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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 $2.75, down 1.43% from the previous day, and has decreased 12.7% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.27 percentage points. Nextdoor Holdings stock is currently +108.33% from its 52-week low of $1.32, and -16.16% from its 52-week high of $3.28.

As of Jul 12, 2024, there are 390.28M shares of KIND outstanding. The market value of KIND is $1.07B. In the past 24 hours, 1.71M KIND shares were traded.

How to Buy Nextdoor Holdings Stock

Wondering how to invest in Nextdoor Holdings stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Click here to get started.
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  2. Enter your personal data to create your new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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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.

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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

KIND Price
$2.75
1w %
7%
1y %
-12.7%
5y %
N/A
P/E
-7.43x
P/B
1.98x
P/S
4.87x
PEG
N/A
Revenue
$221.68M
Earnings
-$142.31M
Fore. Rev. Growth
10.65%
Fore. Earn. Growth
N/A
Market Cap
$1.07B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

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 1.98x, relative to Internet Content & Information industry P/B ratio of 7.07x

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 $497.79M in cash and short term investments. This is enough to cover its annual cash burn of $59.41M.
  • KIND has cash burn of 59413000. 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 up by 0.01 percentage points in the past year, but the company is still unprofitable.

Is it a good time to buy Nextdoor Holdings stock, according to analysts?

Out of 1 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

SMA10
2.68
SMA20
2.63
SMA50
2.49
SMA100
2.29
SMA200
2.01
MACD
0.08
MACD Signal
0.07
MACD Histogram
0.01
RSI
59.99
Stochastic %K
76.18
Stochastic %D
73.34
StochRSI %K
70.99
StochRSI %D
61.4

KIND Performance Numbers

Last year, KIND revenue was $221.68M. During the last two year, KIND's revenue has increased by 3.04% per year. This was slower than the Internet Content & Information industry average of 19.1%.

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.

Matthew S. Anderson, CFO and Treasurer of KIND, was the latest KIND insider to sell. They sold $8,023.20 worth of KIND shares on May 15, 2024.

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.

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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:

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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:

  1. Decide where to buy Nextdoor Holdings stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Nextdoor Holdings stock
  5. Execute your KIND purchase
  6. Get the latest news on your investment in KIND

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Nextdoor Holdings, add KIND to your watchlist below.

NYSE: KIND
$2.75-0.04 (-1.43%)
Updated Jul 12, 2024
Open eToro Account
NYSE: KIND
$2.75-0.04 (-1.43%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nextdoor Holdings share?

As of Jul 12, 2024, it costs $2.75 to buy one share of Nextdoor Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.364 shares of KIND.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nextdoor Holdings stock?

According to 1 Wall Street analysts who monitor Nextdoor Holdings, their consensus recommendation is to hold Nextdoor Holdings stock.

What is the best way to buy Nextdoor Holdings stock?

One way to place an order for Nextdoor Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.