NN (NASDAQ:NNBR) Shares Break Above Fifty Day Moving Average – Here’s Why

Posted by Francis Steltz on Oct 30th, 2026

NN, Inc. (NASDAQ:NNBR – Get Free Report) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $3.63 and traded as high as $3.84. NN shares last traded at $3.80, with a volume of 3,123,130 shares traded.

Analyst Ratings Changes

A number of equities research analysts have issued reports on NNBR shares. Wall Street Zen upgraded NN from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. Zacks Research upgraded shares of NN from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 9th. Craig Hallum initiated coverage on shares of NN in a report on Monday, July 20th. They set a “buy” rating and a $7.00 price objective for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of NN in a research note on Thursday, October 15th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $7.00 target price on shares of NN in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $5.67.

Read Our Latest Stock Analysis on NN

NN Trading Down 0.8%

The company has a current ratio of 1.75, a quick ratio of 1.08 and a debt-to-equity ratio of 1.60. The business’s fifty day simple moving average is $3.63 and its two-hundred day simple moving average is $2.71. The stock has a market capitalization of $368.41 million, a P/E ratio of -4.57 and a beta of 2.65.

NN (NASDAQ:NNBR – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. The company had revenue of $131.10 million for the quarter, compared to the consensus estimate of $118.10 million. NN had a negative net margin of 5.43% and a positive return on equity of 25.25%. As a group, analysts forecast that NN, Inc. will post 0.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. State of Wyoming acquired a new stake in shares of NN during the 3rd quarter worth approximately $36,000. Kings Path Partners LLC bought a new stake in NN in the third quarter valued at approximately $157,000. State Street Corp raised its holdings in NN by 6.6% in the second quarter. State Street Corp now owns 224,344 shares of the industrial products company’s stock worth $805,000 after purchasing an additional 13,835 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of NN during the second quarter worth $54,000. Finally, AXQ Capital LP acquired a new position in NN in the second quarter valued at about $62,000. 53.92% of the stock is currently owned by institutional investors.

NN Company Profile

(Get Free Report)

NN, Inc (NASDAQ: NNBR) is a diversified industrial manufacturer that produces highly engineered components and assemblies for customers in the automotive, electrical, industrial, aerospace, and medical markets. Its products are designed for applications that require precision, durability, and consistent performance.

The company’s manufacturing capabilities have included precision machining, metal forming, plastic injection molding, and the production of complex assemblies. NN, Inc has supplied components used in systems such as automotive powertrains, electrical and industrial equipment, medical devices, and other specialized products.

Founded in 1980 as NN Ball & Roller, the company expanded beyond its original bearing-component operations through acquisitions and later adopted the NN, Inc name.