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NerdWallet Amends Credit Agreement for Flexibility

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NerdWallet Amends Credit Agreement for Flexibility

Confident Investing Starts Here:

NerdWallet, Inc. Class A ( (NRDS) ) has issued an update.

On June 13, 2025, NerdWallet, Inc. amended its Credit Agreement with JPMorgan Chase Bank and a syndicate of lenders. The amendment allows certain subsidiaries to make acquisitions and permits the company to invest up to $20 million in unrestricted subsidiaries annually, enhancing operational flexibility.

The most recent analyst rating on (NRDS) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on NerdWallet, Inc. Class A stock, see the NRDS Stock Forecast page.

Spark’s Take on NRDS Stock

According to Spark, TipRanks’ AI Analyst, NRDS is a Outperform.

NerdWallet’s strong financial performance and encouraging earnings call highlights drive the overall positive score. Technical analysis presents a neutral view, while valuation reflects moderate pricing. The company’s growth prospects are balanced by challenges in certain segments.

To see Spark’s full report on NRDS stock, click here.

More about NerdWallet, Inc. Class A

NerdWallet, Inc. operates in the financial services industry, providing consumers with advice and tools to make informed financial decisions. The company focuses on personal finance, offering products and services such as credit card comparison, loan information, and financial planning resources.

Average Trading Volume: 476,525

Technical Sentiment Signal: Sell

Current Market Cap: $812.9M

Find detailed analytics on NRDS stock on TipRanks’ Stock Analysis page.

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