Small-cap Technology company Nextdoor has logged a 8.6% change today on a trading volume of 1,542,635. The average volume for the stock is 1,538,350.
Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. Based in San Francisco, United States the company has 704 full time employees and a market cap of $752,506,304.
The company is now trading -20.71% away from its average analyst target price of $2.56 per share. The 6 analysts following the stock have set target prices ranging from $1.75 to $3.5, and on average give Nextdoor a rating of hold.
Over the last 12 months KIND shares have declined by -6.5%, which represents a difference of -29.0% when compared to the S&P 500. The stock's 52 week high is $3.42 per share and its 52 week low is $1.32. With its net margins declining an average -1.6% over the last 4 years, Nextdoor declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 216,022 | -140,643 | -65 | 0.0 |
| 2022 | 212,765 | -137,916 | -65 | -622.22 |
| 2021 | 192,197 | -16,940 | -9 | 85.25 |
| 2020 | 123,284 | -75,234 | -61 |
