Jeff Bezos Investments in 2025: 12 Companies Bezos Is Investing In

9. Nextdoor Holdings Inc. (NYSE:KIND)

Number of Hedge Fund Investors: 28

Market Capitalization as of February 24: $989.75 million 

Nextdoor Holdings, Inc. (NYSE:KIND) is one of the stocks in Jeff Bezos Stock Portfolio. It is a social media tool for neighborhoods. The company went public a few years ago through fashionable-at-the-time reverse merger arrangements through a special-purpose acquisition company. The transaction initially valued the company at more than $4 billion. Bezos Expeditions was an early investor in the business.

Nextdoor Holdings, Inc. (NYSE:KIND) reported significant user growth and financial performance in the third quarter of 2024, with weekly active users reaching 45.9 million, a 13% year-over-year rise driven by a 16% increase in US WAU. Revenue surged 17% year on year to $66 million, driven by improved monetization and performance of the Nextdoor Ads Platform, which experienced an 82% rise in click-through rates and a 16% decrease in cost per click as a result of optimization efforts.

On January 15, 2025, Nextdoor Holdings, Inc. (NYSE:KIND) hired Michael Kiernan as Chief Revenue Officer, responsible for global revenue, sales, and ad operations. He has 15 years of expertise and has headed Business Operations and Sales at the company for the past six years. He was formerly the temporary CRO. Kiernan will drive growth for the Nextdoor Ads Platform, which uses first-party data from almost 100 million Verified Neighbors to deliver personalized advertising.

Craig-Hallum set a $4 price target for the stock. The investment bank believes that the firm’s initiatives to offer new content to its platform will help it grow. The business is specifically aiming to collaborate with local writers to provide its readers with information about events in their areas as well as around the country. Aerial image of a residential area with houses and a real estate brokerage office. According to Craig-Hallum, the program has the potential to improve users’ frequency of visits to Nextdoor Holdings, Inc. (NYSE:KIND) as well as their time spent on the network. As a result, the investment firm believes they will produce more organic material in the firm, making it more pleasant. Moreover, the investment bank stated that the business should have enough finances to support this project due to its excellent gross margins and liquidity.