---
title: "Nextdoor Announces New $100 Million Share Repurchase Program"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285442315.md"
description: "Nextdoor Holdings (NXDR) has announced a new share repurchase program, authorizing the buyback of up to $100 million of Class A common stock until June 30, 2028. This decision follows the release of Q1 2026 results, which showed record revenue of $62 million and an increase in weekly active users to 22.3 million. Despite improved financial metrics, analysts rate NXDR stock as a Hold with a price target of $2.10, citing mixed performance and technical challenges. The company focuses on connecting local communities through its social networking platform."
datetime: "2026-05-06T21:13:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285442315.md)
  - [en](https://longbridge.com/en/news/285442315.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285442315.md)
---

# Nextdoor Announces New $100 Million Share Repurchase Program

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The latest announcement is out from Nextdoor Holdings ( (NXDR) ).

On May 6, 2026, Nextdoor’s board approved a share repurchase program authorizing the buyback of up to $100 million of Class A common stock through June 30, 2028, with purchases made at management’s discretion in compliance with securities regulations and no obligation to repurchase a set amount. The announcement accompanied Q1 2026 results showing platform weekly active users at an all-time high of 22.3 million, record first-quarter revenue of $62 million up 14% year over year, sharply improved net loss and adjusted EBITDA margins, higher revenue per employee and significant cash reserves, underscoring stronger operating leverage and a shareholder-friendly capital allocation stance following the repurchase of 17.0 million shares in the quarter.

The most recent analyst rating on (NXDR) stock is a Hold with a $2.10 price target. To see the full list of analyst forecasts on Nextdoor Holdings stock, see the NXDR Stock Forecast page.

**Spark’s Take on NXDR Stock**

According to Spark, TipRanks’ AI Analyst, NXDR is a Neutral.

The score is driven primarily by improving but still mixed financial performance (strong gross margins, better cash flow, low leverage, but continued GAAP losses). Technicals are a notable drag with the stock below key moving averages and negative MACD. The earnings call adds support via improved monetization and adjusted profitability, but near-term guidance and WAU volatility temper the outlook; valuation is constrained by a negative P/E and no dividend.

To see Spark’s full report on NXDR stock, click here.

**More about Nextdoor Holdings**

Nextdoor Holdings operates a neighborhood-focused social networking platform that connects local residents and businesses through an address-based graph emphasizing identity, location, and trust. The company monetizes high-intent user engagement via multiple advertising pathways, with a growing self-serve ad channel and a validated, ROI-driven business model supported by disciplined capital allocation and productivity gains.

**Average Trading Volume:** 3,507,697

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $623.2M

See more data about NXDR stock on TipRanks’ Stock Analysis page.

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