NextNav Inc. (NASDAQ:NN) Receives Consensus Recommendation of “Hold” from Brokerages

Posted by Stanley Muller on Sep 8th, 2026

NextNav Inc. (NASDAQ:NN – Get Free Report) has been assigned an average rating of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $32.3333.

A number of analysts have recently weighed in on NN shares. Wall Street Zen lowered shares of NextNav from a “hold” rating to a “sell” rating in a report on Saturday, August 29th. Weiss Ratings restated a “sell (d-)” rating on shares of NextNav in a report on Friday, July 17th. Odeon Capital Group assumed coverage on NextNav in a research report on Monday, July 20th. They set a “buy” rating and a $22.00 price target for the company. Zacks Research cut NextNav from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 20th. Finally, Oppenheimer lifted their price objective on NextNav from $25.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd.

Check Out Our Latest Stock Analysis on NN

NextNav Price Performance

NASDAQ:NN opened at $15.18 on Tuesday. The firm has a market capitalization of $2.56 billion, a P/E ratio of -15.65 and a beta of 1.12. The company has a fifty day moving average of $15.64 and a 200 day moving average of $17.57. NextNav has a 52 week low of $10.87 and a 52 week high of $24.42.

NextNav (NASDAQ:NN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.08). NextNav had a negative return on equity of 211.25% and a negative net margin of 3,232.19%.The firm had revenue of $1.15 million during the quarter, compared to the consensus estimate of $0.92 million. As a group, analysts anticipate that NextNav will post -0.46 EPS for the current year.

Insider Buying and Selling

In other NextNav news, CEO Mariam Sorond sold 69,853 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $15.30, for a total transaction of $1,068,750.90. Following the transaction, the chief executive officer directly owned 1,171,792 shares of the company’s stock, valued at approximately $17,928,417.60. The trade was a 5.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel James S. Black sold 1,878 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $22.96, for a total transaction of $43,118.88. Following the completion of the transaction, the general counsel owned 91,688 shares of the company’s stock, valued at $2,105,156.48. This trade represents a 2.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 76,567 shares of company stock valued at $1,199,531 over the last quarter. 7.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On NextNav

Several hedge funds and other institutional investors have recently modified their holdings of NN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in NextNav by 8.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,539 shares of the company’s stock worth $579,000 after buying an additional 3,543 shares during the period. Goldman Sachs Group Inc. boosted its position in NextNav by 34.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 468,748 shares of the company’s stock valued at $5,705,000 after acquiring an additional 120,123 shares in the last quarter. Creative Planning grew its holdings in shares of NextNav by 81.5% during the 2nd quarter. Creative Planning now owns 29,184 shares of the company’s stock worth $444,000 after acquiring an additional 13,109 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of NextNav by 33.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 61,772 shares of the company’s stock worth $939,000 after acquiring an additional 15,565 shares during the period. Finally, Legal & General Group Plc raised its position in shares of NextNav by 23.3% in the 2nd quarter. Legal & General Group Plc now owns 68,946 shares of the company’s stock worth $1,048,000 after acquiring an additional 13,027 shares in the last quarter. Hedge funds and other institutional investors own 79.16% of the company’s stock.

About NextNav

(Get Free Report)

NextNav, Inc is a provider of advanced 3D geolocation infrastructure and positioning services in the United States. The company operates a nationwide network designed to deliver real-time horizontal and vertical location data for consumer, enterprise and public safety applications. By leveraging spectrum holdings in the 900 MHz band, NextNav’s network offers precise altitude and position information that complements GPS and other satellite systems, particularly in urban canyons, indoors or underground environments where traditional signals struggle.

At the core of NextNav’s offering is its TerraPoiNT platform, which enables developers, carriers and emergency response centers to integrate high-accuracy vertical location into their applications and workflows.