NYSE:NXDRInteractive Media and Services
Nextdoor (NXDR) Losses Worsen, Undermining Profitability Narratives Despite Shares Trading Below Fair Value
Nextdoor Holdings (NXDR) remains unprofitable, with losses increasing at a rate of 2.5% per year over the past five years. While revenue is forecast to grow at 7.8% per year, this trails the broader US market’s expected pace of 10.4% per year. For investors, shares are currently trading at $1.67, below an estimated fair value of $3.48. However, profitability challenges and a higher-than-average Price-To-Sales ratio compared to peers continue to weigh on the outlook.
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