NASDAQ:NN NextNav (NN) Stock Forecast, Price & News $2.67 +0.08 (+3.09%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2.57▼$2.6850-Day Range$1.77▼$2.8552-Week Range$1.59▼$3.85Volume364,380 shsAverage Volume328,636 shsMarket Capitalization$287.61 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media NextNav MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside162.2% Upside$7.00 Price TargetShort InterestBearish3.34% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$122,929 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($0.55) to ($0.56) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.86 out of 5 starsBusiness Services Sector245th out of 339 stocksSearch & Navigation Equipment Industry6th out of 10 stocks 3.3 Analyst's Opinion Consensus RatingNextNav has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, NextNav has a forecasted upside of 162.2% from its current price of $2.67.Amount of Analyst CoverageNextNav has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted3.34% of the outstanding shares of NextNav have been sold short.Short Interest Ratio / Days to CoverNextNav has a short interest ratio ("days to cover") of 11, which indicates bearish sentiment.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldNextNav does not currently pay a dividend.Dividend GrowthNextNav does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NN. Previous Next 2.7 News and Social Media Coverage News SentimentNextNav has a news sentiment score of 0.77. 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 higher news sentiment than the 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for NextNav this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added NextNav to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextNav insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,929.00 in company stock.Percentage Held by Insiders15.70% of the stock of NextNav is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.66% of the stock of NextNav is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for NextNav are expected to decrease in the coming year, from ($0.55) to ($0.56) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextNav is -6.07, 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. SectorThe P/E ratio of NextNav is -6.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNextNav has a P/B Ratio of 3.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextNav (NASDAQ:NN) StockNextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.Read More Receive NN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextNav and its competitors with MarketBeat's FREE daily newsletter. Email Address NN Stock News HeadlinesJune 1, 2023 | finance.yahoo.comNationwide US Carrier Selects NextNav's Pinnacle to Provide Precision Z-Axis Capabilities for 911 CallsMay 21, 2023 | americanbankingnews.comChristian D. Gates Sells 24,000 Shares of NextNav Inc. (NASDAQ:NN) StockJune 3, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>May 16, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for NextNav Inc. Raised by Analyst (NASDAQ:NN)May 14, 2023 | americanbankingnews.comAnalyzing NextNav (NASDAQ:NN) and Leonardo DRS (NASDAQ:DRS)May 12, 2023 | msn.comRecap: NextNav Q1 EarningsMay 11, 2023 | msn.comNextNav closes private offering of $50M notesMay 10, 2023 | finance.yahoo.comNextNav Inc. (NN) Reports Q1 Loss, Lags Revenue EstimatesJune 3, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>May 10, 2023 | finance.yahoo.comNextNav Inc. Reports First Quarter 2023 ResultsMay 10, 2023 | finance.yahoo.comNextNav Inc. Closes $50 Million Debt FinancingMay 10, 2023 | finance.yahoo.comNextNav to Participate in Upcoming ConferencesMay 9, 2023 | msn.comEarnings Preview For NextNavMay 9, 2023 | americanbankingnews.comNextNav (NN) Set to Announce Quarterly Earnings on WednesdayMay 8, 2023 | americanbankingnews.comInflection Point Acquisition (NASDAQ:IPAX) and NextNav (NASDAQ:NN) Head-To-Head SurveyApril 30, 2023 | finance.yahoo.comIs NextNav (NASDAQ:NN) In A Good Position To Deliver On Growth Plans?April 28, 2023 | finance.yahoo.comNextNav Pinnacle Z-Axis Technology Now Available on Hot Pepper Mobile's Tabasco PhoneApril 27, 2023 | finance.yahoo.comNextNav Vertical Location Technology with Floor Level Accuracy Now Available on Ultra-Rugged Kyocera DuraXV Extreme+April 27, 2023 | finance.yahoo.comNextNav Announces Date for First Quarter 2023 Earnings CallApril 25, 2023 | finance.yahoo.comBodytrak Partners With NextNav to Bring Vertical Location Intelligence to Wearable DevicesApril 19, 2023 | americanbankingnews.comComparing Inflection Point Acquisition (NASDAQ:IPAX) and NextNav (NASDAQ:NN)April 17, 2023 | finance.yahoo.comEcopia Partners with NextNav to Equip Emergency Response Teams with 3D VisualizationsMarch 30, 2023 | finance.yahoo.comNextNav (NASDAQ:NN) adds US$29m to market cap in the past 7 days, though investors from a year ago are still down 73%March 30, 2023 | americanbankingnews.comNextNav (NASDAQ:NN) PT Lowered to $7.00 at R. F. LaffertyMarch 29, 2023 | americanbankingnews.comFinancial Survey: Nextracker (NASDAQ:NXT) versus NextNav (NASDAQ:NN)March 29, 2023 | americanbankingnews.comNextNav Inc. (NASDAQ:NN) to Post FY2023 Earnings of ($0.68) Per Share, Oppenheimer ForecastsMarch 29, 2023 | americanbankingnews.comNextNav Inc. (NASDAQ:NN) Expected to Post Q1 2023 Earnings of ($0.19) Per ShareSee More Headlines NN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NN Company Calendar Last Earnings3/22/2023Today6/03/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Search & navigation equipment Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:NN CUSIPN/A CIK1865631 Webwww.spartacus-ac.com Phone800-775-0982FaxN/AEmployees61Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+162.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-40,120,000.00 Net Margins-1,314.42% Pretax Margin-1,316.53% Return on Equity-63.32% Return on Assets-52.04% Debt Debt-to-Equity RatioN/A Current Ratio6.33 Quick Ratio6.33 Sales & Book Value Annual Sales$3.93 million Price / Sales73.18 Cash FlowN/A Price / Cash FlowN/A Book Value$0.86 per share Price / Book3.10Miscellaneous Outstanding Shares107,720,000Free Float90,806,000Market Cap$287.61 million OptionableNot Optionable Beta1.76 Key ExecutivesMr. Gary M. Parsons (Age 71)Exec. Chairman Comp: $41.67kMr. Ganesh Pattabiraman (Age 48)Co-Founder, CEO, Pres & Director Comp: $388.63kDr. Arun Raghupathy (Age 49)Co-Founder & Sr. VP of Engineering Comp: $262.34kMr. Christian D. Gates (Age 49)Chief Financial Officer Comp: $344.48kMr. David L. Knutson (Age 52)Sr. VP of Operations & Deployment Sammaad R. ShamsCorp. Accounting OfficerMr. Robert H. Lantz (Age 59)VP, Gen. Counsel & Sec. Ms. Gillian SmithVP of MarketingMore ExecutivesKey CompetitorsGigaCloud TechnologyNASDAQ:GCTBurning Rock BiotechNASDAQ:BNRPriority TechnologyNASDAQ:PRTHSpree Acquisition Corp. 1NYSE:SHAPViant TechnologyNASDAQ:DSPView All CompetitorsInsiders & InstitutionsSammaad ShamsSold 6,744 sharesTotal: $15,174.00 ($2.25/share)Christian D GatesSold 24,000 sharesTotal: $52,800.00 ($2.20/share)JPMorgan Chase & Co.Bought 12,648 shares on 5/18/2023Ownership: 0.047%David L KnutsonSold 3,822 sharesTotal: $9,402.12 ($2.46/share)Robert LantzSold 5,879 sharesTotal: $14,462.34 ($2.46/share)View All Insider TransactionsView All Institutional Transactions NN Stock - Frequently Asked Questions Should I buy or sell NextNav stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextNav in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NN shares. View NN analyst ratings or view top-rated stocks. What is NextNav's stock price forecast for 2023? 2 Wall Street analysts have issued twelve-month target prices for NextNav's stock. Their NN share price forecasts range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next year. This suggests a possible upside of 162.2% from the stock's current price. View analysts price targets for NN or view top-rated stocks among Wall Street analysts. How have NN shares performed in 2023? NextNav's stock was trading at $2.93 at the start of the year. Since then, NN shares have decreased by 8.9% and is now trading at $2.67. View the best growth stocks for 2023 here. When is NextNav's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our NN earnings forecast. How were NextNav's earnings last quarter? NextNav Inc. (NASDAQ:NN) issued its quarterly earnings data on Wednesday, March, 22nd. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.04. The business earned $0.80 million during the quarter, compared to analyst estimates of $0.53 million. NextNav had a negative net margin of 1,314.42% and a negative trailing twelve-month return on equity of 63.32%. What is NextNav's stock symbol? NextNav trades on the NASDAQ under the ticker symbol "NN." Who are NextNav's major shareholders? NextNav's stock is owned by a variety of retail and institutional investors. Top institutional investors include Whitefort Capital Management LP (3.73%), BlackRock Inc. (2.82%), B. Riley Financial Inc. (1.02%), State Street Corp (0.99%), Geode Capital Management LLC (0.82%) and General American Investors Co. Inc. (0.75%). Insiders that own company stock include Christian D Gates, David L Knutson, Ganesh Pattabiraman, Robert Lantz, Sammaad Shams and Timothy M Presutti. View institutional ownership trends. How do I buy shares of NextNav? Shares of NN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NextNav's stock price today? One share of NN stock can currently be purchased for approximately $2.67. How much money does NextNav make? NextNav (NASDAQ:NN) has a market capitalization of $287.61 million and generates $3.93 million in revenue each year. The company earns $-40,120,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. How can I contact NextNav? NextNav's mailing address is 6470 E Johns Crossing Suite 490, Duluth GA, 30097. The official website for the company is www.spartacus-ac.com. The company can be reached via phone at 800-775-0982 or via email at info@spartacus-ac.com. This page (NASDAQ:NN) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NextNav Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.