Nerdy (NRDY) Stock Forecast, Price Target & Predictions

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NRDY Stock Forecast

Nerdy stock forecast is as follows: an average price target of $2.50 (represents a 78.57% upside from NRDY’s last price of $1.40) 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 78.57% upside from NRDY's last price of $1.40.

NRDY Analyst Ratings

Hold

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	-	-	175.60%	78.57%
Aug 09, 2024	Maria Ripps	Canaccord Genuity	-	-	244.79%	114.29%

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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 78.57% increase from NRDY last price ($1.40).

Nerdy Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	2
Avg Price Target	$2.50	$2.50	$2.75
Last Closing Price	$1.40	$1.40	$1.40
Upside/Downside	78.57%	78.57%	96.43%

In the current month, the average price target of Nerdy stock is $2.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 78.57% increase as opposed to Nerdy's last price of $1.40. This month's average price target is down 0.00% compared to last quarter, and down -9.09% 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

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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	$44.94M	$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	$53.18M	$44.25M	$49.09M	$48.12M	$45.53M	$37.49M	$51.22M	$52.21M	$55.13M	$39.05M	$46.88M	$47.37M	$40.90M	$31.70M	$38.48M	$46.74M	$41.81M	$35.86M	$28.00M	$34.60M
Low Forecast	$51.06M	$42.49M	$47.13M	$46.81M	$44.61M	$35.62M	$51.22M	$52.20M	$54.43M	$39.04M	$45.01M	$45.48M	$39.27M	$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	$-16.19M	$-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	$-18.40M	$-15.31M	$-16.98M	$-16.87M	$-16.07M	$-12.83M	$-18.45M	$-18.81M	$-19.61M	$-14.07M	$-16.22M	$-16.39M	$-14.15M	$-12.21M	$-14.82M	$-13.31M	$-16.11M	$-46.45M	$-10.79M	$-13.33M
Low Forecast	$-19.16M	$-15.94M	$-17.69M	$-17.34M	$-16.40M	$-13.51M	$-18.45M	$-18.81M	$-19.86M	$-14.07M	$-16.89M	$-17.07M	$-14.74M	$-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 $-16.22M and a low of $-16.89M. 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	$-3.87M	$-11.05M	$-6.63M	$-7.89M	$-9.11M	$-16.69M	$-2.88M	$-1.82M	$-823.90K	$-9.80M	$-7.18M	$-8.59M	$-14.50M	$-20.47M	$-18.14M	$-14.70M	$-11.05M	$-50.23M	$111.16M	-
Low Forecast	$-4.08M	$-11.65M	$-6.99M	$-8.32M	$-10.77M	$-17.60M	$-3.04M	$-1.92M	$-1.34M	$-10.33M	$-7.57M	$-9.05M	$-15.29M	$-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 $-1.92M to $-1.82M. 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	$47.74M	$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	$56.50M	$47.01M	$52.15M	$51.12M	$48.37M	$39.83M	$54.41M	$55.46M	$58.57M	$41.49M	$49.81M	$50.33M	$43.45M	$33.63M	$40.82M	$49.59M	$44.36M	$38.05M	$29.71M	$36.71M
Low Forecast	$54.24M	$45.14M	$50.07M	$49.73M	$47.39M	$37.84M	$54.41M	$55.45M	$57.83M	$41.48M	$47.82M	$48.32M	$41.72M	$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	$-0.07	$-0.08	$-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	$-0.07	$-0.10	$-0.16	$-0.03	$-0.02	$-0.01	$-0.09	$-0.07	$-0.08	$-0.13	$-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
PET	Wag! Group	-	-	1171.43%	Buy
ONTF	ON24	-	-	179.94%
WALD	Waldencast	-	-	95.78%	Buy
NRDY	Nerdy	-	-	78.57%	Hold
PDFS	PDF Solutions	-	-	39.83%
PRO	PROS	-	-	36.58%	Buy
PYCR	Paycor HCM	-	-	25.86%	Hold
PRCH	Porch Group	-	-	15.94%	Buy
DCBO	Docebo	-	-	15.38%	Buy
ML	MoneyLion	-	-	2.78%	Buy
MLNK	MeridianLink	-	-	-0.66%	Buy
GWRE	Guidewire Software	-	-	-18.79%	Buy

NRDY Forecast FAQ

Is Nerdy a good buy?

No, according to 7 Wall Street analysts, Nerdy (NRDY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 28.57% of NRDY's total ratings.

What is NRDY's price target?

Nerdy (NRDY) average price target is $2.5 with a range of $2.5 to $2.5, implying a 78.57% from its last price of $1.4. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Nerdy stock go up soon?

According to Wall Street analysts' prediction for NRDY stock, the company can go up by 78.57% (from the last price of $1.4 to the average price target of $2.5), up by 78.57% based on the highest stock price target, and up by 78.57% based on the lowest stock price target.

Can Nerdy stock reach $2?

NRDY's average twelve months analyst stock price target of $2.5 supports the claim that Nerdy can reach $2 in the near future.

What is Nerdy's current price target trend?

1 Wall Street analyst forecast a $2.5 price target for Nerdy (NRDY) this month, up 78.57% from its last price of $1.4. Compared to the last 3 and 12 months, the average price target increased by 78.57% and increased by 96.43%, respectively.

What are Nerdy's analysts' financial forecasts?

Nerdy's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $184.91M (high $186.44M, low $183.64M), average EBITDA is $-66.622M (high $-66.163M, low $-67.174M), average net income is $-31.877M (high $-30.509M, low $-33.327M), average SG&A $196.44M (high $198.07M, low $195.09M), and average EPS is $-0.281 (high $-0.269, low $-0.294). NRDY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $190.89M (high $194.64M, low $187.49M), average EBITDA is $-68.777M (high $-67.552M, low $-70.128M), average net income is $-30.183M (high $-29.439M, low $-31.038M), average SG&A $202.79M (high $206.78M, low $199.18M), and average EPS is $-0.266 (high $-0.26, low $-0.274).

Did the NRDY's actual financial results beat the analysts' financial forecasts?

Based on Nerdy's last annual report (Dec 2023), the company's revenue was $193.4M, beating the average analysts forecast of $186.06M by 3.94%. Apple's EBITDA was $-57.571M, missing the average prediction of $-67.037M by -14.12%. The company's net income was $-40.174M, beating the average estimation of $-27.344M by 46.92%. Apple's SG&A was $194.02M, missing the average forecast of $197.66M by -1.84%. Lastly, the company's EPS was $-0.41, beating the average prediction of $-0.241 by 69.86%. In terms of the last quarterly report (Dec 2023), Nerdy's revenue was $55.08M, beating the average analysts' forecast of $54.77M by 0.57%. The company's EBITDA was $-8.299M, missing the average prediction of $-19.734M by -57.95%. Nerdy's net income was $7.67M, missing the average estimation of $-1.133M by -776.78%. The company's SG&A was $49.44M, missing the average forecast of $58.19M by -15.02%. Lastly, the company's EPS was $0.0789, missing the average prediction of $-0.01 by -889.00%