Nerdy, Inc. (NRDY)

NYSE: NRDY · IEX Real-Time Price · USD
3.43
-0.09 (-2.56%)
At close: Dec 29, 2023, 4:00 PM
3.50
+0.07 (2.04%)
After-hours: Dec 29, 2023, 7:34 PM EST
-2.56%
Market Cap 588.66M
Revenue (ttm) 180.12M
Net Income (ttm) -43.25M
Shares Out 171.62M
EPS (ttm) -0.46
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 795,693
Open 3.52
Previous Close 3.52
Day's Range 3.42 - 3.60
52-Week Range 2.16 - 5.37
Beta 1.89
Analysts Buy
Price Target 4.75 (+38.48%)
Earnings Date Feb 27, 2024

About NRDY

Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including AI to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group classes, large format group classes, coding, tutor ch... [Read more]

Sector Technology
Founded 2007
Employees 700
Stock Exchange NYSE
Ticker Symbol NRDY
Full Company Profile

Financial Performance

In 2022, Nerdy's revenue was $162.67 million, an increase of 15.64% compared to the previous year's $140.66 million. Losses were -$35.40 million, 836.7% more than in 2021.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for NRDY stock is "Buy." The 12-month stock price forecast is $4.75, which is an increase of 38.48% from the latest price.

Price Target
$4.75
(38.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Nerdy, Inc. (NYSE: NRDY)

NEW YORK , Nov. 27, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Nerdy, Inc. (NYSE: NRDY) on behalf of the company's shareholders. The investigation seeks to determi...

4 weeks ago - PRNewsWire

Nerdy to Participate in Raymond James TMT and Consumer Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the Raymond James TM...

5 weeks ago - Business Wire

Nerdy Announces Third Quarter 2023 Financial Results

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the third quarter ended September 30, 2023. “In the third quarter, our strong first half of the year continued...

7 weeks ago - Business Wire

Nerdy to Announce Third Quarter 2023 Results on November 7, 2023

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced the company will release its third quarter financial results for the period...

2 months ago - Business Wire

New Jersey Department of Education Selects Varsity Tutors for State's High-Impact Tutoring Program

ST. LOUIS--(BUSINESS WIRE)--In a significant move to bolster academic recovery and accelerate learning for New Jersey students, Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the premier...

4 months ago - Business Wire

Nerdy to Participate in Goldman Sachs Communacopia & Technology Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the Goldman Sachs Co...

4 months ago - Business Wire

8 Best Artificial Intelligence Stocks Under $10

Looking for the best AI stocks to buy now? You might have to get in line — artificial intelligence is one of 2023's hottest market trends, and several companies in the industry have already seen massi...

4 months ago - MarketBeat

Ohio Department of Education Partners with Varsity Tutors to Accelerate Student Learning and Recovery

ST. LOUIS--(BUSINESS WIRE)--Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, is proud to announce its selection by the Ohio Department of Edu...

4 months ago - Business Wire

Nerdy Announces Second Quarter 2023 Financial Results

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the second quarter ended June 30, 2023. “Our strong start to the year continued into the second quarter. The b...

5 months ago - Business Wire

Nerdy to Announce Second Quarter 2023 Results on August 8, 2023

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 perio...

5 months ago - Business Wire

Nerdy to Participate in Canaccord Genuity Annual Growth Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the Canaccord Genuit...

5 months ago - Business Wire

CORRECTING and REPLACING  Varsity Tutors, Warner Bros. Discovery Global Consumer Products, and DC Partner on Draw-Along Series Featuring The Flash

BURBANK, Calif. & ST. LOUIS--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: VARSITY TUTORS, WARNER BROS. DISCOVE...

7 months ago - Business Wire

Varsity Tutors, Warner Bros. Discovery Global Consumer Products, and DC Partner on Draw-Along Series Featuring The Flash

BURBANK, Calif. & ST. LOUIS--(BUSINESS WIRE)--Varsity Tutors, a Nerdy (NYSE: NRDY) company and one of the nation's largest platforms for live online tutoring and classes, in partnership with Warner Br...

7 months ago - Business Wire

Nerdy Announces First Quarter 2023 Financial Results

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the first quarter ended March 31, 2023. “One year ago, we unveiled an ambitious plan to evolve our products an...

8 months ago - Business Wire

Nerdy to Participate in J.P. Morgan Global Technology, Media and Communications Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the J.P. Morgan Glob...

8 months ago - Business Wire

Nerdy to Participate in Needham Technology & Media Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the Needham Technolo...

8 months ago - Business Wire

Nerdy to Announce First Quarter 2023 Results on May 9, 2023

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced the company will release its first quarter financial results for the period...

9 months ago - Business Wire

Diamond Disruptor: Meet The Nerdy King Of Bargain Bling

Prices for old-fashioned mined diamonds remain robust, for now.

9 months ago - Forbes

Nerdy Announces Fourth Quarter 2022 Financial Results

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the fourth quarter ended December 31, 2022. “Last May we unveiled our plan to evolve our products and revenue ...

10 months ago - Business Wire

Nerdy to Participate in JMP Securities Technology Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the JMP Securities T...

11 months ago - Business Wire

Nerdy to Announce Fourth Quarter and Full Year 2022 Results on February 28, 2023

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced the company will release its fourth quarter and full year financial results...

11 months ago - Business Wire

January jobs report, Apple Q1 earnings, Nerdy stock surges on AI products: 3 things to watch markets

Yahoo Finance Live anchors Julie Hyman, Brian Sozzi, and Brad Smith recap the January jobs report, Apple's first-quarter earnings, and why Nerdy stock is surging on Friday.

Other symbols: AAPL
11 months ago - Yahoo Finance

Nerdy Announces New AI-Enabled Products, Including an AI-Generated Lesson Plan Creator and AI-Enabled Chat Tutoring

ST. LOUIS--(BUSINESS WIRE)--Varsity Tutors, a Nerdy Inc. (NYSE:NRDY) company, and developer of the popular online tutoring platform used by students from elementary school through college and adults...

11 months ago - Business Wire

Polk County Public Schools Launches Teacher-Led Tutoring Program

BARTOW, Fla. & ST. LOUIS--(BUSINESS WIRE)--Polk County Public Schools (PCPS) and Varsity Tutors have launched a new online tutoring partnership that brings live instruction and lessons to 40,000 stu...

1 year ago - Business Wire

Nerdy to Participate in Needham Virtual Growth Conference

ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced that management will participate in a fireside chat at the Needham Virtua...

1 year ago - Business Wire