NextNav Inc. (NN)

NASDAQ: NN · IEX Real-Time Price · USD
4.21
+0.25 (6.31%)
Dec 1, 2023, 4:00 PM EST - Market closed
6.31%
Market Cap 463.67M
Revenue (ttm) 3.46M
Net Income (ttm) -67.84M
Shares Out 110.14M
EPS (ttm) -0.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 908,455
Open 3.90
Previous Close 3.96
Day's Range 3.88 - 4.26
52-Week Range 1.59 - 6.07
Beta 1.52
Analysts Strong Buy
Price Target 7.00 (+66.27%)
Earnings Date Nov 8, 2023

About NN

NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service, which is based on three primary components comprising an altitude station network, device software, and secure cloud services platform. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and... [Read more]

Founded 2007
Employees 106
Stock Exchange NASDAQ
Ticker Symbol NN
Full Company Profile

Financial Performance

In 2022, NextNav's revenue was $3.93 million, an increase of 414.55% compared to the previous year's $763,000. Losses were -$40.12 million, -74.69% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NN stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(66.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NextNav Announces Date for Third Quarter 2023 Earnings Call

Company to Report Q3 Results on November 8, 2023 MCLEAN, Va. , Oct. 26, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its financial r...

5 weeks ago - PRNewsWire

NextNav Inc. Reports Second Quarter 2023 Results

Closes $70 Million in Debt Financing, Including $50 Million in 2Q 2023 Signs Agreement with Top-Tier Global Chip Manufacturer for Licensing of NextNav Technology   Expands E911 Partner Network with ad...

4 months ago - GlobeNewsWire

NextNav Announces Date for Second Quarter 2023 Earnings Call

Company to Report Q2 Results on August 9, 2023 MCLEAN, Va. , July 27, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its financial res...

4 months ago - PRNewsWire

NextNav Confirms Successful Initial Tests of Accurate 3D Position, Navigation and Timing Service Leveraging Cellular Infrastructure

San Francisco, Bay Area integration of TerraPoiNT technology with existing LTE and 5G signals demonstrates capabilities of a scalable, resilient alternative PNT source San Francisco, Bay Area integrat...

4 months ago - GlobeNewsWire

NextNav Unveils First European Testbed for High-Accuracy Vertical Location Technology

Testbed for Pinnacle Technology is First Milestone to Providing a Resilient 3D PNT Capability in Europe Testbed for Pinnacle Technology is First Milestone to Providing a Resilient 3D PNT Capability in...

5 months ago - GlobeNewsWire

NextNav Inc. Announces Additional $20 Million in Debt Financing

Additional Financing Brings Total Facility to $70 Million at Closing Senior Secured Note Purchases Demonstrate Continued Investor Confidence MCLEAN, Va. , June 12, 2023 /PRNewswire/ -- NextNav Inc. (N...

6 months ago - PRNewsWire

NextNav to Participate in Upcoming Conferences

MCLEAN, Va. , May 10, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that the Company will participate in the following upcoming investor conferences: Next...

7 months ago - PRNewsWire

NextNav Inc. Reports First Quarter 2023 Results

Closes $50 Million Debt Financing; Includes Potential Expansion of Notes up to $80 Million Financing Provides Multiple Years of Funding to Further Enhance Asset Platform FCC Approves Final License Mil...

7 months ago - PRNewsWire

NextNav Inc. Closes $50 Million Debt Financing

Facility Includes Potential Expansion of Notes up to $80 million Provides Multiple Years of Funding to Enhance Asset Platform MCLEAN, Va. , May 10, 2023 /PRNewswire/ -- NextNav Inc. (Nasdaq: NN), a le...

7 months ago - PRNewsWire

NextNav Pinnacle Z-Axis Technology Now Available on Hot Pepper Mobile's Tabasco Phone

Pinnacle software provides life-saving vertical location capabilities for emergency service providers and 911 callers MCLEAN, Va. , April 28, 2023 /PRNewswire/ -- Mobile phone developer Hot Pepper Mob...

7 months ago - PRNewsWire

NextNav Announces Date for First Quarter 2023 Earnings Call

Company to Report Q1 Results on May 10, 2023 MCLEAN, Va. , April 27, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its financial resu...

7 months ago - PRNewsWire

NextNav Vertical Location Technology with Floor Level Accuracy Now Available on Ultra-Rugged Kyocera DuraXV Extreme+

SAN DIEGO--(BUSINESS WIRE)-- #Respondersafety--Kyocera International, Inc., a leader in rugged mobile solutions, announced today the integration of NextNav Pinnacle vertical location technology into K...

Other symbols: KYOCY
7 months ago - Business Wire

Bodytrak Partners With NextNav to Bring Vertical Location Intelligence to Wearable Devices

Partnership will enable emergency services to receive mission-critical vertical location data via intelligent biometric headset SUNNYVALE, Calif. , April 25, 2023 /PRNewswire/ -- Bodytrak®, a leader i...

7 months ago - PRNewsWire

Ecopia Partners with NextNav to Equip Emergency Response Teams with 3D Visualizations

TORONTO, April 17, 2023 /PRNewswire/ -- Today, Ecopia AI (Ecopia) and NextNav announced a partnership that will enable first responders to visualize situations in 3D and locate where in a building an ...

8 months ago - PRNewsWire

New EU Report Stresses Importance of GNSS Alternatives for PNT - NextNav TerraPoiNT Exceeds Industry Standards Across Use Cases

Vulnerabilities in GNSS technology highlight urgent need for PNT solutions that build resiliency for critical infrastructure and mitigate potential €1 billion per day economic threat SUNNYVALE, Calif....

9 months ago - PRNewsWire

NextNav Inc. Reports Fourth Quarter and Full Year 2022 Results

Launches E911 Services on Verizon in FY 2022 Signs New Device Agreements with Leading Providers, Including Sonim Technologies Expands Relationship with NASA; Delivering PNT Services for Agency's Urban...

9 months ago - PRNewsWire

Prepared Partners with NextNav to Bring Vertical Location Intelligence to Emergency Communication Centers

Partnership will allow 911 callers to share z-axis data and live videos with emergency dispatchers SUNNYVALE, Calif. , March 15, 2023 /PRNewswire/ -- Prepared, the leader in mission-critical emergency...

9 months ago - PRNewsWire

NextNav Announces Date for Fourth Quarter and Full Year 2022 Earnings Call

Company to Report Q4 and Full Year Results on March 22, 2023 MCLEAN, Va. , March 2, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its...

9 months ago - PRNewsWire

RadioIP and NextNav Announce Commercial Launch of Armada™ VPN Client Powered by Pinnacle Vertical Location Service

First z-axis powered mobile VPN client provides unrivaled security, awareness and location accuracy for agencies needing x, y and z location intelligence MCLEAN, Va. , Feb. 21, 2023 /PRNewswire/ -- Ra...

10 months ago - PRNewsWire

NextNav Announces STMicroelectronics Has Joined its Barometer Testing Program to Certify Sensor Accuracy and Performance Quality under Rigorous Standards

SUNNYVALE, Calif. , Jan. 24, 2023 /PRNewswire/ -- NextNav, a leader in next-generation GPS, announced today that STMicroelectronics, a global semiconductor leader serving customers across the spectrum...

11 months ago - PRNewsWire

Goertek Microelectronics Barometric Pressure Sensor Achieves NextNav Certified Status

SUNNYVALE, Calif. , Dec. 15, 2022 /PRNewswire/ -- NextNav, a leader in next generation GPS, today announced the industry certification of the Goertek Microelectronics SPL07-003 digital barometric pres...

1 year ago - PRNewsWire

NASA to Utilize Commercially Available TerraPoiNT Network in SF Bay Area to Further Urban Air Mobility Development

NASA Expands Use of NextNav TerraPoiNT to Beyond Visual Line of Sight in Commercial Environment SUNNYVALE, Calif. , Dec. 6, 2022 /PRNewswire/ --  NextNav (Nasdaq: NN), a leader in next generation GPS,...

1 year ago - PRNewsWire

Convey911 Partners with NextNav to Bring Vertical Location to Inclusive Multilingual Text-2-911 Service

Partnership provides safety and location services to assist first responder agencies in locating non-English speaking individuals across 135+ languages MCLEAN, Va. , Nov. 17, 2022 /PRNewswire/ -- Conv...

1 year ago - PRNewsWire

RADIOIP PARTNERS WITH NEXTNAV FOR VERTICAL LOCATION INTELLIGENCE IN VPN CLIENT

Partnership will dramatically enhance location security of first responders and security personnel in multistory environments MCLEAN, Va. , Nov. 16, 2022 /PRNewswire/ -- RadioIP, a leader in secure mo...

1 year ago - PRNewsWire

NextNav Announces Sale of Common Shares

MCLEAN, Va. , Nov. 16, 2022 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today announced that certain members of NextNav'...

1 year ago - PRNewsWire