Nextdoor (KIND) Expected to Release Quarterly Earnings on Wednesday

Nextdoor (NYSE:KIND) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect Nextdoor to post earnings of ($0.07) per share and revenue of $53.14 million for the quarter. Nextdoor has set its Q1 2025 guidance at EPS.

Nextdoor (NYSE:KIND) last released its quarterly earnings results on Thursday, February 27th. The company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). Nextdoor had a negative return on equity of 19.42% and a negative net margin of 53.23%. The firm had revenue of $65.23 million for the quarter, compared to analyst estimates of $63.12 million. On average, analysts expect Nextdoor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nextdoor Trading Down 0.3 %

NYSE KIND opened at $1.50 on Tuesday. The company’s fifty day simple moving average is $1.59 and its 200-day simple moving average is $2.19. The stock has a market cap of $577.52 million, a P/E ratio of -4.67 and a beta of 1.16. Nextdoor has a 52 week low of $1.35 and a 52 week high of $3.00.

Insider Buying and Selling at Nextdoor

In other Nextdoor news, General Counsel Sophia Schwartz sold 15,000 shares of Nextdoor stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $1.72, for a total value of $25,800.00. Following the completion of the sale, the general counsel now directly owns 267,445 shares in the company, valued at $460,005.40. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 46.04% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently commented on KIND shares. Craig Hallum initiated coverage on Nextdoor in a report on Thursday, January 30th. They issued a “buy” rating and a $4.00 price target for the company. The Goldman Sachs Group decreased their price target on shares of Nextdoor from $2.50 to $1.75 and set a “neutral” rating for the company in a research report on Monday, April 14th.

Nextdoor Company Profile

Nextdoor Holdings, Inc operates a neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. The company enables neighbors and organizations to get information, give and get help, and build connections. It also offers advertising solutions, designs to generate value for businesses for connection and sales expansion.