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Investing.com - Truist Securities raised its price target on NerdWallet Inc (NASDAQ:NRDS) to $19.00 from $17.00 on Monday, while maintaining a Buy rating on the financial guidance company. The new target suggests further upside potential from the current price of $13.64, with InvestingPro data indicating the stock may be undervalued based on its Fair Value assessment.
The revision follows NerdWallet’s stronger-than-expected third-quarter 2025 results and fourth-quarter guidance, which demonstrated improved performance in Banking, Loans, and Insurance segments that offset continued weakness in Small and Medium Business (SMB) and Credit Cards divisions. The company has maintained strong revenue growth of 24.7% over the last twelve months, with a healthy profit margin.
Truist Securities noted that NerdWallet management showed better cost containment despite ongoing headwinds from Google-related SEO challenges that have affected the company’s digital visibility and traffic.
The research firm expects Loans, Banking, and Insurance segments to remain favorable in the fourth quarter, even as the company faces persistent challenges from unfavorable interest rates affecting several of its products.
Truist Securities highlighted that NerdWallet’s acquisition of a mortgage broker and further cost containment measures should help management deliver on its fiscal year 2025 guidance while the company awaits a more favorable interest rate environment.
In other recent news, NerdWallet reported its Q3 2025 financial results, significantly surpassing expectations. The company achieved an earnings per share (EPS) of $0.34, exceeding the forecasted $0.21 by 61.9%. Additionally, NerdWallet reported revenue of $215 million, which was well above the expected $192.98 million. These results highlight the company’s strong performance in the recent quarter. While the earnings announcement led to a positive reaction in aftermarket trading, further analysis and commentary from financial analysts are awaited to gauge future expectations. These developments mark a notable period for NerdWallet, reflecting its ability to outperform financial forecasts. Investors are closely monitoring these results as they consider their investment strategies.
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