Nelnet Announces Retirement of President and NBS CEO

An announcement from Nelnet ( (NNI) ) is now available.

On January 15, 2026, Nelnet announced that its president and Nelnet Business Services CEO, Tim Tewes, will retire effective June 30, 2026, after more than 25 years with the organization and its predecessor, FACTS Management. Tewes, who joined Nelnet in 2005, became NBS CEO in 2007 and president in 2014, and has been credited with driving the company’s growth and diversification through strategic acquisitions, expansion of product offerings, and the successful launch of Nelnet Bank; following his retirement from management, he will remain on the Nelnet Bank board, providing continuity in leadership for the company’s banking operations and education payment businesses.

The most recent analyst rating on (NNI) stock is a Buy with a $159.00 price target. To see the full list of analyst forecasts on Nelnet stock, see the NNI Stock Forecast page.

Spark’s Take on NNI Stock

According to Spark, TipRanks’ AI Analyst, NNI is a Outperform.

Nelnet’s strong financial performance and strategic acquisition drive the overall score. While technical indicators and valuation are neutral, the acquisition enhances growth prospects. High debt levels and declining operating cash flow are risks to monitor.

To see Spark’s full report on NNI stock, click here.

More about Nelnet

Nelnet, Inc. (NYSE: NNI) is a diversified financial services and education technology company, with key operations in education payment solutions and consumer lending. Through businesses such as FACTS, Nelnet Campus Commerce, and Nelnet Bank, the company focuses on providing payment processing and financial services to the education sector and retail banking customers.

Average Trading Volume: 120,730

Technical Sentiment Signal: Buy

Current Market Cap: $4.88B

See more data about NNI stock on TipRanks’ Stock Analysis page.