Nextdoor Holdings Inc (NYSE: KIND): Reassessing Prospects

Nextdoor Holdings Inc (KIND) concluded trading on Thursday at a closing price of $1.48, with 3.34 million shares of worth about $4.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.08% during that period and on April 24, 2025 the price saw a gain of about 2.07%. Currently the company’s common shares owned by public are about 224.49M shares, out of which, 210.20M shares are available for trading.

Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of -12.94%. Year-to-date (YTD), KIND shares are showing a performance of -37.55% which decreased to -26.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.35 but also hit the highest price of $2.99 during that period. The average intraday trading volume for Nextdoor Holdings Inc shares is 2.24 million. The stock is currently trading -0.24% below its 20-day simple moving average (SMA20), while that difference is down -18.71% for SMA50 and it goes to -36.90% lower than SMA200.

Nextdoor Holdings Inc (NYSE: KIND) currently have 224.49M outstanding shares and institutions hold larger chunk of about 31.96% of that.

The stock has a current market capitalization of $571.73M and its 3Y-monthly beta is at 1.15. It has posted earnings per share of -$0.25 in the same period. It has Quick Ratio of 16.70 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KIND, volatility over the week remained 5.91% while standing at 6.08% over the month.

Stock’s fiscal year EPS is expected to rise by 20.83% while it is estimated to increase by 36.84% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on January 30, 2025 offering a Buy rating for the stock and assigned a target price of $4 to it. Coverage by Evercore ISI stated Nextdoor Holdings Inc (KIND) stock as an In-line in their note to investors on November 08, 2023, suggesting a price target of $3 for the stock. On June 27, 2023, Wells Fargo Initiated their recommendations, while on April 20, 2022, Citigroup Initiated their ratings for the stock with a price target of $6.50. Stock get a Hold rating from Truist on March 29, 2022.

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