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Nextdoor Holdings, Inc. (KIND)
NYSE:KIND
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Nextdoor Holdings
(NYSE:KIND)
Rating:54Neutral
Price Target:
$2.00
▼(-1.96% Downside)
Positive Factors
Platform Redesign
Nextdoor launched its platform redesign to create a more hyperlocal, utility-centric platform, grounded in its News, Alerts, and Recommendations vision.
User Growth
The new UI/UX could drive greater weekly active users and session growth longer-term, backed by its organic user acquisition strategy.
Negative Factors
Ad Unit Performance
KIND trails peers in measurability, ROAS, and performance capabilities, which are crucial during periods of macro uncertainty.
Advertiser Challenges
Nextdoor's endemic large advertiser challenges persisted and likely remains a headwind until a programmatic partnership is integrated.
Revenue Growth
KIND's 1Q:25 revenue growth decelerated to 2%, driven by certain large advertisers reducing ad spend on the platform along with overall macro uncertainty.
Nextdoor Holdings (KIND) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$780.48M
Dividend YieldN/A
Average Volume (3M)2.13M
Price to Earnings (P/E)―
Beta (1Y)1.49
Revenue Growth12.01%
EPS Growth35.71%
CountryUS
Employees546
SectorCommunication Services
Sector Strength90
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-0.06
Shares Outstanding234,706,940
10 Day Avg. Volume2,389,450
30 Day Avg. Volume2,130,173
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.27
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$2.08Price Target Upside1.96% Upside
Rating ConsensusHold
Number of Analyst Covering5
Nextdoor Holdings Business Overview & Revenue Model
Company DescriptionNextdoor Holdings, Inc. operates as the 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. The company is headquartered in San Francisco, California.
How the Company Makes MoneyNextdoor Holdings generates revenue primarily through advertising. The platform offers local businesses, brands, and service providers the opportunity to reach targeted audiences within specific neighborhoods, making its advertising solutions appealing to those seeking geographically-focused marketing. Advertisers can create sponsored posts, display ads, and other promotional content to engage with users in specific locations. Additionally, the company may also explore partnerships with businesses and organizations that align with its community-focused mission, though detailed information about such partnerships is not publicly specified.
Nextdoor Holdings Earnings Call Summary
Earnings Call Date:May 07, 2025
(Q1-2025)
| % Change Since: 35.10%|
Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment Neutral
The earnings call reflects a focus on strategic growth initiatives with the launch of NEXT, aimed at enhancing user engagement and monetization. Despite a slight increase in revenue and user growth, challenges with large advertisers and a focus on long-term improvements may delay immediate financial benefits. However, the company's innovation and strategic focus suggest a positive long-term outlook.Q1-2025 Updates
Positive Updates
User Growth
Weekly active users (WAU) grew 6% year-over-year to 46.1 million, reflecting steady new U.S. user acquisition.
Revenue Increase
Revenue rose 2% year-over-year to $54 million, despite challenges in certain advertising segments.
Improved Profitability
Net loss of $22 million, representing a 13 percentage points of year-over-year margin improvement, and a 9 percentage points year-over-year improvement in adjusted EBITDA margin.
AI and Monetization Innovations
Introduction of AI-driven features in the Nextdoor Ads Manager, reducing friction for advertisers and enhancing monetization opportunities.
NEXT Product Launch
Upcoming launch of NEXT, a significant product transformation aimed at enhancing user engagement and monetization opportunities.
New Ad Surfaces
Development of new advertising surfaces such as alerts, which have garnered interest from existing clients.
Negative Updates
Challenges with Large Advertisers
Some large advertisers reduced their spend, shifting budgets towards programmatic ad buying, impacting revenue.
Limited Immediate Monetization Impact
The introduction of NEXT is prioritized for long-term retention, affecting the total impression opportunities expected in Q2.
Company Guidance
During Nextdoor's First Quarter 2025 Earnings Conference Call, CEO Nirav Tolia and CFO Matt Anderson provided guidance on the company's strategic focus and financial outlook. They highlighted a 6% year-over-year growth in weekly active users (WAU) to 46.1 million and a 2% increase in revenue to $54 million. The call emphasized the upcoming launch of the NEXT initiative, aimed at enhancing user engagement and monetization through features like hyper-local alerts and AI-driven recommendations. Tolia detailed how NEXT aims to transition the platform from reactive to proactive by introducing structured feeds and alert systems, with plans to roll out the full version by late July 2025. The company also plans to adopt platform WAU as the primary user metric starting in Q2, reflecting a shift towards more in-app engagement. Financial guidance for Q2 2025 includes expected revenue of approximately $60 million and an adjusted EBITDA loss of around $10 million, driven by a strategic focus on long-term user retention and enhanced advertising capabilities.Nextdoor Holdings Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 247.28M | 218.31M | 212.76M | 192.20M | 123.28M |
| Gross Profit | 205.43M | 176.70M | 173.78M | 163.38M | 101.70M |
| EBITDA | -117.74M | -166.51M | -138.55M | -90.63M | -73.59M |
| Net Income | -98.06M | -147.76M | -137.92M | -95.33M | -75.23M |
Balance Sheet | |||||
| Total Assets | 513.95M | 654.56M | 699.56M | 840.09M | 217.75M |
| Cash, Cash Equivalents and Short-Term Investments | 426.98M | 531.10M | 583.30M | 715.81M | 136.98M |
| Total Debt | 40.75M | 66.59M | 61.60M | 68.73M | 39.60M |
| Total Liabilities | 60.47M | 96.01M | 88.49M | 95.10M | 515.60M |
| Stockholders Equity | 453.49M | 558.56M | 611.07M | 744.99M | -297.86M |
Cash Flow | |||||
| Free Cash Flow | -20.61M | -59.54M | -63.66M | -60.11M | -46.63M |
| Operating Cash Flow | -20.20M | -59.27M | -60.50M | -51.27M | -41.60M |
| Investing Cash Flow | 86.43M | 66.49M | -342.45M | -149.52M | 36.79M |
| Financing Cash Flow | -81.03M | 8.92M | -64.35M | 637.58M | 6.37M |
Nextdoor Holdings Technical Analysis
Positive
2.04
Price Trends
1.65
Positive
1.59
Positive
2.04
Negative
Market Momentum
0.08
Positive
54.37
Neutral
13.45
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KIND, the sentiment is Positive. The current price of 2.04 is above the 20-day moving average (MA) of 1.78, above the 50-day MA of 1.65, and above the 200-day MA of 2.04, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 54.37 is Neutral, neither overbought nor oversold. The STOCH value of 13.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KIND.
Nextdoor Holdings Risk Analysis
Nextdoor Holdings disclosed 55 risk factors in its most recent earnings report. Nextdoor Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Nextdoor Holdings Peers Comparison
Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $858.42M | 18.94 | 34.34% | ― | 92.91% | ― | |
73 Outperform | $1.47B | 22.30 | 9.18% | 4.74% | 26.71% | -23.67% | |
70 Outperform | $1.96B | 14.05 | 20.13% | ― | 5.37% | 13.08% | |
66 Neutral | ¥482.45B | 18.81 | 1.03% | 2.20% | 6.31% | -19.39% | |
55 Neutral | $692.73M | 19.73 | -18.24% | ― | 4.43% | -399.14% | |
54 Neutral | $780.48M | ― | -18.77% | ― | 12.01% | 35.71% | |
51 Neutral | $412.13M | ― | -5.28% | ― | ― | ― |
* Communication Services Sector Average
Performance Comparison
KIND
Nextdoor Holdings
1.79
-0.66
-26.94%
YELP
Yelp
32.01
-1.16
-3.50%
EVER
EverQuote
24.10
1.81
8.12%
OPRA
Opera
16.45
4.52
37.89%
GETY
Getty Images Holdings
1.83
-1.48
-44.71%
TTGT
TechTarget, Inc.
6.07
-18.40
-75.19%
Nextdoor Holdings Corporate Events
Product-Related AnnouncementsDelistings and Listing ChangesFinancial Disclosures
Nextdoor Holdings Announces Ticker Symbol Change to NXDR
Neutral
Jul 11, 2025
On July 11, 2025, Nextdoor Holdings announced a change in its ticker symbol from ‘KIND’ to ‘NXDR’, effective July 21, 2025, as part of the launch of its redesigned product. The company’s Class A common stock will continue to be listed on the NYSE with an unchanged CUSIP. Additionally, Nextdoor will report its second quarter 2025 financial results on August 7, 2025, followed by a webcast and conference call to discuss the results and outlook.
The most recent analyst rating on (KIND) stock is a Buy with a $3.50 price target. To see the full list of analyst forecasts on Nextdoor Holdings stock, see the KIND Stock Forecast page.
Executive/Board ChangesShareholder Meetings
Nextdoor Holdings Approves Key Proposals at Annual Meeting
Neutral
Jun 13, 2025
On June 10, 2025, Nextdoor Holdings, Inc. held its Annual Meeting of Stockholders virtually, where stockholders voted on three key proposals. The proposals included the election of four Class I directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm, and the approval of executive compensation. All proposals were approved, with J. William Gurley, Jason Pressman, Elisa Steele, and Nirav Tolia elected as directors, Ernst & Young LLP’s appointment ratified, and executive compensation endorsed.
The most recent analyst rating on (KIND) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Nextdoor Holdings stock, see the KIND Stock Forecast page.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.