Is There More Upside Ahead For NextNav Inc (NASDAQ: NN)

NextNav Inc (NN) concluded trading on Thursday at a closing price of $11.20, with 3.6 million shares of worth about $40.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 55.34% during that period and on March 13, 2025 the price saw a gain of about 9.06%. Currently the company’s common shares owned by public are about 130.57M shares, out of which, 59.03M shares are available for trading.

Stock saw a price change of 0.27% in past 5 days and over the past one month there was a price change of -5.72%. Year-to-date (YTD), NN shares are showing a performance of -28.02% which increased to 112.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.95 but also hit the highest price of $18.54 during that period. The average intraday trading volume for NextNav Inc shares is 1.39 million. The stock is currently trading 1.19% above its 20-day simple moving average (SMA20), while that difference is down -8.14% for SMA50 and it goes to 6.21% higher than SMA200.

NextNav Inc (NASDAQ: NN) currently have 130.57M outstanding shares and institutions hold larger chunk of about 37.01% of that.

The stock has a current market capitalization of $1.46B and its 3Y-monthly beta is at 1.15. It has posted earnings per share of -$0.75 in the same period. It has Quick Ratio of 5.01 while making debt-to-equity ratio of 1.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NN, volatility over the week remained 13.15% while standing at 9.26% over the month.

Stock’s fiscal year EPS is expected to rise by 40.48% while it is estimated to increase by 15.00% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on November 14, 2024 offering a Buy rating for the stock and assigned a target price range of between $12 and $20 to it.

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