A share price of NextNav Inc [NN] is currently trading at $16.25, up 1.98%. 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 7.80% over the last week, with a monthly amount glided 37.32%, and 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.
NextNav Inc experienced fluctuations in its stock price throughout the past year between $6.47 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 $16.25 at the most recent close of the market. An investor can expect a potential drop of -44.62% based on the average NN price forecast.
Analyzing the NN fundamentals
Trailing Twelve Months sales for NextNav Inc [NASDAQ:NN] were 6.16M which represents 47.13% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.59.
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 15.81 points at the first support level, and at 15.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.48, and for the 2nd resistance point, it is at 16.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for NextNav Inc [NASDAQ:NN] is 16.75. In addition, the Quick Ratio stands at 16.75 and the Cash Ratio stands at 13.03. Considering the valuation of this stock, the price to sales ratio is 349.15, the price to book ratio is 326.93.
Transactions by insiders
Recent insider trading involved Shams Sammaad, Chief Accounting Officer, that happened on Jun 20 ’25 when 102.0 shares were sold. CEO, President and Director, Sorond Mariam completed a deal on Jun 20 ’25 to sell 69853.0 shares. Meanwhile, Director MARIAM SOROND bought 69853.0 shares on Jun 20 ’25.