Nextdoor (KIND) Stock Price, News & Analysis

Company Overview

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. The company is headquartered in San Francisco, California.

Key Stats

• Today's Range: $2.50 to $2.57
• 50-Day Range: $2.26 to $2.93
• 52-Week Range: $1.32 to $2.99
• Volume: 582,042 shs
• Average Volume: 1.63 million shs
• Market Capitalization: $953.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.67
• Consensus Rating: Hold

Nextdoor Stock Analysis - MarketRank™

Nextdoor scored higher than 26% of companies evaluated by MarketBeat, and ranked 602nd out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Nextdoor has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nextdoor has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Nextdoor are expected to grow in the coming year, from ($0.23) to ($0.18) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nextdoor is -6.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nextdoor is -6.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Nextdoor has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.40% of the float of Nextdoor has been sold short.

Short Interest Ratio / Days to Cover

Nextdoor has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nextdoor has recently decreased by 6.40%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nextdoor does not currently pay a dividend.

Dividend Growth

Nextdoor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.40% of the float of Nextdoor has been sold short.

Short Interest Ratio / Days to Cover

Nextdoor has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nextdoor has recently decreased by 6.40%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.21

News Sentiment

Nextdoor has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Nextdoor this week, compared to 6 articles on an average week.

Search Interest

5 people have searched for KIND on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

1 people have added Nextdoor to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nextdoor insiders have not sold or bought any company stock.

Percentage Held by Insiders

46.04% of the stock of Nextdoor is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 35.66% of the stock of Nextdoor is held by institutions.

KIND Stock Analysis - Frequently Asked Questions

How have KIND shares performed this year?

Nextdoor's stock was trading at $1.89 on January 1st, 2024. Since then, KIND stock has increased by 32.8% and is now trading at $2.51.
View the best growth stocks for 2024 here.

How were Nextdoor's earnings last quarter?

Nextdoor Holdings, Inc. (NYSE:KIND) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. The company had revenue of $63.29 million for the quarter, compared to analysts' expectations of $58.80 million. Nextdoor had a negative net margin of 65.63% and a negative trailing twelve-month return on equity of 22.69%.

Who are Nextdoor's major shareholders?

Nextdoor's top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (2.85%), ARK Investment Management LLC (2.21%), Renaissance Technologies LLC (0.46%) and Marshall Wace LLP (0.40%). Insiders that own company stock include David L Sze, Greylock 16 Gp Llc, John Orta and Matthew S Anderson.
View institutional ownership trends.

How do I buy shares of Nextdoor?

Shares of KIND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/07/2024
• Today: 9/27/2024
• Next Earnings (Estimated): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NYSE:KIND
• CUSIP: N/A
• CIK: 1846069
• Web: khoslaventuresacquisitionco.com
• Phone: 415-344-0333
• Fax: N/A
• Employees: 700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.67
• High Stock Price Target: $3.00
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +6.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.36)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-147,760,000.00
• Net Margins: -65.63%
• Pretax Margin: -65.26%
• Return on Equity: -22.69%
• Return on Assets: -19.48%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 15.07
• Quick Ratio: 15.07

Sales & Book Value

• Annual Sales: $218.31 million
• Price / Sales: 4.36
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.44 per share
• Price / Book: 1.74

Miscellaneous

• Outstanding Shares: 379,910,000
• Free Float: 210,596,000
• Market Cap: $951.67 million
• Optionable: Optionable
• Beta: 1.08