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NN adds Legion-backed director amid strategic review

Story Highlights
  • NN, Inc. signed a cooperation pact with Legion Partners and added Legion co-founder Ted White to its board and Strategic Committee on January 16, 2026.
  • The agreement, backed by Corre Partners, includes a multi-year standstill and is designed to bolster NN’s strategic review and transformation to enhance shareholder value and governance strength.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NN adds Legion-backed director amid strategic review

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NN ( (NNBR) ) just unveiled an announcement.

On January 16, 2026, NN, Inc. entered into a cooperation agreement with major shareholder Legion Partners Asset Management under which the company expanded its board from seven to eight members and appointed Legion co-founder Ted (Raymond T.) White as an independent director and member of its Strategic Committee. Announced publicly on January 20, 2026, the deal includes a multi-year standstill and voting commitment from Legion, has the backing of another large shareholder, Corre Partners, and is intended to support NN’s ongoing strategic review and transformation efforts aimed at enhancing shareholder value and strengthening the company’s governance and capital markets expertise.

The most recent analyst rating on (NNBR) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on NN stock, see the NNBR Stock Forecast page.

Spark’s Take on NNBR Stock

According to Spark, TipRanks’ AI Analyst, NNBR is a Neutral.

The score is held back primarily by weak financial performance (declining revenue, pressured/negative profitability, high leverage, and very weak free cash flow growth). Technicals remain mixed with a broader downtrend (below key longer-term moving averages and negative MACD). Offsetting these, the latest earnings call pointed to improving operating metrics and strong new business/pipeline and Q3 free cash flow, but valuation is constrained by ongoing losses (negative P/E).

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

More about NN

NN, Inc. is a global diversified industrial company that combines advanced engineering, production capabilities and materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets worldwide. Headquartered in Charlotte, North Carolina, the company operates facilities across North America, Europe, South America and China and is listed on Nasdaq under the ticker NNBR.

Average Trading Volume: 353,978

Technical Sentiment Signal: Sell

Current Market Cap: $72.78M

For detailed information about NNBR stock, go to TipRanks’ Stock Analysis page.

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