Nelnet Inc (NNI) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Nelnet Inc (NNI) stock forecast summary
On Oct. 16, 2026, NNI is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5171 stocks scored that day.
Nelnet Inc is a mid-cap company with a market capitalization of $4.58B. It ranks number 4 by market capitalization among the 11 Personal Credit Institutions issuers in our coverage with a current forecast. Its ROE of 8.0% is the lowest of the 10 peers that report one.
For NNI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 19.0%, 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 22.0%, 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 ≥ +1.7%, 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 NNI ranks among 5171 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Nelnet Inc (NNI) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Personal Credit Institutions peers listed below that report each metric.
Valuation & Market
| Metric | NNI | Rank |
|---|---|---|
| Market Cap | $4.58B | 4/11 |
| P/E Ratio | 15.28x | 2/11 |
| P/B Ratio | 1.21x | 7/10 |
| Dividend Yield | 1.01% | 4/5 |
| EPS | $8.38 | – |
| Book Value/Share | $105.38 | – |
| Revenue/Share | $23.69 | – |
| FCF/Share | $10.17 | – |
Profitability & Margins
| Metric | NNI | Rank |
|---|---|---|
| ROE | 8.0% | 10/10 |
| ROA | 2.1% | 7/10 |
| Gross Margin | 75.7% | – |
| Net Margin | 35.7% | 2/10 |
| EBT Margin | 41.8% | 3/11 |
| Tax Rate | 23.6% | – |
Financial Health
| Metric | NNI | Rank |
|---|---|---|
| D/E Ratio | 2.82x | 9/10 |
| Financial Leverage | 3.79x | 9/10 |
Cash Flow
| Metric | NNI | Rank |
|---|---|---|
| Operating Cash Flow | $401M | 7/11 |
| Free Cash Flow | $364M | 4/7 |
| Capital Spending | -$37M | 4/7 |
| OCF Growth YoY | -18.2% | 9/9 |
| FCF Growth YoY | -26.7% | 6/6 |
| FCF/Sales | 43.0% | 5/7 |
| CapEx/Sales | 4.4% | 3/7 |
Operational Efficiency
| Metric | NNI | Rank |
|---|---|---|
| Asset Turnover | 0.06x | 9/10 |
| Receivables Turnover | 5.0x | – |
| Fixed Assets Turnover | 10.5x | 8/10 |
| Days Sales Outstanding | 73 days | – |
Income Statement
| Metric | NNI | Rank |
|---|---|---|
| Total Revenue | $847M | 9/11 |
| Net Income | $302M | 6/10 |
| Cost of Goods Sold | $206M | – |
Dividend & Shareholder Information
| Metric | NNI | Rank |
|---|---|---|
| Dividends Per Share | $1.29 | – |
| Payout Ratio | 15.4% | 4/5 |
| Shares Outstanding | 36M | – |
| Net Income Growth | -8.3% | 9/10 |
| EPS Growth | -7.4% | 10/11 |
Balance Sheet Highlights (USD millions)
| Cash & Short-term Investments | $172M | 1.2% of assets |
| Accounts Receivable | $170M | 1.2% of assets |
| Total Liabilities | $10.64B | 73.8% of assets |
NNI quarterly financials and insider trading
Nelnet Inc (NNI) industry peers
Companies classified under the same SEC industry code as Nelnet Inc (Personal Credit Institutions): 11 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.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NNI Nelnet Inc | ▶ | $4.58B |
| AFRM Affirm Holdings, Inc. | ▶ | $24.97B |
| OMF Onemain Holdings, Inc. | ▶ | $6.57B |
| CACC Credit Acceptance Corp | ▲ | $5.62B |
| ENVA Enova International, Inc. | ▲ | $4.43B |
| SLM Slm Corp | ▲ | $4.18B |
| BFH Bread Financial Holdings, Inc. | ▲ | $3.94B |
| HAPN Happen, Inc. | ▶ | $1.67B |
| ATLC Atlanticus Holdings Corp | ▶ | $1.40B |
| WRLD World Acceptance Corp | ▶ | $804M |
| RM Regional Management Corp. | ▶ | $318M |
Where NNI sits on the market map
Nelnet Inc (NNI) stock news
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Nelnet Inc (NNI) stock forecast FAQ
What is the Nelnet Inc (NNI) stock forecast?
On Oct. 16, 2026, NNI is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5171 stocks scored that day.
How accurate are Nelnet Inc stock predictions?
For NNI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 19.0%, 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 22.0%, 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 Nelnet Inc forecasts updated?
Nelnet 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 Nelnet Inc's industry peers?
11 issuers in our coverage, NNI included, share the SEC industry code Personal Credit Institutions. The largest are: Affirm Holdings, Inc. (AFRM), Onemain Holdings, Inc. (OMF), Credit Acceptance Corp (CACC), Enova International, Inc. (ENVA), Slm Corp (SLM), Bread Financial Holdings, Inc. (BFH).
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.