Nelnet Gains $175M from ALLO Holdings Redemption

The latest announcement is out from Nelnet ( (NNI) ).

On June 4, 2025, Nelnet, Inc., a company involved in financial services, received $411 million from redeeming certain membership interests in ALLO Holdings LLC. This transaction resulted in a pre-tax gain of $175 million for Nelnet. Following the redemption, Nelnet’s ownership in ALLO decreased from 45% to 27%, and the company no longer holds any preferred membership interests in ALLO.

The most recent analyst rating on (NNI) stock is a Hold with a $115.00 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 Neutral.

Nelnet’s overall stock score reflects its stable financial performance, with strong cost management and cash flow improvements despite a decline in revenue. The technical analysis presents a cautiously optimistic outlook with positive trends, though momentum indicators suggest monitoring is necessary. Valuation metrics indicate the stock is fairly priced, offering moderate income through dividends. While EBIT and EBITDA data are missing for a complete analysis, the company’s improved leverage ratios and cash conversion highlight its financial resilience.

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

More about Nelnet

Average Trading Volume: 65,840

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.23B

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