Nextdoor Holdings Inc [NYSE: KIND] traded at a high on Thursday, posting a 2.07 gain after which it closed the day’ session at $1.48.
The results of the trading session contributed to over 3343563 shares changing hands. Over the past one week, the price volatility of Nextdoor Holdings Inc stands at 5.91% while the volatility over the past one month is 6.08%.
The market cap for KIND stock reached $571.73 million, with 224.49 million shares outstanding and 210.20 million shares in the current float. Compared to the average trading volume of 2.24M shares, KIND reached a trading volume of 3343563 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Nextdoor Holdings Inc [KIND]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KIND shares is $2.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KIND stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for Nextdoor Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 30, 2025. While these analysts kept the previous recommendation, Evercore ISI dropped their target price from $5 to $3. The new note on the price target was released on November 08, 2023, representing the official price target for Nextdoor Holdings Inc stock. Previously, the target price had yet another raise to $3.50, while Wells Fargo analysts kept a Equal Weight rating on KIND stock.
The Average True Range (ATR) for Nextdoor Holdings Inc is set at 0.10, with the Price to Sales ratio for KIND stock in the period of the last 12 months amounting to 2.31. The Price to Book ratio for the last quarter was 1.25, with the Price to Cash per share for the same quarter was set at 1.11.
How has KIND stock performed recently?
Nextdoor Holdings Inc [KIND] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, KIND shares dropped by -12.94% in over the last four-week period, additionally sinking by -40.08% over the last 6 months – not to mention a drop of -26.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KIND stock in for the last two-week period is set at 41.31, with the RSI for the last a single of trading hit 46.84, and the three-weeks RSI is set at 38.78 for Nextdoor Holdings Inc [KIND]. The present Moving Average for the last 50 days of trading for this stock 1.8206, while it was recorded at 1.4540 for the last single week of trading, and 2.3455 for the last 200 days.
Nextdoor Holdings Inc [KIND]: Deeper insight into the fundamentals
Nextdoor Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 16.70 and a Current Ratio set at 16.70.
Insider trade positions for Nextdoor Holdings Inc [KIND]
There are presently around $65.22%, or 66.42%% of KIND stock, in the hands of institutional investors. The top three institutional holders of KIND stocks are: VANGUARD GROUP INC with ownership of 16.46 million shares, which is approximately 4.2415%. BLACKROCK INC., holding 12.46 million shares of the stock with an approximate value of $$34.65 million in KIND stocks shares; and BLACKROCK INC., currently with $$30.88 million in KIND stock with ownership which is approximately 2.8625%.
