Added to YB: 2025-03-05
Pitch date: 2025-03-03
KIND [bullish]
Nextdoor Holdings, Inc.
+46.3%
current return
Author Info
Nishant Chandra is the founder and solo manager of Chandra Capital. They invest in undervalued businesses across the globe.
Company Info
Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public agencies in the United States and internationally.
Market Cap
$650.9M
Pitch Price
$1.62
Price Target
5.00 (+111%)
Dividend
N/A
EV/EBITDA
-4.57
P/E
-10.23
EV/Sales
1.11
Sector
Interactive Media and Services
Category
value
Nextdoor: Undervalued or Overlooked?
KIND: Nextdoor social network, 45M WAU (+13% YoY), $963M mkt cap, $425M cash, no debt. $218M revenue, unprofitable. Undervalued at 70% below intrinsic. Potential 2-3X return in 24mo. Risks: competition, profitability. Q4 rev +15% YoY, MAU +8%. Founder/CEO return bullish.
Read full article (3 min)