NASDAQ:NN NextNav (NN) Stock Forecast, Price & News $2.77 +0.04 (+1.47%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$2.68▼$2.8050-Day Range$1.83▼$2.8552-Week Range$1.59▼$3.85Volume356,003 shsAverage Volume386,497 shsMarket Capitalization$298.38 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/Downside152.7% 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.1.95 out of 5 starsComputer And Technology Sector397th out of 606 stocksSoftware—Infrastructure Industry2nd out of 2 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 152.7% from its current price of $2.77.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 0.50 average news sentiment score of Computer and Technology 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 4.2 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 Insiders20.80% 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 -6.30, 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 -6.30, 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 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextNav (NASDAQ:NN) StockNextNav 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, which is based on three primary components comprising an altitude station network, device software, and secure cloud services platform. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation including broadcast transmitter. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. 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 6, 2023 | Chaikin Analytics (Ad)Wall Street Legend Who Called AMZN Crash Issues New Sell AlertNow, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.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 6, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.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 Earnings3/22/2023Today6/06/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Software—Infrastructure Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:NN CUSIPN/A CIK1865631 Webwww.spartacus-ac.com Phone800-775-0982FaxN/AEmployees106Year 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+152.7%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 / Sales75.92 Cash FlowN/A Price / Cash FlowN/A Book Value$0.98 per share Price / Book2.83Miscellaneous Outstanding Shares107,720,000Free Float85,313,000Market Cap$298.38 million OptionableNot Optionable Beta1.76 Key ExecutivesMr. Gary M. Parsons (Age 72)Exec. Chairman Comp: $218.9kMr. Ganesh Pattabiraman (Age 49)Co-Founder, CEO, Pres & Director Comp: $361.75kMr. Christian D. Gates (Age 50)Chief Financial Officer Comp: $286.68kMr. David L. Knutson (Age 53)Sr. VP of Operations & Deployment Comp: $286kDr. Arun Raghupathy (Age 50)Co-Founder & CTO Sammaad R. ShamsCorp. Accounting OfficerMr. Robert H. Lantz (Age 60)VP, Gen. Counsel & Sec. Ms. Gillian SmithChief Marketing OfficerMore 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 brokerages have issued 1 year price objectives for NextNav's stock. Their NN share price forecasts range from $7.00 to $7.00. On average, they expect the company's stock price to reach $7.00 in the next year. This suggests a possible upside of 152.7% 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 on January 1st, 2023. Since then, NN stock has decreased by 5.5% and is now trading at $2.77. 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) released its quarterly earnings results on Wednesday, March, 22nd. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.04. The firm earned $0.80 million during the quarter, compared to analysts' expectations of $0.53 million. NextNav had a negative trailing twelve-month return on equity of 63.32% and a negative net margin of 1,314.42%. 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 many different institutional and retail investors. Top institutional shareholders 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 $2.77. How much money does NextNav make? NextNav (NASDAQ:NN) has a market capitalization of $298.38 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 many employees does NextNav have? The company employs 106 workers across the globe. 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. 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