Sign in

    Neeraj • JPMorgan Chase & Co.

    Neeraj Chandra is an Executive Director and Equity Research Analyst at JPMorgan Chase & Co., specializing in the coverage of Indian financials such as HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Axis Bank. He has consistently ranked among the top banking sector analysts in India, with a track record of high accuracy in stock recommendations and strong returns for investors, including a success rate above 65% and top 10 analyst rankings on industry platforms. Neeraj began his capital markets career at ICICI Securities before joining JPMorgan in 2016, and he holds a CFA designation along with multiple regulatory certifications in financial research analysis. His insightful research and timely market calls have earned industry recognition and contributed to JPMorgan’s leadership in Indian equities research.

    Neeraj's questions to Nerdy Inc (NRDY) leadership

    Neeraj's questions to Nerdy Inc (NRDY) leadership • Q4 2024

    Question

    Neeraj, on behalf of Brian Smillk from JPMorgan, asked about the returns from localizing the Varsity Tutors for Schools (VTS) sales force and requested an update on the institutional competitive landscape.

    Answer

    CEO Chuck Cohn responded that the company has rightsized its institutional go-to-market team to reflect near-term government funding uncertainty. The strategy is now to let product enhancements, including a new paid subscription offering with GenAI capabilities, drive growth. Cohn noted that the AI-enhanced platform is a key differentiator. Regarding competition, he mentioned that several competitors, particularly in the chat-based tutoring space, have downsized or ceased operations, positioning Nerdy as a strong, stable partner for school districts.

    Ask Fintool Equity Research AI