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Nerdy Secures $50 Million Loan Agreement

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Nerdy Secures $50 Million Loan Agreement

Meet Your ETF AI Analyst

Nerdy ( (NRDY) ) just unveiled an announcement.

On November 3, 2025, Nerdy Inc. entered into a Loan and Security Agreement with Hercules Capital, Inc., securing up to $50 million in term loans. The agreement allows for two tranches, with the first $30 million tranche available immediately and the second $20 million tranche contingent on lender approval. The loan matures on November 1, 2029, and includes interest-only payments for the first 36 months, which can be extended by 12 months upon meeting certain milestones. The loan is secured by the company’s assets, and it includes various covenants and conditions, such as maintaining a minimum cash reserve and limiting additional indebtedness.

The most recent analyst rating on (NRDY) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Nerdy stock, see the NRDY Stock Forecast page.

Spark’s Take on NRDY Stock

According to Spark, TipRanks’ AI Analyst, NRDY is a Neutral.

Nerdy’s stock score reflects strong revenue growth and innovative product development, tempered by significant financial challenges, including negative profitability and cash flow issues. The technical analysis suggests moderate bullish momentum, but valuation concerns remain due to the negative P/E ratio. The earnings call indicates strategic initiatives for future growth, but immediate financial performance issues need resolution.

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

More about Nerdy

Average Trading Volume: 484,731

Technical Sentiment Signal: Sell

Current Market Cap: $179.1M

Learn more about NRDY stock on TipRanks’ Stock Analysis page.

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