NN (NNBR) AI Stock Analysis

• Market Cap: $61.73M
• Dividend Yield: N/A
• Average Volume (3M): 284.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.38
• Revenue Growth: -9.85%
• EPS Growth: -11.65%
• Country: US
• Employees: 2,600
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 0.00
• Shares Outstanding: 50,190,125
• 10 Day Avg. Volume: 314,831
• 30 Day Avg. Volume: 284,464
• PEG Ratio: 0.52
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.15
• P/FCF Ratio: 8.75
• Enterprise Value/Market Cap: 4.24
• Enterprise Value/Revenue: 0.62
• Enterprise Value/Gross Profit: 10.95
• Enterprise Value/Ebitda: 14.72
• 1Y Price Target: $4.50
• Price Target Upside: 265.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.08
• Revenue Forecast (FY): $452.28M

• Rating: 47 Neutral
• Price Target: $1.50 ▲(21.95% Upside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

NNBR scores low-to-mid primarily due to weak financial performance (shrinking revenue and continued net losses) and soft technical momentum. The earnings call provides a partial offset with credible 2026 growth and margin expansion plans, but valuation support is limited given negative earnings and no dividend yield provided.

Positive Factors

Large new-business pipeline

A sizable $800M pipeline and planned >100 program launches provide a durable source of future revenue if conversion rates hold. Sustained new-award cadence and targeted $70–80M win goal support multi-month to multi-year organic growth via program ramps and higher recurring production volumes.

Margin improvement and cost-outs

Progress toward a 20% gross margin target and realized cost reductions indicate structural margin uplift. Completed plant consolidations and ongoing $10M of planned cost-outs should permanently lower the cost base and improve operating leverage as volumes recover from new program ramps.

Improving leverage and positive free cash flow

Meaningful debt reduction and a return to positive free cash flow enhance financial resilience and optionality. Improved leverage lowers interest burden and supports reinvestment in growth CapEx, making planned program-related investments and future deleveraging more feasible over the coming 2–6 months.

Negative Factors

Multi-year revenue contraction

Sustained top-line decline erodes fixed-cost absorption and scale advantages that underlie manufacturing margins. A ~42% drop in 2025 damages the revenue base, prolongs recovery timelines for operating leverage, and increases execution risk for returning to consistent, durable profitability.

Auto-market concentration risk

High exposure to cyclical North American auto OEMs and a single large customer amplifies demand volatility risk. Persistent auto weakness or further customer-specific volume cuts could derail program ramps, delay revenue recovery, and limit the sustainability of recently improved margins.

Capital structure constraints

Elevated leverage and preferred equity limit financial flexibility to fund growth or absorb shocks. Ongoing strategic review signals unresolved capital solutions; possible outcomes (asset sales, dilution, refinancing) create execution uncertainty and could restrict durable investment in program capacity.

NN Business Overview & Revenue Model

Company Description

NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for general industrial and automotive end markets. This segments products are used in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as use in heating, ventilation, and air conditioning. The Power Solutions segment designs, manufactures, and sells a range of high-precision metal and plastic components, assemblies, and finished devices used in various applications, such as power control, flight control, and military devices. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical, general industrial, automotive, aerospace, defense, and medical end markets. This segment also produces various tools and instruments for the orthopaedics and medical/surgical end markets. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.

How the Company Makes Money

NN, Inc. makes money by manufacturing and selling engineered components and assemblies to customers—primarily OEMs and tier suppliers—under production supply arrangements. Revenue is generated from fulfilling customer purchase orders and longer-term supply programs for parts that go into customers’ finished products; pricing and volumes are typically driven by program awards, unit production levels, and the mix of parts produced. The company’s revenue streams are tied to (1) recurring high-volume production of established parts, (2) new program launches where NN begins supplying newly awarded components, and (3) value-added manufacturing services embedded in the part price (e.g., complex machining, stamping/forming, molding, and assembly). Significant factors influencing earnings include customer demand in served end markets (notably automotive/transportation and other industrial applications), the company’s ability to win/retain multi-year production programs, manufacturing efficiency (yields, labor productivity, scrap, and utilization), raw material and energy costs and the ability to pass them through contractually, and foreign exchange and geographic footprint considerations. Specific material partnerships, customer concentration details, or segment-by-segment revenue breakdowns were not available: null.

NN Financial Statement Overview

Summary

Financials are pressured by multi-year revenue contraction (including a steep 2025 decline) and persistent net losses. Positives include materially improved leverage in 2025 and a rebound to positive free cash flow, but equity erosion and ongoing losses keep risk elevated.

Income Statement

Revenue has been shrinking for several years, including a steep decline in 2025 (annual revenue down ~42%). Profitability remains weak: net income is negative every year shown, and operating results are generally loss-making despite positive EBITDA margins in most years (about mid-single-digits in 2024–2025). A key positive is the improvement from the very large 2020 loss, but the company has not demonstrated consistent margin recovery or a return to sustainable profitability.

Balance Sheet

Leverage has improved meaningfully in 2025, with total debt dropping sharply versus 2024 and debt-to-equity improving from ~2.6x (2024) to ~1.45x (2025). However, the company is still running losses, reflected in persistently negative returns on equity, and equity has fallen sharply from earlier years—reducing balance sheet cushion. Overall, the balance sheet is better than last year but still carries elevated risk given ongoing losses and a relatively leveraged capital structure.

Cash Flow

Cash generation is a relative bright spot: free cash flow turned positive in 2025 and improved versus 2024, and operating cash flow remained positive. That said, operating cash flow is modest relative to the company’s earnings losses, indicating that cash conversion and underlying earnings quality remain mixed. The year-to-year volatility in free cash flow (positive in 2023, negative in 2024, positive in 2025) also suggests limited consistency.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	422.21M	464.29M	489.27M	498.74M	477.58M
Gross Profit	23.92M	69.48M	70.09M	77.63M	87.59M
EBITDA	17.79M	20.72M	13.46M	31.20M	36.42M
Net Income	-34.00M	-38.27M	-50.15M	-26.10M	-13.22M
Balance Sheet
Total Assets	440.78M	456.89M	510.88M	546.13M	579.10M
Cash, Cash Equivalents and Short-Term Investments	11.38M	18.13M	21.90M	12.81M	28.66M
Total Debt	211.34M	196.96M	212.83M	209.41M	211.13M
Total Liabilities	294.38M	382.37M	308.08M	359.86M	354.92M
Stockholders Equity	146.41M	74.52M	202.80M	186.26M	224.19M
Cash Flow
Free Cash Flow	7.23M	-7.24M	8.85M	-10.23M	-2.63M
Operating Cash Flow	5.67M	11.07M	29.34M	7.72M	15.59M
Investing Cash Flow	-11.03M	-1.01M	-17.60M	-17.49M	-36.10M
Financing Cash Flow	-2.45M	-13.24M	-2.88M	-5.19M	2.56M

NN Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NNBR, the sentiment is Negative. The current price of 1.23 is below the 20-day moving average (MA) of 1.42, below the 50-day MA of 1.49, and below the 200-day MA of 1.80, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 29.28 is Positive, neither overbought nor oversold. The STOCH value of 13.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NNBR.

NN Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RCMT	71 Outperform	$140.80M	22.76	35.58%	―	13.70%	-13.35%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MATW	57 Neutral	$758.54M	4.71	4.65%	3.87%	-16.60%	58.86%
TUSK	52 Neutral	$103.97M	-1.40	-30.03%	―	-21.67%	60.44%
CODI	50 Neutral	$436.37M	-1.57	-40.36%	20.53%	-15.85%	-59.42%
NNBR	47 Neutral	$61.73M	-1.26	-25.53%	―	-9.85%	-11.65%
FBYD	42 Neutral	$367.12M	-23.14	-39.39%	―	28.46%	-105.62%

NN Corporate Events

NN Reports Stronger 2025 Results, Eyes 2026 Growth

On March 4, 2026, NN, Inc. reported fourth‑quarter 2025 net sales of $104.7 million and full‑year 2025 net sales of $422.2 million, with Q4 adjusted EBITDA rising to $12.9 million and full‑year adjusted EBITDA reaching $49.0 million despite lower volumes and weakness in auto and commercial vehicle markets. The company narrowed its operating and net losses year over year through plant closures, headcount reductions, and divestitures of underperforming and low‑margin assets, while shifting its mix toward higher‑margin programs and precious‑metal pass‑through pricing.

Management highlighted 2025 as the third straight year of improved financial performance and transformation progress, with roughly $70 million of new business wins secured during the year and more than 170 new sales programs launched or slated to launch in 2026. NN also formed a Strategic Committee of the Board in December 2025 to explore strategic and financing alternatives, and expects 2026 to be an inflection year marked by renewed organic net sales growth, higher adjusted EBITDA, and growing exposure to data centers, electrical infrastructure, defense, and medical markets.

The most recent analyst rating on (NNBR) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on NN stock, see the NNBR Stock Forecast page.

NN Inc. Amends Term Loan To Boost Liquidity

On January 29, 2026, NN, Inc., a Delaware corporation, amended its existing Term Loan Credit Agreement originally dated April 16, 2025, which provides for a $118 million funded term loan and an additional $10 million in delayed draw term loan commitments. The amendment removed the prior requirement for an equity raise as a condition to accessing the $10 million delayed draw term loans, and NN, Inc. simultaneously drew the full $10 million, a move that increased its available liquidity and may provide greater flexibility in managing its capital structure and financing needs.

The most recent analyst rating on (NNBR) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on NN stock, see the NNBR Stock Forecast page.

NN adds Legion-backed director amid strategic review

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.