Wealthfront (NASDAQ:WLTH) Raised to “Hold” at Zacks Research

Wealthfront (NASDAQ:WLTH) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company dropped their target price on Wealthfront from $16.50 to $15.50 and set an “overweight” rating for the company in a research report on Tuesday. Wall Street Zen lowered shares of Wealthfront from a “hold” rating to a “sell” rating in a report on Thursday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $15.50.

Wealthfront Trading Down 6.4%

Shares of NASDAQ:WLTH opened at $9.50 on Thursday. Wealthfront has a one year low of $9.45 and a one year high of $14.88.

Wealthfront (NASDAQ:WLTH) last posted its earnings results on Monday, January 12th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $93.22 million for the quarter.

Trending Headlines about Wealthfront

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.