NerdWallet (NRDS) to Release Quarterly Earnings on Thursday

NerdWallet (NASDAQ:NRDSGet Free Report) is anticipated to issue its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect NerdWallet to post earnings of $0.08 per share and revenue of $195.3020 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

NerdWallet (NASDAQ:NRDSGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. NerdWallet had a net margin of 8.11% and a return on equity of 18.33%. The company had revenue of $222.20 million for the quarter, compared to analyst estimates of $227.63 million. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, analysts expect NerdWallet to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NerdWallet Price Performance

Shares of NASDAQ:NRDS opened at $9.61 on Thursday. NerdWallet has a one year low of $7.33 and a one year high of $16.24. The company has a 50 day moving average of $8.83 and a 200-day moving average of $10.02. The stock has a market cap of $632.34 million, a price-to-earnings ratio of 10.33 and a beta of 1.23.

Analyst Ratings Changes

A number of analysts have commented on NRDS shares. Citigroup lowered their target price on shares of NerdWallet from $13.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Oppenheimer cut their price target on shares of NerdWallet from $15.00 to $12.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. Zacks Research raised NerdWallet from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings cut shares of NerdWallet from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Finally, Wall Street Zen cut shares of NerdWallet from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $12.83.

Get Our Latest Analysis on NerdWallet

Insiders Place Their Bets

In other NerdWallet news, major shareholder Topline Capital Partners, Lp sold 919,153 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $8.95, for a total value of $8,226,419.35. Following the completion of the transaction, the insider directly owned 4,331,992 shares in the company, valued at $38,771,328.40. This trade represents a 17.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 1,961,860 shares of company stock valued at $17,862,921 in the last ninety days. 52.75% of the stock is owned by company insiders.

Institutional Investors Weigh In On NerdWallet

Several large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its stake in shares of NerdWallet by 37.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,893 shares of the company’s stock valued at $43,000 after buying an additional 1,054 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in NerdWallet by 9.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,659 shares of the company’s stock worth $249,000 after acquiring an additional 1,934 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in NerdWallet by 12.4% in the second quarter. JPMorgan Chase & Co. now owns 19,576 shares of the company’s stock valued at $215,000 after acquiring an additional 2,161 shares during the last quarter. AQR Capital Management LLC lifted its stake in NerdWallet by 1.3% in the fourth quarter. AQR Capital Management LLC now owns 184,082 shares of the company’s stock valued at $2,494,000 after acquiring an additional 2,316 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in NerdWallet by 7.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 35,545 shares of the company’s stock valued at $482,000 after acquiring an additional 2,447 shares during the last quarter. Institutional investors and hedge funds own 38.81% of the company’s stock.

About NerdWallet

(Get Free Report)

NerdWallet (NASDAQ: NRDS) is a personal finance company that offers independent guidance and comparison tools to help consumers make informed financial decisions. Through its website and mobile application, NerdWallet provides a wide range of content, including articles, calculators and reviews covering credit cards, mortgages, personal loans, banking products, investing, insurance and taxes. The platform aggregates partner offers to enable side-by-side comparisons, while editorially maintaining objectivity to support users in identifying the products that best suit their individual needs.

Founded in 2009 by Tim Chen and Jacob Gibson, NerdWallet is headquartered in San Francisco and serves consumers primarily in the United States, with additional localized offerings in Canada and the United Kingdom.

See Also

Earnings History for NerdWallet (NASDAQ:NRDS)

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