If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start June, consider joining Out Fox The Street .Analyst’s Disclosure:I/we have a beneficial long position in the shares of KIND either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mention ...

Nextdoor Investor Update - Q1 2025 investors.nextdoor.com 1 John T. Williams, Head of IR 3 Nirav Tolia, CEO 4 2 Disclaimer Certain statements in this Investor Update may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "project," ...

Nextdoor (KIND) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants John Williams - Head of IRNirav Tolia - Co-Founder, CEO, President & Chairperson of the BoardMatt Anderson - CFOYoussef Squali - MD & Head of Internet and Digital Media Research Group Conference Call Participants Eric Sheridan - AnalystJason Kreyer - Senior Research AnalystJamesmichael Sherman-Lewis - Equity Research Analyst Operator Good afternoon. My name is Joel, and I will be your conference operator today. At this time, ...

Nextdoor (KIND) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 Good afternoon. My name is Joel, and I will be your conference operator today. At this time, I would like to welcome everyone to Nextdoor's First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. You may now begin your conference. Speaker1 Thank you, operator. I'm John T. Williams, N ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40246 Nextdoor Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1776836 (State or Other Jurisdi ...

Nextdoor Reports First Quarter 2025 Results SAN FRANCISCO, CA, May 7, 2025 — Nextdoor Holdings, Inc. (NYSE: KIND), the essential neighborhood network, today reported financial results for the first quarter ended March 31, 2025. Nextdoor's highlighted metrics for the quarter ended March 31, 2025 include: "In Q1 we continued to add new users, improved margins, and generated positive operating cash flow — though our most significant progress during Q1 was product-related," said Nextdoor CEO Nirav Tolia. Exhibi ...

Core Insights - The first quarter of 2025 has seen significant volatility in stock performance, with some stocks gaining up to 40% while others have declined nearly 30% [1][2] Teva Pharmaceutical - Teva Pharmaceutical is the worst-performing stock in the portfolio, down 27% in less than three months, primarily due to disappointing guidance in its fourth quarter earnings report [3][4] - Despite slightly beating revenue and earnings expectations, the company's guidance for 2025 earnings of $2.65 per share was significantly lower than anticipated, leading to a sharp decline in stock price [4] - Teva aims for "accelerated growth" from 2025 to 2027 by focusing on generics, expanding margins, and innovative launches, with a current valuation of 6.3 times forward earnings estimates indicating potential upside if management meets its goals [5] Block - Block is the second worst-performing stock, down 26% this year, largely due to its earnings report which missed expectations on both revenue and earnings, with year-over-year revenue growth of less than 5% [6][7] - Increased competition from other payment processors, particularly those with specialized capabilities, has raised concerns among investors [7] - Block is focusing on enhancing its lending capabilities, having acquired Afterpay and recently launching Cash App Borrow, along with developing an open bitcoin mining system called Proto [8] Nextdoor - Nextdoor has also seen a 26% decline in stock price, despite a 17% year-over-year revenue growth and positive adjusted EBITDA for the first time as a public company [10] - The company has a strong cash position of $427 million with no debt, yet its average revenue per U.S. daily active user is significantly lower than competitors like Pinterest [9][10] - Investors are skeptical about the company's vision to reinvent the platform as NEXT, which includes local-focused content and AI-powered recommendations, especially given the forecast for flat revenue and a significant adjusted EBITDA loss in the first quarter [11][12] Investment Opportunities - All three stocks—Teva, Block, and Nextdoor—are considered solid investment opportunities despite their current performance issues [13] - Teva is viewed as having long-term potential with a cheap valuation, while Nextdoor could be a significant growth opportunity if its leadership executes effectively [14] - Block has been identified as a stock where additional shares have been purchased in 2025, indicating confidence in its growth potential [14]

Financial Data and Key Metrics Changes - Weekly active users (WAU) increased by 10% year-over-year, reaching 45.9 million [10] - Revenue grew by 17% year-over-year to $65 million [10] - Achieved positive adjusted EBITDA and operating cash flow for the first time [10][33] - Adjusted EBITDA for Q4 was $3 million, representing a 5% margin, with a 30 percentage point year-over-year improvement [34] - Operating cash flow was $11 million, reflecting strong cash flow conversion [34] - Ended the year with $427 million in cash and equivalents, with zero debt [35] Business Line Data and Key Metrics Changes - Revenue growth was driven by self-serve advertisers and improved revenue retention [31] - Average revenue per weekly active user (ARPU) grew by 7% year-over-year to $1.42 [31] - Self-serve advertisers experienced a 47% lower cost per click compared to non-optimized campaigns [32] Market Data and Key Metrics Changes - New user acquisition remained strong, particularly in the U.S. [28] - Fastest growth in new users was observed among those aged 18 to 34 [28] Company Strategy and Development Direction - The company is focused on transforming the user experience through a new initiative called NEXT, which aims to improve local content, alerts, and recommendations [15][25] - The strategy includes moving away from incremental optimizations to fully committing to the NEXT initiative [13] - The company is intentionally making short-term trade-offs to prioritize long-term value, which may impact near-term metrics [24][100] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for deeper engagement with existing users and the opportunity to reconnect with inactive users through the NEXT initiative [30][50] - The company anticipates some short-term impacts on user engagement and ad impressions due to the transition to NEXT [24][39] - Management is confident that the decisions made will drive durable growth for the long term [41][98] Other Important Information - The company repurchased 31 million shares, reducing the fully diluted share count by 5% year-over-year [35] - The company is on track to launch NEXT by mid-2025 [25][39] Q&A Session Summary Question: User engagement focus versus broader user growth - Management emphasized the importance of deepening engagement with the existing user base rather than solely focusing on new user acquisition, aiming for more frequent and deeper interactions [44][50] Question: Ad impression headwinds - Management indicated that the reduction in ad impressions is expected to be a headwind in Q1 but will be absorbed as the year progresses [45][51] Question: Local community content integration - Management confirmed that they are actively securing partnerships with local news publishers to enhance content offerings, with thousands already established [58][60] Question: Large advertisers' spending shifts - Management acknowledged the shift towards programmatic ad buying among large advertisers and is focused on improving ease of use and performance for these advertisers [64][66] Question: User growth and engagement strategies - Management highlighted the growth from younger demographics and the importance of optimizing engagement strategies to drive user growth [70][72] Question: Operating leverage and marketing strategy - Management discussed the strategic shift towards organic growth and the reduction in sales and marketing expenses, focusing on improving product offerings [76][82] Question: Confidence in long-term growth despite short-term trade-offs - Management provided insights into qualitative and quantitative feedback from users, indicating early positive signals from the new content strategy [85][89] Question: First half 2025 revenue guidance - Management explained that the revenue guidance reflects intentional decisions around ad supply and user engagement strategies, with expectations for growth in the second half of the year [92][96]

Nextdoor Holdings, Inc (NYSE:KIND) Q4 2024 Results Conference Call February 27, 2025 5:00 PM ET Company Participants John T. Williams - Head of Investor Relations Nirav Tolia - Chief Executive Officer Matt Anderson - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Jason Kreyer - Craig-Hallum Jamesmichael Sherman-Lewis - Citi Rohit Kulkarni - Roth Capital Operator Good afternoon. My name is Elliot, and I will be your conference operator today. At this time, I would like to ...

Company Performance - Nextdoor Holdings, Inc. reported a quarterly loss of $0.03 per share, better than the Zacks Consensus Estimate of a loss of $0.04, and an improvement from a loss of $0.08 per share a year ago, representing an earnings surprise of 25% [1] - The company posted revenues of $65.23 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.17% and showing an increase from year-ago revenues of $55.56 million [2] - Over the last four quarters, Nextdoor has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Outlook - Nextdoor shares have increased approximately 7.6% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at -$0.05 for the coming quarter and -$0.16 for the current fiscal year [4][7] - The current estimate revisions trend for Nextdoor is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Nextdoor belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Nextdoor's stock performance [5]