Analysts predict NextNav Inc (NN) stock to reach $9 in the next 12 months

At the time of writing, NextNav Inc [NN] stock is trading at $1220000.0, up 1432799%. 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 15.73% over the last week, with a monthly amount glided 8.78%, 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.

For the past year, the stock price of NextNav Inc fluctuated 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 $1220000.0 at the most recent close of the market. An investor can expect a potential drop of -100.0% based on the average NN price forecast.

Analyzing the NN fundamentals

According to NextNav Inc [NASDAQ:NN], the company’s sales were 6.16M for trailing twelve months, which represents an 47.13% jump. 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.

Ratios To Look Out For

It is important to note that NextNav Inc [NASDAQ:NN] has a current ratio of 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 311.43, the price to book ratio is 291.61.

Transactions by insiders

Recent insider trading involved MARIAM SOROND, Director, that happened on Jun 20 ’25 when 69853.0 shares were purchased. Officer, SAMMAAD SHAMS completed a deal on Jun 20 ’25 to buy 102.0 shares. Meanwhile, Chief Accounting Officer Shams Sammaad sold 1401.0 shares on Jun 17 ’25.

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