NextNav Inc [NN] stock prices are up 2.80% to $12.87 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NN shares have gain 8.52% over the last week, with a monthly amount drifted -3.16%, 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.
The stock price of NextNav Inc [NN] has been fluctuating between $6.47 and $18.54 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. NextNav Inc [NASDAQ: NN] shares were valued at $12.87 at the most recent close of the market. An investor can expect a potential drop of -30.07% based on the average NN price forecast.
Analyzing the NN fundamentals
The NextNav Inc [NASDAQ:NN] reported sales of 6.16M for trailing twelve months, representing a surge of 47.13%. Gross Profit Margin for this corporation currently stands at -0.71% with Operating Profit Margin at -9.89%, Pretax Profit Margin comes in at -20.88%, and Net Profit Margin reading is -20.91%. To continue investigating profitability, this company’s Return on Assets is posted at -0.48, Equity is -2.77 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.59.
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 12.42 points at the first support level, and at 11.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.12, and for the 2nd resistance point, it is at 13.36.
Ratios To Look Out For
It’s worth pointing out that NextNav Inc [NASDAQ:NN]’s Current Ratio is 16.75. Also, the Quick Ratio is 16.75, while the Cash Ratio stands at 13.03. Considering the valuation of this stock, the price to sales ratio is 276.62, the price to book ratio is 259.01.
Transactions by insiders
Recent insider trading involved Gates Christian D., Chief Financial Officer, that happened on May 12 ’25 when 1252.0 shares were sold. Officer, Shamsunder Sanyogita completed a deal on May 13 ’25 to buy 14448.0 shares. Meanwhile, Officer Raghupathy Arun bought 1158.0 shares on May 13 ’25.
