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: $2.48 to $2.58
• 50-Day Range: $2.30 to $2.84
• 52-Week Range: $1.32 to $2.99
• Volume: 2.10 million shs
• Average Volume: 1.60 million shs
• Market Capitalization: $982.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.75
• Consensus Rating: Hold

Nextdoor Stock Analysis - MarketRank™

Nextdoor scored higher than 28% of companies evaluated by MarketBeat, and ranked 432nd out of 647 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, 2 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 ($0.22) to ($0.16) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nextdoor is -8.03, 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 -8.03, 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 2.16. 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

1.99% 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 2.8, 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 5.53%, 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

1.99% 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 2.8, 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 5.53%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.73

News Sentiment

Nextdoor has a news sentiment score of 0.73. 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 higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Nextdoor this week, compared to 6 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nextdoor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,556.00 in 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 36.0% and is now trading at $2.57.
View the best growth stocks for 2024 here.

How were Nextdoor's earnings last quarter?

Nextdoor Holdings, Inc. (NYSE:KIND) released its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. The business earned $65.61 million during the quarter, compared to analyst estimates of $62.10 million. Nextdoor had a negative net margin of 53.23% and a negative trailing twelve-month return on equity of 19.42%.

Who are Nextdoor's major shareholders?

Top institutional investors of Nextdoor include Sumitomo Mitsui Trust Group Inc. (2.60%), ARK Investment Management LLC (1.82%), Geode Capital Management LLC (1.06%) and State Street Corp (0.94%). Insiders that own company stock include David L Sze, Greylock 16 Gp Llc, John Orta, Sophia Schwartz 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.

What other stocks do shareholders of Nextdoor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nextdoor investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

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: $2.75
• High Stock Price Target: $3.00
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +7.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.32)
• 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: -53.23%
• Pretax Margin: -52.92%
• Return on Equity: -19.42%
• Return on Assets: -16.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 17.53
• Quick Ratio: 17.53

Sales & Book Value

• Annual Sales: $218.31 million
• Price / Sales: 4.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.19 per share
• Price / Book: 2.16

Miscellaneous

• Outstanding Shares: 382,140,000
• Free Float: 206,204,000
• Market Cap: $982.10 million
• Optionable: Optionable
• Beta: 1.08