NRDY Chart
About

Nerdy Inc. operates platform for live online learning in the United States. The company's platform uses artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. The company operates Varsity Tutors and Varsity Tutors for Schools platform for live online tutoring and classes. It provides solutions directly to learners, as well as through education systems. The company was founded in 2007 and is headquartered in Saint Louis, Missouri.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 167.31M
Enterprise Value 92.21M Income -40.83M Sales 177.87M
Book/sh 0.20 Cash/sh 0.27 Dividend Yield —
Payout 0.00% Employees 600 IPO —
P/E — Forward P/E -29.77 PEG —
P/S 0.94 P/B 4.51 P/C —
EV/EBITDA -1.48 EV/Sales 0.52 Quick Ratio 1.26
Current Ratio 1.43 Debt/Eq 6.31 LT Debt/Eq —
EPS (ttm) -0.35 EPS next Y -0.03 EPS Growth —
Revenue Growth -1.40% Earnings 2026-02-26 ROA -44.88%
ROE -119.54% ROIC — Gross Margin 62.23%
Oper. Margin -51.55% Profit Margin -22.95% Shs Outstand 122.94M
Shs Float 62.15M Short Float 10.08% Short Ratio 8.28
Short Interest — 52W High 1.90 52W Low 0.77
Beta 1.81 Avg Volume 1.15M Volume 673.89K
Target Price $2.08 Recom Hold Prev Close $0.92
Price $0.89 Change -2.96%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.08
Mean price target
2. Current target
$0.89
Latest analyst target
3. DCF / Fair value
$-1.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.89
Low
$1.25
High
$3.00
Mean
$2.08

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-07 main Cantor Fitzgerald Neutral → Neutral $1
2025-08-08 main Cantor Fitzgerald Neutral → Neutral $2
2025-03-03 reit Citizens Capital Markets Market Perform → Market Perform —
2025-03-03 main Goldman Sachs Neutral → Neutral $2
2024-11-11 down JP Morgan Neutral → Underweight —
2024-11-08 main Northland Capital Markets Market Perform → Market Perform $2
2024-11-08 down JMP Securities Market Outperform → Market Perform —
2024-11-08 down Cantor Fitzgerald Overweight → Neutral $1
2024-11-08 reit Needham Buy → Buy $2
2024-08-09 main Needham Buy → Buy $2
2024-08-09 main JMP Securities Market Outperform → Market Outperform $3
2024-08-09 down Northland Capital Markets Outperform → Market Perform $3
2024-08-09 main Barclays Equal-Weight → Equal-Weight $3
2024-08-09 down JP Morgan Overweight → Neutral —
2024-08-09 down Raymond James Outperform → Market Perform —
2024-05-17 reit Needham Buy → Buy $4
2024-05-09 main Goldman Sachs Neutral → Neutral $4
2024-05-08 reit Needham Buy → Buy $4
2024-02-28 reit Needham Buy → Buy $4
2023-11-09 main Goldman Sachs Neutral → Neutral $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 32641 31662 — Sale at price 0.97 per share. SWENSON CHRISTOPHER C. Officer — 2026-02-17 00:00:00 D
1 49814 48320 — Sale at price 0.97 per share. PELLO JASON H. Chief Financial Officer — 2026-02-17 00:00:00 D
2 600000 — — Stock Award(Grant) at price 0.00 per share. SWENSON CHRISTOPHER C. Officer — 2026-02-13 00:00:00 D
3 1000000 — — Stock Award(Grant) at price 0.00 per share. PELLO JASON H. Chief Financial Officer — 2026-02-13 00:00:00 D
4 600000 — — Stock Award(Grant) at price 0.00 per share. PASZTERKO JOHN ANDREW Chief Operating Officer — 2026-02-13 00:00:00 D
5 18457 18642 — Sale at price 1.01 per share. PASZTERKO JOHN ANDREW Chief Operating Officer — 2026-01-16 00:00:00 D
6 35000 46550 — Sale at price 1.33 per share. SWENSON CHRISTOPHER C. Officer — 2025-12-22 00:00:00 D
7 19204 23045 — Sale at price 1.20 per share. SWENSON CHRISTOPHER C. Officer — 2025-12-16 00:00:00 D
8 32006 38407 — Sale at price 1.20 per share. PELLO JASON H. Chief Financial Officer — 2025-12-16 00:00:00 D
9 197242 240635 — Purchase at price 1.22 per share. COHN CHARLES K Chief Executive Officer — 2025-12-16 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00-2.81M5.59M20.29M
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-62.54M-37.41M-110.91M-162.21M
TotalUnusualItems-13.38M26.62M75.15M
TotalUnusualItemsExcludingGoodwill-13.38M26.62M75.15M
NetIncomeFromContinuingOperationNetMinorityInterest-42.59M-40.17M-35.40M-27.32M
ReconciledDepreciation7.57M6.77M6.52M6.39M
ReconciledCostOfRevenue61.84M56.95M49.73M46.70M
EBITDA-62.54M-50.80M-84.29M-87.06M
EBIT-70.11M-57.57M-90.81M-93.44M
NetInterestIncome3.10M3.38M483.00K-3.77M
InterestExpense3.79M
InterestIncome3.10M3.38M483.00K
NormalizedIncome-42.59M-29.60M-56.43M-82.18M
NetIncomeFromContinuingAndDiscontinuedOperation-42.59M-40.17M-35.40M-27.32M
TotalExpenses260.34M250.97M253.47M234.11M
TotalOperatingIncomeAsReported-70.11M-57.57M-90.81M-96.45M
DilutedAverageShares111.69M97.16M85.87M79.24M
BasicAverageShares111.69M97.16M85.87M79.24M
DilutedEPS-0.38-0.41-0.41-0.05
BasicEPS-0.38-0.41-0.41-0.05
DilutedNIAvailtoComStockholders-42.59M-40.17M-35.40M-3.78M
NetIncomeCommonStockholders-42.59M-40.17M-35.40M-3.78M
OtherunderPreferredStockDividend0.000.00-23.55M
NetIncome-42.59M-40.17M-35.40M-27.32M
MinorityInterests24.56M27.50M28.51M3.35M
NetIncomeIncludingNoncontrollingInterests-67.14M-67.67M-63.91M-30.68M
NetIncomeContinuousOperations-67.14M-67.67M-63.91M-30.68M
TaxProvision115.00K109.00K19.00K40.00K
PretaxIncome-67.03M-67.56M-63.89M-30.64M
OtherIncomeExpense-23.00K-13.37M26.44M66.58M
OtherNonOperatingIncomeExpenses-23.00K19.00K-183.00K-8.57M
SpecialIncomeCharges0.000.004.11M
OtherSpecialCharges-7.12M
ImpairmentOfCapitalAssets0.000.003.01M
GainOnSaleOfSecurity-13.38M26.62M71.04M
NetNonOperatingInterestIncomeExpense3.10M3.38M483.00K-3.77M
TotalOtherFinanceCost-3.38M-483.00K3.77M
InterestExpenseNonOperating3.79M
InterestIncomeNonOperating3.10M3.38M483.00K
OperatingIncome-70.11M-57.57M-90.81M-93.44M
OperatingExpense198.50M194.02M203.74M187.41M
SellingGeneralAndAdministration198.50M194.02M203.74M187.41M
SellingAndMarketingExpense71.62M68.45M74.18M65.44M
GeneralAndAdministrativeExpense126.88M125.57M129.56M121.97M
OtherGandA126.88M125.57M129.56M121.97M
GrossProfit128.39M136.45M112.93M93.96M
CostOfRevenue61.84M56.95M49.73M46.70M
TotalRevenue190.23M193.40M162.66M140.66M
OperatingRevenue190.23M193.40M162.66M140.66M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber117.70M106.42M95.30M83.91M
ShareIssued117.70M106.42M95.30M83.91M
TotalDebt928.00K1.32M1.53M0.00
TangibleBookValue31.33M43.70M37.64M40.52M
InvestedCapital39.48M52.48M46.93M50.66M
WorkingCapital36.39M59.43M70.33M113.54M
NetTangibleAssets31.33M43.70M37.64M40.52M
CapitalLeaseObligations928.00K1.32M1.53M0.00
CommonStockEquity39.48M52.48M46.93M50.66M
TotalCapitalization39.48M52.48M46.93M50.66M
TotalEquityGrossMinorityInterest61.11M85.61M81.05M95.81M
MinorityInterest21.63M33.13M34.12M45.14M
StockholdersEquity39.48M52.48M46.93M50.66M
GainsLossesNotAffectingRetainedEarnings19.00K31.00K-12.00K136.00K
OtherEquityAdjustments19.00K31.00K-12.00K136.00K
RetainedEarnings-557.87M-515.28M-475.11M-439.71M
AdditionalPaidInCapital597.31M567.71M522.03M490.22M
CapitalStock18.00K18.00K16.00K15.00K
CommonStock18.00K18.00K16.00K15.00K
PreferredStock0.00
TotalLiabilitiesNetMinorityInterest31.39M39.14M51.64M81.34M
TotalNonCurrentLiabilitiesNetMinorityInterest3.07M3.53M14.31M39.43M
OtherNonCurrentLiabilities3.07M3.53M14.31M39.43M
PreferredSecuritiesOutsideStockEquity0.00
CurrentLiabilities28.33M35.60M37.33M41.91M
OtherCurrentLiabilities2.11M1.59M1.70M2.93M
CurrentDeferredLiabilities15.26M20.48M25.54M30.00M
CurrentDeferredRevenue15.26M20.48M25.54M30.00M
CurrentDebtAndCapitalLeaseObligation928.00K1.32M1.53M
CurrentCapitalLeaseObligation928.00K1.32M1.53M0.00
PensionandOtherPostRetirementBenefitPlansCurrent2.78M3.40M2.07M1.96M
PayablesAndAccruedExpenses7.25M8.82M6.50M7.02M
CurrentAccruedExpenses3.82M4.35M2.51M1.84M
Payables3.43M4.46M3.98M5.18M
DuetoRelatedPartiesCurrent0.00841.00K
TotalTaxPayable874.00K1.02M782.00K746.00K
AccountsPayable2.56M3.44M3.20M3.59M
TotalAssets92.51M124.74M132.69M177.15M
TotalNonCurrentAssets27.79M29.71M25.04M21.70M
OtherNonCurrentAssets2.50M4.54M3.24M832.00K
GoodwillAndOtherIntangibleAssets8.15M8.78M9.29M10.14M
OtherIntangibleAssets2.43M3.06M3.57M4.43M
Goodwill5.72M5.72M5.72M5.72M
NetPPE17.15M16.39M12.50M10.72M
AccumulatedDepreciation-34.06M-27.11M-23.66M-17.75M
GrossPPE51.21M43.49M36.16M28.47M
Leases1.94M1.85M1.49M1.49M
OtherProperties800.00K800.00K800.00K800.00K
MachineryFurnitureEquipment48.46M40.84M33.88M26.18M
Properties0.000.000.000.00
CurrentAssets64.71M95.04M107.66M155.45M
OtherCurrentAssets1.12M1.69M1.64M2.58M
PrepaidAssets3.72M3.13M3.71M3.59M
Receivables7.33M15.40M11.60M5.32M
AccountsReceivable7.33M15.40M11.60M5.32M
CashCashEquivalentsAndShortTermInvestments52.54M74.82M90.72M143.96M
CashAndCashEquivalents52.54M74.82M90.72M143.96M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-22.47M-14.45M-53.32M-44.05M
RepaymentOfDebt0.000.00-50.00M
IssuanceOfDebt0.000.0011.00M
CapitalExpenditure-6.86M-6.89M-5.32M-5.16M
InterestPaidSupplementalData1.58M2.44M2.40M4.07M
IncomeTaxPaidSupplementalData117.00K93.00K38.00K0.00
EndCashPosition52.67M75.14M91.55M145.88M
BeginningCashPosition75.14M91.55M145.88M30.68M
EffectOfExchangeRateChanges-1.00K-20.00K-13.00K1.00K
ChangesInCash-22.47M-16.39M-54.32M115.20M
FinancingCashFlow0.00-1.94M-1.00M159.25M
CashFlowFromContinuingFinancingActivities0.00-1.94M-1.00M159.25M
NetOtherFinancingCharges-1.94M-1.00M198.25M
ProceedsFromStockOptionExercised0.00-1.94M0.000.00
NetIssuancePaymentsOfDebt0.000.00-39.00M
NetShortTermDebtIssuance0.00
ShortTermDebtPayments0.00
NetLongTermDebtIssuance0.000.00-39.00M
LongTermDebtPayments0.000.00-50.00M
LongTermDebtIssuance0.000.0011.00M
InvestingCashFlow-6.86M-6.89M-5.32M-5.16M
CashFlowFromContinuingInvestingActivities-6.86M-6.89M-5.32M-5.16M
CapitalExpenditureReported-6.86M-6.89M-5.32M-5.16M
OperatingCashFlow-15.60M-7.56M-48.00M-38.89M
CashFlowFromContinuingOperatingActivities-15.60M-7.56M-48.00M-38.89M
ChangeInWorkingCapital2.88M-6.26M-11.24M4.01M
ChangeInOtherWorkingCapital-5.22M-5.06M-4.47M12.73M
ChangeInOtherCurrentLiabilities-1.61M1.58M-1.46M-137.00K
ChangeInOtherCurrentAssets1.81M1.50M1.36M-2.89M
ChangeInPayablesAndAccruedExpense-170.00K-474.00K-391.00K-856.00K
ChangeInPayable-170.00K-474.00K-391.00K-856.00K
ChangeInAccountPayable-170.00K-474.00K-391.00K-856.00K
ChangeInReceivables8.06M-3.80M-6.28M-4.85M
ChangesInAccountReceivables8.06M-3.80M-6.28M-4.85M
OtherNonCashItems1.94M2.12M
StockBasedCompensation41.09M44.27M47.24M54.42M
AssetImpairmentCharge0.000.003.01M
DepreciationAmortizationDepletion7.57M6.77M6.52M6.39M
DepreciationAndAmortization7.57M6.77M6.52M6.39M
AmortizationCashFlow614.00K606.00K602.00K1.07M
AmortizationOfIntangibles614.00K606.00K602.00K1.07M
Depreciation6.96M6.17M5.92M5.32M
OperatingGainsLosses13.38M-26.62M-78.16M
GainLossOnInvestmentSecurities13.38M-26.62M-71.04M
NetIncomeFromContinuingOperations-67.14M-67.67M-63.91M-30.68M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NRDY
Date User Asset Broker Type Position Size Entry Price Patterns