NextNav (NASDAQ:NN) Issues Earnings Results, Beats Expectations By $0.08 EPS

Posted by Geri Gentry on Nov 10th, 2026

NextNav (NASDAQ:NN – Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.08, FiscalAI reports. NextNav had a negative net margin of 3,232.19% and a negative return on equity of 211.25%. The firm had revenue of $1.58 million for the quarter, compared to the consensus estimate of $0.99 million.

NextNav Trading Down 5.8%

Shares of NASDAQ:NN traded down $0.52 during midday trading on Tuesday, hitting $8.40. 2,134,801 shares of the stock were exchanged, compared to its average volume of 2,425,658. NextNav has a twelve month low of $7.60 and a twelve month high of $24.42. The company has a 50 day moving average price of $12.70 and a 200-day moving average price of $16.22. The stock has a market cap of $1.42 billion, a P/E ratio of -8.66 and a beta of 1.20.

Insider Activity at NextNav

In related news, CFO Timothy Gray sold 11,099 shares of the stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $14.64, for a total value of $162,489.36. Following the sale, the chief financial officer directly owned 120,687 shares of the company’s stock, valued at approximately $1,766,857.68. This represents a 8.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Mariam Sorond sold 2,831 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $14.72, for a total transaction of $41,672.32. Following the transaction, the chief executive officer owned 1,168,961 shares of the company’s stock, valued at $17,207,105.92. This trade represents a 0.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last three months, insiders have sold 87,667 shares of company stock valued at $1,331,153. Insiders own 7.80% of the company’s stock.

Analysts Set New Price Targets

NN has been the subject of a number of research analyst reports. Wells Fargo & Company reaffirmed a “buy” rating on shares of NextNav in a report on Monday, September 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of NextNav in a research note on Thursday, October 15th. Odeon Capital Group began coverage on NextNav in a research note on Monday, July 20th. They set a “buy” rating and a $22.00 price target on the stock. Wall Street Zen cut NextNav from a “hold” rating to a “sell” rating in a report on Sunday, September 27th. Finally, Clear Str raised NextNav to a “strong-buy” rating in a research note on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $32.33.

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About NextNav

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NextNav, Inc. develops positioning, navigation and timing technologies designed to complement and help provide alternatives to satellite-based GPS. Its services support location-aware applications in environments where GPS signals may be limited, including indoors and in urban areas. The company’s offerings include Pinnacle, a service that provides vertical location information, such as a device’s floor or height within a building, and TerraPoiNT, a terrestrial network designed to deliver positioning and timing signals.