NextNav (NN) Stock Overview
Provides positioning, navigation, and timing (PNT) solutions in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
NN Community Fair Values
Create NarrativeSee what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
NextNav Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.92 |
| 52 Week High | US$24.42 |
| 52 Week Low | US$10.87 |
| Beta | 1.13 |
| 1 Month Change | -22.17% |
| 3 Month Change | -17.93% |
| 1 Year Change | -13.91% |
| 3 Year Change | 190.84% |
| 5 Year Change | 47.50% |
| Change since IPO | 53.03% |
Recent News & Updates
Recent updates
NN: Terrestrial 5G PNT Progress Will Drive Future Upside Potential
Analysts have trimmed their average price target on NextNav from $39.50 to about $33.67, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and a very high future P/E multiple. What’s in the News for NextNav NextNav announced an agreement with Safran Electronics & Defense to integrate and test interoperability between NextNav's terrestrial 5G Positioning, Navigation, and Timing network in Santa Clara County, California, and Safran's timing and navigation receiver.
NN: FCC Ruling And 5G Spectrum Use Will Drive Future Upside
Analysts have reduced their price target for NextNav from $29.00 to $22.00, reflecting updated assumptions regarding discount rates, revenue growth expectations, and a lower yet still very large future P/E estimate. What’s in the News for NextNav Investment firm Laughing Water Capital highlighted NextNav in its Q2 2026 investor letter, noting the company’s wait for a Federal Communications Commission (FCC) Notice of Proposed Rule Making to use its wireless spectrum for 5G communication.NN: Redemption Of Convertible Notes Will Drive Future Upside Potential
Analysts have raised their price target on NextNav from $20.00 to $39.50, citing updated assumptions around the discount rate, revenue trends, profit margins, and a very large forward P/E multiple. What’s in the News for NextNav NextNav announced a notice of redemption for all outstanding 5.00% Senior Secured Convertible Notes due 2028, with redemption set for June 25, 2026, at 100% of principal plus accrued interest, after its stock price met the required 160% conversion price condition.NextNav Stock Will Face Regulatory PNT Delays Yet Long-Term AI Demand Will Build
Catalysts About NextNav NextNav develops terrestrial positioning, navigation and timing services designed to act as a backup and complement to GPS, using low band spectrum and 3D geolocation capabilities. What are the underlying business or industry changes driving this perspective?
Regulatory Momentum And Low Band Spectrum Will Position Terrestrial PNT For Long Term Success
Catalysts About NextNav NextNav develops terrestrial positioning, navigation and timing, or PNT, and 3D geolocation solutions designed to act as a backup and complement to GPS using low band spectrum and 5G technology. What are the underlying business or industry changes driving this perspective?We Think NextNav (NASDAQ:NN) Has A Fair Chunk Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...NextNav: Negotiating From A Position Of Strength Should Fuel Considerable Additional Upside
Summary NextNav Inc. is our largest position and key contributor to 2024 returns, pending FCC updates on their 900 MHz spectrum band petition. Despite recent stock pressure from private equity sales, NextNav's spectrum could be valued at ~$40 per share if FCC approval is granted. The market's binary view of NextNav's FCC petition is flawed; negotiations and compromises are possible, unlike pharmaceutical trials. Strong support from incoming FCC Chair Brendan Carr and other Commissioners suggests favorable chances for NextNav's petition, enhancing national security and 5G spectrum needs. Read the full article on Seeking AlphaIs NextNav (NASDAQ:NN) Using Debt Sensibly?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Does NextNav (NASDAQ:NN) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Shareholder Returns
| NN | US Software | US Market | |
|---|---|---|---|
| 7D | 0.6% | 0.6% | -1.1% |
| 1Y | -13.9% | -9.3% | 11.7% |
Return vs Industry: NN underperformed the US Software industry which returned -9.3% over the past year.
Return vs Market: NN underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| NN volatility | |
|---|---|
| NN Average Weekly Movement | 10.0% |
| Software Industry Average Movement | 9.4% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: NN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NN's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 103 | Mariam Sorond | nextnav.com |
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation.
NextNav Inc. Fundamentals Summary
| NN fundamental statistics | |
|---|---|
| Market cap | US$2.47b |
| Earnings (TTM) | -US$111.85m |
| Revenue (TTM) | US$3.98m |
Is NN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NN income statement (TTM) | |
|---|---|
| Revenue | US$3.98m |
| Cost of Revenue | US$8.15m |
| Gross Profit | -US$4.17m |
| Other Expenses | US$107.68m |
| Earnings | -US$111.85m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.66 |
| Gross Margin | -104.90% |
| Net Profit Margin | -2,812.55% |
| Debt/Equity Ratio | 0% |
How did NN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/17 21:48 |
| End of Day Share Price | 2026/09/17 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NextNav Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Crawford | B. Riley Securities, Inc. |
| Timothy Horan | Oppenheimer & Co. Inc. |