Nextdoor (NYSE:NXDR) Stock Price Up 4.8% – Time to Buy?

13 Oct 2026, 17:42 by Tristan Rich · The Markets Daily

Nextdoor Holdings, Inc. (NYSE:NXDR – Get Free Report)’s stock price was up 4.8% on Tuesday. The stock traded as high as $2.68 and last traded at $2.7150. Approximately 669,817 shares traded hands during trading, a decline of 78% from the average daily volume of 2,995,146 shares. The stock had previously closed at $2.59.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Nextdoor in a research note on Tuesday, October 6th. Citigroup increased their price objective on Nextdoor from $2.30 to $2.85 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Finally, B. Riley Financial raised Nextdoor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $2.00 to $3.30 in a report on Thursday, August 6th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $2.80.

Read Our Latest Stock Report on Nextdoor

Nextdoor Stock Performance

The stock’s fifty day simple moving average is $2.42 and its 200-day simple moving average is $2.12. The stock has a market cap of $1.04 billion, a P/E ratio of -33.94 and a beta of 1.41.

Nextdoor (NYSE:NXDR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. Nextdoor had a negative net margin of 11.08% and a negative return on equity of 6.16%. The company had revenue of $74.55 million for the quarter, compared to analysts’ expectations of $72.10 million. As a group, equities research analysts forecast that Nextdoor Holdings, Inc. will post -0.05 earnings per share for the current year.

Insider Buying and Selling

In other Nextdoor news, CRO Michael Kiernan sold 50,000 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $2.54, for a total transaction of $127,000.00. Following the transaction, the executive owned 458,602 shares in the company, valued at $1,164,849.08. This trade represents a 9.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Antoinette How sold 40,000 shares of Nextdoor stock in a transaction on Monday, September 21st. The shares were sold at an average price of $2.63, for a total value of $105,200.00. Following the completion of the transaction, the chief accounting officer directly owned 40,000 shares of the company’s stock, valued at $105,200. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 280,474 shares of company stock worth $688,647 in the last three months. 33.46% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NXDR. SG Americas Securities LLC acquired a new position in Nextdoor in the first quarter valued at about $37,000. R Squared Ltd lifted its position in Nextdoor by 37.1% during the first quarter. R Squared Ltd now owns 29,325 shares of the company’s stock worth $41,000 after purchasing an additional 7,941 shares during the period. Quantinno Capital Management LP grew its stake in Nextdoor by 177.5% during the first quarter. Quantinno Capital Management LP now owns 30,737 shares of the company’s stock worth $43,000 after buying an additional 19,661 shares in the last quarter. Granite Investment Partners LLC grew its stake in Nextdoor by 77.9% during the first quarter. Granite Investment Partners LLC now owns 31,274 shares of the company’s stock worth $44,000 after buying an additional 13,692 shares in the last quarter. Finally, Kestra Private Wealth Services LLC grew its stake in Nextdoor by 261.9% during the first quarter. Kestra Private Wealth Services LLC now owns 38,000 shares of the company’s stock worth $53,000 after buying an additional 27,500 shares in the last quarter. Institutional investors own 35.66% of the company’s stock.

Nextdoor Company Profile

(Get Free Report)

Nextdoor Holdings, Inc operates Nextdoor, a neighborhood-focused social networking platform that helps people connect with verified neighbors and exchange information about their local communities. Through its website and mobile applications, users can share recommendations, discuss local issues, request or offer help, report safety concerns, and discover events, services, and activities nearby.