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Nerdy Inc has a consensus price target of $3.42 based on the ratings of 12 analysts. The high is $6 issued by JP Morgan on June 29, 2022. The low is $1 issued by Cantor Fitzgerald on November 8, 2024. The 3 most-recent analyst ratings were released by Northland Capital Markets, Cantor Fitzgerald, and Needham on November 8, 2024, respectively. With an average price target of $1.67 between Northland Capital Markets, Cantor Fitzgerald, and Needham, there's an implied -1.96% downside for Nerdy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nerdy (NYSE:NRDY) was reported by JP Morgan on November 11, 2024. The analyst firm set a price target for $0.00 expecting NRDY to fall to within 12 months (a possible -100.00% downside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Nerdy (NYSE:NRDY) was provided by JP Morgan, and Nerdy downgraded their underweight rating.
There is no last upgrade for Nerdy
The last downgrade for Nerdy Inc happened on November 11, 2024 when JP Morgan changed their price target from N/A to N/A for Nerdy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nerdy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nerdy was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Nerdy (NRDY) rating was a downgraded with a price target of $0.00 to $0.00. The current price Nerdy (NRDY) is trading at is $1.70, which is out of the analyst’s predicted range.
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