Wealthfront (NASDAQ:WLTH) Trading Down 5.6% – Here’s Why

16 Sep 2026, 15:40 by Mitch Edgeman · The Markets Daily

Wealthfront (NASDAQ:WLTH – Get Free Report) traded down 5.6% during mid-day trading on Wednesday . The company traded as low as $10.34 and last traded at $10.2590. 299,432 shares changed hands during trading, a decline of 81% from the average daily volume of 1,579,355 shares. The stock had previously closed at $10.87.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on WLTH shares. Keefe, Bruyette & Woods lowered their target price on shares of Wealthfront from $11.00 to $10.50 and set a “market perform” rating on the stock in a report on Monday, July 13th. The Goldman Sachs Group restated a “neutral” rating and issued a $10.00 price target on shares of Wealthfront in a research report on Thursday, September 10th. Wall Street Zen raised shares of Wealthfront from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. cut their target price on shares of Wealthfront from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, June 5th. Finally, Royal Bank Of Canada reduced their target price on Wealthfront from $13.00 to $11.00 and set an “outperform” rating on the stock in a report on Thursday, September 10th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Wealthfront has a consensus rating of “Hold” and an average price target of $12.00.

Read Our Latest Research Report on WLTH

Wealthfront Stock Down 6.9%

The business’s fifty day moving average is $9.44 and its two-hundred day moving average is $9.68. The firm has a market cap of $1.51 billion and a price-to-earnings ratio of -10.86.

Wealthfront (NASDAQ:WLTH – Get Free Report) last announced its quarterly earnings data on Wednesday, September 9th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $91.87 million for the quarter. Wealthfront had a negative return on equity of 15.99% and a negative net margin of 19.42%.The company’s revenue for the quarter was up .9% on a year-over-year basis. Research analysts forecast that Wealthfront will post 0.41 EPS for the current year.

Insider Buying and Selling at Wealthfront

In related news, Director Jaleh Bisharat sold 8,504 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $9.39, for a total value of $79,852.56. Following the transaction, the director owned 8,503 shares in the company, valued at $79,843.17. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kenneth Goldman sold 10,000 shares of Wealthfront stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $10.00, for a total value of $100,000.00. Following the completion of the sale, the director owned 49,655 shares of the company’s stock, valued at approximately $496,550. The trade was a 16.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 27,007 shares of company stock worth $260,631 in the last ninety days. 27.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Wealthfront

A number of institutional investors and hedge funds have recently modified their holdings of WLTH. Royal Bank of Canada acquired a new position in Wealthfront during the first quarter valued at approximately $27,000. Strs Ohio acquired a new position in shares of Wealthfront in the 1st quarter valued at $56,000. Squarepoint Ops LLC acquired a new position in shares of Wealthfront in the 2nd quarter valued at $90,000. Arizona State Retirement System bought a new stake in shares of Wealthfront in the 2nd quarter valued at $102,000. Finally, AXQ Capital LP acquired a new stake in Wealthfront during the 2nd quarter worth $105,000.

Wealthfront Company Profile

(Get Free Report)

Wealthfront, Inc is a U.S.-based digital wealth management company that provides automated investing, financial planning and cash management services through an online platform and mobile applications. The company is designed to help individuals manage their finances with technology-driven tools and diversified investment portfolios.