Wealthfront (NASDAQ:WLTH) Stock Price Up 7.9% Following Better-Than-Expected Earnings

Posted by Francis Steltz on Sep 10th, 2026

Wealthfront (NASDAQ:WLTH – Get Free Report)’s stock price shot up 7.9% during mid-day trading on Thursday following a better than expected earnings announcement. The company traded as high as $10.23 and last traded at $10.2120. 527,726 shares traded hands during trading, a decline of 65% from the average daily volume of 1,496,695 shares. The stock had previously closed at $9.46.

The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $91.87 million for the quarter. The firm’s quarterly revenue was up .9% compared to the same quarter last year.

Analyst Upgrades and Downgrades

WLTH has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased their price target on Wealthfront from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Friday, June 5th. Wall Street Zen upgraded Wealthfront from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Wells Fargo & Company reduced their price objective on Wealthfront from $12.00 to $11.50 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. Weiss Ratings restated a “sell (d)” rating on shares of Wealthfront in a report on Monday, July 6th. Finally, Royal Bank Of Canada set a $11.00 target price on Wealthfront in a research note on Thursday. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.00.

View Our Latest Research Report on WLTH

Insider Transactions at Wealthfront

In other Wealthfront news, Director Jaleh Bisharat sold 8,503 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $9.50, for a total transaction of $80,778.50. Following the transaction, the director directly owned 8,503 shares in the company, valued at approximately $80,778.50. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Kal Iyer sold 28,498 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $8.46, for a total transaction of $241,093.08. Following the sale, the vice president directly owned 225,771 shares of the company’s stock, valued at approximately $1,910,022.66. This trade represents a 11.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 136,565 shares of company stock valued at $1,193,520. 27.36% of the stock is owned by company insiders.

Hedge Funds Weigh In On Wealthfront

Hedge funds and other institutional investors have recently made changes to their positions in the company. Whetstone Capital Advisors LLC increased its position in shares of Wealthfront by 10.6% in the 2nd quarter. Whetstone Capital Advisors LLC now owns 604,160 shares of the company’s stock valued at $5,401,000 after buying an additional 57,753 shares in the last quarter. Squarepoint Ops LLC bought a new position in Wealthfront during the second quarter worth about $90,000. Arizona State Retirement System bought a new stake in shares of Wealthfront in the second quarter worth about $102,000. California State Teachers Retirement System increased its stake in Wealthfront by 21,873.0% during the 2nd quarter. California State Teachers Retirement System now owns 425,177 shares of the company’s stock worth $3,801,000 after purchasing an additional 423,242 shares in the last quarter. Finally, AXQ Capital LP bought a new stake in shares of Wealthfront during the second quarter worth $105,000.

Wealthfront Trading Up 8.6%

The company has a 50 day simple moving average of $9.33 and a 200-day simple moving average of $9.61. The stock has a market cap of $1.53 billion and a price-to-earnings ratio of -9.98.

About Wealthfront

(Get Free Report)

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.