Nextdoor, currently trading under the ticker (KIND, Financial), has announced that it will update its ticker symbol to "NXDR" as it prepares to unveil a redesigned product. This change is scheduled to take effect on July 21, 2025. Despite the ticker update, the company's Class A common stock will continue to be listed on the NYSE, and the CUSIP number will stay the same. Shareholders are not required to take any action in response to this change. The transition is part of Nextdoor’s strategic efforts to align its corporate identity with its upcoming product enhancements.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Nextdoor Holdings Inc (KIND, Financial) is $2.01 with a high estimate of $3.50 and a low estimate of $1.10. The average target implies an upside of 18.93% from the current price of $1.69. More detailed estimate data can be found on the Nextdoor Holdings Inc (KIND) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Nextdoor Holdings Inc's (KIND, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nextdoor Holdings Inc (KIND, Financial) in one year is $2.69, suggesting a upside of 59.17% from the current price of $1.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nextdoor Holdings Inc (KIND) Summary page.
