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NASDAQ:NN

NextNav (NN) Stock Price, News & Analysis

NextNav logo
$11.95
+0.33 (+2.84%)
(As of 11/1/2024 ET)

About NextNav Stock (NASDAQ:NN)

Key Stats

Today's Range
$11.69
$12.13
50-Day Range
$6.93
$11.95
52-Week Range
$3.55
$12.13
Volume
609,504 shs
Average Volume
722,596 shs
Market Capitalization
$1.51 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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
21st Percentile Overall Score

NN MarketRank™: 

NextNav scored higher than 21% of companies evaluated by MarketBeat, and ranked 288th out of 342 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for NextNav are expected to grow in the coming year, from ($0.80) to ($0.51) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NextNav is -14.06, 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 -14.06, 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 16.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about NextNav's valuation and earnings.
  • Percentage of Shares Shorted

    11.33% 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 18.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in NextNav has recently decreased by 9.72%, 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

    11.33% 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 18.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in NextNav has recently decreased by 9.72%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    NextNav has a news sentiment score of 0.19. 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 is a lower news sentiment than the 0.44 average news sentiment score of Business Services companies.
  • News Coverage This Week

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

    Only 14 people have searched for NN on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added NextNav to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, NextNav insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,558,250.00 in company stock and sold $0.00 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 (NASDAQ:NN) Reaches New 1-Year High - Should You Buy?
B. Riley Weighs in on NextNav's Q3 Earnings (NASDAQ:NN)
Sell NVDA Now?
Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
NextNav notes report on total quantified value of terrestrial GPS backup
NextNav Announces Date for Third Quarter 2024 Earnings Call
NextNav exec sells shares worth over $5,500
See More Headlines

NN Stock Analysis - Frequently Asked Questions

NextNav's stock was trading at $4.45 at the beginning of 2024. Since then, NN stock has increased by 168.5% and is now trading at $11.95.
View the best growth stocks for 2024 here
.

NextNav Inc. (NASDAQ:NN) posted its quarterly earnings results on Wednesday, August, 7th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.07. The company had revenue of $1.11 million for the quarter, compared to analysts' expectations of $1.63 million. NextNav had a negative trailing twelve-month return on equity of 134.05% and a negative net margin of 2,181.52%.

NextNav's top institutional shareholders include SG Americas Securities LLC (0.02%), Van ECK Associates Corp (0.02%) and Nisa Investment Advisors LLC (0.01%). 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
11/02/2024
Next Earnings (Confirmed)
11/13/2024
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

Profitability

Net Income
$-71,740,000.00
Net Margins
-2,181.52%
Pretax Margin
-2,177.00%

Debt

Sales & Book Value

Annual Sales
$3.86 million
Book Value
$0.73 per share

Miscellaneous

Free Float
106,488,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
0.93
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This page (NASDAQ:NN) was last updated on 11/2/2024 by MarketBeat.com Staff
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