NASDAQ
NN

Nextnav Acquisition Corp

Software-Infrastructure
Technology

Prices are adjusted according to historical splits.

Nextnav Acquisition Corp Stock Price

Vitals

Today's Low:
$4.62
Today's High:
$5.29
Open Price:
$4.68
52W Low:
$1.59
52W High:
$5.29
Prev. Close:
$4.49
Volume:
1828903

Company Statistics

Market Cap.:
$480.49 million
Book Value:
0.843
Revenue TTM:
$2.94 million
Operating Margin TTM:
-2062.4%
Gross Profit TTM:
$-7880000
Profit Margin:
0%
Return on Assets TTM:
-26.52%
Return on Equity TTM:
-63.47%

Company Profile

Nextnav Acquisition Corp had its IPO on 2021-10-28 under the ticker symbol NN.

The company operates in the Technology sector and Software-Infrastructure industry. Nextnav Acquisition Corp has a staff strength of 106 employees.

Stock update

Shares of Nextnav Acquisition Corp opened at $4.68 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.62 - $5.29, and closed at $5.07.

This is a +12.92% increase from the previous day's closing price.

A total volume of 1,828,903 shares were traded at the close of the day’s session.

In the last one week, shares of Nextnav Acquisition Corp have increased by +14.19%.

Nextnav Acquisition Corp's Key Ratios

Nextnav Acquisition Corp has a market cap of $480.49 million, indicating a price to book ratio of 3.1533 and a price to sales ratio of 99.8514.

In the last 12-months Nextnav Acquisition Corp’s revenue was $2.94 million with a gross profit of $-7880000 and an EBITDA of $-56681000. The EBITDA ratio measures Nextnav Acquisition Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nextnav Acquisition Corp’s operating margin was -2062.4% while its return on assets stood at -26.52% with a return of equity of -63.47%.

In Q2, Nextnav Acquisition Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 43.7%.

Nextnav Acquisition Corp’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.63 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nextnav Acquisition Corp’s profitability.

Nextnav Acquisition Corp stock is trading at a EV to sales ratio of 72.5716 and a EV to EBITDA ratio of -1.5609. Its price to sales ratio in the trailing 12-months stood at 99.8514.

Nextnav Acquisition Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$161.47 million
Total Liabilities
$9.68 million
Operating Cash Flow
$-30675000.00
Capital Expenditure
$1.64 million
Dividend Payout Ratio
0%

Nextnav Acquisition Corp ended 2024 with $161.47 million in total assets and $0 in total liabilities. Its intangible assets were valued at $161.47 million while shareholder equity stood at $91.23 million.

Nextnav Acquisition Corp ended 2024 with $7.26 million in deferred long-term liabilities, $9.68 million in other current liabilities, 12000.00 in common stock, $-720611000.00 in retained earnings and $17.74 million in goodwill. Its cash balance stood at $52.78 million and cash and short-term investments were $85.01 million. The company’s total short-term debt was $2,757,000 while long-term debt stood at $34.04 million.

Nextnav Acquisition Corp’s total current assets stands at $89.78 million while long-term investments were $0 and short-term investments were $32.23 million. Its net receivables were $1.83 million compared to accounts payable of $879000.00 and inventory worth $0.

In 2024, Nextnav Acquisition Corp's operating cash flow was $-30675000.00 while its capital expenditure stood at $1.64 million.

Comparatively, Nextnav Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$5.07
52-Week High
$5.29
52-Week Low
$1.59
Analyst Target Price
$9

Nextnav Acquisition Corp stock is currently trading at $5.07 per share. It touched a 52-week high of $5.29 and a 52-week low of $5.29. Analysts tracking the stock have a 12-month average target price of $9.

Its 50-day moving average was $3.66 and 200-day moving average was $2.88 The short ratio stood at 11.15 indicating a short percent outstanding of 0%.

Around 4309.7% of the company’s stock are held by insiders while 5127.3% are held by institutions.

Frequently Asked Questions About Nextnav Acquisition Corp

The stock symbol (also called stock or share ticker) of Nextnav Acquisition Corp is NN

The IPO of Nextnav Acquisition Corp took place on 2021-10-28

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About

NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service, which is based on three primary components comprising an altitude station network, device software, and secure cloud services platform. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation including broadcast transmitter. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. The company was founded in 2007 and is headquartered in McLean, Virginia.

Address

1775 Tysons Boulevard, McLean, VA, United States, 22102