Nextdoor Holdings Inc has a consensus price target of $2.91 based on the ratings of 6 analysts. The high is $3.5 issued by Wells Fargo on June 27, 2023. The low is $2.5 issued by Morgan Stanley on July 23, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Goldman Sachs, and Goldman Sachs on July 23, 2024, May 9, 2024, and February 29, 2024, respectively. With an average price target of $2.42 between Morgan Stanley, Goldman Sachs, and Goldman Sachs, there's an implied -1.76% downside for Nextdoor Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nextdoor Holdings (NYSE:KIND) was reported by Morgan Stanley on July 23, 2024. The analyst firm set a price target for $2.50 expecting KIND to rise to within 12 months (a possible 0.81% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Nextdoor Holdings (NYSE:KIND) was provided by Morgan Stanley, and Nextdoor Holdings maintained their equal-weight rating.
There is no last upgrade for Nextdoor Holdings
The last downgrade for Nextdoor Holdings Inc happened on November 8, 2023 when Evercore ISI Group changed their price target from $5 to $3 for Nextdoor Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nextdoor Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nextdoor Holdings was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.
While ratings are subjective and will change, the latest Nextdoor Holdings (KIND) rating was a maintained with a price target of $2.20 to $2.50. The current price Nextdoor Holdings (KIND) is trading at is $2.48, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.