Nerdy (NRDY) Stock Forecast, Price Target & Predictions
NRDY Stock Forecast
Nerdy stock forecast is as follows: an average price target of $2.50 (represents a 47.93% upside from NRDY’s last price of $1.69) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
NRDY Price Target
The average price target for Nerdy (NRDY) is $2.50 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $2.50 to $2.50. This represents a potential 47.93% upside from NRDY's last price of $1.69.
NRDY Analyst Ratings
According to 7 Wall Street analysts, Nerdy's rating consensus is 'Hold'. The analyst rating breakdown for NRDY stock is 0 'Strong Buy' (0.00%), 2 'Buy' (28.57%), 5 'Hold' (71.43%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Nerdy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Maria Ripps | Canaccord Genuity | $2.50 | $0.91 | 175.60% | 47.93% |
| Aug 09, 2024 | Maria Ripps | Canaccord Genuity | $3.00 | $0.87 | 244.79% | 77.51% |
The latest Nerdy stock forecast, released on Nov 11, 2024 by Maria Ripps from Canaccord Genuity, set a price target of $2.50, which represents a 175.60% increase from the stock price at the time of the forecast ($0.91), and a 47.93% increase from NRDY last price ($1.69).
Nerdy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $2.50 | $2.75 |
| Last Closing Price | $1.69 | $1.69 | $1.69 |
| Upside/Downside | -100.00% | 47.93% | 62.72% |
In the current month, the average price target of Nerdy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nerdy's last price of $1.69. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 11, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Nov 08, 2024 | JMP Securities | Outperform | Perform | Downgrade |
| Aug 09, 2024 | Consumer Edge | Market Perform | Downgrade | |
| Aug 09, 2024 | Consumer Edge Research | Perform | Downgrade | |
| Aug 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 09, 2024 | Canaccord Genuity | Mixed | Downgrade | |
| Aug 09, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Aug 09, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| May 09, 2024 | Needham | Buy | Buy | Hold |
| Nov 08, 2023 | Raymond James | Outperform | Outperform | Hold |
| Nov 08, 2023 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Mar 02, 2023 | Goldman Sachs | Neutral | Neutral | Hold |
| Oct 18, 2021 | Raymond James | Outperform | Initialise |
Nerdy's last stock rating was published by Canaccord Genuity on Nov 11, 2024. The company gave NRDY a "Hold" rating, the same as its previous rate.
Nerdy Financial Forecast
Nerdy Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $55.08M | $40.30M | - | $49.18M | $41.80M | $31.75M | $42.19M | $46.92M | $42.02M | $31.30M | $32.79M | $34.56M |
| Avg Forecast | $52.05M | $43.31M | $48.04M | $47.50M | $44.88M | $36.55M | $51.22M | $52.20M | $54.77M | $39.05M | $45.88M | $46.36M | $40.03M | $31.70M | $38.48M | $46.74M | $41.81M | $35.86M | $28.00M | $34.60M |
| High Forecast | $53.33M | $44.37M | $49.22M | $48.12M | $45.47M | $37.49M | $51.22M | $52.21M | $55.13M | $39.05M | $47.01M | $47.50M | $41.01M | $31.70M | $38.48M | $46.74M | $41.81M | $35.86M | $28.00M | $34.60M |
| Low Forecast | $50.87M | $42.33M | $46.95M | $46.81M | $44.55M | $35.62M | $51.22M | $52.20M | $54.43M | $39.04M | $44.84M | $45.31M | $39.12M | $31.70M | $38.48M | $46.74M | $41.81M | $35.86M | $28.00M | $34.60M |
| # Analysts | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 1.03% | - | 1.06% | 1.04% | 1.00% | 1.10% | 1.00% | 1.00% | 0.87% | 1.17% | 1.00% |
Nerdy's average Quarter revenue forecast for Mar 24 based on 3 analysts is $52.20M, with a low forecast of $52.20M, and a high forecast of $52.21M. NRDY's average Quarter revenue forecast represents a -5.23% decrease compared to the company's last Quarter revenue of $55.08M (Dec 23).
Nerdy EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | $-8.30M | $-25.55M | - | $12.02M | $-23.58M | $-21.51M | $-57.75M | $-8.06M | $19.13M | $-35.84M | $2.50M | $-4.14M |
| Avg Forecast | $-18.75M | $-15.60M | $-17.31M | $-17.11M | $-16.17M | $-13.17M | $-18.45M | $-18.81M | $-19.73M | $-14.07M | $-16.53M | $-16.70M | $-14.42M | $-12.21M | $-14.82M | $-16.63M | $-16.11M | $-58.06M | $-10.79M | $-13.33M |
| High Forecast | $-18.33M | $-15.25M | $-16.92M | $-16.87M | $-16.05M | $-12.83M | $-18.45M | $-18.81M | $-19.61M | $-14.07M | $-16.16M | $-16.32M | $-14.10M | $-12.21M | $-14.82M | $-13.31M | $-16.11M | $-46.45M | $-10.79M | $-13.33M |
| Low Forecast | $-19.21M | $-15.99M | $-17.73M | $-17.34M | $-16.38M | $-13.51M | $-18.45M | $-18.81M | $-19.86M | $-14.07M | $-16.94M | $-17.11M | $-14.78M | $-12.21M | $-14.82M | $-19.96M | $-16.11M | $-69.67M | $-10.79M | $-13.33M |
| Surprise % | - | - | - | - | - | - | - | - | 0.42% | 1.82% | - | -0.72% | 1.64% | 1.76% | 3.90% | 0.48% | -1.19% | 0.62% | -0.23% | 0.31% |
3 analysts predict NRDY's average Quarter EBITDA for Jun 23 to be $-16.53M, with a high of $-16.16M and a low of $-16.94M. This is -237.59% lower than Nerdy's previous annual EBITDA (Mar 23) of $12.02M.
Nerdy Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | $7.67M | $-12.29M | - | $-32.25M | $-15.14M | $-32.30M | $8.70M | $-31.75M | $33.10M | $-38.76M | $-336.00K | $-5.73M |
| Avg Forecast | $-3.97M | $-11.33M | $-6.80M | $-8.09M | $-9.94M | $-17.11M | $-2.96M | $-1.87M | $-1.13M | $-10.05M | $-7.36M | $-8.80M | $-14.87M | $-20.47M | $-18.14M | $-18.38M | $-11.05M | $-62.79M | $111.16M | - |
| High Forecast | $-3.85M | $-10.99M | $-6.60M | $-6.62M | $-7.81M | $-16.61M | $-2.87M | $-1.81M | $-823.90K | $-9.75M | $-7.14M | $-8.55M | $-14.43M | $-20.47M | $-18.14M | $-14.70M | $-11.05M | $-50.23M | $111.16M | - |
| Low Forecast | $-4.09M | $-11.69M | $-7.01M | $-10.30M | $-12.07M | $-17.66M | $-3.05M | $-1.93M | $-1.34M | $-10.37M | $-7.59M | $-9.09M | $-15.34M | $-20.47M | $-18.14M | $-22.05M | $-11.05M | $-75.35M | $111.16M | - |
| Surprise % | - | - | - | - | - | - | - | - | -6.77% | 1.22% | - | 3.66% | 1.02% | 1.58% | -0.48% | 1.73% | -3.00% | 0.62% | -0.00% | - |
Nerdy's average Quarter net income forecast for Mar 24 is $-1.87M, with a range of $-1.93M to $-1.81M. NRDY's average Quarter net income forecast represents a -124.35% decrease compared to the company's last Quarter net income of $7.67M (Dec 23).
Nerdy SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | $49.45M | $54.74M | - | $45.26M | $49.92M | $49.60M | $50.76M | $53.45M | $52.22M | $78.67M | $28.69M | $27.83M |
| Avg Forecast | $55.29M | $46.01M | $51.04M | $50.46M | $47.67M | $38.83M | $54.41M | $55.46M | $58.19M | $41.48M | $48.74M | $49.25M | $42.53M | $33.63M | $40.82M | $49.59M | $44.36M | $38.05M | $29.71M | $36.71M |
| High Forecast | $56.65M | $47.14M | $52.29M | $51.12M | $48.30M | $39.83M | $54.41M | $55.46M | $58.57M | $41.49M | $49.94M | $50.46M | $43.57M | $33.63M | $40.82M | $49.59M | $44.36M | $38.05M | $29.71M | $36.71M |
| Low Forecast | $54.04M | $44.96M | $49.88M | $49.73M | $47.32M | $37.84M | $54.41M | $55.45M | $57.83M | $41.48M | $47.64M | $48.13M | $41.56M | $33.63M | $40.82M | $49.59M | $44.36M | $38.05M | $29.71M | $36.71M |
| Surprise % | - | - | - | - | - | - | - | - | 0.85% | 1.32% | - | 0.92% | 1.17% | 1.47% | 1.24% | 1.08% | 1.18% | 2.07% | 0.97% | 0.76% |
Nerdy's average Quarter SG&A projection for Mar 24 is $55.46M, based on 3 Wall Street analysts, with a range of $55.45M to $55.46M. The forecast indicates a 12.16% rise compared to NRDY last annual SG&A of $49.45M (Dec 23).
Nerdy EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | $0.08 | $-0.13 | - | $-0.35 | $-0.17 | $-0.37 | $0.10 | $-0.40 | $0.42 | $-0.49 | $-0.00 | $-0.07 |
| Avg Forecast | $-0.04 | $-0.10 | $-0.06 | $-0.07 | $-0.09 | $-0.15 | $-0.03 | $-0.02 | $-0.01 | $-0.09 | $-0.06 | $-0.08 | $-0.13 | $-0.19 | $-0.17 | $-0.12 | $-0.10 | $-0.07 | $1.01 | - |
| High Forecast | $-0.03 | $-0.10 | $-0.06 | $-0.06 | $-0.07 | $-0.15 | $-0.03 | $-0.02 | $-0.01 | $-0.09 | $-0.06 | $-0.08 | $-0.13 | $-0.19 | $-0.17 | $-0.12 | $-0.10 | $-0.07 | $1.01 | - |
| Low Forecast | $-0.04 | $-0.10 | $-0.06 | $-0.09 | $-0.11 | $-0.16 | $-0.03 | $-0.02 | $-0.01 | $-0.09 | $-0.07 | $-0.08 | $-0.14 | $-0.19 | $-0.17 | $-0.12 | $-0.10 | $-0.07 | $1.01 | - |
| Surprise % | - | - | - | - | - | - | - | - | -7.89% | 1.47% | - | 4.50% | 1.30% | 1.99% | -0.61% | 3.48% | -4.18% | 6.73% | -0.00% | - |
According to 3 Wall Street analysts, Nerdy's projected average Quarter EPS for Mar 24 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.02. This represents a -120.88% decrease compared to NRDY previous annual EPS of $0.08 (Dec 23).
Nerdy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ONTF | ON24 | $6.69 | $18.00 | 169.06% | |
| PET | Wag! Group | $0.22 | $0.50 | 127.27% | Buy |
| WALD | Waldencast | $3.97 | $7.50 | 88.92% | Buy |
| PDFS | PDF Solutions | $28.61 | $43.50 | 52.04% | |
| NRDY | Nerdy | $1.69 | $2.50 | 47.93% | Hold |
| PRO | PROS | $22.55 | $32.00 | 41.91% | Buy |
| DCBO | Docebo | $46.43 | $51.75 | 11.46% | Buy |
| MLNK | MeridianLink | $21.36 | $22.75 | 6.51% | Buy |
| GWRE | Guidewire Software | $174.62 | $180.57 | 3.41% | Buy |
| PYCR | Paycor HCM | $19.18 | $18.25 | -4.85% | Hold |
| ML | MoneyLion | $86.64 | $74.00 | -14.59% | Hold |
| PRCH | Porch Group | $5.66 | $4.00 | -29.33% | Buy |