NN Inc (NNBR)
NASDAQ:NNBR
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NN
(NASDAQ:NNBR)
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Rating:52Neutral
Price Target:
$1.50
▼(-1.32% Downside)
Action:ReiteratedDate:03/24/26
The score is held back mainly by weak financial performance (shrinking revenue and ongoing net losses), partially offset by improved balance sheet leverage and positive free cash flow. Earnings-call guidance and execution on margin/cost initiatives support a more constructive outlook, while technicals are only moderately supportive and valuation remains constrained by losses.
Positive Factors
Improved leverage
Material deleveraging in 2025 meaningfully reduces near-term refinancing risk and raises financial flexibility. A lower debt load improves capacity to fund growth CapEx and program ramps, making the company better able to invest in launches and margin initiatives without immediate reliance on equity markets.
Negative Factors
Multi-year revenue decline
A steep multi-year revenue contraction erodes scale and fixed-cost absorption, making it harder to hit target margins. Sustained top-line declines impair program economics and bargaining power with OEMs, increasing the execution burden on new-win ramps to restore sustainable revenue and utilization.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage
Material deleveraging in 2025 meaningfully reduces near-term refinancing risk and raises financial flexibility. A lower debt load improves capacity to fund growth CapEx and program ramps, making the company better able to invest in launches and margin initiatives without immediate reliance on equity markets.
Read all positive factors
NN (NNBR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$76.29M
Dividend YieldN/A
Average Volume (3M)443.27K
Price to Earnings (P/E)―
Beta (1Y)2.11
Revenue Growth-9.85%
EPS Growth-11.65%
CountryUS
Employees2,600
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)0.00
Shares Outstanding50,190,125
10 Day Avg. Volume152,745
30 Day Avg. Volume443,266
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)0.43
Price to Sales (P/S)0.15
P/FCF Ratio8.75
Enterprise Value/Market Cap3.62
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit11.55
Enterprise Value/Ebitda15.53
Forecast
1Y Price Target
$4.50Price Target Upside196.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.08
Revenue Forecast (FY)$452.28M
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 syst...
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-te...
NN Earnings Call Summary
Earnings Call Date:Mar 04, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 30, 2026
Earnings Call Sentiment Positive
The call conveyed meaningful progress on margin expansion, profitability, restructuring, and a clear shift toward higher-value end markets with a robust pipeline and return-to-growth guidance for 2026. Those positive operational and commercial indicators outweigh the remaining challenges including modest pro forma revenue declines, exposure to auto-market volatility, and capital structure constraints. Management has completed most heavy transformation work and is directing more free cash and higher CapEx toward growth, which supports a constructive outlook despite macro and capital risks.Positive Updates
Improved Profitability and Margin Expansion
Adjusted operating income rose to $14.2M for FY2025 (up $9.1M vs prior year, approximately +179% year-over-year pro forma). Adjusted EBITDA was $49.0M for FY2025 (pro forma increase ~4.7% YoY) and Q4 adjusted EBITDA was $12.9M (up from $12.1M; +6.6% as-reported; pro forma increase of 9.3% YoY). Adjusted EBITDA margin expanded ~70–100 basis points (FY pro forma 11.6% and Q4 12.3%).
Negative Updates
Full-Year Revenue Decline (As-Reported)
As-reported net sales for FY2025 were $422.2M, down $42.1M versus prior year (management noted FY2025 was 'a little lighter than we had hoped'). On a pro forma basis (adjusting for divestitures and rationalized volumes), net sales decreased $7.4M or ~1.7% year-over-year.
Read all updates
Q4-2025 Updates
Positive
Negative
Improved Profitability and Margin Expansion
Adjusted operating income rose to $14.2M for FY2025 (up $9.1M vs prior year, approximately +179% year-over-year pro forma). Adjusted EBITDA was $49.0M for FY2025 (pro forma increase ~4.7% YoY) and Q4 adjusted EBITDA was $12.9M (up from $12.1M; +6.6% as-reported; pro forma increase of 9.3% YoY). Adjusted EBITDA margin expanded ~70–100 basis points (FY pro forma 11.6% and Q4 12.3%).
Read all positive updates
Company Guidance
Management guided 2026 net sales of $445–465 million and forecast gross margin and adjusted EBITDA expansion (Q4/2025 adjusted gross margin 18.8% and FY2025 18.5%; FY2025 adjusted EBITDA $49.0M with Q4 adjusted EBITDA $12.9M and Q4 adjusted EBITDA margin 12.3% / FY margin 11.6%), said they will pursue a $70–80M new‑wins target in 2026 supported by an $800M pipeline (>20% hit rate) and >100 program launches (expected to contribute roughly $20–25M of 2026 revenue), plan another $10M of cost‑outs in 2026 after achieving $15M in 2025, are roughly doubling growth CapEx (net CapEx ≈ $10M in 2025 to ≈ $20M in 2026 with >$15M directed to growth and ~75% of CapEx tied to launches), and reiterated longer‑term targets of ~20% adjusted gross margin, 13–14% adjusted EBITDA margin and a path to ~$80M adjusted EBITDA by 2030 (≈10% CAGR).NN Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
44
Neutral
Cash Flow
53
Neutral
| 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
Positive
1.52
Price Trends
1.52
Positive
1.42
Positive
1.76
Negative
Market Momentum
<0.01
Negative
51.99
Neutral
54.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NNBR, the sentiment is Positive. The current price of 1.52 is above the 20-day moving average (MA) of 1.49, above the 50-day MA of 1.52, and below the 200-day MA of 1.76, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.99 is Neutral, neither overbought nor oversold. The STOCH value of 54.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NNBR.
NN Risk Analysis
NN disclosed 34 risk factors in its most recent earnings report. NN reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
NN Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $189.17M | 9.26 | 40.90% | ― | 13.70% | -13.35% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | $1.18B | 173.56 | 257.49% | ― | 28.46% | -105.62% | |
58 Neutral | $116.54M | -1.40 | -30.03% | ― | -21.67% | 60.44% | |
57 Neutral | $847.25M | 4.71 | 4.65% | 3.87% | -16.60% | 58.86% | |
56 Neutral | $736.56M | -1.57 | -40.36% | 20.53% | -15.85% | -59.42% | |
52 Neutral | $76.29M | -1.86 | -25.53% | ― | -9.85% | -11.65% |
* Industrials Sector Average
NNBR
NN
1.52
-0.28
-15.56%
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9.79
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-40.74%
MATW
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27.22
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34.72%
RCMT
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26.93
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66.85%
TUSK
Mammoth Energy Services
2.41
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FBYD
Falcon's Beyond Global
12.18
4.01
49.08%
NN Corporate Events
Business Operations and StrategyFinancial Disclosures
NN Highlights Growth Strategy at 38th ROTH Conference
Positive
Mar 23, 2026
On March 23, 2026, NN, Inc. posted an updated investor presentation to its website for use at the 38th Annual ROTH Conference, outlining its strategy as a precision components supplier focused on powering and cooling solutions from the grid edge t...
Business Operations and StrategyFinancial Disclosures
NN Reports Stronger 2025 Results, Eyes 2026 Growth
Positive
Mar 4, 2026
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 mill...
Business Operations and StrategyPrivate Placements and Financing
NN Inc. Amends Term Loan To Boost Liquidity
Positive
Jan 30, 2026
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 comm...
Business Operations and StrategyExecutive/Board Changes
NN adds Legion-backed director amid strategic review
Positive
Jan 20, 2026
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.) Whit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.