![]() In addition, its trailing-12-month EPS was negative $0.41. However, its trailing-12-month operating income stood at a negative $25.50 million, while its net income was negative $38 million. NRDS' trailing-12-month revenue came in at $336.80 million. He initiated the stock with an equal weight rating and $24 price target, citing cyclicality and margin implications of sales and marketing spending. But Morgan Stanley's James Faucette offered a less optimistic view of the company. We believe that NerdWallet is well-positioned to capture market share across the different verticals," said Bank of America analyst Nat Schindler. "NerdWallet's $73 billion global total addressable market is massive with secular tailwinds from offline-to-online shifts. NRDS stock now has an $845.32 million market capitalization. But Wall Street analysts' $31.14 median price target indicates a potential 142.5% upside from its last closing price. NRDS shares have slumped 16.2% over the past month to close yesterday's trading session at $12.84. However, the stock has declined 54.6% in price since it started trading. The company sold 7.25 million shares at $18-the midpoint of its proposed $17 - $19 range-raising $130.5 million. The company's shares jumped 48% in price in their stock market debut on Nov. ( NRDS ) operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small- and mid-sized businesses with financial products providers. So, is the recent IPO a buy now? Keep reading to learn our view. Nevertheless, Wall Street analysts are bullish on the stock. However, NRDS' shares have since plummeted more than 50% in price, to close the last trading session at $12.84. Personal finance company NerdWallet (NRDS) made a stellar stock market debut last November.
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