Wealthfront Corp is a US-listed company in the consumer finance industry. Its financial year ends in January.
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~$6.0
Valuation models combined (4)
Base case. Range ~$2.9–$11. Weighted average of 4 models (justified price-to-book, price-to-book vs return on equity (peers), price-to-book vs peers, forward price-to-earnings vs peers).
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Wealthfront Corp valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to July 2026 was $372m. Our valuation models combined value is $7.94 a share, against a share price of $10.65.
Source: 10-Q filed September 14, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Wealthfront Corp's trailing-twelve-month revenue grew 9.8% year on year, with a free-cash-flow margin of 37.9%.
Current signal Net margin compressing: TTM net margin fell to -19.4%, down 55.7pp year over year.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Company announcements, filed results and changes that matter to shareholders.
We value Wealthfront Corp as a bank or lender, with every model that fits that kind of business. Cost of equity 8.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.78 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$44 ~$31–$66 | Left out: far from the other models (more than 3x away from their median) |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$2.9 ~$2.5–$3.6 | Included |
| Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. | ~$11 ~$8.4–$13 | Included |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$3.3 ~$4.3–$6.4 | Included |
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$7.1 ~$6.8–$8.6 | Included |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: pays no regular dividend |
| Combined value Weighted average of the models that apply: the primary model (residual income) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$6.0 ~$2.9–$11 | 4 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Wealthfront Corp with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $0.65 | −46% | $374m | +3% |
| Next | $0.73 | +14% | $436m | +17% |
Next year's EPS estimate has moved −6.4% in 90 days, across 4 analysts.
The consensus EPS forecast for the current fiscal year is −4.1% on 90 days ago. In the last 30 days, 3 analysts raised Wealthfront Corp's forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $0.67 | $0.79 |
| 60 days ago | $0.67 | $0.78 |
| 30 days ago | $0.66 | $0.77 |
| 7 days ago | $0.65 | $0.74 |
| Now | $0.65 | $0.73 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jul 2026 | $0.16 | $0.18 | +15.4% |
| Apr 2026 | $0.16 | $0.15 | −4.1% |
| Jan 2026 | $0.23 | $0.26 | +14.3% |
| Oct 2025 | $0.20 | $0.26 | +30.2% |
Adjusted EPS as companies report it, against the average analyst estimate.
| Calendar year | 2026 to date |
|---|---|
| Return | |
| WLTH | −23% |
| Industry peers (median) | +1% |
| S&P 500 | +11% |
| Months that ended higher | |
| WLTH | 55% |
| S&P 500 | 46% |
| Largest fall from a high during the year | |
| WLTH | −47% |
| S&P 500 | −9% |
Worst fall since December 15, 2025: 48% from December 15, 2025 to February 12, 2026. Getting back needed a 94% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| September 9, 2026 | +13.0% | −1.1% | +5.6% | +13.1% |
| June 4, 2026 | −16.2% | −2.2% | −25.0% | −19.5% |
| March 11, 2026 | −11.6% | −1.6% | −8.6% | +11.1% |
| January 12, 2026 | −18.4% | 0.0% | −31.4% | −38.6% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY26 Q2 | $338.6M |
| FY26 Q3 | $351.5M |
| FY26 Q4 | $365M |
| FY27 Q1 | $371M |
| FY27 Q2 | $371.7M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY26 Q3 | 38.3% |
| FY26 Q4 | 40.6% |
| FY27 Q1 | 35.8% |
| FY27 Q2 | 37.9% |
| Fiscal year | 2024 Jan 2024 | 2025 Jan 2025 | 2026 Jan 2026 | LTM Jul 2026 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 217 | 309 | 365 | 372 |
| Gross profit | 194 | 278 | 327 | 331 |
| Net income | 77 | 194 | −42 | −72 |
| Diluted EPS | $0.54 | $1.31 | −$0.76 | — |
| Growth (year on year) | ||||
| Revenue | — | +42.5% | +18.2% | +9.8% |
| Net income | — | +152.6% | −121.6% | −158.8% |
| Diluted EPS | — | +142.6% | −158.0% | — |
| Margins | ||||
| Gross margin | 89.4% | 90.0% | 89.6% | 89.1% |
| Net margin | 35.5% | 63.0% | −11.5% | −19.4% |
| Cash flow | ||||
| Cash from operations | 73 | 123 | 152 | 145 |
| Stock-based pay | 12 | 9 | 260 | 290 |
| Balance sheet | ||||
| Cash | 87 | 143 | 441 | 453 |
| Total debt | 0 | — | — | 5 |
| Net debt (negative = net cash) | −87 | −143 | −441 | −448 |
| Diluted shares | 144m | 139m | 57m | — |
| Returned to shareholders | ||||
| Buybacks | 0 | 37 | 0 | 60 |
| Total returned | 0 | 37 | 0 | 60 |
| Quarter | 2025 Q3 Oct 2024 | 2025 Q4 Jan 2025 | 2026 Q1 Apr 2025 | 2026 Q2 Jul 2025 | 2026 Q3 Oct 2025 | 2026 Q4 Jan 2026 | 2027 Q1 Apr 2026 | 2027 Q2 Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 80 | 83 | 85 | 91 | 93 | 96 | 90 | 92 |
| Gross profit | 72 | 74 | 76 | 82 | 83 | 87 | 81 | 81 |
| Net income | 30 | 32 | 26 | 35 | 31 | −134 | 13 | 18 |
| Diluted EPS | $0.22 | $0.23 | $0.18 | $0.24 | $0.21 | −$1.40 | $0.07 | $0.10 |
| Growth (year on year) | ||||||||
| Revenue | — | — | — | — | +16.1% | +16.3% | +7.1% | +0.8% |
| Net income | — | — | — | — | +2.8% | −516.5% | −50.5% | −48.9% |
| Diluted EPS | — | — | — | — | −4.5% | −708.7% | −61.1% | −58.3% |
| Margins | ||||||||
| Gross margin | 90.1% | 89.7% | 89.7% | 89.5% | 89.1% | 90.0% | 89.0% | 88.3% |
| Net margin | 37.4% | 38.8% | 30.7% | 38.1% | 33.1% | −139.0% | 14.2% | 19.3% |
| Cash flow | ||||||||
| Cash from operations | — | 20 | 38 | 39 | 41 | 33 | 23 | 47 |
| Stock-based pay | 3 | 2 | 2 | 2 | 8 | 248 | 17 | 16 |
| Last 12 months unless stated | WLTH | OPFI | CPSS | MFIN | WRLD | NAVI | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $372m | $364m | $475m | $247m | $592m | $600m | $1.5bn |
| Revenue growth, last 12 months | 9.8% | 0.2% | 10.4% | 5.2% | 4.3% | −35.6% | 10.3% |
| Revenue growth, 3-year average | — | 16.0% | 11.5% | 11.1% | −0.4% | −23.7% | 11.3% |
| Revenue growth, latest quarter | 0.8% | −14.0% | 21.7% | −1.4% | 4.8% | −3.8% | 10.0% |
| Net margin | −19.4% | 28.0% | 5.0% | 13.1% | 6.6% | −8.2% | 10.2% |
| Cash from operations / revenue | 38.9% | 111.3% | 75.8% | 70.7% | 44.9% | 56.7% | 25.1% |
| Free-cash-flow margin | 37.9% | 105.9% | 75.5% | 68.5% | 44.2% | — | 18.9% |
| Free-cash-flow margin, 3-year average | — | 100.4% | 66.3% | 48.4% | 44.8% | — | 23.6% |
| Stock pay / revenue | 78.0% | 2.3% | 0.5% | 3.0% | 0.1% | 2.5% | 1.3% |
| Change in share count | — | — | −2.8% | 2.6% | −10.8% | −8.8% | −0.8% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Asset Management1 | $272M | 74.4% | ▲ 17.6% |
| Investment Advice | $91.9M | 25.2% | ▲ 25.8% |
| Financial Service Other | $1.4M | 0.4% | ▼ 71.4% |
From Wealthfront Corp's 10-K filed April 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Tiger Global Management LLC | $136M | 15.2M | 15.9% | 0.0% |
| Dag Ventures, LLC | $123M | 13.8M | 14.5% | 0.0% |
| Index Venture Associates Vi Ltd | $84.6M | 9.5M | 9.9% | 0.0% |
| Blackrock, Inc. | $74.8M | 8.4M | 8.8% | ▲ 3.1% |
| Ribbit Management Company, LLC | $49M | 5.5M | 5.7% | ▼ 44.4% |
| Wellington Management Group LLP | $37.7M | 4.2M | 4.4% | ▼ 11.6% |
| FMR LLC | $33.7M | 3.8M | 3.9% | ▲ 20.8% |
| T. Rowe Price Investment Management, Inc. | $31.1M | 3.5M | 3.6% | ▲ 19.1% |
| Jpmorgan Chase & Co | $27.1M | 3.0M | 3.2% | ▼ 5.3% |
| Ieq Capital, LLC | $24.7M | 2.8M | 2.9% | New |
| North Reef Capital Management LP | $21.9M | 2.4M | 2.6% | ▼ 15.3% |
| Citadel Advisors LLC | $20.9M | 2.3M | 2.4% | ▲ 21.6% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Wealthfront Corp's complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Fortunato David CEO and President | September 17, 2026 | Sell pre-set plan | 50,000 | $10.14 | $507,000 |
| Imberman Alan CFO and Treasurer | September 17, 2026 | Sell pre-set plan | 76,540 | $10.10 | $773,054 |
| Iyer Kal VP, Engineering | September 17, 2026 | Sell pre-set plan | 26,738 | $10.11 | $270,321 |
| Lin Lauren CLO, CCO and Secretary | September 17, 2026 | Sell pre-set plan | 4,574 | $10.10 | $46,197 |
| Wetterwald Julien Chief Technology Officer | September 17, 2026 | Sell pre-set plan | 26,138 | $10.10 | $263,994 |
| Fortunato David CEO and President | September 16, 2026 | Sell | 28,914 | $10.19 | $294,634 |
| Imberman Alan CFO and Treasurer | September 16, 2026 | Sell | 6,292 | $10.19 | $64,115 |
| Iyer Kal VP, Engineering | September 16, 2026 | Sell | 10,408 | $10.19 | $106,058 |
| Lin Lauren CLO, CCO and Secretary | September 16, 2026 | Sell | 4,995 | $10.19 | $50,899 |
| Wetterwald Julien Chief Technology Officer | September 16, 2026 | Sell | 8,130 | $10.19 | $82,845 |
| Wilson L Michelle Director | September 15, 2026 | Sell pre-set plan | 638 | $10.55 | $6,731 |
| Fortunato David CEO and President | September 15, 2026 | Sell | 93,289 | $10.73 | $1M |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around December 3, 2026 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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