KeyCorp Has Negative Outlook of Wealthfront FY2027 Earnings

Wealthfront (NASDAQ:WLTH) – KeyCorp lowered their FY2027 earnings estimates for shares of Wealthfront in a research note issued on Friday, January 23rd. KeyCorp analyst A. Markgraff now anticipates that the company will post earnings of $0.45 per share for the year, down from their prior forecast of $0.46. KeyCorp also issued estimates for Wealthfront’s Q4 2027 earnings at $0.14 EPS and FY2028 earnings at $0.57 EPS.

Wealthfront (NASDAQ:WLTH) last issued its quarterly earnings data on Monday, January 12th. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $93.22 million during the quarter.

WLTH has been the subject of several other research reports. The Goldman Sachs Group set a $12.00 price objective on Wealthfront in a report on Tuesday, January 20th. Wells Fargo & Company decreased their price target on shares of Wealthfront from $16.50 to $15.50 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Wall Street Zen upgraded shares of Wealthfront from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Zacks Research upgraded shares of Wealthfront to a “hold” rating in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $13.75.

Wealthfront Price Performance

Shares of NASDAQ WLTH opened at $8.79 on Monday. Wealthfront has a twelve month low of $8.56 and a twelve month high of $14.88.

Hedge Funds Weigh In On Wealthfront

An institutional investor recently bought a new position in Wealthfront stock. Realta Investment Advisors bought a new stake in Wealthfront (NASDAQ:WLTH) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 14,300 shares of the company’s stock, valued at approximately $194,000.

About Wealthfront

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.