B. Riley Has Pessimistic Outlook of NextNav Q2 Earnings

NextNav Inc. (NASDAQ:NN - Free Report) - Analysts at B. Riley decreased their Q2 2025 earnings per share estimates for shares of NextNav in a report issued on Sunday, May 11th. B. Riley analyst M. Crawford now expects that the company will post earnings of ($0.15) per share for the quarter, down from their prior forecast of ($0.14). The consensus estimate for NextNav's current full-year earnings is ($0.74) per share. B. Riley also issued estimates for NextNav's Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.16) EPS and FY2026 earnings at ($0.70) EPS.

NextNav Price Performance

Shares of NASDAQ:NN traded down $0.41 during trading on Wednesday, reaching $13.53. The stock had a trading volume of 264,312 shares, compared to its average volume of 1,062,795. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.01 and a current ratio of 5.01. The business has a fifty day moving average price of $12.29 and a 200-day moving average price of $13.30. The stock has a market cap of $1.79 billion, a PE ratio of -18.04 and a beta of 1.03. NextNav has a 1-year low of $6.47 and a 1-year high of $18.54.

NextNav (NASDAQ:NN - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.01). The firm had revenue of $1.54 million during the quarter, compared to analyst estimates of $1.87 million. NextNav had a negative net margin of 1,732.92% and a negative return on equity of 128.95%.

Institutional Trading of NextNav

Institutional investors and hedge funds have recently bought and sold shares of the business. Oppenheimer & Co. Inc. lifted its stake in NextNav by 170.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 27,000 shares of the company's stock worth $420,000 after purchasing an additional 17,000 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in NextNav by 1,580.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 216,625 shares of the company's stock worth $3,371,000 after acquiring an additional 203,734 shares during the period. Charles Schwab Investment Management Inc. increased its stake in NextNav by 5.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 576,254 shares of the company's stock worth $8,967,000 after purchasing an additional 29,448 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of NextNav by 3.2% in the fourth quarter. Rhumbline Advisers now owns 99,516 shares of the company's stock valued at $1,548,000 after purchasing an additional 3,075 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in NextNav by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 1,731,051 shares of the company's stock valued at $26,941,000 after acquiring an additional 39,543 shares in the last quarter. Institutional investors and hedge funds own 79.16% of the company's stock.

Insider Buying and Selling at NextNav

In other NextNav news, CAO Sammaad Shams sold 4,005 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $11.21, for a total transaction of $44,896.05. Following the completion of the sale, the chief accounting officer now directly owns 81,100 shares of the company's stock, valued at $909,131. This represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Christian D. Gates sold 5,730 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $11.24, for a total transaction of $64,405.20. Following the completion of the sale, the chief financial officer now owns 857,206 shares in the company, valued at $9,634,995.44. This represents a 0.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 72,705 shares of company stock worth $816,495 over the last quarter. 7.70% of the stock is currently owned by company insiders.

About NextNav

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.