Nextdoor (KIND) Expected to Announce Earnings on Wednesday

Nextdoor (NYSE:KIND) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce 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 posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). Nextdoor had a negative net margin of 53.23% and a negative return on equity of 19.42%. The company had revenue of $65.23 million during 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 Price Performance

NYSE KIND opened at $1.51 on Wednesday. Nextdoor has a 12 month low of $1.35 and a 12 month high of $3.00. The company has a market capitalization of $582.16 million, a P/E ratio of -4.71 and a beta of 1.16. The company’s 50 day simple moving average is $1.67 and its 200 day simple moving average is $2.22.

Insider Transactions 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 currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on KIND shares. Craig Hallum began coverage on Nextdoor in a research note on Thursday, January 30th. They set a “buy” rating and a $4.00 price objective for the company. The Goldman Sachs Group dropped their price target on Nextdoor from $2.50 to $1.75 and set a “neutral” rating on the stock in a research note on Monday, April 14th.

About Nextdoor

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.