How to Buy Nextdoor Holdings Stock
Nextdoor Holdings Inc
Nextdoor Holdings is a internet content & information company located in California, United States, which is part of the Communication Services sector, and is traded under the ticker KIND on the NYSE exchange.
Nextdoor Holdings stock last closed at $1.68, up 3.07% from the previous day, and has decreased 16.83% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.42 percentage points. Nextdoor Holdings stock is currently +27.27% from its 52-week low of $1.32, and -50.81% from its 52-week high of $3.42.
As of Dec 8, 2023, there are 385.13M shares of KIND outstanding. The market value of KIND is $647.01M. In the past 24 hours, 4.04M KIND shares were traded.
How to Buy Nextdoor Holdings Stock
Wondering how to invest in Nextdoor Holdings stock? Here's how.
- Decide where to buy Nextdoor Holdings stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Nextdoor Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- Evaluate Nextdoor Holdings stock: The Nextdoor Holdings ticker symbol is KIND. Is Nextdoor Holdings stock a good investment? Should you buy shares of KIND? How do KIND's underlying business fundamentals look? Do top analysts think Nextdoor Holdings is a good buy? Why has KIND's stock price moved recently? (Hint: Our stock market analysis website can help you decide if KIND is a good stock to buy).
- Execute your KIND purchase: Decide if you will purchase KIND shares at the current market price or use a limit order to buy KIND shares at a particular price.
- Get the latest news on your investment in KIND: Create a watchlist to monitor your new investment in Nextdoor Holdings stock.
Step 1: Decide where to buy Nextdoor Holdings stock
You will need an online brokerage account to access the NYSE market and buy KIND shares.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can invest in KIND stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on investing apps, you need to deposit funds:
Watch the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Evaluate Nextdoor Holdings stock
After you have figured out the best place to buy Nextdoor Holdings stock, it's critical to research their stock before you invest, so you actually understand the risk as well as the upside.
Nextdoor Holdings stock data
Nextdoor Holdings Zen Score
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on KIND's stock page.
What is the fair value of KIND stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KIND's true value.
Using relative valuations metrics:
- KIND could be undervalued based on its P/B ratio of 1.13x, relative to Internet Content & Information industry P/B ratio of 5.42x
You can do more valuation analysis on KIND's stock here.
A quick look at KIND Financials
Signs that KIND is financially healthy:
- KIND has $539.73M in cash and short term investments. This is enough to cover its annual cash burn of $65.29M.
- KIND has cash burn of 65289000. It has sufficient cash and short-term investments to cover this for at least one year.
- KIND has a low debt to equity ratio of 0.17.
- There are more short-term assets than short-term liabilities on the KIND balance sheet.
- There are more short-term assets than long-term liabilities on the KIND balance sheet.
Signs that KIND is not financially healthy:
- KIND profit margin has gone down from -61.2% to -65.1% in the past year.
Is it a good time to buy Nextdoor Holdings stock, according to analysts?
Out of 5 sell side analysts who give forecasts on KIND, the consensus analyst rating on KIND is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Nextdoor Holdings stock forecast page.
KIND Technical Indicators
KIND Performance Numbers
Last year, KIND revenue was $216.02M. During the last two year, KIND's revenue has increased by 11.75% per year. This was slower than the Internet Content & Information industry average of 20.29%.
You can research KIND's earnings and revenue performance here.
Are KIND insiders buying or selling the stock?
Over the past year, executives and large shareholders at KIND have sold more shares than they have bought.
John Orta, Head of Legal and Secretary of KIND, was the latest KIND insider to sell. They sold $3,475.00 worth of KIND shares on Nov 10, 2023.
Research more about who owns KIND shares here.
Does KIND provide a stable income stream?
No, Nextdoor Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your KIND purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in KIND
Now that you own some KIND shares, you'll want to stay up-to-date on your investment.
Put KIND on a watchlist to keep track of your KIND stock.
KIND Feed
How to Buy Stock in Nextdoor Holdings
To reiterate, here are the 6 steps for buying Nextdoor Holdings stock:
- Decide where to buy Nextdoor Holdings stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Evaluate Nextdoor Holdings stock
- Execute your KIND purchase
- Get the latest news on your investment in KIND
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your new investment in Nextdoor Holdings, add KIND to your watchlist below.
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