NerdWallet (NRDS) to Release Earnings on Thursday

NerdWallet (NASDAQ:NRDS) is anticipated to issue 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. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

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

NerdWallet Stock Up 1.8%

Shares of NRDS opened at $9.26 on Wednesday. NerdWallet has a 12-month low of $7.33 and a 12-month high of $16.24. The business has a 50-day simple moving average of $8.89 and a two-hundred day simple moving average of $9.91. The stock has a market cap of $609.31 million, a PE ratio of 9.96 and a beta of 1.23.

Analyst Ratings Changes

A number of research analysts recently issued reports on NRDS shares. Zacks Research upgraded shares of NerdWallet from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Weiss Ratings lowered shares of NerdWallet from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Wall Street Zen cut shares of NerdWallet from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Truist Financial dropped their price target on shares of NerdWallet from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, KeyCorp cut their price target on shares of NerdWallet from $15.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.83.

Insider Activity at NerdWallet

In related news, major shareholder Topline Capital Partners, Lp sold 454,872 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $9.27, for a total transaction of $4,216,663.44. Following the completion of the sale, the insider owned 3,289,285 shares of the company’s stock, valued at $30,491,671.95. This trade represents a 12.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 1,961,860 shares of company stock worth $17,862,921. 52.75% of the stock is owned by corporate insiders.

Institutional Trading of NerdWallet

Large investors have recently modified their holdings of the stock. Millennium Management LLC lifted its position in shares of NerdWallet by 1,231.3% during the 4th quarter. Millennium Management LLC now owns 538,421 shares of the company’s stock valued at $7,296,000 after acquiring an additional 497,978 shares during the period. Nuveen LLC raised its holdings in shares of NerdWallet by 296.1% during the fourth quarter. Nuveen LLC now owns 330,631 shares of the company’s stock valued at $4,480,000 after purchasing an additional 247,157 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of NerdWallet by 26.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,133,790 shares of the company’s stock valued at $12,200,000 after purchasing an additional 234,691 shares during the period. UBS Group AG boosted its position in shares of NerdWallet by 91.9% during the 3rd quarter. UBS Group AG now owns 321,637 shares of the company’s stock worth $3,461,000 after purchasing an additional 154,055 shares in the last quarter. Finally, Kent Lake PR LLC grew its stake in shares of NerdWallet by 115.6% in the 2nd quarter. Kent Lake PR LLC now owns 275,000 shares of the company’s stock valued at $3,017,000 after buying an additional 147,466 shares during the period. Institutional investors and hedge funds own 38.81% of the company’s stock.

About NerdWallet

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.