Free Trial

NextNav (NN) Competitors

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

NN vs. PI, TSEM, ALGM, LITE, SITM, LPL, KLIC, VIAV, WOLF, and DQ

Should you be buying NextNav stock or one of its competitors? The main competitors of NextNav include Impinj (PI), Tower Semiconductor (TSEM), Allegro MicroSystems (ALGM), Lumentum (LITE), SiTime (SITM), LG Display (LPL), Kulicke and Soffa Industries (KLIC), Viavi Solutions (VIAV), Wolfspeed (WOLF), and Daqo New Energy (DQ). These companies are all part of the "electronic equipment" industry.

NextNav vs.

NextNav (NASDAQ:NN) and Impinj (NASDAQ:PI) are both business services companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, valuation, earnings, profitability, community ranking, media sentiment and analyst recommendations.

Impinj has higher revenue and earnings than NextNav. NextNav is trading at a lower price-to-earnings ratio than Impinj, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextNav$3.86M391.07-$71.74M-$0.85-14.06
Impinj$345.17M15.96-$43.37M$0.89218.78

79.2% of NextNav shares are held by institutional investors. 15.7% of NextNav shares are held by company insiders. Comparatively, 51.0% of Impinj shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Impinj has a net margin of 8.21% compared to NextNav's net margin of -2,181.52%. Impinj's return on equity of -1.64% beat NextNav's return on equity.

Company Net Margins Return on Equity Return on Assets
NextNav-2,181.52% -134.05% -56.81%
Impinj 8.21%-1.64%-0.36%

Impinj received 461 more outperform votes than NextNav when rated by MarketBeat users. Likewise, 68.58% of users gave Impinj an outperform vote while only 44.44% of users gave NextNav an outperform vote.

CompanyUnderperformOutperform
NextNavOutperform Votes
4
44.44%
Underperform Votes
5
55.56%
ImpinjOutperform Votes
465
68.58%
Underperform Votes
213
31.42%

In the previous week, Impinj had 20 more articles in the media than NextNav. MarketBeat recorded 22 mentions for Impinj and 2 mentions for NextNav. Impinj's average media sentiment score of 0.37 beat NextNav's score of 0.19 indicating that Impinj is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextNav
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Impinj
8 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Impinj has a consensus price target of $224.60, indicating a potential upside of 15.35%. Given Impinj's higher probable upside, analysts plainly believe Impinj is more favorable than NextNav.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextNav
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Impinj
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90

NextNav has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500. Comparatively, Impinj has a beta of 1.8, meaning that its stock price is 80% more volatile than the S&P 500.

Summary

Impinj beats NextNav on 15 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NN vs. The Competition

MetricNextNavSearch & navigation equipment IndustryBusiness SectorNASDAQ Exchange
Market Cap$1.47B$16.42B$6.70B$8.53B
Dividend YieldN/A1.66%2.62%4.14%
P/E Ratio-14.0618.3239.5515.12
Price / Sales391.0745.10213.81100.87
Price / CashN/A17.2124.8934.09
Price / Book16.3723.374.555.02
Net Income-$71.74M$455.34M$114.67M$225.46M
7 Day Performance14.14%6.91%-0.76%0.37%
1 Month Performance57.65%9.52%-0.14%3.57%
1 Year Performance159.78%51.67%23.49%29.43%

NextNav Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NN
NextNav
1.0512 of 5 stars
$11.95
+2.8%
N/A+161.5%$1.51B$3.86M-14.0660
PI
Impinj
4.5899 of 5 stars
$205.63
+2.5%
$224.60
+9.2%
+211.8%$5.70B$345.17M231.04475Insider Selling
TSEM
Tower Semiconductor
3.564 of 5 stars
$45.17
+0.9%
$51.33
+13.6%
+82.3%$5.01B$1.39B10.205,215Positive News
ALGM
Allegro MicroSystems
3.3058 of 5 stars
$23.55
+2.2%
$33.38
+41.7%
-18.1%$4.56B$937.99M61.984,593Analyst Forecast
Short Interest ↓
News Coverage
LITE
Lumentum
3.4834 of 5 stars
$64.96
+0.9%
$60.77
-6.5%
+68.8%$4.39B$1.36B-8.037,257Upcoming Earnings
SITM
SiTime
1.0473 of 5 stars
$181.86
+1.6%
$136.25
-25.1%
+76.3%$4.21B$143.99M-44.14380Upcoming Earnings
Positive News
LPL
LG Display
0.4783 of 5 stars
$3.70
+2.5%
N/A-17.9%$3.70B$24.14T-1.6466,418Gap Up
KLIC
Kulicke and Soffa Industries
0.9079 of 5 stars
$46.13
+3.5%
$47.33
+2.6%
+9.6%$2.56B$727.23M-44.363,025Analyst Downgrade
Positive News
VIAV
Viavi Solutions
4.5448 of 5 stars
$9.25
+1.2%
$10.71
+15.8%
+29.1%$2.06B$1.00B-77.083,600Earnings Report
Analyst Forecast
News Coverage
WOLF
Wolfspeed
3.042 of 5 stars
$15.35
+3.3%
$22.43
+46.2%
-59.7%$1.93B$807.20M-2.215,013Upcoming Earnings
DQ
Daqo New Energy
2.4483 of 5 stars
$29.15
+14.1%
$22.26
-23.6%
-5.8%$1.92B$1.60B-28.585,765Analyst Upgrade
Short Interest ↑
High Trading Volume

Related Companies and Tools


This page (NASDAQ:NN) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners