Noble Financial Has Bullish Outlook for NN FY2026 Earnings

Key Points

• Noble Financial raised NN’s FY2026 EPS forecast to $0.20 from $0.15, above the current consensus estimate of $0.15.
• NN exceeded quarterly expectations, reporting EPS of $0.07 versus the $0.02 consensus and revenue of $131.1 million versus estimates of $118.1 million.
• Analyst sentiment is mixed but leans positive, with a consensus rating of “Moderate Buy” and an average price target of $5.67; institutional investors and hedge funds own 53.92% of the stock.

NN, Inc. (NASDAQ:NNBR - Free Report) - Equities research analysts at Noble Financial lifted their FY2026 EPS estimates for shares of NN in a report issued on Monday, November 2nd. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings per share of $0.20 for the year, up from their prior forecast of $0.15. The consensus estimate for NN's current full-year earnings is $0.15 per share.

NN (NASDAQ:NNBR - Get Free Report) last posted its earnings results on Wednesday, October 28th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. The firm had revenue of $131.10 million for the quarter, compared to analyst estimates of $118.10 million. NN had a positive return on equity of 43.10% and a negative net margin of 5.43%.

Other analysts have also recently issued research reports about the company. Craig Hallum started coverage on NN in a research report on Monday, July 20th. They set a "buy" rating and a $7.00 price objective for the company. Weiss Ratings restated a "sell (d-)" rating on shares of NN in a report on Thursday, October 15th. Zacks Research raised shares of NN from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 9th. Wall Street Zen downgraded shares of NN from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Lake Street Capital reissued a "buy" rating and issued a $7.00 price objective on shares of NN in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $5.67.

NN Stock Performance

NASDAQ NNBR opened at $3.72 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 7.70. NN has a fifty-two week low of $1.10 and a fifty-two week high of $4.79. The business has a fifty day moving average of $3.63 and a 200-day moving average of $2.72. The stock has a market cap of $348.73 million, a price-to-earnings ratio of -4.33 and a beta of 2.65.

Hedge Funds Weigh In On NN

Institutional investors have recently added to or reduced their stakes in the business. State of Wyoming acquired a new stake in NN in the 3rd quarter worth about $36,000. Addison Advisors LLC acquired a new position in shares of NN during the 2nd quarter valued at about $39,000. AIGH Capital Management LLC acquired a new position in shares of NN during the 2nd quarter valued at about $41,000. AssuredPartners Investment Advisors LLC acquired a new position in shares of NN during the 2nd quarter valued at about $44,000. Finally, Nierenberg Investment Management Company LLC purchased a new position in shares of NN during the 2nd quarter worth about $48,662. 53.92% of the stock is currently owned by institutional investors and hedge funds.

About NN

NN, Inc NASDAQ: NNBR is a diversified industrial manufacturer that produces highly engineered components and assemblies for customers in the automotive, electrical, industrial, aerospace, and medical markets. Its products are designed for applications that require precision, durability, and consistent performance.

The company's manufacturing capabilities have included precision machining, metal forming, plastic injection molding, and the production of complex assemblies. NN, Inc has supplied components used in systems such as automotive powertrains, electrical and industrial equipment, medical devices, and other specialized products.

Founded in 1980 as NN Ball & Roller, the company expanded beyond its original bearing-component operations through acquisitions and later adopted the NN, Inc name.

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