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NextNav (NN) Competitors

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$15.35 -0.86 (-5.31%)
(As of 11/20/2024 ET)

NN vs. OLED, CRDO, QRVO, LITE, TSEM, PI, SITM, ALGM, LPL, and KLIC

Should you be buying NextNav stock or one of its competitors? The main competitors of NextNav include Universal Display (OLED), Credo Technology Group (CRDO), Qorvo (QRVO), Lumentum (LITE), Tower Semiconductor (TSEM), Impinj (PI), SiTime (SITM), Allegro MicroSystems (ALGM), LG Display (LPL), and Kulicke and Soffa Industries (KLIC). These companies are all part of the "electronic equipment" industry.

NextNav vs.

Universal Display (NASDAQ:OLED) and NextNav (NASDAQ:NN) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, media sentiment, institutional ownership, community ranking, profitability, earnings, analyst recommendations, valuation and risk.

In the previous week, NextNav had 13 more articles in the media than Universal Display. MarketBeat recorded 17 mentions for NextNav and 4 mentions for Universal Display. Universal Display's average media sentiment score of 0.65 beat NextNav's score of 0.54 indicating that Universal Display is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Universal Display
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NextNav
3 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Universal Display presently has a consensus target price of $215.63, indicating a potential upside of 29.97%. NextNav has a consensus target price of $20.00, indicating a potential upside of 30.29%. Given NextNav's stronger consensus rating and higher possible upside, analysts clearly believe NextNav is more favorable than Universal Display.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Universal Display
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
NextNav
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Universal Display received 560 more outperform votes than NextNav when rated by MarketBeat users. Likewise, 65.70% of users gave Universal Display an outperform vote while only 50.00% of users gave NextNav an outperform vote.

CompanyUnderperformOutperform
Universal DisplayOutperform Votes
565
65.70%
Underperform Votes
295
34.30%
NextNavOutperform Votes
5
50.00%
Underperform Votes
5
50.00%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Universal Display$576.43M13.66$203.01M$4.9833.31
NextNav$3.86M512.48-$71.74M-$0.75-20.47

Universal Display has a net margin of 36.98% compared to NextNav's net margin of -1,732.92%. Universal Display's return on equity of 15.75% beat NextNav's return on equity.

Company Net Margins Return on Equity Return on Assets
Universal Display36.98% 15.75% 13.72%
NextNav -1,732.92%-128.95%-51.21%

Universal Display has a beta of 1.43, meaning that its share price is 43% more volatile than the S&P 500. Comparatively, NextNav has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500.

78.2% of Universal Display shares are held by institutional investors. Comparatively, 79.2% of NextNav shares are held by institutional investors. 1.9% of Universal Display shares are held by company insiders. Comparatively, 15.7% of NextNav shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Universal Display beats NextNav on 12 of the 18 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.
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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.
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NN vs. The Competition

MetricNextNavSearch & navigation equipment IndustryBusiness SectorNASDAQ Exchange
Market Cap$2.09B$15.26B$6.90B$8.81B
Dividend YieldN/A1.67%2.90%4.06%
P/E Ratio-20.4721.1945.9017.77
Price / Sales512.4846.77171.6575.18
Price / CashN/A20.0424.0532.53
Price / Book30.1028.505.044.68
Net Income-$71.74M$493.28M$121.42M$226.08M
7 Day Performance8.48%2.55%0.13%-1.04%
1 Month Performance62.78%20.26%8.32%1.04%
1 Year Performance241.11%88.08%30.38%26.28%

NextNav Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NN
NextNav
3.2011 of 5 stars
$15.35
-5.3%
$20.00
+30.3%
+220.5%$2.09B$3.86M-20.4760Analyst Revision
OLED
Universal Display
3.9609 of 5 stars
$165.90
+0.9%
$215.63
+30.0%
+0.0%$7.80B$576.43M33.31456
CRDO
Credo Technology Group
3.0501 of 5 stars
$42.97
-2.2%
$36.56
-14.9%
+136.2%$7.14B$217.59M-268.56500Positive News
QRVO
Qorvo
4.8806 of 5 stars
$65.66
-0.9%
$102.88
+56.7%
-31.0%$6.27B$3.77B0.008,700Positive News
LITE
Lumentum
3.588 of 5 stars
$82.47
0.0%
$74.85
-9.2%
+86.1%$5.67B$1.36B0.007,257Insider Trade
TSEM
Tower Semiconductor
3.4646 of 5 stars
$46.65
-0.2%
$58.33
+25.0%
+67.7%$5.18B$1.42B25.225,215
PI
Impinj
4.8503 of 5 stars
$185.94
+1.7%
$224.60
+20.8%
+125.1%$5.17B$307.54M208.92475
SITM
SiTime
1.2982 of 5 stars
$208.67
+0.1%
$196.25
-6.0%
+75.6%$4.87B$143.99M0.00380Positive News
ALGM
Allegro MicroSystems
2.9256 of 5 stars
$20.14
+3.3%
$30.80
+52.9%
-29.9%$3.71B$849.88M-143.864,593Insider Trade
LPL
LG Display
1.4923 of 5 stars
$3.46
-1.7%
N/A-35.0%$3.52B$16.34B0.0066,418
KLIC
Kulicke and Soffa Industries
1.5236 of 5 stars
$46.70
+2.5%
$52.40
+12.2%
-8.5%$2.46B$706.23M0.002,746Analyst Downgrade
Buyback Announcement
Analyst Revision

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This page (NASDAQ:NN) was last updated on 11/21/2024 by MarketBeat.com Staff
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