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 November 14, 2024, KIND stock price declined to $2.44 with 1,494,010 million shares trading.

KIND has a beta of 1.50, meaning it tends to be more sensitive to market movements. KIND has a correlation of 0.11 to the broad based SPY ETF.

KIND has a market cap of $926.98 million. This is considered a Small Cap stock.

Last quarter Nextdoor Holdings Class A reported $66 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.01.

In the last 3 years, KIND traded as high as $13.85 and as low as $1.32.

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

KIND has outperformed the market in the last year with a return of +53.5%, while the SPY ETF gained +36.4%. However, in the most recent history, KIND shares have underperformed the stock market with its stock returning -2.8% in the last 3 month period and -2.0% for the last 2 week period, while SPY has returned +9.8% and +2.3%, respectively.

KIND support price is $2.42 and resistance is $2.56 (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.