On May 5, 2025, Keybanc analyst Justin Patterson maintained an "Overweight" rating for Nerdwallet (NRDS, Financial) but lowered the price target to $14.00 USD from the previous target of $18.00 USD. This represents a decrease of 22.22% in the price target.
Nerdwallet (NRDS, Financial) continues to hold the "Overweight" rating, indicating that the analyst still believes the stock will perform well compared to other stocks in the market, despite the lowered price target.
Investors in Nerdwallet (NRDS, Financial) should note the adjusted price target and consider its implications for their investment strategies moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Nerdwallet Inc (NRDS, Financial) is $15.33 with a high estimate of $19.00 and a low estimate of $11.00. The average target implies an upside of 76.04% from the current price of $8.71. More detailed estimate data can be found on the Nerdwallet Inc (NRDS) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Nerdwallet Inc's (NRDS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nerdwallet Inc (NRDS, Financial) in one year is $15.64, suggesting a upside of 79.56% from the current price of $8.71. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nerdwallet Inc (NRDS) Summary page.
