Stock fact sheet · data as of
NerdWallet, Inc. (NRDS): fair value, margin of safety and Wheel Score
Communication Services · Internet Content & Information · United States · High Growth
Is NRDS undervalued?
At 10.03 (close of 16 Oct 2026), NRDS trades 72% below the GLS average fair value of 35.23. That average comes from 8 models run on the latest filings, and 7 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns NerdWallet, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between Lynch (3.68) and Payback Time (89.54). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files NRDS under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for NRDS
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 35.61 | +255% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 10.60 | +6% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 15.50 | +54% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 3.68 | -63% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 61.13 | +509% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 54.69 | +445% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 89.54 | +793% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 11.09 | +11% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 2.47 | -75% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 13.33 | +33% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
NerdWallet, Inc. scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. On durability NRDS scores 6.4/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are high - ROIC 13.0%, ROE 13.0%, ROA 10.6% - with debt at 0.00 times equity and a free-cash-flow yield of 23.0%.
NerdWallet, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Consumer 100% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 13.0% |
|---|---|---|---|
| GLS Moat | 6.4 / 10 | ROE | 13.0% |
| Debt / equity | 0.00 | ROA | 10.6% |
| Free-cash-flow yield | 23.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 80: Prime
With a Wheel Score of 80, NerdWallet, Inc. sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 25/25, Health 16/20, Moat 10/15, Premium 17/20, Stability 13/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 71% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (17 of 20) because volatility this high usually comes with a reason. Chain open interest is 3,713 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 806k shares a day on a market cap of $641M, with a beta of 1.25 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 72% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 10 / 15 | moat 6.4/10 | |
| Premium | 17 / 20 | implied volatility 71% | |
| Stability | 13 / 20 | 806k shares/day, $641M cap, beta 1.25 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 5 Nov 2026 (after the close), 20 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Internet Content & Information
The 12 companies below are the closest to NerdWallet, Inc. by market cap within the Internet Content & Information industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| ATHM Autohome Inc. | 20.37 | 58.61 | +65% | 71Good | $619M |
| MAX MediaAlpha, Inc. | 11.68 | 31.26 | +63% | 73Good | $619M |
| MOMO Hello Group Inc. | 4.77 | 35.05 | +86% | 80Prime | $689M |
| CARS Cars.com Inc. | 10.23 | 24.04 | +57% | 81Prime | $572M |
| GRPN Groupon, Inc. | 18.43 | 35.10 | +47% | 45Weak | $749M |
| EVER EverQuote, Inc. | 21.58 | 72.34 | +70% | 73Good | $760M |
| BMBL Bumble Inc. | 5.93 | 35.62 | +83% | 45Weak | $783M |
| TBLA Taboola.com Ltd. | 3.42 | 12.70 | +73% | 82Prime | $924M |
| NXDR Nextdoor Holdings, Inc. | 2.66 | 0.7357 | -262% | 45Weak | $1.0B |
| YELP Yelp Inc. | 19.45 | 108.54 | +82% | 85Prime | $1.1B |
| SOHU Sohu.com Limited | 12.47 | 249.13 | +95% | 64Fair | $375M |
| WBTN WEBTOON Entertainment Inc. Common stock | 9.27 | - | - | 45Weak | $1.3B |
⚖ Compare NRDS with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about NRDS
Is NRDS undervalued right now?
By the GLS models, yes: at 10.03 the stock is 72% below the average fair value of 35.23 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of NRDS and what does it mean?
NRDS scores 80 out of 100 (Prime). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for NRDS?
35.23 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does NerdWallet, Inc. report earnings next?
The next earnings report is due on 5 Nov 2026 (after the close), 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does NRDS have listed options, and how liquid are they?
Yes. The nightly snapshot found 76 listed contracts with 3,713 open interest across all expiries and implied volatility of 71% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.