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 $2.00, down 5.21% from the previous day, and has decreased 5.66% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.36 percentage points. Nextdoor Holdings stock is currently +51.52% from its 52-week low of $1.32, and -41.43% from its 52-week high of $3.42.
As of Apr 25, 2024, there are 393.63M shares of KIND outstanding. The market value of KIND is $787.26M. In the past 24 hours, 1.32M 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
In our opinion, eToro is the best place to buy stocks. Here's why:
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- Buy other assets: Such as ETFs and cryptos.
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 1.41x, relative to Internet Content & Information industry P/B ratio of 6.24x
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 $531.10M in cash and short term investments. This is enough to cover its annual cash burn of $59.54M.
- KIND has cash burn of 59540000. 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 long-term liabilities on the KIND balance sheet.
- Total KIND debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the KIND balance sheet.
Signs that KIND is not financially healthy:
- KIND profit margin has gone down from -64.8% to -67.7% in the past year.
Do analysts think it's a good time to buy Nextdoor Holdings stock
Out of 3 Equities analysts who track KIND, the consensus analyst rating on KIND is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Nextdoor Holdings stock forecast page.
KIND Momentum
KIND Growth Metrics
Last year, KIND revenue was $218.31M. During the last five year, KIND's revenue has increased by 21.47% per year. This was faster than the Internet Content & Information industry average of 19.64%.
Dive into KIND's earnings and revenue performance here.
Latest Insiders Trades at KIND
In the last year, executives and large shareholders at KIND have sold more shares than they have bought.
Heidi Andersen, Head of Revenue of KIND, was the latest KIND insider to sell. They sold $121,122.12 worth of KIND shares on Apr 15, 2024.
Get more info about who owns KIND stock here.
Does KIND stock generate passive income?
No, Nextdoor Holdings doesn't provide an income stream by paying out dividends.
What do other investors have to say about KIND?
One of the reasons eToro is our top-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 options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and your broker will execute the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in KIND
Now that you own some shares in KIND, you'll want to keep up with your new shares.
Create a watchlist to see the latest developments about your KIND stock.
KIND Feed
How to Buy Stock in Nextdoor Holdings
To reiterate, here are the 6 steps to buy stock in Nextdoor Holdings:
- 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 are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Nextdoor Holdings, get started below.
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