforward user experience delivered through web and mobile applications.

The company’s product suite includes automated portfolio management, tax-loss harvesting and goal-planning tools that help clients set and track financial objectives.