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 $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


The average price target for Nerdy (NRDY) is $3.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 234.67% upside from NRDY's last price of $0.90.

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%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Nerdy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 09, 2024Maria RippsCanaccord Genuity$3.00$0.87244.79%234.67%
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The latest Nerdy stock forecast, released on Aug 09, 2024 by Maria Ripps from Canaccord Genuity, set a price target of $3.00, which represents a 244.79% increase from the stock price at the time of the forecast ($0.87), and a 234.67% increase from NRDY last price ($0.90).

Nerdy Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$3.00$3.00
Last Closing Price$0.90$0.90$0.90
Upside/Downside-100.00%234.67%234.67%

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 $0.90. 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


DateCompanyPrevious RatingNew RatingRating Change
Aug 09, 2024Consumer Edge-Market PerformDowngrade
Aug 09, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 09, 2024Consumer Edge Research-PerformDowngrade
Aug 09, 2024Canaccord Genuity-MixedDowngrade
Aug 09, 2024JMP SecuritiesOutperformOutperformHold
Aug 09, 2024Raymond JamesOutperformMarket PerformDowngrade
May 09, 2024NeedhamBuyBuyHold
Nov 08, 2023Cantor FitzgeraldOverweightOverweightHold
Nov 08, 2023Raymond JamesOutperformOutperformHold
Mar 02, 2023Goldman SachsNeutralNeutralHold
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Nerdy's last stock rating was published by Consumer Edge on Aug 09, 2024. The company Downgrade its NRDY rating from "null" to "Market Perform".

Nerdy Financial Forecast


Nerdy Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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
# Analysts33334543633344443333
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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts33334543633344443333
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%

3 analysts predict NRDY's average Quarter EBITDA for Jun 23 to be $-17.68M, with a high of $-17.68M and a low of $-17.68M. This is -247.14% lower than Nerdy's previous annual EBITDA (Mar 23) of $12.02M.

Nerdy Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts33334543633344443333
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's average Quarter net income forecast for Mar 24 is $-1.81M, with a range of $-1.81M to $-1.81M. NRDY's average Quarter net income forecast represents a -123.62% decrease compared to the company's last Quarter net income of $7.67M (Dec 23).

Nerdy SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts33334543633344443333
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's average Quarter SG&A projection for Mar 24 is $55.39M, based on 3 Wall Street analysts, with a range of $55.38M to $55.39M. The forecast indicates a 12.02% rise compared to NRDY last annual SG&A of $49.45M (Dec 23).

Nerdy EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts33334543633344443333
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%-

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PETWag! Group$0.64$3.50446.88%Buy
NRDYNerdy$0.90$3.00233.33%Hold
ONTFON24$5.94$18.00203.03%-
MLMoneyLion$44.24$92.00107.96%Buy
WALDWaldencast$3.24$6.50100.62%Buy
PROPROS$20.73$32.6757.60%Buy
PDFSPDF Solutions$28.69$43.5051.62%-
PRCHPorch Group$2.03$3.0047.78%Buy
PYCRPaycor HCM$15.71$22.0040.04%Hold
INSTInstructure$23.56$28.7421.99%Hold
DCBODocebo$48.04$56.5717.76%Buy
GWREGuidewire Software$185.52$164.70-11.22%Buy
MLNKMeridianLink$23.09$20.00-13.38%Buy

NRDY Forecast FAQ


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.

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.

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.

NRDY's average twelve months analyst stock price target of $3 supports the claim that Nerdy can reach $1 in the near future.

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).

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%