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How to Buy Nerdwallet Stock

Nerdwallet Inc

NerdWallet, Inc. 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.

Nerdwallet stock last closed at $16.91, up 0.24% from the previous day, and has decreased 17.19% in one year. It has underperformed other stocks in the Credit Services industry by 0.33 percentage points. Nerdwallet stock is currently +165.05% from its 52-week low of $6.38, and -21.86% from its 52-week high of $21.64.

There are currently 77.01M shares of NRDS outstanding. The market capitalization of NRDS is $1.30B. In the last 24 hours, 420,817 NRDS shares were traded.

How to Buy Nerdwallet Stock

Wondering how to invest in Nerdwallet stock? Here's how.
  1. Decide where to buy Nerdwallet stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Nerdwallet stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your payment method and add your details.
  4. Evaluate Nerdwallet stock: The Nerdwallet ticker symbol is NRDS. Is Nerdwallet stock a good investment? Should you buy shares of NRDS? How do NRDS's underlying business fundamentals look? Do top analysts think Nerdwallet is a good buy? Why has NRDS's stock price moved recently? (Hint: Our stock research website can help you figure out if NRDS is a good stock to buy).
  5. Place your NRDS buy order: Decide if you will purchase NRDS shares at the current market price or use a limit order to purchase NRDS stock at a specific price.
  6. Track your NRDS investment: Create a watchlist to key updates about your new investment in Nerdwallet shares.

Step 1: Decide where to buy Nerdwallet stock

You need an online brokerage account to access the NASDAQ market and buy NRDS shares.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal info so you can invest in NRDS stock today.

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Step 3: Fund your brokerage account

Now that you have created your account on a mobile trading app, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of depositing money into your investment account.

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Step 4: Evaluate Nerdwallet stock

Once you have decided on the best place to buy Nerdwallet stock, it's crucial to research their stock before you buy, so you can comprehend the risk and opportunity.

Nerdwallet stock at a glance

NRDS Price
$16.91
1w %
1.81%
1y %
-17.19%
5y %
N/A
P/E
-112.73x
P/B
3.55x
P/S
2.16x
PEG
N/A
Revenue
$599.40M
Earnings
-$11.80M
Fore. Rev. Growth
8.88%
Fore. Earn. Growth
N/A
Market Cap
$1.30B
Next Earnings
Apr 30, 2024
Next Dividend
N/A

Nerdwallet Overview

WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on NRDS's stock page.

Is NRDS stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge NRDS's true value.

Using relative valuations metrics:

  • NRDS may be undervalued based on its P/B ratio of 3.55x, relative to Credit Services industry P/B ratio of 4.96x

You can access more valuation analysis on NRDS's stock here.

NRDS Financial Summary

Pros:

  • There are more short-term assets than short-term liabilities on the NRDS balance sheet.
  • There are more short-term assets than long-term liabilities on the NRDS balance sheet.
  • NRDS's operating cash flow of $72.10M allows it to safely service it's debt of $0.00.
  • NRDS earnings of $7.10M is not sufficient to cover its interest payments.
  • NRDS has a low debt to equity ratio of 0.14.

Cons:

  • NRDS profit margin has gone down from -1.9% to -2% in the past year.

Do analysts think it's a good time to buy NRDS stock

Out of 5 Wall Street analysts who research NRDS, the consensus analyst rating on NRDS is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Nerdwallet stock forecast page.

NRDS Trading Indicators

SMA10
16.59
SMA20
16.07
SMA50
15.29
SMA100
12.99
SMA200
11.26
MACD
0.5
MACD Signal
0.48
MACD Histogram
0.02
RSI
59.78
Stochastic %K
81.64
Stochastic %D
83.76
StochRSI %K
43.93
StochRSI %D
52.88

NRDS Earnings

Last year, NRDS revenue was $599.40M. Over the past four year, NRDS's revenue has increased by 27.29% per year. This was faster than the Credit Services industry average of 9.53%.

You can analyze NRDS's earnings and revenue performance here.

What are NRDS insiders up to?

Over the last year, insiders at NRDS have sold more shares than they have bought.

Samuel Yount, VP General Manager of NRDS, was the latest NRDS insider to sell. They sold $101,984.99 worth of NRDS shares on Feb 23, 2024.

Research more about who owns NRDS shares here.

Does NRDS stock generate passive income?

No, Nerdwallet doesn't provide an income stream by paying out dividends.

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Step 5: Place your NRDS buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, use a limit order.

Click the Open button and your broker will execute your order.

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Step 6: Track your NRDS investment

Now that you own some NRDS stock, you'll want to keep up with your new stock purchase.

Put NRDS on a watchlist to track the most important metrics related to your NRDS stock.

NRDS Feed

How to Buy Stock in Nerdwallet

To summarize, here are the 6 steps to buy Nerdwallet stock:

  1. Decide where to buy Nerdwallet stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Evaluate Nerdwallet stock
  5. Place your NRDS buy order
  6. Track your NRDS investment

If you require a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your investment in Nerdwallet, add NRDS to your watchlist below.

NASDAQ: NRDS
$16.91+0.04 (+0.24%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: NRDS
$16.91+0.04 (+0.24%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nerdwallet share?

As of Mar 1, 2024, it costs $16.91 to buy one share of Nerdwallet stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.473 shares of NRDS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nerdwallet stock?

According to 5 Wall Street analysts who monitor Nerdwallet, their consensus recommendation is to buy Nerdwallet stock.

What is the best way to buy Nerdwallet stock?

One way to place an order for Nerdwallet stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.