KIND Stock Summary and Trading Ideas (Nextdoor Holdings Class A | NYSE:KIND)

Nextdoor Holdings Inc is the platform to connect to the neighborhoods. The purpose is to cultivate a kinder world where everyone has a neighborhood. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with nearby neighbors, businesses, and public services.

Nextdoor Holdings Class A trades on the NYSE stock market under the symbol KIND.

As of October 4, 2024, KIND stock price climbed to $2.50 with 839,610 million shares trading.

KIND has a beta of 1.52, meaning it tends to be more sensitive to market movements. KIND has a correlation of 0.14 to the broad based SPY ETF.

KIND has a market cap of $949.77 million. This is considered a Small Cap stock.

Last quarter Nextdoor Holdings Class A reported $63 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.02.

The top ETF exchange traded funds that KIND belongs to (by Net Assets): ARKW, VTI, IWM, VB, VXF.

KIND has underperformed the market in the last year with a return of +32.3%, while the SPY ETF gained +36.6%. In the last 3 month period, KIND fell short of the market, returning -2.7%, while SPY returned +4.2%. However, in the most recent 2 weeks KIND has outperformed the stock market by returning +2.5%, while SPY returned +0.8%.

KIND support price is $2.34 and resistance is $2.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KIND shares will trade within this expected range on the day.