NextNav (NASDAQ:NN) Hits New 12-Month Low – Should You Sell?

Posted by Geri Gentry on Oct 10th, 2026

NextNav Inc. (NASDAQ:NN – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday. The stock traded as low as $10.77 and last traded at $11.0110, with a volume of 2,662,518 shares traded. The stock had previously closed at $12.71.

Wall Street Analysts Forecast Growth

NN has been the topic of several analyst reports. Wall Street Zen downgraded NextNav from a “hold” rating to a “sell” rating in a report on Sunday, September 27th. Zacks Research lowered shares of NextNav from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 20th. Wells Fargo & Company reaffirmed a “buy” rating on shares of NextNav in a report on Monday, September 21st. Clear Str upgraded shares of NextNav to a “strong-buy” rating in a research note on Monday, September 21st. Finally, Odeon Capital Group assumed coverage on shares of NextNav in a research report on Monday, July 20th. They issued a “buy” rating and a $22.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $32.33.

Check Out Our Latest Analysis on NextNav

NextNav Stock Up 6.5%

The stock has a market capitalization of $2.08 billion, a P/E ratio of -12.73 and a beta of 1.16. The company has a 50 day moving average of $15.39 and a 200-day moving average of $17.13.

NextNav (NASDAQ:NN – Get Free Report) last posted 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). The business had revenue of $1.15 million during the quarter, compared to the consensus estimate of $0.92 million. NextNav had a negative return on equity of 211.25% and a negative net margin of 3,232.19%. Equities analysts forecast that NextNav Inc. will post -0.46 EPS for the current fiscal year.

Insider Transactions at NextNav

In other news, CFO Timothy Gray sold 11,099 shares of NextNav stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $14.64, for a total transaction of $162,489.36. Following the sale, the chief financial officer owned 120,687 shares of the company’s stock, valued at approximately $1,766,857.68. The trade was a 8.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $15.34, for a total value of $28,808.52. Following the completion of the transaction, the general counsel directly owned 89,810 shares of the company’s stock, valued at $1,377,685.40. This trade represents a 2.05% 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. Over the last quarter, insiders sold 87,667 shares of company stock worth $1,331,153. Insiders own 7.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NN. GK Wealth Management LLC acquired a new stake in NextNav in the third quarter worth about $29,000. KBC Group NV acquired a new position in NextNav during the 1st quarter valued at about $38,000. Grove Bank & Trust bought a new stake in shares of NextNav during the 2nd quarter worth about $53,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of NextNav by 732.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,127 shares of the company’s stock worth $69,000 after acquiring an additional 3,631 shares during the period. Finally, Sei Investments Co. acquired a new stake in shares of NextNav in the 1st quarter worth approximately $231,000. 79.16% of the stock is owned by institutional investors and hedge funds.

About NextNav

(Get Free Report)

NextNav Inc develops positioning, navigation and timing technologies designed to provide accurate location information where traditional GPS may be unavailable, unreliable or insufficient. The company’s solutions are intended to support applications that require precise two-dimensional and three-dimensional geolocation, including public safety, wireless communications, mapping, transportation and critical infrastructure.

Its Pinnacle platform provides nationwide vertical-location services, enabling devices and networks to determine elevation or floor level in addition to latitude and longitude.