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NASDAQ:NN

NextNav (NN) Stock Price, News & Analysis

NextNav logo
$15.87 +0.33 (+2.12%)
(As of 11/22/2024 ET)

About NextNav Stock (NASDAQ:NN)

Key Stats

Today's Range
$15.46
$16.25
50-Day Range
$6.99
$16.21
52-Week Range
$3.55
$17.02
Volume
958,383 shs
Average Volume
1.33 million shs
Market Capitalization
$2.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00
Consensus Rating
Buy

Company Overview

NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. NextNav Inc. was founded in 2007 and is headquartered in McLean, Virginia.

NextNav Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

NN MarketRank™: 

NextNav scored higher than 65% of companies evaluated by MarketBeat, and ranked 131st out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    NextNav has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    NextNav has only been the subject of 1 research reports in the past 90 days.

  • Read more about NextNav's stock forecast and price target.
  • Earnings Growth

    Earnings for NextNav are expected to grow in the coming year, from ($0.74) to ($0.46) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NextNav is -21.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NextNav is -21.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    NextNav has a P/B Ratio of 31.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    10.54% of the outstanding shares of NextNav have been sold short.
  • Short Interest Ratio / Days to Cover

    NextNav has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in NextNav has recently decreased by 5.10%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    NextNav does not currently pay a dividend.

  • Dividend Growth

    NextNav does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    10.54% of the outstanding shares of NextNav have been sold short.
  • Short Interest Ratio / Days to Cover

    NextNav has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in NextNav has recently decreased by 5.10%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    NextNav has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for NextNav this week, compared to 2 articles on an average week.
  • Search Interest

    Only 11 people have searched for NN on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
  • MarketBeat Follows

    16 people have added NextNav to their MarketBeat watchlist in the last 30 days. This is an increase of 1,500% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NextNav insiders have bought 7,372.19% more of their company's stock than they have sold. Specifically, they have bought $1,558,250.00 in company stock and sold $20,854.00 in company stock.

  • Percentage Held by Insiders

    15.70% of the stock of NextNav is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    79.16% of the stock of NextNav is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about NextNav's insider trading history.
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NN Stock News Headlines

NextNav Inc. (NASDAQ:NN) SVP Arun Raghupathy Sells 1,123 Shares
NextNav files to sell 620K shares of common stock for holders
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NextNav (NASDAQ:NN) Shares Gap Up Following Analyst Upgrade
Nextnav Inc options imply 13.0% move in share price post-earnings
See More Headlines

NN Stock Analysis - Frequently Asked Questions

NextNav's stock was trading at $4.45 at the beginning of the year. Since then, NN stock has increased by 256.6% and is now trading at $15.87.
View the best growth stocks for 2024 here
.

NextNav Inc. (NASDAQ:NN) issued its earnings results on Wednesday, August, 7th. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.07. The firm had revenue of $1.11 million for the quarter, compared to the consensus estimate of $1.63 million. NextNav had a negative trailing twelve-month return on equity of 128.95% and a negative net margin of 1,732.92%.

NextNav's top institutional investors include State Street Corp (1.59%), Geode Capital Management LLC (1.34%), Whitefort Capital Management LP (0.99%) and Charles Schwab Investment Management Inc. (0.43%). Insiders that own company stock include Joseph D Samberg, Ganesh Pattabiraman, Arun Raghupathy, Christian D Gates, Timothy M Presutti, David L Knutson, Robert Lantz and Sammaad Shams.
View institutional ownership trends
.

Shares of NN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that NextNav investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF) and Jabil (JBL).

Company Calendar

Last Earnings
8/07/2024
Today
11/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
Electronic Equipment
Fax
N/A
Employees
60
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+26.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-71,740,000.00
Net Margins
-1,732.92%
Pretax Margin
-1,728.89%

Debt

Sales & Book Value

Annual Sales
$3.86 million
Book Value
$0.51 per share

Miscellaneous

Free Float
108,633,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
0.94
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This page (NASDAQ:NN) was last updated on 11/23/2024 by MarketBeat.com Staff
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