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Nextdoor Holdings, Inc. (NXDR) Reports Q2 Loss, Tops Revenue Estimates
Nextdoor Nextdoor (US:KIND) ZACKSยท2025-08-08 00:16

Company Performance - Nextdoor Holdings, Inc. reported a quarterly loss of $0.04 per share, better than the Zacks Consensus Estimate of a loss of $0.06, representing an earnings surprise of +33.33% [1] - The company posted revenues of $65.09 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.29% and showing an increase from $63.29 million year-over-year [2] - Over the last four quarters, Nextdoor has consistently surpassed consensus EPS and revenue estimates [2] Stock Outlook - Nextdoor shares have declined approximately 25.7% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $64.32 million, and for the current fiscal year, it is -$0.20 on revenues of $244.9 million [7] Industry Context - The Internet - Software industry, to which Nextdoor belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Nextdoor's stock performance [5]