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Nerdwallet Inc   (NRDS)
Other Ticker:  
 
 
Price: $11.9800 $0.73 6.489%
Day's High: $11.99 Week Perf: -4.54 %
Day's Low: $ 11.18 30 Day Perf: -4.39 %
Volume (M): 791 52 Wk High: $ 17.30
Volume (M$): $ 9,481 52 Wk Avg: $13.48
Open: $11.24 52 Wk Low: $6.38



 Market Capitalization (Millions $) 933
 Shares Outstanding (Millions) 78
 Employees 730
 Revenues (TTM) (Millions $) 599
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) 47
 Capital Exp. (TTM) (Millions $) 31

Nerdwallet Inc
Nerdwallet Inc is a personal finance website and company that provides helpful, unbiased financial advice to millions of people. It was founded in 2009 by Tim Chen when he was looking to manage his own finances and found that the information available on the internet for personal finance was confusing and biased.

The company's main goal is to help customers make informed financial decisions by providing easy-to-understand and comprehensive comparisons of financial products and services. In addition to personal finance advice, the site offers resources on credit score management, banking, investing, insurance, and many other financial topics.

Some of the key features of Nerdwallet's services include credit scores and reporting, credit card reviews, mortgage and loan comparison tools, and personal budgeting software. It also offers a range of calculators and reports that help customers determine how much they can afford to spend on a home, car, or other large purchase.

Nerdwallet's popular "best of" lists help customers compare financial products and services based on factors like fees, interest rates, and convenience. These lists are updated regularly to reflect the most current product offerings and industry trends.

The company has grown rapidly over the last decade, with over 100 million annual visits to its website and partnerships with major financial institutions like Bank of America, Goldman Sachs, and Fidelity. It has also raised over $100 million in funding from venture capitalists and other investors.

Nerdwallet's success can be attributed to its dedication to providing easy-to-use information to consumers, as well as its emphasis on transparency and unbiased advice. Its informative articles, guides, and tools help customers make informed decisions about their finances and achieve their financial goals.


   Company Address: 55 Hawthorne Street San Francisco 94105 CA
   Company Phone Number: 549-8913   Stock Exchange / Ticker: NASDAQ NRDS


   

Stock Performances by Major Competitors

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Nerdwallet Inc

Nerdwallet Inc Faces Decline in Net Profit and Revenue for Q1 2024

Investors may be concerned about the recent financial performance of Nerdwallet Inc after the company reported a significant decrease in net profit per share and revenue for the first quarter of 2024. Despite a positive net profit per share compared to the prior reporting season, the company saw a -50% drop from the same period a year ago. Additionally, revenue contracted by -4.54% year-over-year, although there was a sequential improvement of 21.092%.
In the Cloud Computing & Data Analytics industry as a whole, there was a revenue rise in the first quarter of 2024. However, Nerdwallet Inc's earnings fell by -35.29% compared to the corresponding period a year before. Operating margin increased to 2.29%, but net margin decreased to 0.68%.
Nerdwallet Inc

Nerdwallet Inc Faces Tough Financial Quarter: Revenue and Earnings Take a Hit

Nerdwallet Inc stock has seen a solid gain of 5.22% over the past week and is up by 16.76% in 2024. The stock is currently trading on the NASDAQ at 40.2% above its 52-week average. However, looking at the financial results for the period ending December 31, 2023, Nerdwallet Inc posted a per share shortfall of $-0.03 compared to $0.12 a year ago. This represents a significant decrease in earnings and may raise concerns among investors.
Additionally, the revenue for Nerdwallet Inc has depreciated by -5.845% to $133.70 million from $142.00 million in the same quarter a year ago. This decline in revenue could be a cause for alarm as it indicates that the company's business may be facing challenges. Not only did the company post a net shortfall of $-2.300 million instead of net income of $8.900 million achieved in the same quarter a year before, but operating earnings also fell by -41.77% to $4.6 million. This has led to a decrease in Nerdwallet Inc's operating margin to 3.44% from 5.56% in the fourth quarter of 2022.
Nerdwallet Inc

Nerdwallet Inc. Soars to New Heights with Impressive 7.153% Revenue Growth



Nerdwallet Inc, a leading Cloud Computing & Data Analytics company, recently released its financial results for the third quarter of 2023. While the company saw a slight improvement in earnings per share and significant revenue growth, concerns remain regarding losses and declining accounts receivable. This article will interpret the financial results and discuss their potential impact on the company's future.
Revenue Growth:
Nerdwallet Inc reported a revenue increase of 7.153% to $152.80 million for the third quarter of 2023, compared to $142.60 million during the same period the previous year. Furthermore, the sequential revenue growth of 6.629% from $143.30 million is commendable. However, when compared to its contemporaries in the Cloud Computing & Data Analytics sector, Nerdwallet's revenue growth trailed by 15.56% from the third quarter of 2022. This gap raises questions about the company's competitive positioning and growth strategy within the industry.
Nerdwallet Inc

Nerdwallet Inc Outpaces Industry Giants, Showcasing a Whopping 14.457% Revenue Boost during 2023's Second Fiscal Quarter

Over the last five trading days, Nerdwallet Inc stock has seen a decline of -0.84%, resulting in a year-to-date performance of 10.17%. Despite this recent decrease in stock value, the company's shares are still trading 29.5% higher than their 52-week low.
One important factor to consider when analyzing Nerdwallet Inc's performance is its revenue growth. In the fiscal timeframe ending June 30, 2023, the company experienced a significant increase in revenue of 14.457% compared to the same period the previous year. This brought their revenue to $143.30 million. However, despite this growth, Nerdwallet Inc incurred a loss of $-0.14 per share.
Nerdwallet Inc

Earnings supported by $1.80 million provisions on income taxes

Bearish Article on Nerdwallet Inc.
Nerdwallet Inc., a personal finance company that provides financial advice to consumers, recently reported its financial results for the January to March 31, 2023 span. While the company saw a small improvement in profitability compared to the prior year, the significant drop in income per share and the reliance on tax provisions to boost income growth paint a bearish outlook for the company.






Nerdwallet Inc's Segments
Credit cards    30.61 % of total Revenue
Loans    14.41 % of total Revenue
SMB products    17.33 % of total Revenue
Emerging verticals    37.65 % of total Revenue





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