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Nextdoor Holdings ( (NXDR) ) has provided an update.
Nextdoor Holdings announced a cost reduction plan on August 7, 2025, aimed at enhancing focus and efficiency, with expected one-time charges of approximately $5 million and an additional $1 million in stock-based compensation expenses. The plan is anticipated to be largely executed by the end of the third quarter of 2025, with potential implications for workforce adjustments subject to local laws. On August 4, 2025, Matt Anderson resigned as Chief Financial Officer, effective September 1, 2025, with Nirav Tolia stepping in as interim principal financial officer and Antoinette How appointed as Chief Accounting Officer. Anderson will remain as an advisor until a new CFO is appointed or until the end of 2025.
The most recent analyst rating on (NXDR) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Nextdoor Holdings stock, see the NXDR Stock Forecast page.
Spark’s Take on NXDR Stock
According to Spark, TipRanks’ AI Analyst, NXDR is a Neutral.
Nextdoor’s overall stock score is driven by strategic growth initiatives and a stable financial base. However, profitability challenges and valuation concerns weigh on the score. The technical analysis suggests mixed signals, while the earnings call provides a positive long-term outlook.
To see Spark’s full report on NXDR stock, click here.
More about Nextdoor Holdings
Average Trading Volume: 2,194,517
Technical Sentiment Signal: Sell
Current Market Cap: $661.9M
Learn more about NXDR stock on TipRanks’ Stock Analysis page.