NN Stock Summary and Trading Ideas (Nextnav | NASDAQ:NN)

NextNav Inc provides GPS service. The company NextNav TerraPoiNT system delivers resilient, next-generation, complementary positioning, navigation, and timing (PNT) solutions designed to overcome the limitations and vulnerabilities of existing space-based Global Navigation Satellite Systems (GNSS), including the Global Positioning System (GPS). The products of the company include NextNav Pinnacle: Accurate vertical location, NextNav 3D: 3D location visualization, NextNav TerraPoiNT: Resilient PNT for 3D and indoor geolocation, Next Generation Solution: Terrestrial 3D PNT powered by spectrum.

Nextnav trades on the NASDAQ stock market under the symbol NN.

As of June 12, 2026, NN stock price declined to $21.77 with 895,569 million shares trading.

NN has a beta of 1.05, meaning it tends to be more sensitive to market movements. NN has a correlation of 0.03 to the broad based SPY ETF.

NN has a market cap of $2.97 billion. This is considered a Mid Cap stock.

Last quarter Nextnav reported $995,000 in Revenue and -$.12 earnings per share. This beat revenue expectation by $50,200 and exceeded earnings estimates by $.03.

In the last 3 years, NN traded as high as $24.42 and as low as $2.70.

The top ETF exchange traded funds that NN belongs to (by Net Assets): VTI, IWM, VGT, NASA, VXF.

NN has outperformed the market in the last year with a return of +71.8%, while the SPY ETF gained +24.4%. In the last 3 month period, NN beat the market returning +29.3%, while SPY returned +9.8%. However, in the most recent 2 weeks NN has underperformed the stock market by returning -2.4%, while SPY returned -1.8%.

NN support price is $21.46 and resistance is $24.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NN shares will trade within this expected range on the day.