At the time of writing, NextNav Inc [NN] stock is trading at $11.38, up 3.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NN shares have gain 11.79% over the last week, with a monthly amount drifted -6.95%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
NextNav Inc [NASDAQ: NN] stock has seen the most recent analyst activity on November 14, 2024, when B. Riley Securities reiterated its Buy rating and also boosted its price target to $20 from $12. Previously, Oppenheimer downgraded its rating to Perform on August 12, 2022. On January 06, 2022, R. F. Lafferty initiated with a Buy rating and assigned a price target of $16 on the stock.
For the past year, the stock price of NextNav Inc fluctuated between $3.95 and $18.54. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. NextNav Inc [NASDAQ: NN] shares were valued at $11.38 at the most recent close of the market. An investor can expect a potential drop of -20.91% based on the average NN price forecast.
Analyzing the NN fundamentals
According to NextNav Inc [NASDAQ:NN], the company’s sales were 5.67M for trailing twelve months, which represents an 58.59% jump. Gross Profit Margin for this corporation currently stands at -1.13% with Operating Profit Margin at -10.6%, Pretax Profit Margin comes in at -17.94%, and Net Profit Margin reading is -17.97%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is -1.73 and Total Capital is -0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.98 points at the first support level, and at 10.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.65, and for the 2nd resistance point, it is at 11.91.
Ratios To Look Out For
It is important to note that NextNav Inc [NASDAQ:NN] has a current ratio of 7.09. In addition, the Quick Ratio stands at 7.09 and the Cash Ratio stands at 3.24. Considering the valuation of this stock, the price to sales ratio is 263.83, the price to book ratio is 29.77.
Transactions by insiders
Recent insider trading involved MARIAM SOROND, Director, that happened on Mar 17 ’25 when 62868.0 shares were purchased. Officer, SAMMAAD SHAMS completed a deal on Mar 17 ’25 to buy 688.0 shares. Meanwhile, Officer CHRISTIAN D. GATES bought 15098.0 shares on Mar 17 ’25.
