NerdWallet (NRDS) Expected to Release Quarterly Earnings on Thursday

NerdWallet (NASDAQ:NRDSGet Free Report) is expected to release its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $195.3020 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

NerdWallet (NASDAQ:NRDSGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.04. The firm had revenue of $222.20 million for the quarter, compared to analysts’ expectations of $227.63 million. NerdWallet had a return on equity of 18.33% and a net margin of 8.11%.NerdWallet’s revenue 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 traded up $0.17 during mid-day trading on Tuesday, hitting $9.27. The company had a trading volume of 69,036 shares, compared to its average volume of 873,545. The firm has a fifty day moving average price of $8.87 and a 200 day moving average price of $9.93. The company has a market capitalization of $609.64 million, a PE ratio of 9.96 and a beta of 1.23. NerdWallet has a one year low of $7.33 and a one year high of $16.24.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NRDS. Citigroup decreased their price target on shares of NerdWallet from $13.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. KeyCorp reduced their target price on NerdWallet from $15.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Zacks Research raised NerdWallet from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Truist Financial dropped their price target on NerdWallet from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Finally, Oppenheimer cut their price target on NerdWallet from $15.00 to $12.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Four investment 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. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $12.83.

View Our Latest Report on NRDS

Insiders Place Their Bets

In other NerdWallet news, major shareholder Topline Capital Partners, Lp sold 919,153 shares of NerdWallet stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $8.95, for a total transaction of $8,226,419.35. Following the completion of the transaction, the insider owned 4,331,992 shares in the company, valued at approximately $38,771,328.40. The trade was a 17.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 1,961,860 shares of company stock valued at $17,862,921. 52.75% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Graham Capital Management L.P. bought a new stake in NerdWallet during the fourth quarter worth $197,000. Entropy Technologies LP bought a new position in NerdWallet during the 4th quarter valued at $182,000. Qube Research & Technologies Ltd bought a new position in NerdWallet during the 3rd quarter valued at $136,000. Bayesian Capital Management LP purchased a new position in NerdWallet during the 2nd quarter worth $200,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in NerdWallet by 22.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,489 shares of the company’s stock worth $170,000 after acquiring an additional 2,877 shares during the last quarter. Institutional investors 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.

Featured Stories

Earnings History for NerdWallet (NASDAQ:NRDS)

Receive News & Ratings for NerdWallet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NerdWallet and related companies with MarketBeat.com's FREE daily email newsletter.