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Nextdoor: Major Catalyst Has Finally Arrived

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Update - July 25, 2025

Nextdoor surged following the launch of the NEXT platform and switch of the ticker to "NXDR", but the stock has sold off the last 4 days providing an ideal entry point. 

Finviz Chart

Original article posted on June 4

  • Nextdoor Holdings, Inc. trades near cash value, presenting a compelling risk/reward as it prepares to launch its transformative NEXT platform.
  • Management paused monetization and user growth to focus on NEXT, temporarily depressing revenue but setting up for a major turnaround.
  • NEXT aims to deliver hyper-local content, professional news, and AI-driven recommendations, addressing past engagement and monetization challenges.
  • The stock trades at less than 1x EV/S targets due to a strong cash position, limiting downside risk while the upcoming platform relaunch offers significant upside potential.
Just as Nextdoor Holdings, Inc. (KIND) is set to launch a new user interface, the stock trades at all-time lows. Despite a promising turnaround in place, the stock sold off as management pulled back from focusing on monetizing the existing business in order to deploy the new platform. My investment thesis is ultra-Bullish on the stock trading near cash here.


Read the full article on Seeking Alpha.

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

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