NextNav (NN) AI Stock Analysis

• Market Cap: $2.37B
• Dividend Yield: N/A
• Average Volume (3M): 1.15M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: 42.80%
• EPS Growth: -48.48%
• Country: US
• Employees: 96
• Sector: Technology
• Sector Strength: 85
• Industry: Internet Content & Information
• EPS (TTM): -0.48
• Shares Outstanding: 133,130,570
• 10 Day Avg. Volume: 1,185,695
• 30 Day Avg. Volume: 1,152,354
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 335.16
• Enterprise Value/Gross Profit: -616.81
• Enterprise Value/Ebitda: -16.83
• 1Y Price Target: $15.50
• Price Target Upside: -12.97% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: $15.50 ▼(-12.97% Downside)

NextNav's overall stock score is primarily impacted by its weak financial performance, characterized by negative margins and high leverage. While technical analysis and valuation provide some neutral signals, the company's financial instability remains a significant concern. Positive developments from the earnings call and corporate events offer some optimism but are overshadowed by financial challenges.

NextNav Business Overview & Revenue Model

Company Description

NextNav (NN) is a technology company specializing in providing advanced location services. The company operates primarily within the geolocation and navigation sectors, offering precise vertical positioning solutions and 3D geolocation services. Its core products include Pinnacle, a vertical positioning service, and TerraPoiNT, a terrestrial-based alternative to GPS systems. NextNav's technologies enable applications across public safety, location-based services, and the automotive industry, among others.

How the Company Makes Money

NextNav generates revenue through the licensing and sale of its advanced geolocation technology solutions. Its key revenue streams include service fees from telecommunication companies, application developers, and public safety agencies that utilize its Pinnacle and TerraPoiNT services. The company also earns money through strategic partnerships and collaborations with major industry players that integrate NextNav's location services into their own offerings. Additionally, NextNav benefits from government contracts and agreements, particularly in areas requiring precise location data for safety and regulatory purposes.

NextNav Financial Statement Overview

Summary

NextNav faces significant financial challenges with persistent losses and negative margins across its income statement, balance sheet, and cash flow. Despite some revenue growth, the company's high leverage and negative cash flow highlight financial instability.

Income Statement

NextNav's income statement reveals significant financial challenges with consistent net losses. The gross profit margin is negative at -71.2% for TTM (Trailing-Twelve-Months), indicating that cost of goods sold exceeds revenue. The net profit margin is also deeply negative at -209.0%, and EBIT and EBITDA margins are negative as well at -98.9% and -129.6% respectively. While there is some revenue growth of 8.7% for TTM, the company's profitability remains a concern.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 2.59 for TTM, indicating significant leverage. Return on Equity (ROE) is negative at -1961.3%, reflecting high net losses relative to equity. The equity ratio is low at 2.4%, suggesting a heavy reliance on debt financing. These factors highlight financial instability and high risk, though the company does have a substantial amount of cash and short-term investments.

Cash Flow

NextNav's cash flow statement shows negative free cash flow, which has declined by 14.2% from the previous year. The operating cash flow to net income ratio is 0.34, indicating that operating cash flows are insufficient to cover net losses. Financing activities have been used to offset cash outflows, but the reliance on external financing is a concern. Overall, cash flow management appears strained.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.26M	5.67M	3.86M	3.93M	763.00K	569.00K
Gross Profit	-3.40M	-5.11M	-8.88M	-7.88M	-17.63M	-7.20M
EBITDA	-124.66M	-54.86M	-58.71M	-61.31M	-40.71M	-127.03M
Net Income	-167.65M	-101.88M	-71.73M	-40.12M	-144.67M	-137.34M
Balance Sheet
Total Assets	256.74M	161.74M	162.16M	123.79M	136.82M	44.90M
Cash, Cash Equivalents and Short-Term Investments	176.05M	80.11M	85.83M	55.45M	100.08M	8.67M
Total Debt	262.60M	71.44M	66.11M	7.82M	0.00	58.87M
Total Liabilities	303.96M	111.62M	82.06M	19.92M	36.87M	535.28M
Stockholders Equity	-47.22M	50.12M	78.73M	100.02M	99.96M	-490.38M
Cash Flow
Free Cash Flow	-44.84M	-38.36M	-39.17M	-40.67M	-49.21M	-35.58M
Operating Cash Flow	-44.43M	-38.01M	-35.44M	-37.09M	-47.93M	-28.41M
Investing Cash Flow	-92.65M	-39.47M	1.07M	-15.74M	-1.28M	-7.18M
Financing Cash Flow	132.86M	35.10M	68.98M	43.00K	135.64M	34.77M

NextNav Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.81
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NN, the sentiment is Positive. The current price of 17.81 is above the 20-day moving average (MA) of 15.39, above the 50-day MA of 15.36, and above the 200-day MA of 13.75, indicating a bullish trend. The MACD of 0.66 indicates Negative momentum. The RSI at 70.59 is Negative, neither overbought nor oversold. The STOCH value of 91.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NN.

NextNav Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
YELP	70 Outperform	$1.99B	14.31	20.13%	―	5.37%	13.08%
TBLA	69 Neutral	$991.04M	91.01	1.40%	―	12.01%	―
Sector *	61 Neutral	$35.48B	7.70	-10.11%	1.88%	8.73%	-9.23%
GENI	60 Neutral	$3.24B	―	-12.24%	―	25.76%	27.05%
NXDR	54 Neutral	$793.88M	―	-14.27%	―	9.65%	56.50%
TRVG	52 Neutral	$236.23M	―	-12.44%	―	8.29%	87.33%
NN	47 Neutral	$2.37B	―	-2015.79%	―	42.80%	-48.48%

NextNav Corporate Events

NextNav Holds 2025 Annual Stockholders Meeting

On May 22, 2025, NextNav Inc. held its 2025 Annual Meeting of Stockholders where the company’s stockholders elected nine director nominees to the Board of Directors and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. This meeting’s outcomes ensure continuity in leadership and financial oversight, potentially strengthening NextNav’s governance and operational stability, which may positively influence stakeholder confidence.