Streetbeat News

KIND

Nextdoor Holdings, Inc.

Industry

Internet Content & Information

Nextdoor 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.

Open

2.47

Mkt cap

906M

Volume

High

2.47

P/E Ratio

-7.18

52-wk high

3.00

Low

2.35

Div yield

N/A

52-wk low

1.32

The article highlights a micro-cap stock with significant potential for scaling and monetization. The stock is under-the-radar, suggesting it may not be widely recognized or followed by investors yet.

Portfolio Pulse from

November 18, 2024 | 1:30 pm

Nextdoor has shown a significant turnaround under CEO Nirav Tolia, with 17% revenue growth and record WAUs. The company nearly eliminated losses, reporting a Q3 adjusted EBITDA loss of $1 million, and expects to be cash flow positive in Q4. Nextdoor has a strong balance sheet with $425 million in cash and has reduced diluted shares by 20 million through buybacks.

Portfolio Pulse from

November 08, 2024 | 10:45 pm

Nextdoor Holdings, Inc. (KIND) reported a Q3 loss of $0.04 per share, which was better than the Zacks Consensus Estimate of a $0.05 loss. This is an improvement from the $0.10 loss per share reported a year ago.

Portfolio Pulse from

November 07, 2024 | 12:15 am

Nextdoor Holdings, Inc. has appointed Georg Petschnigg as Chief Design Officer to lead its design strategy and execution. This move is part of a broader transformation initiative called NEXT.

Portfolio Pulse from

November 06, 2024 | 9:30 pm

Nextdoor Holdings, Inc. (NYSE: KIND) reported its Q3 2024 financial results, showing a 13% increase in Total Weekly Active Users to 45.9 million and a 17% rise in revenue to $66 million. The net loss decreased to $15 million from $38 million in the previous year.

Portfolio Pulse from

November 06, 2024 | 9:30 pm

Nextdoor Holdings expects a 10% year-over-year revenue growth for FY24, compared to the estimated $233.4 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:27 am

Nextdoor Holdings (KIND) has announced that it expects its Q3 revenue to be $62 million, surpassing the estimated $59.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:23 am

Nextdoor Holdings (NYSE:KIND) reported Q2 2024 GAAP EPS of $(0.11), missing the $(0.06) estimate, but sales of $63.292M beat the $58.334M estimate. EPS decreased by 22.22% YoY, while sales increased by 11.26% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:56 pm

Morgan Stanley analyst Brian Nowak maintains an Equal-Weight rating on Nextdoor Holdings (NYSE:KIND) and raises the price target from $2.2 to $2.5.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:03 pm

Former Nextdoor CEO Sarah Friar has been appointed as OpenAI's first CFO following an executive shakeup. Kevin Weil, former president of product and business at Planet Labs, has also joined as chief product officer. These appointments come after the departure of key figures like Ilya Sutskever and Andrej Karpathy.

Portfolio Pulse from Michael Juliano

June 10, 2024 | 10:23 pm

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