Nerdy: 3 Reasons To Buy This Speculative Edtech Play [Seeking Alpha]
Nerdy Inc. Class A (NRDY)
Company Research
Source: Seeking Alpha
Summary After tumbling by more than 91% since going public via a SPAC merger in 2021, now may be the time to buy Nerdy stock. Despite disappointing results and guidance in recent quarters, there's still strong potential for this online learning company to experience a game-changing shift to consistent profitability. It all has to do with Nerdy's flagship Varsity Tutors business, which lately has been focusing on the institutional education market. While uncertainty still runs high, weighing this against potential upside suggests that risk/return is highly tilted in one's favor with NRDY stock. Nerdy (NRDY), through its Varsity Tutors subsidiary, is a provider of online educational services like test prep and tutoring. Willie B. Thomas Nerdy NYSE: NRDY ) is yet another busted SPAC stock that may have the potential to pay off for bottom-fishers willing to buy at the bottom. Changing hands for around $1 per share today, NRDY stock is down by over 91% since its September 20
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NRDY
News
- Nerdy Inc. (NRDY): Among the Best AI Penny Stocks to Buy According to Analysts [Yahoo! Finance]Yahoo! Finance
- Nerdy Announces Receipt of Notice From NYSEBusiness Wire
- Nerdy, Inc. (NYSE: NRDY) was downgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "underweight" rating.MarketBeat
- Nerdy, Inc. (NYSE: NRDY) had its price target lowered by analysts at Northland Securities from $3.00 to $2.00. They now have a "market perform" rating on the stock.MarketBeat
- Nerdy Inc (NRDY) Q3 2024 Earnings Call Highlights: Navigating Revenue Declines and Strategic ... [Yahoo! Finance]Yahoo! Finance
NRDY
Earnings
- 11/7/24 - Beat
NRDY
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- NRDY's page on the SEC website