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Upturn AI Summary - About
NextNav Inc.(NN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NN
10/26/2026: NN (1-star) is currently NOT-A-BUY. Pass it for now.
NextNav Inc. is a specialized technology company focused on providing 3D geolocation and resilient PNT services as a complement or alternative to GPS. Its main strengths lie in proprietary spectrum control and high-accuracy vertical positioning technology, which addresses significant limitations in current navigation infrastructure. The company's primary growth story is the potential for widespread adoption of its services by critical infrastructure providers and the federal government. However, investors face high execution risks, significant cash burn, and the challenge of competing against established global GNSS providers. The stock is a higher-risk play that may best suit growth investors monitoring developments in federal adoption and technology integration.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to disruptive PNT technology but remains in a high-risk, pre-profitability phase. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit volatility driven by news regarding spectrum or regulatory milestones, appealing to short-term trend following. |
| Value investor | Weak fit | As a loss-making technology developer, the company lacks the consistent earnings or cash flow metrics favored by value investors. |
| Dividend investor | Weak fit | NextNav does not pay dividends and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | High volatility and the risks associated with infrastructure deployment make this unsuitable for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | As an early-stage tech stock, NN is subject to significant daily price swings based on speculative news or sector sentiment. |
| Valuation risk | High | Valuations are highly dependent on future commercial success, which remains uncertain and susceptible to adjustment. |
| Competition risk (GPS/GNSS incumbent dominance) | Medium / high | The company must compete against the ubiquity and massive R&D budgets of established GPS/GNSS providers. |
| Business quality | Medium | While the technology is innovative, the business lacks established, high-margin, predictable cash flow at this time. |
| Dividend income | Low / none | Investors should expect zero income from dividends in the foreseeable future. |
| Execution risk | High | Successfully building and scaling a nationwide, proprietary PNT network involves massive operational and capital execution hurdles. |
Price Behavior

Downtrend
The stock has experienced a sustained decline in price over recent periods.

Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit -61.49% | Avg. Invested days 21 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.70B USD | Price to earnings Ratio - | 1Y Target Price 33.67 |
Price to earnings Ratio - | 1Y Target Price 33.67 | ||
Volume (30-day avg) 3.2M shares | Beta 1.16 | 52 Weeks Range 8.98 - 24.42 | Updated Date 10/25/2026 |
52 Weeks Range 8.98 - 24.42 | Updated Date 10/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.9 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Pinnacle Service | Licensing of 3D geolocation data for handsets, emergency response, and commercial applications. | The company charges for access to its proprietary z-axis vertical positioning data. |
| TerraPoiNT Network | Resilient PNT network services, spectrum licensing, and infrastructure support. | The company aims to monetize its spectrum and network as an essential alternative to GPS for critical infrastructure. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 2.35B | Price to Sales(TTM) 427.86 |
Enterprise Value 2.35B | Price to Sales(TTM) 427.86 | ||
Enterprise Value to Revenue 590.19 | Enterprise Value to EBITDA 144.72 | Shares Outstanding 168.81M | Shares Floating 116.53M |
Shares Outstanding 168.81M | Shares Floating 116.53M | ||
Percent Insiders 22.55 | Percent Institutions 61.29 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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