Tearsheet

Nextdoor (NXDR)


Market Price (12/4/2025): $1.73 | Market Cap: $670.0 Mil
Sector: Communication Services | Industry: Interactive Media & Services

Nextdoor (NXDR)


Market Price (12/4/2025): $1.73
Market Cap: $670.0 Mil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -46%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -82 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -32%
1 Megatrend and thematic drivers
Megatrends include Hyperlocal Social & Economic Networks. Themes include Neighborhood Social Networking, Local Online Marketplaces, and Local Business Engagement.
Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 92x
2  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -12%
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -46%
1 Megatrend and thematic drivers
Megatrends include Hyperlocal Social & Economic Networks. Themes include Neighborhood Social Networking, Local Online Marketplaces, and Local Business Engagement.
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -82 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -32%
3 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 92x
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -12%

Valuation, Metrics & Events

NXDR Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Nextdoor (NXDR) experienced a significant stock movement between August 31, 2025, and December 4, 2025. While a precise -14.6% movement over the entire period cannot be specifically isolated with detailed reasons from the search results, the stock showed volatility and key events that influenced its price during this timeframe. For example, on November 5, 2025, the stock declined by 4.97%. The stock's all-time high in this period was $2.3492 on September 19, 2025, and its 52-week low was $1.56 on November 20, 2025. Here are some key points highlighting factors that influenced Nextdoor's stock performance during this period: 1. Mixed Q3 2025 Financial Results: Nextdoor reported its highest quarterly revenue to date at $69 million in Q3 2025, a 5% year-over-year increase. However, this growth was accompanied by a 3% year-over-year decline in Platform Weekly Active Users (WAU) to 21.6 million, which the company stated was an intentional outcome of reducing notification volumes to improve engagement quality. The company also reported a GAAP net loss of $13 million, though this was an improvement from the previous year. These mixed results led to a 4.97% decline in shares on November 5, 2025, after the earnings release.

2. Strategic Shift Towards Engagement Quality Over User Growth: The company intentionally reduced new user acquisition efforts and notification volumes in Q3 2025, prioritizing quality engagement over raw user numbers. This strategic shift, while yielding financial benefits like record revenue and positive Adjusted EBITDA, also resulted in a decline in weekly active users, which likely contributed to investor apprehension regarding growth prospects.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
NXDR Return------ 
Peers Return43%24%-25%25%3%7%83%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
NXDR Win Rate-----67% 
Peers Win Rate27%35%18%35%27%65% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
NXDR Max Drawdown------ 
Peers Max Drawdown-13%-12%-28%-8%-17%-19% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: Z, ZIP, STUB, WSHP, GOOGL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

NXDR has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.

Unique KeyEventXLCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-47.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven89.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven602 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-30.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven43.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven112 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven32.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven326 days120 days

Compare to


In The Past

The Communication Services Select Sector SPDR Fund's stock fell -47.2% during the 2022 Inflation Shock from a high on 9/1/2021. A -47.2% loss requires a 89.5% gain to breakeven.

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About Nextdoor (NXDR)

Better Bets than Nextdoor (NXDR)

Trade Ideas

Select past ideas related to NXDR. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PINS_11302025_Monopoly_xInd_xCD_Getting_Cheaper11302025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
2.9%2.9%0.0%
TMUS_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025TMUST-Mobile USMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.8%0.8%-1.2%
Z_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ZZillowMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.3%1.3%0.0%
IRDM_11072025_Dip_Buyer_High_CFO_Margins_ExInd_DE11072025IRDMIridium CommunicationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-0.5%-0.5%-5.6%
TTD_10032025_Dip_Buyer_High_CFO_Margins_ExInd_DE10032025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-22.5%-22.5%-25.6%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PINS_11302025_Monopoly_xInd_xCD_Getting_Cheaper11302025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
2.9%2.9%0.0%
TMUS_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025TMUST-Mobile USMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.8%0.8%-1.2%
Z_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ZZillowMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.3%1.3%0.0%
IRDM_11072025_Dip_Buyer_High_CFO_Margins_ExInd_DE11072025IRDMIridium CommunicationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-0.5%-0.5%-5.6%
TTD_10032025_Dip_Buyer_High_CFO_Margins_ExInd_DE10032025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-22.5%-22.5%-25.6%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Nextdoor

Peers to compare with:

Financials

NXDRZZIPSTUBWSHPGOOGLMedian
NameNextdoor Zillow ZipRecru.Stubhub WeShop Alphabet  
Mkt Price1.7576.015.4010.78145.00319.6343.40
Mkt Cap0.718.40.5--3,863.09.5
Rev LTM2532,483448--385,4771,466
Op Inc LTM-82-90-27--124,077-54
FCF LTM81498--73,55279
FCF 3Y Avg-3518756--68,998122
CFO LTM941816--151,424217
CFO 3Y Avg-3438766--120,990226

Growth & Margins

NXDRZZIPSTUBWSHPGOOGLMedian
NameNextdoor Zillow ZipRecru.Stubhub WeShop Alphabet  
Rev Chg LTM6.6%15.2%-10.1%--13.4%10.0%
Rev Chg 3Y Avg5.1%7.0%-20.7%--11.0%6.0%
Rev Chg Q5.0%16.4%-1.8%--15.9%10.5%
QoQ Delta Rev Chg LTM1.3%4.0%-0.5%--3.8%2.6%
Op Mgn LTM-32.2%-3.6%-6.1%--32.2%-4.9%
Op Mgn 3Y Avg-56.9%-8.5%3.6%--29.9%-2.5%
QoQ Delta Op Mgn LTM1.8%1.9%-0.4%---0.5%0.7%
CFO/Rev LTM3.5%16.8%3.5%--39.3%10.2%
CFO/Rev 3Y Avg-15.3%17.8%10.9%--35.3%14.4%
FCF/Rev LTM3.2%6.0%1.8%--19.1%4.6%
FCF/Rev 3Y Avg-15.6%8.8%9.2%--20.5%9.0%

Valuation

NXDRZZIPSTUBWSHPGOOGLMedian
NameNextdoor Zillow ZipRecru.Stubhub WeShop Alphabet  
Mkt Cap0.718.40.5--3,863.09.5
P/S3.27.50.8--7.65.4
P/EBIT-9.9-2,333.9-46.1--19.3-28.0
P/E-13.0-583.5-8.5--23.6-10.7
P/CFO92.544.723.1--19.433.9
Total Yield-7.7%-0.2%-11.8%--4.6%-3.9%
Dividend Yield0.0%0.0%0.0%--0.3%0.0%
FCF Yield 3Y Avg-1.4%5.6%--3.3%3.3%
D/E0.00.01.5--0.00.0
Net D/E-0.5-0.10.4---0.0-0.0

Returns

NXDRZZIPSTUBWSHPGOOGLMedian
NameNextdoor Zillow ZipRecru.Stubhub WeShop Alphabet  
1M Rtn-8.9%1.8%29.8%-39.8%-12.7%1.8%
3M Rtn-15.5%-9.0%4.9%--38.7%-2.1%
6M Rtn-8.3%-16.3%--90.6%8.3%
12M Rtn--9.5%-36.2%--87.4%-9.5%
3Y Rtn-96.5%-67.2%--220.4%96.5%
1M Excs Rtn-8.8%1.8%29.8%-39.8%-12.7%1.8%
3M Excs Rtn-20.0%-14.5%-1.1%--32.4%-7.8%
6M Excs Rtn--6.5%-31.0%--75.9%-6.5%
12M Excs Rtn--23.8%-52.6%--76.5%-23.8%
3Y Excs Rtn-42.6%-141.4%--162.3%42.6%

Financials

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity5,124,562
Short Interest: % Change Since 103120254.8%
Average Daily Volume2,799,989
Days-to-Cover Short Interest1.83
Basic Shares Quantity387,297,000
Short % of Basic Shares1.3%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251105202510-Q 9/30/2025
6302025807202510-Q 6/30/2025
3312025507202510-Q 3/31/2025
12312024227202510-K 12/31/2024
93020241106202410-Q 9/30/2024
6302024807202410-Q 6/30/2024
3312024507202410-Q 3/31/2024
12312023227202410-K 12/31/2023
93020231107202310-Q 9/30/2023
6302023808202310-Q 6/30/2023
3312023509202310-Q 3/31/2023
12312022228202310-K 12/31/2022
93020221108202210-Q 9/30/2022
6302022809202210-Q 6/30/2022
3312022510202210-Q 3/31/2022
12312021315202210-K 12/31/2021