NRDS Stock Analysis: Nerdwallet | NASDAQ
Internet Content & Information | NASDAQ, USA | Market Cap: 566m USD | 12M Return: -8.3% | US64082B1026 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.87M
Qual. Beats: 0
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NerdWallet, Inc. (NASDAQ: NRDS) is a digital personal finance platform that delivers financial guidance to consumers and small and mid-sized businesses across the United States, the United Kingdom, Australia, and Canada. Founded in 2009 and headquartered in San Mateo, California, the company completed its initial public offering in November 2021 and is classified within the consumer finance sub-industry of the financials sector.
The business is organized around three core pillars: an editorial and content publishing operation that produces branded financial education, tools, calculators, guides, and research; a Marketplace and Referral Services segment that connects users to third-party providers of credit cards, loans, insurance, mortgages, and other financial products; and a Financial Services segment offering brokerage and advisory services through licensed insurance agency, loan and mortgage, and investment advisory subsidiaries. The company also extends education financing and refinancing facilities to students.
The Marketplace and Referral Services segment functions as a lead-generation model, in which NerdWallet earns fees when users are matched with partner providers of financial products rather than charging consumers directly. This multi-product comparison approach across credit, lending, insurance, and investing is characteristic of online consumer finance marketplaces that monetize primarily through partner referrals.
- Mortgage rate volatility pressures home loan referral revenue
- Credit card approval volumes drive core marketplace growth
- Google algorithm shifts threaten organic traffic acquisition costs
| Net Income: 65.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.35 > 0.02 and ΔFCF/TA 20.09 > 1.0 |
| NWC/Revenue: 14.47% < 20% (prev 21.97%; Δ -7.50% < -1%) |
| CFO/TA 0.39 > 3% & CFO 164.3m > Net Income 65.0m |
| Net Debt (-48.9m) to EBITDA (141.4m): -0.35 < 3 |
| Current Ratio: 2.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (65.8m) vs 12m ago -14.10% < -2% |
| Gross Margin: 93.50% > 18% (prev 91.03%; Δ 2.47% > 0.5%) |
| Asset Turnover: 192.4% > 50% (prev 162.0%; Δ 30.38% > 0%) |
| Interest Coverage Ratio: 152.7 > 6 (EBIT TTM 91.6m / Interest Expense TTM 600k) |
| A: 0.30 (Total Current Assets 201.3m - Total Current Liabilities 76.9m) / Total Assets 418.0m |
| B: -0.60 (Retained Earnings -252.6m / Total Assets 418.0m) |
| C: 0.20 (EBIT TTM 91.6m / Avg Total Assets 447.0m) |
| D: 3.53 (Book Value of Equity 325.8m / Total Liabilities 92.2m) |
| Altman-Z'' = 5.07 = AAA |
| DSRI: 1.04 (Receivables 113.6m/97.8m, Revenue 860.0m/771.2m) |
| GMI: 0.97 (GM 91.03% / 93.50%) |
| AQI: 1.06 (AQ_t 0.43 / AQ_t-1 0.41) |
| SGI: 1.12 (Revenue 860.0m / 771.2m) |
| TATA: -0.24 (NI 65.0m - CFO 164.3m) / TA 418.0m) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of October 14, 2026, the stock is trading at USD 9.64 with a total of 640,272 shares traded. Over the past week, the price has changed by +8.80%, over one month by +1.47%, over three months by +1.58% and over the past year by -8.28%.
Current recommended Stop Loss: 9.20 (which is 4.6% or 1.3 ATR below the current price).
Nerdwallet has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NRDS.
- StrongBuy: 4
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 11.5 | 19.3% |
P/E Trailing = 9.8444
P/E Forward = 8.1235
P/S = 0.6586
P/B = 1.6736
Revenue TTM = 860.0m USD
EBIT TTM = 91.6m USD
EBITDA TTM = 141.4m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 7.10m USD (from shortTermDebt, last quarter)
Debt = 13.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.00m
Net Debt = -48.9m USD (calculated: Debt 13.1m - CCE 62.0m)
Enterprise Value = 517.5m USD (566.4m + Debt 13.1m - CCE 62.0m)
Interest Coverage Ratio = 152.7 (Ebit TTM 91.6m / Interest Expense TTM 600k)
EV/FCF = 3.52x (Enterprise Value 517.5m / FCF TTM 147.2m)
FCF Yield = 28.45% (FCF TTM 147.2m / Enterprise Value 517.5m)
FCF Margin = 17.12% (FCF TTM 147.2m / Revenue TTM 860.0m)
Net Margin = 7.56% (Net Income TTM 65.0m / Revenue TTM 860.0m)
Gross Margin = 93.50% ((Revenue TTM 860.0m - Cost of Revenue TTM 55.9m) / Revenue TTM)
Gross Margin QoQ = 93.21% (prev 93.88%)
Tobins Q-Ratio = 1.24 (Enterprise Value 517.5m / Total Assets 418.0m)
Interest Expense / Debt = 4.58% (Interest Expense 600k / Debt 13.1m)
Taxrate = 28.34% (25.7m / 90.7m)
NOPAT = 65.6m (EBIT 91.6m * (1 - 28.34%))
Current Ratio = 2.62 (Total Current Assets 201.3m / Total Current Liabilities 76.9m)
Debt / Equity = 0.04 (Debt 13.1m / totalStockholderEquity, last quarter 325.8m)
Debt / EBITDA = -0.35 (Net Debt -48.9m / EBITDA 141.4m)
Debt / FCF = -0.33 (Net Debt -48.9m / FCF TTM 147.2m)
Total Stockholder Equity = 359.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 14.54% (Net Income 65.0m / Total Assets 418.0m)
RoE = 18.07% (Net Income TTM 65.0m / Total Stockholder Equity 359.7m)
RoCE = 25.46% (EBIT 91.6m / Capital Employed (Equity 359.7m + L.T.Debt 0.0))
RoIC = 21.51% (NOPAT 65.6m / Invested Capital 305.2m)
WACC = 9.28% (E(566.4m)/V(579.5m) * Re(9.42%) + D(13.1m)/V(579.5m) * Rd(4.58%) * (1-Tc(0.28)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.26 | Cagr: -8.57%
[DCF] Terminal Value 75.01% ; FCFF base≈117.1m ; Y1≈134.3m ; Y5≈197.6m
[DCF] Fair Price = 80.76 (EV 2.55b - Net Debt -48.9m = Equity 2.60b / Shares 32.2m; r=9.28% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.05 | # QB: 0
Revenue Correlation: 96.79 | Revenue CAGR: 17.35% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.36 | Chg30d=+5.18% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.32 | Chg30d=+1.01% | Revisions=+25% | GrowthEPS=+174.5% | GrowthRev=+9.1%
EPS next Year (2027-12-31): EPS=2.26 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+71.3% | GrowthRev=+6.0%