SoFi stock falls after announcing $1.5B public offering of common stock
Nerdwallet Inc’s stock reached a notable milestone, achieving a 52-week high of 15.34 USD. This performance reflects a positive trajectory for the company over the past year, with a 1-year change of 8.05%. According to InvestingPro data, NRDS has delivered impressive short-term momentum with a 4.24% return in the past week and a substantial 42.41% gain over the last six months. The financial advisory platform has seen its stock price climb steadily, driven by a combination of strategic business developments and favorable market conditions. With a robust revenue growth of 24.71% and a P/E ratio of 14.62, Nerdwallet demonstrates solid fundamentals. InvestingPro analysis suggests the stock is currently undervalued compared to its Fair Value, with a "GREAT" overall financial health score. This 52-week high marks a significant point of interest for investors, highlighting the company’s resilience and potential for continued growth in the competitive financial services sector. Discover 10+ additional ProTips and comprehensive metrics in the Pro Research Report available for NRDS and 1,400+ other US equities on InvestingPro.
In other recent news, NerdWallet reported its third-quarter 2025 financial results, significantly surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.34, which was 61.9% higher than the forecasted $0.21. Additionally, NerdWallet’s revenue came in at $215 million, exceeding the anticipated $192.98 million. Truist Securities responded to these results by raising its price target for NerdWallet from $17 to $19 while maintaining a Buy rating. The firm’s decision was influenced by NerdWallet’s improved performance in its Banking, Loans, and Insurance segments, despite ongoing challenges in the Small and Medium Business and Credit Cards divisions. These developments underscore the company’s resilience and adaptability in a competitive market.
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