Nerdy (NRDY) Stock Forecast, Price Target & Predictions
NRDY Stock Forecast
Nerdy stock forecast is as follows: an average price target of $3.00 (represents a 234.67% upside from NRDY’s last price of $0.90) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
NRDY Price Target
NRDY Analyst Ratings
Nerdy Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 09, 2024 | Maria Ripps | Canaccord Genuity | $3.00 | $0.87 | 244.79% | 234.67% |
Nerdy Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 1 |
Avg Price Target | - | $3.00 | $3.00 |
Last Closing Price | $0.90 | $0.90 | $0.90 |
Upside/Downside | -100.00% | 234.67% | 234.67% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 09, 2024 | Consumer Edge | - | Market Perform | Downgrade |
Aug 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Aug 09, 2024 | Consumer Edge Research | - | Perform | Downgrade |
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 | Cantor Fitzgerald | Overweight | Overweight | Hold |
Nov 08, 2023 | Raymond James | Outperform | Outperform | Hold |
Mar 02, 2023 | Goldman Sachs | Neutral | Neutral | Hold |
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 | $63.82M | $46.50M | $57.64M | $58.28M | $56.95M | $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 | $63.82M | $46.50M | $57.64M | $58.28M | $56.95M | $37.57M | $51.22M | $52.21M | $55.13M | $39.05M | $45.88M | $46.36M | $40.03M | $31.70M | $38.48M | $46.74M | $41.81M | $35.86M | $28.00M | $34.60M |
Low Forecast | $63.82M | $46.50M | $57.64M | $58.28M | $56.95M | $35.66M | $51.22M | $52.20M | $54.43M | $39.04M | $45.88M | $46.36M | $40.03M | $31.70M | $38.48M | $46.74M | $41.81M | $35.86M | $28.00M | $34.60M |
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $-24.59M | $-17.92M | $-22.21M | $-22.45M | $-21.94M | $-14.08M | $-19.73M | $-20.11M | $-21.10M | $-15.05M | $-17.68M | $-17.86M | $-15.42M | $-12.21M | $-14.82M | $-16.63M | $-16.11M | $-58.06M | $-10.79M | $-13.33M |
High Forecast | $-24.59M | $-17.92M | $-22.21M | $-22.45M | $-21.94M | $-13.74M | $-19.73M | $-20.11M | $-20.97M | $-15.04M | $-17.68M | $-17.86M | $-15.42M | $-12.21M | $-14.82M | $-13.31M | $-16.11M | $-46.45M | $-10.79M | $-13.33M |
Low Forecast | $-24.59M | $-17.92M | $-22.21M | $-22.45M | $-21.94M | $-14.48M | $-19.73M | $-20.12M | $-21.24M | $-15.05M | $-17.68M | $-17.86M | $-15.42M | $-12.21M | $-14.82M | $-19.96M | $-16.11M | $-69.67M | $-10.79M | $-13.33M |
Surprise % | - | - | - | - | - | - | - | - | 0.39% | 1.70% | - | -0.67% | 1.53% | 1.76% | 3.90% | 0.48% | -1.19% | 0.62% | -0.23% | 0.31% |
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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $549.62K | $-9.89M | $-4.62M | $-3.96M | $-409.47K | $-16.61M | $-2.87M | $-1.81M | $-1.10M | $-9.75M | $-7.14M | $-8.54M | $-14.43M | $-20.47M | $-18.14M | $-18.38M | $-11.05M | $-62.79M | $111.16M | - |
High Forecast | $549.62K | $-9.89M | $-4.62M | $-3.96M | $-409.47K | $-13.00M | $-2.87M | $-1.81M | $-799.45K | $-9.75M | $-7.14M | $-8.54M | $-14.43M | $-20.47M | $-18.14M | $-14.70M | $-11.05M | $-50.23M | $111.16M | - |
Low Forecast | $549.62K | $-9.89M | $-4.62M | $-3.96M | $-409.47K | $-20.22M | $-2.87M | $-1.81M | $-1.30M | $-9.75M | $-7.14M | $-8.54M | $-14.43M | $-20.47M | $-18.14M | $-22.05M | $-11.05M | $-75.35M | $111.16M | - |
Surprise % | - | - | - | - | - | - | - | - | -6.97% | 1.26% | - | 3.78% | 1.05% | 1.58% | -0.48% | 1.73% | -3.00% | 0.62% | -0.00% | - |
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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $67.71M | $49.33M | $61.16M | $61.83M | $60.42M | $38.78M | $54.34M | $55.39M | $58.11M | $41.43M | $48.68M | $49.19M | $42.47M | $33.63M | $40.82M | $49.59M | $44.36M | $38.05M | $29.71M | $36.71M |
High Forecast | $67.71M | $49.33M | $61.16M | $61.83M | $60.42M | $39.86M | $54.34M | $55.39M | $58.50M | $41.44M | $48.68M | $49.19M | $42.47M | $33.63M | $40.82M | $49.59M | $44.36M | $38.05M | $29.71M | $36.71M |
Low Forecast | $67.71M | $49.33M | $61.16M | $61.83M | $60.42M | $37.83M | $54.34M | $55.38M | $57.75M | $41.42M | $48.68M | $49.19M | $42.47M | $33.63M | $40.82M | $49.59M | $44.36M | $38.05M | $29.71M | $36.71M |
Surprise % | - | - | - | - | - | - | - | - | 0.85% | 1.32% | - | 0.92% | 1.18% | 1.47% | 1.24% | 1.08% | 1.18% | 2.07% | 0.97% | 0.76% |
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 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 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 | $0.01 | $-0.09 | $-0.04 | $-0.04 | $-0.00 | $-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 | $0.01 | $-0.09 | $-0.04 | $-0.04 | $-0.00 | $-0.12 | $-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 | $0.01 | $-0.09 | $-0.04 | $-0.04 | $-0.00 | $-0.18 | $-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 | - |
Surprise % | - | - | - | - | - | - | - | - | -7.89% | 1.47% | - | 4.50% | 1.30% | 1.99% | -0.61% | 3.48% | -4.18% | 6.73% | -0.00% | - |
Nerdy Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PET | Wag! Group | $0.64 | $3.50 | 446.88% | Buy |
NRDY | Nerdy | $0.90 | $3.00 | 233.33% | Hold |
ONTF | ON24 | $5.94 | $18.00 | 203.03% | - |
ML | MoneyLion | $44.24 | $92.00 | 107.96% | Buy |
WALD | Waldencast | $3.24 | $6.50 | 100.62% | Buy |
PRO | PROS | $20.73 | $32.67 | 57.60% | Buy |
PDFS | PDF Solutions | $28.69 | $43.50 | 51.62% | - |
PRCH | Porch Group | $2.03 | $3.00 | 47.78% | Buy |
PYCR | Paycor HCM | $15.71 | $22.00 | 40.04% | Hold |
INST | Instructure | $23.56 | $28.74 | 21.99% | Hold |
DCBO | Docebo | $48.04 | $56.57 | 17.76% | Buy |
GWRE | Guidewire Software | $185.52 | $164.70 | -11.22% | Buy |
MLNK | MeridianLink | $23.09 | $20.00 | -13.38% | 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 3 'Buy' recommendations, accounting for 42.86% of NRDY's total ratings.
What is NRDY's price target?
Nerdy (NRDY) average price target is $3 with a range of $3 to $3, implying a 234.67% from its last price of $0.896. 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 234.67% (from the last price of $0.896 to the average price target of $3), up by 234.67% based on the highest stock price target, and up by 234.67% based on the lowest stock price target.
Can Nerdy stock reach $1?
NRDY's average twelve months analyst stock price target of $3 supports the claim that Nerdy can reach $1 in the near future.
What are Nerdy's analysts' financial forecasts?
Nerdy's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $196.92M (high $197.94M, low $196.02M), average EBITDA is $-75.874M (high $-75.526M, low $-76.268M), average net income is $-21.694M (high $-18.084M, low $-25.304M), average SG&A $208.93M (high $210.01M, low $207.97M), and average EPS is $-0.197 (high $-0.165, low $-0.23). NRDY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $226.24M (high $226.24M, low $226.24M), average EBITDA is $-87.171M (high $-87.171M, low $-87.171M), average net income is $-17.918M (high $-17.918M, low $-17.918M), average SG&A $240.03M (high $240.03M, low $240.03M), and average EPS is $-0.163 (high $-0.163, low $-0.163).
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 $-71.692M by -19.70%. The company's net income was $-40.174M, beating the average estimation of $-26.532M by 51.42%. Apple's SG&A was $194.02M, missing the average forecast of $197.41M by -1.72%. 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 $-21.104M by -60.68%. Nerdy's net income was $7.67M, missing the average estimation of $-1.099M by -797.48%. The company's SG&A was $49.44M, missing the average forecast of $58.11M by -14.92%. Lastly, the company's EPS was $0.0789, missing the average prediction of $-0.01 by -889.00%