Wealthfront (WLTH)
Automated cash management, investing, lending, and financial planning for U.S. savers.
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Provides U.S. clients with automated cash management, passive and direct-indexed investing, securities-backed borrowing, mortgages, and financial planning. Most revenue comes from cash-sweep fees tied to program-bank deposits and asset-based advisory fees, linking results to interest rates, securities markets, and platform assets.
Runs a digital-only U.S. financial platform spanning the Cash Account, Automated Investing, direct indexing, bond and stock investing, Portfolio Line of Credit, Home Lending, college and custodial accounts, and software-based financial planning. Cash balances are swept to program banks, while managed portfolios emphasize passive, tax-aware investing.
Builds services on a proprietary brokerage and technology stack, using automation to deliver account opening, money movement, portfolio management, and support without salespeople or financial advisors. Revenue comes principally from cash-management fees paid through the bank sweep program and asset-based investment-advisory fees; lending contributes a smaller stream.
Operates only in the United States. Results depend on platform asset levels, interest rates, securities markets, program banks and other financial partners, and federal and state oversight of brokerage, advisory, deposit-sweep, and mortgage activities.
Company facts
Categories
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 2, 2026 | Goldman Sachs | Reiterate | Neutral | $12 | $10.50 | |
| Jul 1, 2026 | Wells Fargo | Reiterate | Overweight | $15.50 | $12 | |
| Jun 5, 2026 | RBC Capital | Reiterate | Outperform | $14 | $13 | |
| Mar 12, 2026 | Keefe, Bruyette & Woods | Downgrade | Outperform | Market Perform | ||
| Mar 9, 2026 | RBC Capital | Reiterate | Outperform | $17 | $14 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Apr 30, 2026Cash & short-term investments $428.2M · Total debt $9.4M · Total assets $1.62B · Shareholders' equity $614.2M
- Revenue
- $90.5M
- Operating income
- $14.5M
- Net income
- $12.8M
No dividends on record.
| Institutions147 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | ≈ 63.95% | 95.52M shares | |
| Otherremainder | ≈ 36.05% | 53.84M shares |
149.36M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Tiger Global Management LLCInstitution | 10.15% | 15.16M | 13Fas of Jun 30, 2026 |
Dag Ventures, LLCInstitution | 9.25% | 13.81M | 13Fas of Jun 30, 2026 |
Index Venture Associates Vi LtdInstitution | 6.33% | 9.46M | 13Fas of Jun 30, 2026 |
BlackRock, Inc.Institution | 5.60% | 8.36M | 13Fas of Jun 30, 2026 |
Ribbit Management Company, LLCInstitution | 3.67% | 5.48M | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
Nothing filed in the last 12 months.
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Wealthfront | $8.83 | −2.11% | $1.35B | — | 23.2 | 3.6 | +3.0% |
| Charles Schwab | $109.15 | +0.82% | $188.24B | 19.7 | 15.0 | 6.3 | +20.9% |
| Robinhood Markets | $109.57 | +2.40% | $96.19B | 47.1 | 45.0 | 23.1 | +32.3% |
| SoFi | $17.68 | −0.90% | $22.88B | 37.2 | 24.2 | 4.1 | +41.0% |
| Morgan Stanley | $212.20 | +0.17% | $334.19B | 17.3 | 16.1 | 2.6 | +36.8% |
| Goldman Sachs | $1,004.00 | −0.08% | $296.31B | 15.5 | 14.4 | 2.5 | +39.5% |
| Interactive Brokers | $89.13 | +0.01% | $154.00B | 35.6 | 30.4 | 13.9 | +31.9% |
| Intuit | $346.94 | +1.19% | $93.81B | 20.8 | 14.2 | 4.4 | +13.7% |
| Median | 20.8 | 16.1 | 4.4 | +32.3% |