Nerdy, Inc. (NRDY)
NYSE: NRDY · IEX Real-Time Price · USD
1.710
+0.020 (1.18%)
At close: May 31, 2024, 4:00 PM
1.739
+0.029 (1.70%)
After-hours: May 31, 2024, 7:58 PM EDT
Nerdy Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Nerdy stock have an average target of 4.89, with a low estimate of 3.75 and a high estimate of 6.00. The average target predicts an increase of 185.96% from the current stock price of 1.71.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nerdy stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +133.92% | May 17, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3.25 → $3.75 | Hold | Maintains | $3.25 → $3.75 | +119.30% | May 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +133.92% | May 8, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $5 | Buy | Initiates | $5 | +192.40% | Mar 11, 2024 |
| Needham | Needham | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +133.92% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
242.32M
from 193.40M
Increased by 25.30%
Revenue Next Year
296.46M
from 242.32M
Increased by 22.34%
EPS This Year
-0.33
from -0.41
EPS Next Year
-0.19
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 253.9M | 320.6M | 370.5M |
| Avg | 242.3M | 296.5M | 353.3M |
| Low | 227.5M | 272.9M | 336.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.3% | 32.3% | 25.0% |
| Avg | 25.3% | 22.3% | 19.2% |
| Low | 17.6% | 12.6% | 13.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.24 | 0.09 | -0.05 |
| Avg | -0.33 | -0.19 | -0.09 |
| Low | -0.38 | -0.34 | -0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.