NextNav Inc. (NN)

NASDAQ: NN · IEX Real-Time Price · USD
6.91
-0.02 (-0.29%)
At close: Mar 27, 2024, 4:00 PM
7.04
+0.13 (1.88%)
After-hours: Mar 27, 2024, 7:32 PM EDT
-0.29%
Market Cap 770.55M
Revenue (ttm) 3.86M
Net Income (ttm) -71.74M
Shares Out 111.19M
EPS (ttm) -0.66
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,130,828
Open 6.91
Previous Close 6.93
Day's Range 6.71 - 7.14
52-Week Range 1.74 - 7.14
Beta 1.29
Analysts Strong Buy
Price Target 7.00 (+1.3%)
Earnings Date Mar 13, 2024

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. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation. It serves Wi-Fi, telecom, public safety, gaming and l... [Read more]

Founded 2007
Employees 111
Stock Exchange NASDAQ
Ticker Symbol NN
Full Company Profile

Financial Performance

In 2023, NextNav's revenue was $3.86 million, a decrease of -1.63% compared to the previous year's $3.93 million. Losses were -$71.74 million, 78.8% more than in 2022.

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
(1.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NextNav Inc. Reports Fourth Quarter and Full Year 2023 Results

Announced Transaction to Acquire Additional 900 MHz Spectrum Licenses Mariam Sorond Joins as NextNav CEO MCLEAN, Va., March 13, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Co...

14 days ago - GlobeNewsWire

NextNav To Acquire Additional Lower 900 MHz Band Spectrum Licenses

New Licenses Cover an Additional 4 MHz in the lower 900 MHz Band NextNav's Combined Spectrum Portfolio will Total 3.5 billion MHz-PoPs at Close MCLEAN, Va., March 11, 2024 (GLOBE NEWSWIRE) -- NextNav ...

16 days ago - GlobeNewsWire

NextNav Announces Date for Fourth Quarter and Full Year 2023 Earnings Call

MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation position, navigation and timing (PNT), today announced that it will release its financial results for ...

21 days ago - GlobeNewsWire

NextNav Announces Appointment of John Muleta to Board of Directors

Muleta Brings Extensive Spectrum Expertise, Including Several Leadership Roles within the Federal Communications Commission Muleta Brings Extensive Spectrum Expertise, Including Several Leadership Rol...

2 months ago - GlobeNewsWire

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 months 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...

8 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...

8 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...

8 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...

9 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...

10 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...

11 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...

11 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...

11 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...

11 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...

11 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
11 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...

1 year 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 ...

1 year 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....

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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