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NextNav Inc. (NN)

Technology | Software - Infrastructure | Reston, United States | NasdaqCM
15.36 USD -0.35 (-2.228%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:06 a.m. EDT

The immediate outlook is driven by a potent confluence of speculative capital and a potential catalyst. While the company's fundamentals are currently distressed—showing negative revenue growth, negative margins, and a lack of profitability—the market appears to be pricing in a transformation or a specific event related to their drone navigation technology. The options chain screams 'call,' with heavy positioning at strikes significantly higher than the current price, indicating traders expect a rapid re-rating. This aggressive speculative flow overrides the weak statistical forecast and the deteriorating financials for the near term. However, the long-term investment case remains neutral due to the absence of a dividend, negative earnings trajectory, and the fact that the current valuation multiples are detached from realized performance. The stock is trading on a narrative of future potential rather than current reality, making it a high-risk, high-reward momentum play rather than a fundamental buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.125962
AutoETS0.125963
MSTL0.127805
AutoTheta0.130724

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 39%
H-stat 1.17
Ljung-Box p 0.000
Jarque-Bera p 0.279
Excess Kurtosis -1.16
Attribute Value
Sector Technology
Debt to Equity Ratio 3.935
Revenue per Share 0.029
Market Cap 2,592,920,064
Forward P/E -26.95
Beta 1.11
Previous Name Spartacus Acquisition Corporation
Website https://nextnav.com

As of Aug. 22, 2026, 1:06 a.m. EDT: Speculators are aggressively positioning for a significant upside move, evidenced by massive open interest walls at $25, $30, and $32 strikes across multiple expirations. Call volume spikes are concentrated well above the current price, while put activity remains relatively muted despite some defensive positioning near the $15-$18 range. Implied volatility is elevated at deep strikes, suggesting a market expectation of a binary event or a sharp rally rather than a steady grind.


Info Dump

Attribute Value
52 Week Change -0.12727273
Address1 11,911 Freedom Drive
Address2 Suite 200
All Time High 24.42
All Time Low 1.59
Ask 15.36
Ask Size 1
Audit Risk 2
Average Daily Volume10 Day 2,078,190
Average Daily Volume3 Month 2,650,082
Average Volume 2,650,082
Average Volume10Days 2,078,190
Beta 1.108
Bid 15.45
Bid Size 1
Board Risk 7
Book Value 2.003
City Reston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.36
Current Ratio 25.634
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 15.66
Day Low 15.01
Debt To Equity 3.935
Display Name NextNav
Earnings Call Timestamp End 1,786,482,000
Earnings Call Timestamp Start 1,786,482,000
Earnings Timestamp 1,786,478,400
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -68,226,000
Ebitda Margins 0.0
Enterprise To Ebitda -34.814
Enterprise To Revenue 597.238
Enterprise Value 2,375,215,104
Eps Current Year -0.46
Eps Forward -0.57
Eps Trailing Twelve Months -0.82
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.8706
Fifty Day Average Change -0.5106001
Fifty Day Average Change Percent -0.032172702
Fifty Two Week Change Percent -12.727272
Fifty Two Week High 24.42
Fifty Two Week High Change -9.06
Fifty Two Week High Change Percent -0.37100738
Fifty Two Week Low 10.87
Fifty Two Week Low Change 4.49
Fifty Two Week Low Change Percent 0.41306347
Fifty Two Week Range 10.87 - 24.42
Financial Currency USD
First Trade Date Milliseconds 1,604,327,400,000
Float Shares 115,743,252
Forward Eps -0.57
Forward P E -26.947369
Free Cashflow -91,647,752
Full Exchange Name NasdaqCM
Full Time Employees 103
Fullday Change -0.35000038
Fullday Change Percent -2.2278826
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins -1.04903
Gross Profits -4,172,000
Has Pre Post Market Data 1
Held Percent Insiders 0.23304
Held Percent Institutions 0.60656
Implied Shares Outstanding 168,809,910
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Ipo Expected Date 2,021-10-29
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. The company was founded in 2007 and is headquartered in Reston, Virginia.
Long Name NextNav Inc.
Market us_market
Market Cap 2,592,920,064
Market State PRE
Max Age 86,400
Message Board Id finmb_108517188
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -111,855,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,652,003,686
Number Of Analyst Opinions 3
Open 15.5
Operating Cashflow -53,063,000
Operating Margins -17.52087
Overall Risk 9
Payout Ratio 0.0
Phone 800 775 0982
Prev Name Spartacus Acquisition Corporation
Previous Close 15.71
Price Eps Current Year -33.391304
Price Hint 2
Price To Book 7.668497
Price To Sales Trailing12 Months 651.9789
Profit Margins 0.0
Quick Ratio 19.486
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.35000038
Regular Market Change Percent -2.2278826
Regular Market Day High 15.66
Regular Market Day Low 15.01
Regular Market Day Range 15.01 - 15.66
Regular Market Open 15.5
Regular Market Previous Close 15.71
Regular Market Price 15.36
Regular Market Time 1,787,947,200
Regular Market Volume 2,137,055
Return On Assets -0.14068
Return On Equity -0.77870005
Revenue Growth -0.043
Revenue Per Share 0.029
Sand P52 Week Change 0.20204377
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 6
Shares Outstanding 168,809,910
Shares Percent Shares Out 0.093
Shares Short 15,695,369
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 16,228,861
Short Name NextNav Inc.
Short Percent Of Float 0.117
Short Ratio 4.9
Source Interval 15
State VA
Symbol NN
Target High Price 50.0
Target Low Price 22.0
Target Mean Price 33.66667
Target Median Price 29.0
Total Cash 228,836,992
Total Cash Per Share 1.357
Total Debt 13,163,000
Total Revenue 3,977,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.82
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.82925
Two Hundred Day Average Change -1.4692507
Two Hundred Day Average Change Percent -0.08730339
Type Disp Equity
Volume 2,137,055
Website https://nextnav.com
Zip 20,190