(NN) Nextnav Acquisition - Overview

Sector: Technology | Industry: Software - Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 2.813m USD | Total Return: 32.2% in 12m

Altitude Services, 3D Positioning, Navigation Systems, Timing
Total Rating 32
Safety 29
Buy Signal -0.48
Software - Infrastructure
Industry Rotation: -2.8
Market Cap: 2.81B
Avg Turnover: 56.4M
Risk 3d forecast
Volatility88.0%
VaR 5th Pctl14.5%
VaR vs Median-0.20%
Reward TTM
Sharpe Ratio1.17
Rel. Str. IBD72.3
Rel. Str. Peer Group79.8
Character TTM
Beta0.968
Beta Downside1.024
Hurst Exponent0.424
Drawdowns 3y
Max DD47.78%
CAGR/Max DD2.10
CAGR/Mean DD5.87
EPS (Earnings per Share) EPS (Earnings per Share) of NN over the last years for every Quarter: "2021-06": -0.865, "2021-09": -0.34, "2021-12": -0.68, "2022-03": -0.1, "2022-06": 0.01, "2022-09": -0.18, "2022-12": -0.12, "2023-03": -0.15, "2023-06": -0.15, "2023-09": -0.21, "2023-12": -0.15, "2024-03": -0.15, "2024-06": -0.21, "2024-09": -0.11, "2024-12": -0.24, "2025-03": -0.45, "2025-06": -0.48, "2025-09": -0.12, "2025-12": -0.5, "2026-03": -0.08,
Last SUE: 0.42
Qual. Beats: 0
Revenue Revenue of NN over the last years for every Quarter: 2021-06: 0.216, 2021-09: 0.276, 2021-12: 0.02, 2022-03: 1.199, 2022-06: 1.421, 2022-09: 0.503, 2022-12: 0.803, 2023-03: 0.83, 2023-06: 0.8, 2023-09: 1.027, 2023-12: 1.205, 2024-03: 1.046, 2024-06: 1.105, 2024-09: 1.607, 2024-12: 1.911, 2025-03: 1.539, 2025-06: 1.202, 2025-09: 0.887, 2025-12: 0.945, 2026-03: 0.995,
Rev. CAGR: 17.96%
Rev. Trend: 63.2%
Last SUE: 0.15
Qual. Beats: 0

Warnings

Negative Equity with losses - insolvent profile

Share dilution 15.7% YoY

Interest Coverage Ratio -3.6 is critical

Altman Z'' -12.56 < 1.0 - financial distress zone

Choppy Below Avwap Earnings

Tailwinds

Idiosyncratic Leader

Description: NN Nextnav Acquisition

NextNav Inc. (NASDAQ: NN) specializes in next-generation positioning, navigation, and timing (PNT) solutions, primarily serving the public safety, telecommunications, and critical infrastructure sectors. Its core products include Pinnacle, which provides high-accuracy vertical location data for emergency services, and TerraPoiNT, a terrestrial system designed to supplement or replace GPS signals in environments where satellite coverage is unreliable or obstructed.

The company operates within the application software and location-based services (LBS) sector, where demand is increasingly driven by regulatory mandates for 3D location accuracy in emergency response. Unlike traditional GPS which relies on space-borne satellites, NextNav utilizes a land-based network to reduce signal interference and improve indoor positioning accuracy.

Further analysis of the companys valuation and growth metrics is available on ValueRay for those conducting deeper due diligence.

Headlines to Watch Out For
  • FCC spectrum reconfiguration approval determines long-term terrestrial 3D PNT network valuation
  • Public safety E911 altitude service adoption drives recurring Pinnacle software revenue
  • TerraPoiNT infrastructure deployment costs impact near-term capital expenditure and cash burn
  • Strategic partnerships with national telecom carriers influence market share and scalability
  • Regulatory shifts in GPS backup requirements affect demand for land-based positioning systems
Piotroski VR-10 (Strict) 0.0
Net Income: -141.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.49 > 0.02 and ΔFCF/TA -8.37 > 1.0
NWC/Revenue: 3.32k% < 20% (prev 2.95k%; Δ 367.7% < -1%)
CFO/TA -0.21 > 3% & CFO -48.6m > Net Income -141.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 10.49 > 1.5 & < 3
Outstanding Shares: last quarter (151.6m) vs 12m ago 15.65% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 1.60% > 50% (prev 2.29%; Δ -0.70% > 0%)
Interest Coverage Ratio: -3.60 > 6 (EBIT TTM -49.0m / Interest Expense TTM 13.6m)
Altman Z'' -12.56
A: 0.57 (Total Current Assets 147.9m - Total Current Liabilities 14.1m) / Total Assets 235.6m
B: -4.51 (Retained Earnings -1.06b / Total Assets 235.6m)
C: -0.19 (EBIT TTM -49.0m / Avg Total Assets 252.1m)
D: -0.28 (Book Value of Equity -90.0m / Total Liabilities 325.6m)
Altman-Z'' = -12.56 = D
Beneish M -2.65
DSRI: 1.28 (Receivables 1.38m/1.65m, Revenue 4.03m/6.16m)
GMI: 1.00 (fallback, negative margins)
AQI: 1.73 (AQ_t 0.26 / AQ_t-1 0.15)
SGI: 0.65 (Revenue 4.03m / 6.16m)
TATA: -0.39 (NI -141.3m - CFO -48.6m) / TA 235.6m)
Beneish M = -2.65 (Cap -4..+1) = A
What is the price of NN shares?

As of June 07, 2026, the stock is trading at USD 21.60 with a total of 2,750,542 shares traded.
Over the past week, the price has changed by -0.50%, over one month by -0.28%, over three months by +11.07% and over the past year by +32.19%.

Is NN a buy, sell or hold?

Nextnav Acquisition has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NN.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NN price?
Analysts Target Price 27 25%
Nextnav Acquisition (NN) - Fundamental Data Overview as of 01 June 2026
Market Cap USD = 2.81b (2.81b USD * 1.0 USD.USD)
P/S = 698.27
P/B = 238.891
Revenue TTM = 4.03m USD
EBIT TTM = -49.0m USD
EBITDA TTM = -43.6m USD
Long Term Debt = 267.2m USD (from longTermDebt, last quarter)
Short Term Debt = 2.51m USD (from shortTermDebt, last quarter)
Debt = 284.0m USD (corrected: LT Debt 267.2m + ST Debt 2.51m) + Leases 14.3m
Net Debt = 141.0m USD (calculated: Debt 284.0m - CCE 143.0m)
Enterprise Value = 2.95b USD (2.81b + Debt 284.0m - CCE 143.0m)
Interest Coverage Ratio = -3.60 (Ebit TTM -49.0m / Interest Expense TTM 13.6m)
EV/FCF = -25.40x (Enterprise Value 2.95b / FCF TTM -116.3m)
FCF Yield = -3.94% (FCF TTM -116.3m / Enterprise Value 2.95b)
 FCF Margin = -2.89k% (FCF TTM -116.3m / Revenue TTM 4.03m)
 Net Margin = -3.51k% (Net Income TTM -141.3m / Revenue TTM 4.03m)
 Gross Margin = unknown ((Revenue TTM 4.03m - Cost of Revenue TTM 12.4m) / Revenue TTM)
 Tobins Q-Ratio = 12.54 (Enterprise Value 2.95b / Total Assets 235.6m)
Interest Expense / Debt = 4.80% (Interest Expense 13.6m / Debt 284.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -38.7m (EBIT -49.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 9.48 (Total Current Assets 147.9m / Total Current Liabilities 15.6m)
 Debt / Equity = -3.16 (negative equity) (Debt 284.0m / totalStockholderEquity, last quarter -90.0m)
 Debt / EBITDA = -3.23 (negative EBITDA) (Net Debt 141.0m / EBITDA -43.6m)
 Debt / FCF = -1.21 (negative FCF - burning cash) (Net Debt 141.0m / FCF TTM -116.3m)
 Total Stockholder Equity = -61.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -56.04% (Net Income -141.3m / Total Assets 235.6m)
 RoE = 230.2% (negative equity) (Net Income TTM -141.3m / Total Stockholder Equity -61.4m)
 RoCE = -23.81% (EBIT -49.0m / Capital Employed (Equity -61.4m + L.T.Debt 267.2m))
 RoIC = -17.29% (negative operating profit) (NOPAT -38.7m / Invested Capital 223.8m)
 WACC = 8.88% (E(2.81b)/V(3.10b) * Re(9.39%) + D(284.0m)/V(3.10b) * Rd(4.80%) * (1-Tc(0.21)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.11 | Cagr: 15.53%
 [DCF] Fair Price = unknown (Cash Flow -116.3m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.42 | # QB: 0
Revenue Correlation: 63.23 | Revenue CAGR: 17.96% | SUE: 0.15 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.15 | Chg30d=-3.45% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.15 | Chg30d=+0.00% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.46 | Chg30d=+22.03% | Revisions=+20% | GrowthEPS=+65.0% | GrowthRev=-17.1%
EPS next Year (2027-12-31): EPS=-0.73 | Chg30d=-10.61% | Revisions=N/A | GrowthEPS=-58.7% | GrowthRev=-15.5%
[Analyst] Revisions Ratio: +20%