Nextnav Inc. (NN) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Nextnav Inc. (NN) stock forecast summary
Our AI ranks Nextnav Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Nextnav Inc. is a small-cap company with a market capitalization of $1.62B. It ranks number 7 by market capitalization among the 10 Search, Detection, Navigation, Guidance, Aeronautical Sys issuers in our coverage with a current forecast. Its Gross Margin of -104.9% is the lowest of the 8 peers that report one. Its Current Ratio of 25.63x is the highest of the 10 peers that report one.
For NN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -22.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How NN ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Nextnav Inc. (NN) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Search, Detection, Navigation, Guidance, Aeronautical Sys peers listed below that report each metric.
Valuation & Market
| Metric | NN | Rank |
|---|---|---|
| Market Cap | $1.62B | 7/10 |
| P/B Ratio | 4.84x | 3/9 |
| EPS | $-1.18 | – |
| Book Value/Share | $1.98 | – |
| Revenue/Share | $0.02 | – |
| FCF/Share | $-0.31 | – |
Profitability & Margins
| Metric | NN | Rank |
|---|---|---|
| ROE | -33.4% | 8/9 |
| ROA | -28.8% | 9/10 |
| ROIC | -20.0% | 9/9 |
| Gross Margin | -104.9% | 8/8 |
| Operating Margin | -1900.4% | 9/10 |
| Net Margin | -2812.6% | 9/10 |
| EBT Margin | -2807.2% | 9/10 |
| Tax Rate | -0.2% | – |
Financial Health
| Metric | NN | Rank |
|---|---|---|
| Current Ratio | 25.63x | 1/10 |
| D/E Ratio | 0.16x | 7/9 |
| Financial Leverage | 1.16x | 7/9 |
| Interest Coverage | -2.8x | 6/8 |
| Working Capital | $292M | 6/10 |
Cash Flow
| Metric | NN | Rank |
|---|---|---|
| Operating Cash Flow | -$53M | 9/10 |
| Free Cash Flow | -$53M | 9/10 |
| Capital Spending | -$10K | 1/10 |
| FCF/Sales | -1334.5% | 9/9 |
| CapEx/Sales | 0.2% | 9/9 |
Operational Efficiency
| Metric | NN | Rank |
|---|---|---|
| Asset Turnover | 0.01x | 9/9 |
| Receivables Turnover | 1.9x | 9/9 |
| Days Sales Outstanding | 194 days | 1/9 |
| Payables Period | 43 days | 4/8 |
Income Statement
| Metric | NN | Rank |
|---|---|---|
| Total Revenue | $4M | 9/9 |
| Operating Income | -$76M | 9/10 |
| Net Income | -$112M | 9/10 |
| R&D Expense | $21M | 4/7 |
| SG&A Expense | $42M | 4/7 |
| Cost of Goods Sold | $8M | 7/8 |
Dividend & Shareholder Information
| Metric | NN | Rank |
|---|---|---|
| Shares Outstanding | 169M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $304M | 78.1% of assets |
| Cash & Short-term Investments | $78M | 20.0% of assets |
| Accounts Receivable | $2M | 0.5% of assets |
| Total Liabilities | $55M | 14.0% of assets |
| Short-term Debt | $11M | 2.8% of assets |
NN quarterly financials and insider trading
Nextnav Inc. (NN) industry peers
Companies classified under the same SEC industry code as Nextnav Inc. (Search, Detection, Navigation, Guidance, Aeronautical Sys): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NN Nextnav Inc. | ▲ | $1.62B |
| NOC Northrop Grumman Corp /De/ | ▶ | $73.85B |
| GRMN Garmin Ltd | ▼ | $54.78B |
| LHX L3harris Technologies, Inc. /De/ | ▼ | $46.28B |
| TDY Teledyne Technologies Inc | ▼ | $28.68B |
| DRS Leonardo Drs, Inc. | ▶ | $9.45B |
| LUNR Intuitive Machines, Inc. | ▶ | $1.86B |
| AERG Applied Energetics, Inc. | ▶ | $196M |
| CODA Coda Octopus Group, Inc. | ▲ | $112M |
| MIND Mind Technology, Inc | ▲ | $39M |
Where NN sits on the market map
Nextnav Inc. (NN) stock news
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Nextnav Inc. (NN) stock forecast FAQ
What is the Nextnav Inc. (NN) stock forecast?
Our AI ranks Nextnav Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Nextnav Inc. stock predictions?
For NN, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -22.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Nextnav Inc. forecasts updated?
Nextnav Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Nextnav Inc.'s industry peers?
10 issuers in our coverage, NN included, share the SEC industry code Search, Detection, Navigation, Guidance, Aeronautical Sys. The largest are: Northrop Grumman Corp /De/ (NOC), Garmin Ltd (GRMN), L3harris Technologies, Inc. /De/ (LHX), Teledyne Technologies Inc (TDY), Leonardo Drs, Inc. (DRS), Intuitive Machines, Inc. (LUNR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.