Nextdoor Holdings Inc (NYSE:KIND) price on current trading day, rose 1.21% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.67.
A look at the stock’s price movement, the close in the last trading session was $1.65, moving within a range at $1.655 and $1.71. The beta value (5-Year monthly) was 1.142. Turning to its 52-week performance, $2.99 and $1.60 were the 52-week high and 52-week low respectively. Overall, KIND moved -39.05% over the past month.
Nextdoor Holdings Inc’s market cap currently stands at around $645.13 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KIND is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 0 recommend KIND as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KIND’s current price about -14.93% and -27.97% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.93, while 7-day volatility ratio is 4.81% and 7.06% in the 30-day chart. Further, Nextdoor Holdings Inc (KIND) has a beta value of 1.12, and an average true range (ATR) of 0.12. Analysts have given the company’s stock an average 52-week price target of $3.5, forecast between a low of $2.5 and high of $3.75. Looking at the price targets, the low is -49.7% off current price level while to achieve the yearly target high, price needs to move -124.55%. Nonetheless, investors will most likely welcome a -109.58% jump to $3.5 which is the analysts’ median price.
If we refocus on Nextdoor Holdings Inc (NYSE:KIND), historical trading data shows that trading volumes averaged 2.49 over the past 10 days and 2.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 224.49 million shares.
The 45.38% of Nextdoor Holdings Inc’s shares are in the hands of company insiders while institutional holders own 31.97% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.11 million on 2025-02-28, giving us a short ratio of 1.88. The data shows that as of 2025-02-28 short interest in Nextdoor Holdings Inc (KIND) stood at 186.0 of shares outstanding, with shares short rising to 3.64 million registered in 2025-01-31. Current price change has pushed the stock -29.54% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KIND stock continues to rise going into the next quarter.
