Nerdy Inc. (NRDY)
Consumer Discretionary · Online Education & Tutoring · NYSE
Nerdy is a live, AI-enabled online tutoring platform that personalizes learning across thousands of subjects for students and professionals.
What Nerdy Inc. does
Nerdy Inc. operates a live online learning and tutoring platform that connects students with subject matter experts. The company provides a comprehensive suite of learning experiences, including one-on-one instruction, small group tutoring, and self-study tools, leveraging proprietary AI technology for learner-expert matching and personalized learning. Following recent strategic changes, the company is focusing exclusively on its direct-to-consumer business model.
Recent developments
In the second quarter of 2026, the company decided to wind down its institutional 'Varsity Tutors for Schools' offering and abandon the 'First Tutors' business to focus resources on its core consumer segment. Consequently, the company lowered its 2026 full-year revenue outlook to $168 million - $175 million to reflect these exits.
From Nerdy Inc.'s filing of 2026-08-06.
Themes: online learning, AI-powered education, direct-to-consumer / DTC, edtech, adaptive learning
Fundamentals
- Price$6.29 as of 2026-10-20 close
- Market cap$77M market cap from Nasdaq, 2026-10-20
- 1-year return-64.2% 2025-10-20 close $17.55 → 2026-10-20 close $6.29
- P/En/a negative earnings
- Net margin-22.3% FY2025, SEC XBRL
- Gross margin+58.0% FY2025, SEC XBRL
- ROE-138.0% FY2025, SEC XBRL
- ROICn/a No figure: its pre-tax income was zero or negative, so there is no tax rate to apply.
- Debt / equity1.13 borrowings, leases excluded / equity — 10-Q/10-K balance sheet 2026-06-30
- Revenue growth (YoY)-5.9% FY2025, SEC XBRL
- Revenue CAGR (3y)+3.2% SEC XBRL
- Beta1.36 as of 2026-09-03
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How NRDY compares in its sector
- net profit marginbottom 10% 315 covered Consumer Discretionary peers, as of 2026-09-03
- operating marginbottom 10% 282 covered Consumer Discretionary peers, as of 2026-09-03
- gross margintop 25% 191 covered Consumer Discretionary peers, as of 2026-09-03
- return on equitybottom 10% 294 covered Consumer Discretionary peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 327 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Quarterly results
| Quarter | Revenue | Gross profit | Operating income | Net income | Diluted EPS | Operating cash flow | Capex |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 2026-06-30 | $43M | $28M | -$6M | -$5M | -$0.04 | -$5M† | $2M† |
| Q1 FY2026 2026-03-31 | $49M | $32M | -$6M | -$4M | -$0.03 | -$2M | $1M |
| Q4 FY2025 2025-12-31 | $49M† | $25M† | -$14M† | -$9M† | -$0.07† | -$3M† | $1M† |
| Q3 FY2025 2025-09-30 | $37M | $23M | -$19M | -$12M | -$0.10 | -$2M† | $2M† |
| Q2 FY2025 2025-06-30 | $45M | $28M | -$12M | -$8M | -$0.07 | -$7M† | $1M† |
| Q1 FY2025 2025-03-31 | $48M | $28M | -$17M | -$10M | -$0.09 | -$6M | $1M |
| Q4 FY2024 2024-12-31 | $48M† | $32M† | -$16M† | -$10M† | -$0.09† | -$11M† | $1M† |
| Q3 FY2024 2024-09-30 | $38M | $26M | -$26M | -$16M | -$0.14 | -$3M† | $2M† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-06-30
- Cash and equivalents$38M
- Total debt$20M borrowings only; leases excluded
- Net debt-$19M total debt − cash − short-term investments
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How Nerdy Inc. looks technically
Nerdy Inc. (NRDY) is trading 49.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 288 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 50, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 32, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 2 trading days ago. It is 71.9% below its highest point of the past year. Trading volume is running unusually high — about 2.3× its 30-day average, a sign of heightened interest.
Trend
7
| Distance from the 200-day | it is trading 49.7% below its 200-day average, the long-term trend line — a long-term downtrend | -49.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $8.79 | $8.79 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $12.51 | $12.51 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 40 calendar days ago — the swings before that are what the structure reading is measured on | 40 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 288 trading days ago — a "death cross", a bearish long-term signal | 288 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 50, with sellers in control | 50.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 32, neither overbought (above 70) nor oversold (below 30) | 32.0 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($5.57 to $8.27) — its "stochastic" reading is 27 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 26.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $22.35 | $22.35 |
|---|---|---|
| From the 52-week high | it is 71.9% below its 52-week high (its highest price of the past year) | -71.9% |
| Above the 52-week low | it is 12.9% above its 52-week low (its lowest price of the past year) | +12.9% |
| Below the 52-week high | it is 71.9% below its highest point of the past year | 71.9% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $202.35 (set on 2021-09-22) | $202.35 |
| Given back of the 52-week move | over the past year its closes ranged ($6.05 to $21.30), and it has recovered essentially none of its fall from last year’s high — 2% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $15.47 to $15.96. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 1.6% |
| From the all-time high | it is 96.9% below its all-time high | -96.9% |
| Nearest price level | it is trading 79.9% below a resistance level at $11.31 — a price it turned at three times since 2024-11-08, most recently on 2026-05-19. Since 2024-10-21 it has 0 such levels below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +79.9% |
| All-time low | its lowest closing price on record is $5.57 (set on 2026-10-19) | $5.57 |
| Above the all-time low | it is 12.9% above its all-time low | +12.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 98% of the past ~6 months) | 98th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4975 between its high and its low — about 7.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4975 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $5.25 and $9.20 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $5.25 – $7.22 – $9.20 |
| Typical daily range (% of price) | its price moves about 7.9% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 7.9% |
| Stretch from the 200-day average | it is trading 12.5 daily ranges below its 200-day average price (49.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 12.5 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 2.3× its 30-day average, a sign of heightened interest | 2.30× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
3
| Since a hammer | 1 session ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 1 session ago |
|---|---|---|
| Since a bullish engulfing | today it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | today |
| Since a bearish engulfing | 7 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 7 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-20 0.8% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.8% |
|---|---|---|
| Open gap | it gapped 2.4% below the previous close 35 sessions ago and has not traded back through the level it left behind at 10.32 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.4% |
| Gap filled | a 2.6% gap down opened on 2026-10-08 has been "filled" 8 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 8 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 30.8 percentage points (the stock lost 29.9% while the market gained 1.0%) | -30.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 52.8 percentage points (the stock lost 49.2% while the market gained 3.6%) | -52.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 63.8 percentage points (the stock lost 55.3% while the market gained 8.5%) | -63.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 78.7 percentage points (the stock lost 64.2% while the market gained 14.6%) | -78.7% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 37% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 32.6% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -36.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 52% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $13.04 — a volume-weighted average of daily closes over 194 sessions, not a true tick-by-tick VWAP. | -51.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 31% below the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is under water. That average is $9.18 — a volume-weighted average of daily closes over 51 sessions, not a true tick-by-tick VWAP. | -31.4% |
Price levels it has turned at before
NRDY last closed at $6.29 on 2026-10-20. Since 2024-10-21 it has turned at 0 prices below its last close and 13 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $11.31 | Resistance | 79.9% above the last close | turned there three times · 2024-11-08 to 2026-05-19 |
| $11.63 | Resistance | 85.0% above the last close | turned there three times · 2025-11-07 to 2026-06-03 |
| $11.96 | Resistance | 90.2% above the last close | turned there twice · 2025-11-18 to 2026-07-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-20.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Trading below the 50-day moving average · Pulled back from the 12-month high · Unusually heavy trading volume · Broke down to a new 20-day low · MACD just crossed bullish (12/26/9) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$24.38 range $18.75 – $30.00
Analyst estimates, as of 2026-10-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for NRDY
- Consensus EPS estimate-$1.05 next reporting period, as of 2026-10-18
- Estimate change, 30 days$0.00 from -$1.05, on 2026-09-13, 35-day window
- Readings revised upward0% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Unprofitable operations and history of net losses","Dependence on the effectiveness of AI and machine learning for platform matching and user experience","Risk of declining active member base or failure to return to durable growth"]
What changed in the latest 10-Q
AI-assisted comparison of NRDY's 10-Q filed 2026-05-07 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Reworded:
- Reference to Annual Report changed from 'year ended December 31, 2024 (the "2024 Annual Report"), filed with the United States Securities and Exchange Commission (the "SEC") on February 27, 2025' in older filing to 'year ended December 31, 2025 (the "2025 Annual Report"), filed with the United States Securities and Exchange Commission (the "SEC") on February 26, 2026' in newer filing
- Notes:
- Text appears truncated at end of both excerpts; comparison limited to provided content
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 3 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 5 days since 2026-10-16 have not been checked yet.
- Last 30 days · read to 2026-10-160 buys · 2 sells ($33996) — 2 selling insiders
- Last 90 days · read to 2026-10-160 buys · 3 sells ($49752) — 2 selling insiders
- Last 180 days · read to 2026-10-164 buys ($950853) · 9 sells ($171665) — 1 buying, 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-16. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about NRDY's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding NRDY as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 5,879,107
- Reported value $4,798,528
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about NRDY's institutional holders → See what each manager we track holds →
Short interest (FINRA)
NRDY had 329,003 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for NRDY because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 329,003
- Prior settlement (shares) 344,490
- Reported change -4.5%
- Days to cover (reported) 24.06
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Chegg (CHGG)
- Coursera (COUR)
- Udemy (UDMY)
- Pearson
- 2U (TWOU)
- Khan Academy
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare NRDY vs…
Frequently asked questions
What does Nerdy Inc. (NRDY) do?
Nerdy Inc. operates a live online learning and tutoring platform that connects students with subject matter experts. The company provides a comprehensive suite of learning experiences, including one-on-one instruction, small group tutoring, and self-study tools, leveraging proprietary AI technology for learner-expert matching and personalized learning. Following recent strategic changes, the company is focusing exclusively on its direct-to-consumer business model.
What sector is Nerdy Inc. (NRDY) in?
Nerdy Inc. (NRDY) is classified in the Consumer Discretionary sector. Its industry is Online Education & Tutoring. It trades on NYSE.
Who are Nerdy Inc.'s (NRDY) competitors?
Notable peers of Nerdy Inc. (NRDY) include Chegg, Coursera, Udemy, Pearson and 2U. This peer set is informational only — not financial advice.
Is Nerdy Inc. (NRDY) overbought or oversold right now?
Nerdy Inc. (NRDY) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 32, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on NRDY come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-20.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.