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 183.02% upside from NRDY’s last price of $1.06) 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 183.02% upside from NRDY's last price of $1.06.
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%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 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 |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Maria Ripps | Canaccord Genuity | $3.00 | $0.87 | 244.79% | 183.02% |
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 183.02% increase from NRDY last price ($1.06).
Nerdy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $3.00 | $3.00 |
| Last Closing Price | $1.06 | $1.06 | $1.06 |
| Upside/Downside | -100.00% | 183.02% | 183.02% |
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 $1.06. 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 |
|---|---|---|---|---|
| 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'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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $55.08M | $40.30M | - | $49.18M | $41.80M | $31.75M | - | $46.92M | $42.02M | $31.30M | $32.79M | $34.56M |
| Avg Forecast | $63.82M | $46.50M | $57.64M | $58.28M | $56.91M | $36.56M | $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 | $66.13M | $48.19M | $59.73M | $60.39M | $58.97M | $37.58M | $53.07M | $54.10M | $55.13M | $40.46M | $47.55M | $48.04M | $41.48M | $32.85M | $38.48M | $47.02M | $42.06M | $36.08M | $28.17M | $34.81M |
| Low Forecast | $62.18M | $45.31M | $56.17M | $56.78M | $55.45M | $35.66M | $49.90M | $50.87M | $54.43M | $38.05M | $44.71M | $45.17M | $39.00M | $30.89M | $38.48M | $46.51M | $41.60M | $35.68M | $27.86M | $34.42M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 1.03% | - | 1.06% | 1.04% | 1.00% | - | 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 $50.87M, and a high forecast of $54.10M. 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 | Jul 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 | 2 | 2 | 3 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | $-8.30M | $-25.55M | - | $12.02M | $-23.58M | $-21.51M | - | $-8.06M | $19.13M | $-35.84M | $2.50M | $-4.14M |
| Avg Forecast | $-24.59M | $-17.92M | $-22.21M | $-22.45M | $-21.93M | $-14.09M | $-19.73M | $-20.11M | $-21.10M | $-15.05M | $-17.68M | $-17.86M | $-15.42M | $-12.21M | $-14.82M | $-16.63M | $17.50M | $-58.06M | $-10.79M | $-13.33M |
| High Forecast | $-23.96M | $-17.46M | $-21.64M | $-21.88M | $-21.36M | $-13.74M | $-19.23M | $-19.60M | $-20.97M | $-14.66M | $-17.23M | $-17.41M | $-15.03M | $-11.90M | $-14.82M | $-13.31M | $21.00M | $-46.45M | $-10.73M | $-13.26M |
| Low Forecast | $-25.48M | $-18.57M | $-23.02M | $-23.27M | $-22.72M | $-14.48M | $-20.45M | $-20.84M | $-21.24M | $-15.59M | $-18.32M | $-18.51M | $-15.98M | $-12.66M | $-14.82M | $-19.96M | $14.00M | $-69.67M | $-10.85M | $-13.41M |
| Surprise % | - | - | - | - | - | - | - | - | 0.39% | 1.70% | - | -0.67% | 1.53% | 1.76% | - | 0.48% | 1.09% | 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 $-17.23M and a low of $-18.32M. This is -247.14% 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 | Jul 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 | 2 | 2 | 3 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | $7.67M | $-12.29M | - | $-32.25M | $-15.14M | $-32.30M | - | $-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 | $-17.81M | $-18.38M | $17.50M | $-62.79M | $106.36M | - |
| High Forecast | $575.53K | $-9.56M | $-4.46M | $-3.83M | $-395.82K | $-13.00M | $-2.77M | $-1.75M | $-799.45K | $-9.43M | $-6.90M | $-8.26M | $-13.95M | $-19.79M | $-17.81M | $-14.70M | $21.00M | $-50.23M | $107.18M | - |
| Low Forecast | $531.30K | $-10.36M | $-4.83M | $-4.14M | $-428.77K | $-20.22M | $-3.00M | $-1.90M | $-1.30M | $-10.21M | $-7.48M | $-8.95M | $-15.11M | $-21.44M | $-17.81M | $-22.05M | $14.00M | $-75.35M | $105.66M | - |
| Surprise % | - | - | - | - | - | - | - | - | -6.97% | 1.26% | - | 3.78% | 1.05% | 1.58% | - | 1.73% | 1.89% | 0.62% | -0.00% | - |
Nerdy's average Quarter net income forecast for Mar 24 is $-1.81M, with a range of $-1.90M to $-1.75M. 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 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 | Jul 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 | 2 | 2 | 3 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | $49.45M | $54.74M | - | $45.26M | $49.92M | $49.60M | - | $53.45M | $52.22M | $78.67M | $28.69M | $27.83M |
| Avg Forecast | $67.71M | $49.33M | $61.16M | $61.83M | $60.38M | $38.79M | $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 | $70.16M | $51.12M | $63.38M | $64.07M | $62.57M | $39.87M | $56.31M | $57.40M | $58.50M | $42.93M | $50.45M | $50.97M | $44.01M | $34.85M | $40.82M | $49.89M | $44.62M | $38.28M | $29.88M | $36.93M |
| Low Forecast | $65.97M | $48.07M | $59.59M | $60.25M | $58.83M | $37.83M | $52.95M | $53.97M | $57.75M | $40.37M | $47.43M | $47.93M | $41.38M | $32.77M | $40.82M | $49.34M | $44.13M | $37.86M | $29.56M | $36.52M |
| Surprise % | - | - | - | - | - | - | - | - | 0.85% | 1.32% | - | 0.92% | 1.18% | 1.47% | - | 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 $53.97M to $57.40M. The forecast indicates a 12.02% 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 | Jul 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 | 2 | 2 | 3 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | $0.08 | $-0.13 | - | $-0.35 | $-0.17 | $-0.37 | - | $-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 | $-0.03 | $-0.00 | $-0.12 | $-0.03 | $-0.02 | $-0.01 | $-0.09 | $-0.06 | $-0.08 | $-0.13 | $-0.18 | $-0.17 | $-0.11 | $-0.10 | $-0.07 | $1.02 | - |
| Low Forecast | - | $-0.09 | $-0.04 | $-0.04 | $-0.00 | $-0.18 | $-0.03 | $-0.02 | $-0.01 | $-0.09 | $-0.07 | $-0.08 | $-0.14 | $-0.20 | $-0.17 | $-0.12 | $-0.10 | $-0.07 | $1.00 | - |
| Surprise % | - | - | - | - | - | - | - | - | -7.89% | 1.47% | - | 4.50% | 1.30% | 1.99% | - | 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 | $0.74 | $3.50 | 372.97% | Buy |
| ONTF | ON24 | $6.07 | $18.00 | 196.54% | - |
| NRDY | Nerdy | $1.06 | $3.00 | 183.02% | Hold |
| ML | MoneyLion | $41.03 | $102.67 | 150.23% | Buy |
| PRO | PROS | $17.81 | $41.00 | 130.21% | Buy |
| PYCR | Paycor HCM | $13.71 | $23.11 | 68.56% | Hold |
| WALD | Waldencast | $4.12 | $6.50 | 57.77% | Buy |
| PDFS | PDF Solutions | $28.86 | $43.50 | 50.73% | - |
| DCBO | Docebo | $43.48 | $55.86 | 28.47% | Buy |
| PRCH | Porch Group | $1.58 | $2.00 | 26.58% | Hold |
| INST | Instructure | $23.54 | $28.74 | 22.09% | Hold |
| PWSC | PowerSchool | $22.76 | $24.08 | 5.80% | Hold |
| GWRE | Guidewire Software | $172.43 | $156.30 | -9.35% | Buy |
| MLNK | MeridianLink | $24.04 | $20.00 | -16.81% | 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 183.02% from its last price of $1.06. 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 183.02% (from the last price of $1.06 to the average price target of $3), up by 183.02% based on the highest stock price target, and up by 183.02% based on the lowest stock price target.
Can Nerdy stock reach $2?
NRDY's average twelve months analyst stock price target of $3 supports the claim that Nerdy can reach $2 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 $196.88M (high $203.72M, low $191.88M), average EBITDA is $-75.861M (high $-73.931M, low $-78.494M), average net income is $-21.694M (high $-17.915M, low $-25.544M), average SG&A $208.89M (high $216.14M, low $203.58M), and average EPS is $-0.197 (high $-0.163, low $-0.232). NRDY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $226.24M (high $234.44M, low $220.44M), average EBITDA is $-87.171M (high $-84.936M, low $-90.332M), average net income is $-17.918M (high $-17.276M, low $-18.807M), average SG&A $240.03M (high $248.74M, low $233.88M), and average EPS is $-0.163 (high $-0.157, low $-0.171).
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%