During the last session, NextNav Inc (NASDAQ:NN)’s traded shares were 2.67 million, with the beta value of the company hitting 1.21. At the end of the trading day, the stock’s price was $11.50, reflecting an intraday gain of 22.34% or $2.1. The 52-week high for the NN share is $18.54, that puts it down -61.22 from that peak though still a striking 69.13% gain since the share price plummeted to a 52-week low of $3.55. The company’s market capitalization is $1.50B, and the average trade volume was 1.30 million shares over the past three months.
NextNav Inc (NASDAQ:NN) trade information
NextNav Inc (NN) registered a 22.34% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 22.34% in intraday trading to $11.50, hitting a weekly high. The stock’s 5-day price performance is 10.47%, and it has moved by -3.81% in 30 days. Based on these gigs, the overall price performance for the year is 167.44%.
The consensus price target of analysts on Wall Street is $9, which implies a decrease of -27.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, NN is trading at a premium of 21.74% off the target high and 21.74% off the low.
NextNav Inc (NN) estimates and forecasts
In the rating firms’ projections, revenue will increase 42.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.73M as predicted by 2 analyst(s).
While earnings are projected to return -12.12% in 2025, the next five years will return 13.31% per annum.
NN Dividends
NextNav Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 8.19 million shares, is of NEA MANAGEMENT COMPANY, LLC’s that is approximately 7.108% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $66.41 million.
Also, the Mutual Funds coming in first place with the largest holdings of NextNav Inc (NN) shares are iShares Russell 2000 ETF and Vanguard Information Technology Index Fund . Data provided on Dec 31, 2024 indicates that iShares Russell 2000 ETF owns about 2.08 shares. This amounts to just over 1.59 percent of the company’s overall shares, with a $23.88 million market value. The same data shows that the other fund manager holds slightly less at 980.61, or about 0.75% of the stock, which is worth about $11.28 million.
