Wealthfront (NASDAQ:WLTH – Get Free Report) was upgraded by stock analysts at Zacks Research to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.
WLTH has been the subject of a number of other research reports. Wall Street Zen cut Wealthfront from a “hold” rating to a “sell” rating in a research report on Thursday. Wells Fargo & Company decreased their target price on Wealthfront from $16.50 to $15.50 and set an “overweight” rating for the company in a report on Tuesday. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Wealthfront presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.50.
View Our Latest Research Report on Wealthfront
Wealthfront Trading Down 6.4%
Wealthfront (NASDAQ:WLTH – Get Free Report) last announced its earnings results on Monday, January 12th. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $93.22 million for the quarter.
More Wealthfront News
Here are the key news stories impacting Wealthfront this week:
- Positive Sentiment: Wells Fargo kept an “overweight” rating and a $15.50 price target (down from $16.50), implying sizable upside vs. the current market price. That continuing analyst endorsement could support demand once coverage resumes. Wells Fargo Price Target Note
- Neutral Sentiment: Wealthfront reported quarterly results showing $0.21 EPS and $93.22M revenue; investors will watch guidance and asset‑growth metrics for signs of scaling and profitability. Quarterly Results / MarketBeat
- Neutral Sentiment: The IPO quiet period expires Jan. 21, after which the underwriting brokerages are likely to initiate research coverage — a potential catalyst for renewed interest but uncertain in direction. The company issued ~34.6M shares in the Dec. 12 offering. Quiet Period Expiry
- Negative Sentiment: Robbins Geller announced an investigation into whether Wealthfront and certain executives made materially false or misleading statements — increased legal and disclosure risk that can pressure the share price and increase volatility. Robbins Geller Investigation
- Negative Sentiment: Faruqi & Faruqi also launched an investigation tied to the post‑IPO stock decline, signaling mounting class‑action scrutiny that may weigh on sentiment and increase legal costs or distraction for management. Faruqi & Faruqi Investigation
Wealthfront Company Profile
Wealthfront (NASDAQ:WLTH) is a technology-driven wealth management firm that provides automated investment services to individual investors. Operating as a robo-advisor, the company uses algorithms and software to construct and manage diversified portfolios largely composed of low-cost exchange-traded funds (ETFs). Its platform is geared toward long-term, goal-based investing with an emphasis on passive strategies, automated rebalancing and straightforward user experience delivered through web and mobile applications.
The company’s product suite includes automated portfolio management, tax-loss harvesting and goal-planning tools that help clients set and track financial objectives.
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