Should I buy or sell Nextdoor stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nextdoor in the last year. There are currently 5 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 .

What is Nextdoor's stock price target for 2024?

5 brokers have issued twelve-month price targets for Nextdoor's shares. Their KIND share price targets range from $1.75 to $3.50. On average, they anticipate the company's stock price to reach $2.75 in the next year. This suggests a possible upside of 65.7% from the stock's current price. View analysts price targets for KIND or view top-rated stocks among Wall Street analysts .

How have KIND shares performed in 2023?

Nextdoor's stock was trading at $2.06 on January 1st, 2023. Since then, KIND stock has decreased by 19.4% and is now trading at $1.66. View the best growth stocks for 2023 here .

Are investors shorting Nextdoor?

Nextdoor saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 4,620,000 shares, a decrease of 16.5% from the October 31st total of 5,530,000 shares. Based on an average trading volume of 1,390,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 3.2% of the company's stock are sold short. View Nextdoor's Short Interest .

When is Nextdoor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our KIND earnings forecast .

How were Nextdoor's earnings last quarter?

Nextdoor Holdings, Inc. (NYSE:KIND) issued its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.10) EPS for the quarter, hitting the consensus estimate of ($0.10). The firm earned $56.09 million during the quarter, compared to analyst estimates of $56.23 million. Nextdoor had a negative net margin of 65.11% and a negative trailing twelve-month return on equity of 23.80%.

What ETFs hold Nextdoor's stock?

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) .

What guidance has Nextdoor issued on next quarter's earnings?

Nextdoor issued an update on its fourth quarter 2023 earnings guidance on Wednesday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $50.00 million-$52.00 million, compared to the consensus revenue estimate of $61.21 million.

Who are Nextdoor's major shareholders?

Nextdoor's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (2.15%), ARK Investment Management LLC (1.81%), Flight Deck Capital LP (0.61%), Northern Trust Corp (0.35%), Charles Schwab Investment Management Inc. (0.30%) and Jacob Asset Management of New York LLC (0.12%). Insiders that own company stock include David L Sze, Greylock 16 Gp Llc and John Orta. 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Nextdoor Stock Price, News & Analysis (NYSE:KIND)

$1.66

+0.02 (+1.22%)

(As of 12/4/2023 ET)

Compare

Today's Range: $1.62
▼
$1.66
50-Day Range: $1.44
▼
$1.98
52-Week Range: $1.32
▼
$3.42

Volume: 1.37 million shs
Average Volume: 1.40 million shs
Market Capitalization: $639.32 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.75

Nextdoor MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 65.7% Upside
$2.75 Price Target
Short Interest: Healthy
3.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.21
Based on 5 Articles This Week
Insider Trading: Selling Shares
$9,800 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.40) to ($0.22) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Computer And Technology Sector

251st out of 593 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

22nd out of 55 stocks

3.0

Analyst's Opinion

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, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.75, Nextdoor has a forecasted upside of 65.7% from its current price of $1.66.
Amount of Analyst Coverage
Nextdoor has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.17% 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 3.3, 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 16.46%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Nextdoor does not currently pay a dividend.
Dividend Growth
Nextdoor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KIND.

2.9

News and Social Media Coverage

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 0.59 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 1 article on an average week.
Search Interest
2 people have searched for KIND on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Nextdoor to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

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 $9,800.00 in company stock.
Percentage Held by Insiders
47.56% 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 25.92% of the stock of Nextdoor is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Nextdoor are expected to grow in the coming year, from ($0.40) to ($0.22) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nextdoor is -4.49, 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 -4.49, 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 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Nextdoor Stock (NYSE:KIND)

Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. It enables small and mid-sized businesses, large brands, public agencies, and nonprofits to receive information, give and get help, and build connections with neighborhood stakeholders. The company is headquartered in San Francisco, California.

KIND Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KIND Stock News Headlines

December 4, 2023 | msn.com

Israel-Hamas war live: US says Hamas refusal to release more female hostages is to blame for collapse of truce

December 2, 2023 | msn.com

‘The Zone of Interest' Review: Jonathan Glazer's Profoundly Chilling Dramatic Portrait of a Nazi Family Living Right Next Door to Auschwitz

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 28, 2023 | msn.com

Biden admin should look at Abraham Accords-type initiative when Hamas terror regime is defeated

November 28, 2023 | finance.yahoo.com

Keep It Local Business Fund Grants Awarded to Entrepreneurs of Color Across the Country

November 26, 2023 | washingtonpost.com

With antisemitism rising as the Israel-Hamas war rages, Europe's Jews worry

November 21, 2023 | msn.com

Sheetz, GetGo announce deals on gas ahead of Thanksgiving travel

November 20, 2023 | seekingalpha.com

Nextdoor: Eliminating The Elephant In The Room

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 16, 2023 | msn.com

Shock Over What Gym Next Door to a Dog Shelter Threw Away: 'It's a Shame'

November 9, 2023 | markets.businessinsider.com

Hold Rating for Nextdoor Holdings Amid Mixed 3Q23 Performance, Guidance Miss, and Leadership Changes

November 9, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Nextdoor Holdings (KIND), GlobalFoundries Inc (GFS) and ON24 (ONTF)

November 8, 2023 | investorplace.com

Nextdoor Layoffs 2023: What to Know About the Latest KIND Job Cuts

November 8, 2023 | seekingalpha.com

Nextdoor Holdings, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 7, 2023 | finance.yahoo.com

Nextdoor Reports Third Quarter 2023 Results

November 3, 2023 | finance.yahoo.com

Celebrate National Gratitude Month With New #ThankANeighbor Feature from Nextdoor

October 24, 2023 | foxnews.com

Jack Nicholson’s daughter recalls childhood neighbor Marlon Brando’s kind gesture

October 17, 2023 | nytimes.com

‘The Insurrectionist Next Door’ Review: Getting Personal

September 30, 2023 | nytimes.com

This Kind of Luxury Is Not for Sale, but You Can Rent It

September 27, 2023 | finance.yahoo.com

Nextdoor To Connect Neighbors Nationwide with Localized Weather Alerts from The Weather Channel

September 12, 2023 | msn.com

Who's next? The risk of living next door to Putin

September 12, 2023 | msn.com

Stores looted after flooding on Branch Street in Providence

September 7, 2023 | sfgate.com

Probe of Florida building collapse that killed 98 to be completed by June 2025, US investigators say

September 6, 2023 | seekingalpha.com

Nextdoor Holdings Is In A Unique Position To Grow

September 6, 2023 | msn.com

Idaho Created a $25 Million Fund to Fix Unsafe Schools. Why Is Nobody Using It?

September 6, 2023 | msn.com

‘Dream Town’ looks at how one city integrated and what came next

September 5, 2023 | finance.yahoo.com

Nextdoor CEO talks adopting AI for neighborhood app

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:KIND
CUSIP: N/A
CIK: 1846069
Web: khoslaventuresacquisitionco.com
Phone: 415-344-0333
Fax: N/A
Employees: 704
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.75
High Stock Price Target: $3.50
Low Stock Price Target: $1.75
Potential Upside/Downside: +65.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-137,920,000.00
Net Margins: -65.11%
Pretax Margin: -64.18%
Return on Equity: -23.80%
Return on Assets: -20.47%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 16.76
Quick Ratio: 16.77

Sales & Book Value

Annual Sales: $212.76 million
Price / Sales: 3.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.64 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 385,130,000
Free Float: 201,961,000
Market Cap: $639.32 million
Optionable: Not Optionable
Beta: 0.68

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Key Executives

Ms. Sarah J. Friar (Age 50)
CEO, President & Chairperson of the Board
Comp: $466.92k
Mr. John Orta (Age 55)
Head of Legal & Corporate & Business Development and Secretary
Comp: $445.01k
Ms. Heidi Andersen (Age 44)
Head of Revenue & Marketing
Comp: $745.01k
Mr. Michael James Doyle II (Age 53)
Executive Officer
Comp: $445.01k
Mr. Matt Anderson
CFO & Head of Investor Relations
Mr. Bryan Power
Head of People
Mr. Craig Lisowski
Head of Data, Information Systems & Trust
Mr. Antonio Silveira
Head of Engineering
Ms. Jennie Sager
Global Head of Brand & Managing Director
Mr. Srikiran Prasad
Head of Product

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

KIND Stock Analysis - Frequently Asked Questions

Should I buy or sell Nextdoor stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nextdoor in the last year. There are currently 5 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.
What is Nextdoor's stock price target for 2024?: 5 brokers have issued twelve-month price targets for Nextdoor's shares. Their KIND share price targets range from $1.75 to $3.50. On average, they anticipate the company's stock price to reach $2.75 in the next year. This suggests a possible upside of 65.7% from the stock's current price.
View analysts price targets for KIND or view top-rated stocks among Wall Street analysts.
How have KIND shares performed in 2023?: Nextdoor's stock was trading at $2.06 on January 1st, 2023. Since then, KIND stock has decreased by 19.4% and is now trading at $1.66.
View the best growth stocks for 2023 here.
Are investors shorting Nextdoor?: Nextdoor saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 4,620,000 shares, a decrease of 16.5% from the October 31st total of 5,530,000 shares. Based on an average trading volume of 1,390,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 3.2% of the company's stock are sold short.
View Nextdoor's Short Interest.
When is Nextdoor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our KIND earnings forecast.
How were Nextdoor's earnings last quarter?: Nextdoor Holdings, Inc. (NYSE:KIND) issued its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.10) EPS for the quarter, hitting the consensus estimate of ($0.10). The firm earned $56.09 million during the quarter, compared to analyst estimates of $56.23 million. Nextdoor had a negative net margin of 65.11% and a negative trailing twelve-month return on equity of 23.80%.

What ETFs hold Nextdoor's stock?: 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).
What guidance has Nextdoor issued on next quarter's earnings?: Nextdoor issued an update on its fourth quarter 2023 earnings guidance on Wednesday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $50.00 million-$52.00 million, compared to the consensus revenue estimate of $61.21 million.
Who are Nextdoor's major shareholders?: Nextdoor's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (2.15%), ARK Investment Management LLC (1.81%), Flight Deck Capital LP (0.61%), Northern Trust Corp (0.35%), Charles Schwab Investment Management Inc. (0.30%) and Jacob Asset Management of New York LLC (0.12%). Insiders that own company stock include David L Sze, Greylock 16 Gp Llc and John Orta.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:KIND) was last updated on 12/4/2023 by MarketBeat.com Staff

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