Nerdwallet Inc has a consensus price target of $20.43 based on the ratings of 8 analysts. The high is $40 issued by B of A Securities on November 29, 2021. The low is $15 issued by Morgan Stanley on March 11, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Barclays, and Oppenheimer on August 5, 2024, August 1, 2024, and August 1, 2024, respectively. With an average price target of $16.67 between Truist Securities, Barclays, and Oppenheimer, there's an implied 29.50% upside for Nerdwallet Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nerdwallet (NASDAQ:NRDS) was reported by Truist Securities on August 5, 2024. The analyst firm set a price target for $16.00 expecting NRDS to rise to within 12 months (a possible 24.32% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Nerdwallet (NASDAQ:NRDS) was provided by Truist Securities, and Nerdwallet maintained their buy rating.
There is no last upgrade for Nerdwallet
The last downgrade for Nerdwallet Inc happened on May 3, 2023 when Citigroup changed their price target from $15 to $14 for Nerdwallet Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nerdwallet, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nerdwallet was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest Nerdwallet (NRDS) rating was a maintained with a price target of $19.00 to $16.00. The current price Nerdwallet (NRDS) is trading at is $12.87, which is out of the analyst’s predicted range.
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