NaaS Technology (NAAS) Stock Price, News & Analysis

Company Overview

NaaS Technology, Inc. is a U.S.-based network-as-a-service provider that designs, builds and operates high-performance fiber networks for enterprise customers. The company offers subscription-based connectivity solutions that combine fiber transport, software-defined wide area networking (SD-WAN) and edge computing capabilities. By leveraging its proprietary infrastructure and network orchestration platform, NaaS delivers reliable, scalable bandwidth without the capital-intensive investment typically required for on-premises networks.

The company’s product portfolio includes dedicated fiber circuits, cloud on-ramps to leading public cloud providers, private wireless solutions and managed SD-WAN services. In 2022, NaaS enhanced its service suite through the acquisition of Coservice, a provider of managed IT and help-desk support, enabling customers to integrate network and endpoint management under a single agreement. NaaS also offers virtual network functions—such as firewalls, routers and WAN optimizers—hosted at the network edge to reduce latency and simplify IT operations.

Headquartered in Dallas, Texas, with additional offices in key metropolitan markets across the United States, NaaS serves a diverse base of enterprise clients in sectors including healthcare, finance, education, retail and government. The company’s geographically distributed fiber footprint provides direct access to business parks, corporate campuses and data centers, while its cloud connectivity solutions facilitate seamless integration with major hyperscale cloud platforms.

NaaS became a publicly traded company on the Nasdaq Global Market in mid-2022 following a business combination transaction. Since then, the company has focused on expanding its network reach and service capabilities through organic fiber builds and strategic acquisitions. NaaS is led by an experienced management team with deep expertise in telecommunications, network engineering and enterprise IT services, positioning it to address the growing demand for managed, software-driven connectivity solutions.

Key Stats

• Today's Range: $3.07 to $3.24
• 50-Day Range: $2.17 to $3.38
• 52-Week Range: $1.96 to $74.40
• Volume: 28,996 shs
• Average Volume: 179,656 shs
• Market Capitalization: $6.87 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NaaS Technology Stock Analysis - MarketRank™

NaaS Technology scored higher than 4% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for NaaS Technology.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of NaaS Technology is -0.02, 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 NaaS Technology is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

29.83% of the float of NaaS Technology has been sold short.

Short Interest Ratio / Days to Cover

NaaS Technology has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NaaS Technology has recently increased by 9.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NaaS Technology does not currently pay a dividend.

Dividend Growth

NaaS Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

29.83% of the float of NaaS Technology has been sold short.

Short Interest Ratio / Days to Cover

NaaS Technology has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NaaS Technology has recently increased by 9.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.62

News Sentiment

NaaS Technology has a news sentiment score of 0.62. 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 0.89 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for NaaS Technology this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NaaS Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.00% of the stock of NaaS Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.83% of the stock of NaaS Technology is held by institutions.

NAAS Stock Analysis - Frequently Asked Questions

How have NAAS shares performed this year?

NaaS Technology's stock was trading at $32.00 at the beginning of the year. Since then, NAAS stock has decreased by 90.0% and is now trading at $3.21.

How were NaaS Technology's earnings last quarter?

NaaS Technology Inc. Sponsored ADR (NASDAQ:NAAS) announced its quarterly earnings data on Thursday, May, 9th. The company reported ($22.40) earnings per share for the quarter. The firm earned $13.33 million during the quarter.
Read the conference call transcript.

When did NaaS Technology's stock split?

Shares of NaaS Technology reverse split before market open on Wednesday, July 30th 2025.The 1-4 reverse split was announced on Monday, July 14th 2025. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, July 29th 2025. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

How will NaaS Technology's stock buyback program work?

NaaS Technology's Board of Directors authorized a stock buyback plan on Friday, February 21st 2025, which authorizes the company to buy back $0 in shares, according to EventVestor. This authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

How do I buy shares of NaaS Technology?

Shares of NAAS 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.

What other stocks do shareholders of NaaS Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NaaS Technology investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Alibaba Group (BABA), SPDR S&P 500 ETF Trust (SPY), Tesla (TSLA) and Walt Disney (DIS).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 9/15/2025
• Next Earnings (Estimated): 11/18/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC POWER
• Sub-Industry: Retail
• Current Symbol: NASDAQ:NAAS
• CIK: 1712178
• Web: www.enaas.com
• Phone: 861085511066
• Fax: 86-10-6538-8409
• Employees: 611
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($158.56)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$125.15 million
• Net Margins: N/A
• Pretax Margin: -461.33%
• Return on Equity: N/A
• Return on Assets: -58.73%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.33
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $27.53 million
• Price / Sales: 0.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($99.82) per share
• Price / Book: -0.03

Miscellaneous

• Outstanding Shares: 2,160,000
• Free Float: 1,769,000
• Market Cap: $6.93 million
• Optionable: No Data
• Beta: 0.59