Nextdoor (NYSE:KIND - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03), Zacks reports. The business had revenue of $65.23 million during the quarter, compared to analysts' expectations of $63.12 million. Nextdoor had a negative return on equity of 19.42% and a negative net margin of 53.23%. Nextdoor updated its Q1 2025 guidance to EPS.
Nextdoor Price Performance
NYSE KIND traded down $0.10 during trading hours on Monday, reaching $1.67. The company's stock had a trading volume of 7,131,115 shares, compared to its average volume of 1,901,495. The firm has a market capitalization of $638.18 million, a price-to-earnings ratio of -5.22 and a beta of 1.07. The company's 50-day moving average is $2.51 and its two-hundred day moving average is $2.48. Nextdoor has a 1-year low of $1.62 and a 1-year high of $3.00.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on KIND shares. The Goldman Sachs Group decreased their price target on Nextdoor from $3.00 to $2.50 and set a "neutral" rating for the company in a report on Monday. Craig Hallum started coverage on shares of Nextdoor in a research note on Thursday, January 30th. They issued a "buy" rating and a $4.00 target price for the company.
Check Out Our Latest Report on KIND
Nextdoor Company Profile
(
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Nextdoor Holdings, Inc operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. The company enables neighbors and organizations to get information, give and get help, and build connections. It also offers advertising solutions, designs to generate value for businesses for connection and sales expansion.
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