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Nerdy

NRDYNYSE
$1.69
0.031.81%
At Close: -
$1.68
-0.0077-0.46%
After Hours: 6:17 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$9.00
Lowest Price Target1
$2.50
Consensus Price Target1
$5.16

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Nerdy (NYSE:NRDY) Stock, Analyst Ratings, Price Targets, Forecasts

Nerdy Inc has a consensus price target of $5.16 based on the ratings of 11 analysts. The high is $9 issued by Barclays on October 18, 2021. The low is $2.5 issued by Barclays on October 18, 2022. The 3 most-recent analyst ratings were released by Needham, Goldman Sachs, and Needham on May 17, 2024, May 9, 2024, and May 8, 2024, respectively. With an average price target of $3.92 between Needham, Goldman Sachs, and Needham, there's an implied 132.82% upside for Nerdy Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
Feb
1
Mar
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Goldman Sachs
JP Morgan
Cantor Fitzgerald
Raymond James

1calculated from analyst ratings

Analyst Ratings for Nerdy

Buy NowGet Alert
05/17/2024Buy Now137.77%Needham
Ryan MacDonald
→ $4ReiteratesBuy → BuyGet Alert
05/09/2024Buy Now122.91%Goldman Sachs
Eric Sheridan
$3.25 → $3.75MaintainsNeutralGet Alert
05/08/2024Buy Now137.77%Needham
Ryan MacDonald
→ $4ReiteratesBuy → BuyGet Alert
03/11/2024Buy Now197.21%JP Morgan
Bryan Smilek
→ $5Assumes → OverweightGet Alert
02/28/2024Buy Now137.77%Needham
Ryan MacDonald
→ $4ReiteratesBuy → BuyGet Alert
11/09/2023Buy Now78.33%Goldman Sachs
Eric Sheridan
$5 → $3MaintainsNeutralGet Alert
11/08/2023Buy Now137.77%Needham
Ryan MacDonald
$7 → $4MaintainsBuyGet Alert
11/08/2023Buy Now256.65%Cantor Fitzgerald
Brett Knoblauch
$8 → $6MaintainsOverweightGet Alert
11/08/2023Buy Now137.77%Raymond James
Alexander Sklar
$5.5 → $4MaintainsOutperformGet Alert
09/18/2023Buy Now375.54%Cantor Fitzgerald
Brett Knoblauch
→ $8ReiteratesOverweight → OverweightGet Alert
08/28/2023Buy Now226.93%Raymond James
Aaron Kessler
→ $5.5Reinstates → OutperformGet Alert
08/21/2023Buy Now256.65%JMP Securities
Andrew Boone
→ $6ReiteratesMarket Outperform → Market OutperformGet Alert
08/10/2023Buy Now197.21%Goldman Sachs
Eric Sheridan
$3.75 → $5MaintainsNeutralGet Alert
08/09/2023Buy Now375.54%Cantor Fitzgerald
Brett Knoblauch
$6 → $8MaintainsOverweightGet Alert
08/09/2023Buy Now197.21%Goldman Sachs
Eric Sheridan
$3.75 → $5MaintainsNeutralGet Alert
08/09/2023Buy Now316.1%Needham
Ryan MacDonald
$5 → $7MaintainsBuyGet Alert
05/19/2023Buy Now197.21%Needham
Ryan MacDonald
→ $5ReiteratesBuy → BuyGet Alert
05/10/2023Buy Now197.21%Needham
Ryan MacDonald
→ $5Reiterates → BuyGet Alert
03/06/2023Buy Now256.65%Cantor Fitzgerald
Brett Knoblauch
→ $6Reiterates → OverweightGet Alert
03/02/2023Buy Now108.05%Goldman Sachs
Eric Sheridan
$3 → $3.5MaintainsNeutralGet Alert
03/01/2023Buy Now256.65%Cantor Fitzgerald
Brett Knoblauch
$4 → $6MaintainsOverweightGet Alert
03/01/2023Buy Now108.05%Goldman Sachs
Eric Sheridan
$3 → $3.5MaintainsNeutralGet Alert
03/01/2023Buy Now137.77%Raymond James
Aaron Kessler
$3.5 → $4MaintainsOutperformGet Alert
03/01/2023Buy Now197.21%Needham
Ryan MacDonald
→ $5Reiterates → BuyGet Alert
11/15/2022Buy Now78.33%Goldman Sachs
Eric Sheridan
$3.5 → $3MaintainsNeutralGet Alert
11/15/2022Buy Now108.05%Raymond James
Aaron Kessler
$5 → $3.5MaintainsOutperformGet Alert
11/15/2022Buy Now197.21%Canaccord Genuity
Maria Ripps
$6 → $5MaintainsBuyGet Alert
10/18/2022Buy Now48.61%Barclays
Mario Lu
$4 → $2.5MaintainsEqual-WeightGet Alert
08/17/2022Buy Now108.05%Goldman Sachs
Eric Sheridan
$3 → $3.5MaintainsNeutralGet Alert
08/16/2022Buy Now197.21%Needham
Ryan MacDonald
$4 → $5MaintainsBuyGet Alert
06/29/2022Buy Now256.65%JP Morgan
Doug Anmuth
$7 → $6MaintainsOverweightGet Alert
05/27/2022Buy Now316.1%Canaccord Genuity
Maria Ripps
$8 → $7MaintainsBuyGet Alert
05/17/2022Buy Now197.21%Raymond James
Aaron Kessler
$7 → $5MaintainsOutperformGet Alert
05/17/2022Buy Now137.77%Needham
Ryan MacDonald
$8 → $4MaintainsBuyGet Alert
05/17/2022Buy Now316.1%JMP Securities
Andrew Boone
$11 → $7MaintainsMarket OutperformGet Alert
05/17/2022Buy Now78.33%Goldman Sachs
Eric Sheridan
$8 → $3DowngradeBuy → NeutralGet Alert
03/30/2022Buy Now316.1%Cantor Fitzgerald
Brett Knoblauch
→ $7Initiates → OverweightGet Alert
03/01/2022Buy Now375.54%Needham
Ryan MacDonald
$13 → $8MaintainsBuyGet Alert
03/01/2022Buy Now316.1%Raymond James
Aaron Kessler
$9 → $7MaintainsOutperformGet Alert
03/01/2022Buy Now553.87%JMP Securities
Andrew Boone
$13 → $11MaintainsMarket OutperformGet Alert
01/07/2022Buy Now375.54%Goldman Sachs
Eric Sheridan
→ $8Initiates → BuyGet Alert
11/16/2021Buy Now434.98%Raymond James
Aaron Kessler
MaintainsOutperformGet Alert
11/12/2021Buy Now613.31%JP Morgan
Doug Anmuth
Initiates → OverweightGet Alert
10/18/2021Buy Now672.75%Needham
Ryan MacDonald
Initiates → BuyGet Alert
10/18/2021Buy Now672.75%Raymond James
Aaron Kessler
Initiates → OutperformGet Alert
10/18/2021Buy Now434.98%Barclays
Ross Sandler
Initiates → Equal-WeightGet Alert
10/15/2021Buy Now672.75%JMP Securities
Andrew Boone
Initiates → Market OutperformGet Alert
10/04/2021Buy Now732.19%Canaccord Genuity
Maria Ripps
Initiates → BuyGet Alert

FAQ

Q

What is the target price for Nerdy (NRDY) stock?

A

The latest price target for Nerdy (NYSE:NRDY) was reported by Needham on May 17, 2024. The analyst firm set a price target for $4.00 expecting NRDY to rise to within 12 months (a possible 137.77% upside). 16 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nerdy (NRDY)?

A

The latest analyst rating for Nerdy (NYSE:NRDY) was provided by Needham, and Nerdy reiterated their buy rating.

Q

When was the last upgrade for Nerdy (NRDY)?

A

There is no last upgrade for Nerdy

Q

When was the last downgrade for Nerdy (NRDY)?

A

The last downgrade for Nerdy Inc happened on May 17, 2022 when Goldman Sachs changed their price target from $8 to $3 for Nerdy Inc.

Q

When is the next analyst rating going to be posted or updated for Nerdy (NRDY)?

A

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 May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.

Q

Is the Analyst Rating Nerdy (NRDY) correct?

A

While ratings are subjective and will change, the latest Nerdy (NRDY) rating was a reiterated with a price target of $4.00 to $4.00. The current price Nerdy (NRDY) is trading at is $1.68, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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