In today’s recent session, 1.15 million shares of the Nextdoor Holdings Inc (NYSE:KIND) have been traded, and its beta is 1.17. Most recently the company’s share price was $1.65, and it changed around $0.03 or 1.85% from the last close, which brings the market valuation of the company to $631.27M. KIND at last check was trading at a discount to its 52-week high of $2.99, offering almost -81.21% off that amount. The share price’s 52-week low was $1.32, which indicates that the recent value has risen by an impressive 20.0% since then. We note from Nextdoor Holdings Inc’s average daily trading volume that its 10-day average is 1.75 million shares, with the 3-month average coming to 1.91 million.
Nextdoor Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 1 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended KIND as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Nextdoor Holdings Inc (NYSE:KIND) trade information
Instantly KIND has been showing a green trend so far today with a performance of 1.85% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.6700 on recent trading dayincreased the stock’s daily price by 1.2%. The company’s shares are currently down -30.38% year-to-date, but still up 3.77% over the last five days. On the other hand, Nextdoor Holdings Inc (NYSE:KIND) is 13.79% up in the 30-day period. We can see from the shorts that 5.69 million shares have been sold at a short interest cover period of 2.85 day(s).
The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 52.86% from its current value. Analyst projections state that KIND is forecast to be at a low of $2.5 and a high of $3.75.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.48%. Nextdoor Holdings Inc earnings are expected to increase by 22.67% in 2025, but the outlook is positive 17.57% per year for the next five years.
KIND Dividends
Nextdoor Holdings Inc’s next quarterly earnings report is expected to be released on 2025-May-07.
Nextdoor Holdings Inc (NYSE:KIND)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.57% of Nextdoor Holdings Inc shares, and 65.74% of them are in the hands of institutional investors. The stock currently has a share float of 67.47%. Nextdoor Holdings Inc stock is held by 237.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.2415% of the shares, which is about 16.46 million shares worth $45.76 million.
BLACKROCK INC., with 3.2115% or 12.46 million shares worth $34.65 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
