Nextnav Acquisition Corp Stock Today
| NN Stock | USD 12.43 0.70 5.97% |
Performance0 of 100
| Odds Of DistressLess than 25
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Nextnav Acquisition is selling at 12.43 as of the 1st of February 2025; that is 5.97% increase since the beginning of the trading day. The stock's open price was 11.73. Nextnav Acquisition has about a 25 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 2nd of January 2025 and ending today, the 1st of February 2025. Click here to learn more.
Business Domain Software & Services | IPO Date 28th of October 2021 | Category Technology | Classification Information Technology |
NextNav Inc. provides next generation global positioning system and 3D geolocation services. The company was founded in 2007 and is headquartered in McLean, Virginia. Nextnav operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 130.57 M outstanding shares of which 13.05 M shares are now sold short in the market by investors with about 6.82 days to cover all shorted shares. More on Nextnav Acquisition Corp
Moving against Nextnav Stock
Nextnav Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Mariam Sorond | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, AEX Amsterdam Index, NASDAQ Composite, Electronic Equipment, Information Technology, Software, Internet Content & Information, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsNextnav Acquisition can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nextnav Acquisition's financial leverage. It provides some insight into what part of Nextnav Acquisition's total assets is financed by creditors.
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Nextnav Acquisition Corp (NN) is traded on NASDAQ Exchange in USA. It is located in 1775 Tysons Boulevard, McLean, VA, United States, 22102 and employs 111 people. Nextnav Acquisition is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.62 B. Nextnav Acquisition Corp is active under Software sector as part of Information Technology industry. The entity has 130.57 M outstanding shares of which 13.05 M shares are now sold short in the market by investors with about 6.82 days to cover all shorted shares.
Nextnav Acquisition Corp reports about 82.52 M in cash with (35.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81.
Check Nextnav Acquisition Probability Of Bankruptcy
Ownership AllocationNextnav Acquisition Corp maintains a total of 130.57 Million outstanding shares. Nextnav Acquisition Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nextnav Ownership Details
Nextnav Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Empyrean Capital Partners, Lp | 2024-09-30 | 1.5 M | |
| Whitefort Capital Management, Lp. | 2024-09-30 | 1.3 M | |
| Group One Trading, Lp | 2024-09-30 | 951.4 K | |
| Northern Trust Corp | 2024-09-30 | 622.6 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 546.8 K | |
| American Financial Group Inc | 2024-09-30 | 500 K | |
| Prentice Capital Management, Lp | 2024-09-30 | 477.6 K | |
| Bank Of America Corp | 2024-09-30 | 456.8 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 435.3 K | |
| Fortress Investment Group Llc | 2024-09-30 | 14.2 M | |
| Nea Management Company, Llc | 2024-09-30 | 8.2 M |
Nextnav Acquisition Historical Income Statement
Nextnav Stock Against Markets
Nextnav Acquisition Corporate Management
| Christian Gates | Chief Officer | Profile | |
| David Knutson | Senior Deployment | Profile | |
| Sammaad Shams | Corporate Officer | Profile | |
| Ganesh Pattabiraman | CEO, CoFounder | Profile | |
| Sanyogita Shamsunder | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextnav Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextnav Acquisition. If investors know Nextnav will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextnav Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.74) | Revenue Per Share | Quarterly Revenue Growth 0.565 | Return On Assets | Return On Equity |
The market value of Nextnav Acquisition Corp is measured differently than its book value, which is the value of Nextnav that is recorded on the company's balance sheet. Investors also form their own opinion of Nextnav Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Nextnav Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextnav Acquisition's market value can be influenced by many factors that don't directly affect Nextnav Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextnav Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextnav Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextnav Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.