Given A -14.02% Drop From High, Can NextNav Inc (NASDAQ: NN) Quickly Recover?

During the last session, NextNav Inc (NASDAQ:NN)’s traded shares were 2.0 million, with the beta value of the company hitting 1.06. At the end of the trading day, the stock’s price was $16.26, reflecting an intraday gain of 1.37% or $0.22. The 52-week high for the NN share is $18.54, that puts it down -14.02 from that peak though still a striking 60.21% gain since the share price plummeted to a 52-week low of $6.47. The company’s market capitalization is $2.15B, and the average intraday trading volume over the past 10 days was 1.61 million shares, and the average trade volume was 1.22 million shares over the past three months.

NextNav Inc (NASDAQ:NN) trade information

NextNav Inc (NN) registered a 1.37% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.37% in intraday trading to $16.26, hitting a weekly high. The stock’s 5-day price performance is 5.17%, and it has moved by 31.87% in 30 days. Based on these gigs, the overall price performance for the year is 4.50%. The short interest in NextNav Inc (NASDAQ:NN) is 17.29 million shares and it means that shorts have 15.19 day(s) to cover.

The consensus price target of analysts on Wall Street is $9, which implies a decrease of -80.67% 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 44.65% off the target high and 44.65% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.78%. While earnings are projected to return -0.60% in 2025.

NN Dividends

NextNav Inc is due to release its next quarterly earnings on 2025-May-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

NextNav Inc (NASDAQ:NN)’s Major holders

NextNav Inc insiders own 32.15% of total outstanding shares while institutional holders control 54.74%, with the float percentage being 80.69%. FORTRESS INVESTMENT GROUP LLC is the largest shareholder of the company, while 235.0 institutions own stock in it. As of 2024-06-30, the company held over 14.18 million shares (or 12.3063% of all shares), a total value of $114.98 million in shares.

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 Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on May 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 2.01 shares. This amounts to just over 1.52 percent of the company’s overall shares, with a $32.69 million market value. The same data shows that the other fund manager holds slightly less at 1.86, or about 1.41% of the stock, which is worth about $30.3 million.

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