NerdWallet (NASDAQ:NRDS) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

NerdWallet (NASDAQ:NRDS) posted its earnings results on Wednesday. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04, FiscalAI reports. The business had revenue of $222.20 million for the quarter, compared to analysts’ expectations of $227.63 million. NerdWallet had a net margin of 5.82% and a return on equity of 12.66%. The company’s revenue was up 6.2% on a year-over-year basis.

Here are the key takeaways from NerdWallet’s conference call:

• Q1 results beat expectations with $222 million revenue (+6% YoY), NGOI $34 million (15% margin) and $45 million adjusted EBITDA, supported by strong adjusted free cash flow (TTM $131 million).
• Monetization from one large auto insurance partner ran below expectations in March, which pressured Q1 results and is expected to have a larger impact in Q2, prompting caution in near-term guidance.
• Management is accelerating investments in vertical integration — including deeper carrier tech integrations, phone-based agent referrals and a branded agency (“NerdWallet Insurance Experts“) — aiming to diversify revenue and capture long-term returns.
• Capital allocation remains active: the company repurchased $66 million of stock in Q1 (share count down 9% YoY) with $90 million remaining authorization, while continuing to evaluate buybacks alongside other uses of capital.
• NerdWallet reports strong LLM search share for finance queries with high conversion rates, but LLM-driven revenue is currently a small portion of total revenue.

NerdWallet Stock Performance

NerdWallet stock traded down $1.65 during trading hours on Thursday, hitting $9.56. 1,438,866 shares of the stock were exchanged, compared to its average volume of 882,629. The stock has a market capitalization of $638.14 million, a P/E ratio of 14.85 and a beta of 1.34. NerdWallet has a 12 month low of $8.42 and a 12 month high of $16.24. The business’s 50-day moving average is $10.60 and its two-hundred day moving average is $12.10.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NRDS. Weiss Ratings reissued a “hold (c)” rating on shares of NerdWallet in a research note on Monday. Wall Street Zen cut shares of NerdWallet from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Morgan Stanley cut shares of NerdWallet from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $14.00 to $9.00 in a research note on Friday, March 13th. Zacks Research cut shares of NerdWallet from a “hold” rating to a “strong sell” rating in a research note on Monday. Finally, Truist Financial lowered their target price on shares of NerdWallet from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $15.00.

NerdWallet News Roundup

Here are the key news stories impacting NerdWallet this week:

• Positive Sentiment: Q1 EPS beat expectations — NerdWallet reported $0.29/share vs. the Zacks consensus of $0.25, and turned profitable versus breakeven a year ago. NerdWallet, Inc. (NRDS) Q1 Earnings Top Estimates
• Neutral Sentiment: Revenue grew 6% YoY to $222.2M, showing underlying growth, but it missed analyst estimates (~$227.6M), which tempered the upside from the EPS beat. NerdWallet Reports First Quarter Results
• Neutral Sentiment: Management commentary and color are available in the earnings?call transcripts; investors will be watching guidance detail and margin commentary from the call. NerdWallet Q1 2026 Earnings Call Transcript
• Negative Sentiment: Management issued weaker Q2 revenue guidance (~$186M–$202M) below the Street (~$205M), which is the primary driver of the stock decline as investors punish lower near?term growth expectations. NerdWallet (NASDAQ:NRDS) Reports Strong Q1 CY2026 But Stock Drops
• Negative Sentiment: Zacks downgraded NerdWallet to “strong sell” after the print and guidance, adding selling pressure and negative analyst sentiment. Zacks.com

Insider Activity

In other NerdWallet news, insider Samuel Yount sold 71,988 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $10.32, for a total transaction of $742,916.16. Following the sale, the insider directly owned 173,973 shares of the company’s stock, valued at approximately $1,795,401.36. This represents a 29.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Nicholas Tatum sold 10,151 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $11.45, for a total transaction of $116,228.95. Following the sale, the chief accounting officer directly owned 47,202 shares in the company, valued at $540,462.90. This represents a 17.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 86,043 shares of company stock worth $901,317 over the last ninety days. Insiders own 52.75% of the company’s stock.

Hedge Funds Weigh In On NerdWallet

A number of large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC lifted its position in shares of NerdWallet by 37.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,893 shares of the company’s stock worth $43,000 after purchasing an additional 1,054 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of NerdWallet by 9.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,659 shares of the company’s stock worth $249,000 after purchasing an additional 1,934 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of NerdWallet by 12.4% during the second quarter. JPMorgan Chase & Co. now owns 19,576 shares of the company’s stock worth $215,000 after purchasing an additional 2,161 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of NerdWallet by 1.3% during the fourth quarter. AQR Capital Management LLC now owns 184,082 shares of the company’s stock worth $2,494,000 after purchasing an additional 2,316 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of NerdWallet by 7.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 35,545 shares of the company’s stock worth $482,000 after purchasing an additional 2,447 shares in the last quarter. 38.81% of the stock is currently owned by institutional investors and hedge funds.

NerdWallet Company Profile

NerdWallet (NASDAQ: NRDS) is a personal finance company that offers independent guidance and comparison tools to help consumers make informed financial decisions. Through its website and mobile application, NerdWallet provides a wide range of content, including articles, calculators and reviews covering credit cards, mortgages, personal loans, banking products, investing, insurance and taxes. The platform aggregates partner offers to enable side-by-side comparisons, while editorially maintaining objectivity to support users in identifying the products that best suit their individual needs.

Founded in 2009 by Tim Chen and Jacob Gibson, NerdWallet is headquartered in San Francisco and serves consumers primarily in the United States, with additional localized offerings in Canada and the United Kingdom.