Nextdoor (KIND) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nextdoor in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KIND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KIND, but not buy additional shares or sell existing shares.
View KIND analyst ratings or view top-rated stocks.

4 brokers have issued 12 month price targets for Nextdoor's stock. Their KIND share price forecasts range from $2.30 to $5.00. On average, they anticipate the company's share price to reach $3.42 in the next year. This suggests a possible upside of 87.9% from the stock's current price.
View analysts price targets for KIND or view top-rated stocks among Wall Street analysts.

Nextdoor's stock was trading at $2.06 on January 1st, 2023. Since then, KIND stock has decreased by 11.7% and is now trading at $1.82.
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Nextdoor saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 5,500,000 shares, a decline of 23.5% from the August 31st total of 7,190,000 shares. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 4.0% of the shares of the company are short sold.
View Nextdoor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our KIND earnings forecast.

Nextdoor Holdings, Inc. (NYSE:KIND) issued its earnings results on Tuesday, August, 8th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.01. The business earned $56.89 million during the quarter, compared to the consensus estimate of $53.71 million. Nextdoor had a negative trailing twelve-month return on equity of 22.74% and a negative net margin of 64.17%.

ETFs with the largest weight of Nextdoor (NYSE:KIND) stock in their portfolio include Jacob Forward ETF (JFWD) and ARK Next Generation Internation ETF (ARKW).Global X Social Media Index ETF (SOCL).

Nextdoor updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $56.16 million-$56.16 million, compared to the consensus revenue estimate of $58.27 million.

Nextdoor trades on the New York Stock Exchange (NYSE) under the ticker symbol "KIND."

Shares of KIND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KIND stock can currently be purchased for approximately $1.82.

Nextdoor (NYSE:KIND) has a market capitalization of $693.00 million and generates $212.76 million in revenue each year. The company earns $-137,920,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis.

The company employs 704 workers across the globe.

Nextdoor's mailing address is 2128 SAND HILL ROAD, MENLO PARK CA, 94025. The official website for the company is khoslaventuresacquisitionco.com. The company can be reached via phone at 415-344-0333 or via email at information@khoslaventures.com.