NextNav Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 14 out of 34 in the Computers, Phones & Household Electronics industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 39.50.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
NextNav Inc's Score
Industry at a Glance
Industry Ranking
14 / 34
Overall Ranking
205 / 4569
Industry
Computers, Phones & Household Electronics
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative-
NextNav Inc Highlights
StrengthsRisks
NextNav Inc. specializes in three-dimensional (3D) Positioning, Navigation, and Timing (PNT) solutions. The Company, as a license holder in a spectrum band expressly designated for terrestrial positioning services, is positioned to enable a widescale terrestrial complement and backup to Global Positioning System (GPS). Leveraging licensed low-band spectrum and the global 5G ecosystem, the Company is focused on delivering 3D PNT solutions. It delivers PNT services through its Pinnacle and TerraPoiNT solutions. The Pinnacle system provides an accurate altitude service and is primarily used for public safety applications, including enhanced 911 (E911) for Verizon and a number of devices operating on the remaining national cellular network providers. The TerraPoiNT system is a terrestrially based dedicated, complementary 3D PNT network designed to overcome the limitations inherent in the space-based nature of GPS. It serves various industries, including telecom and public safety.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 18.41% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 4.57M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 4.57M.
Fairly Valued
The company’s latest PB is -26.96, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 90.94M shares, decreasing 1.23% quarter-over-quarter.
NextNav Inc. specializes in three-dimensional (3D) Positioning, Navigation, and Timing (PNT) solutions. The Company, as a license holder in a spectrum band expressly designated for terrestrial positioning services, is positioned to enable a widescale terrestrial complement and backup to Global Positioning System (GPS). Leveraging licensed low-band spectrum and the global 5G ecosystem, the Company is focused on delivering 3D PNT solutions. It delivers PNT services through its Pinnacle and TerraPoiNT solutions. The Pinnacle system provides an accurate altitude service and is primarily used for public safety applications, including enhanced 911 (E911) for Verizon and a number of devices operating on the remaining national cellular network providers. The TerraPoiNT system is a terrestrially based dedicated, complementary 3D PNT network designed to overcome the limitations inherent in the space-based nature of GPS. It serves various industries, including telecom and public safety.