Nerdy
NRDY

$1.82

4%

Market Cap: 198M

About: Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.

Employees: 700

Consumer Discretionary Educational Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 5 analysts

0

News positive %

of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0.56% less ownership

Funds ownership: 65.08% [Q4 2023] → 64.52% (-0.56%) [Q1 2024]

4% less funds holding

Funds holding: 112 [Q4 2023] → 108 (-4) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 37

14% less capital invested

Capital invested by funds: $233M [Q4 2023] → $201M (-$32M) [Q1 2024]

15% less call options, than puts

Call options by funds: $78K | Put options by funds: $92K

21% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 19

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$3.75

106%

upside

Avg. target

$4.15

128%

upside

High target

$5

175%

upside

5 analyst ratings

4 positive

80%

1 neutral

20%

0 negative

0%

Needham Ryan MacDonald	120%upside $4	Buy Reiterated	17 May 2024
Goldman Sachs Eric Sheridan	106%upside $3.75	Neutral Maintained	9 May 2024
Needham Ryan MacDonald	120%upside $4	Buy Reiterated	8 May 2024
JP Morgan Bryan Smilek	175%upside $5	Overweight Assumed	11 Mar 2024
Needham Ryan MacDonald	120%upside $4	Buy Reiterated	28 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about NRDY published over the past 30 days

Nerdy to Announce Second Quarter 2024 Results on August 8, 2024

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced the company will release its second quarter financial results for the period ended June 30, 2024 after the U.S. stock market closes on Thursday, August 8, 2024. Following the release, Nerdy management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the company's financial and operating results. Interested parties in the U.S. may listen to the.

Nerdy to Announce Second Quarter 2024 Results on August 8, 2024

Zacks Investment Research

Nerdy (NRDY) Partners With Clarendon County School District

Varsity Tutors for Schools, Nerdy's (NRDY) leading platform for live online tutoring, boosts market reach by partnering with Clarendon County School District, thus offering free platform access to students.

Nerdy (NRDY) Partners With Clarendon County School District

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Clarendon County School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All Students

MANNING, S.C.--(BUSINESS WIRE)--Clarendon County School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all District students with access to the Varsity Tutors for Schools platform at no cost to the District, students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of powerful resources for school.

Clarendon County School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All Students

Ulysses USD 214 Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All Students

ULYSSES, Kan.--(BUSINESS WIRE)--Ulysses USD 214 today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform at no cost to Ulysses USD 214, students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of powerful resources for school years to come.

Ulysses USD 214 Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All Students

Hamtramck Public Schools Announce Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All Students

HAMTRAMCK, Mich.--(BUSINESS WIRE)--Hamtramck Public Schools today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all students with access to the Varsity Tutors for Schools platform at no cost to Hamtramck Public Schools, students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of powerful resources for school y.

Hamtramck Public Schools Announce Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All Students

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