Truist Financial analyst Youssef Squali maintained a Hold rating on Nextdoor Holdings (KIND – Research Report) yesterday. The company’s shares closed yesterday at $1.51.
Squali covers the Technology sector, focusing on stocks such as Amazon, Meta Platforms, and Cimpress. According to TipRanks, Squali has an average return of 13.5% and a 52.34% success rate on recommended stocks.
Nextdoor Holdings has an analyst consensus of Hold, with a price target consensus of $2.94, which is a 94.70% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $2.20 price target.
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Based on Nextdoor Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $56.89 million and a GAAP net loss of $35.4 million. In comparison, last year the company earned a revenue of $53.95 million and had a GAAP net loss of $34.72 million
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Nextdoor Holdings (KIND) Company Description:
Khosla Ventures Acquisition Co II is a blank check company.
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