In a report released today, Greg Gibas from Northland Securities maintained a Buy rating on Nerdy (NRDY – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $2.65.
According to TipRanks, Gibas is a 5-star analyst with an average return of 17.4% and a 47.42% success rate. Gibas covers the Consumer Cyclical sector, focusing on stocks such as Meritage Hospitality Group, Accel Entertainment, and DraftKings.
Nerdy has an analyst consensus of Strong Buy, with a price target consensus of $4.66, a 75.85% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $5.00 price target.
NRDY market cap is currently $460.3M and has a P/E ratio of -6.29.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nerdy (NRDY) Company Description:
Nerdy operates as a platform offering live online learning. The company’s proprietary platform leverages technology like artificial intelligence to connect learners, including students, users, parents, and purchasers of all age groups, to experts that include subject matter experts, tutors, instructors, and educators.
