Should I Buy NN? NN 2026 Analysis

Should You Buy NextNav Inc (NN) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

14.360

1 Day change

-1.85%

52 Week Range

18.250

Analysis Updated At

2026/01/30

NN is not a good buy right now for an impatient investor. Despite bullish positioning in options and notable hedge-fund accumulation, the near-term technical momentum is weakening (bearish MACD expansion, RSI ~40) and the latest quarter shows sharp revenue and earnings deterioration. Without a fresh catalyst or a proprietary buy signal, the odds favor choppy-to-down action over the next week/month rather than a clean upside breakout.

Technical Analysis

Price context: pre-market ~14.92, sitting below the Pivot (15.889) and just above key support S1 (14.46); next support S2 is 13.578. Trend vs momentum: Moving averages are bullishly stacked (SMA_5 > SMA_20 > SMA_200), suggesting the broader trend has been constructive, but momentum is currently rolling over—MACD histogram is negative (-0.0748) and expanding lower, and RSI_6 is 39.6 (weak/near-oversold but not a clear reversal). Practical takeaway: NN is in a fragile spot—near support (potential for a short bounce), but with weakening momentum and resistance overhead at 15.889 then 17.318. Pattern-based odds given: +0.64% next day probability skew, but -1.81% next week and -2.13% next month, aligning with a near-term bounce risk but poor follow-through. Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Sentiment/positioning: Put/Call Open Interest at 0.14 is very call-heavy (bullish tilt). Put/Call Volume at 0.48 is also call-favoring. Activity: today’s option volume is elevated (~281.67% vs 30-day average), signaling heightened attention. Volatility: IV_30d ~91.42 vs historical vol ~56.37 (options priced rich); IV percentile 58 and IV rank ~22 suggest IV is elevated vs realized but not at extreme historical highs. Net read: options market leans bullish/positioned for upside or protection via calls, but the expensive IV implies the market expects large moves and makes long premium less attractive.

Technical Summary

Sell

Buy

Positive Catalysts

with unusually high volume, reflecting bullish trader sentiment/attention. Moving averages remain bullishly stacked, implying the larger trend is not fully broken yet and a support-zone bounce is plausible near 14.46.

Neutral/Negative Catalysts

toward S2 (13.578). No news/catalyst in the past week to drive a decisive upside move. Elevated implied volatility (IV ~
indicates the market is pricing uncertainty; combined with pattern stats pointing to weakness over the next week/month, upside follow-through looks less likely. Fundamentals in the latest reported quarter deteriorated sharply, which can cap rallies.

Financial Performance

Latest quarter: 2025/Q3. Revenue fell to 887K (-44.80% YoY). Net income dropped to 483K (-103.55% YoY) and EPS fell to 0 (-100% YoY). Gross margin is still deeply negative (-529.88) though it improved YoY (+271.69%), indicating the company remains far from stable profitability despite some margin improvement directionally. Overall: growth and earnings trends are negative in the most recent quarter.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent analyst change: On 2026-01-09, Morgan Stanley raised its price target (EUR 60 -> EUR 64) while maintaining an Equal Weight rating. Wall Street pro view (pros/cons): Pros—incremental PT raise suggests some improving expectations/valuation support. Cons—Equal Weight is not a bullish conviction call; it aligns more with 'not a strong outperform' expectations. No politician/congress trading signal: no recent congress trading data available; insiders are neutral with no significant recent trend.

Analyst Rating

Wall Street analysts forecast NN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NN is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold

Sell

Current: 14.630

Low

Averages

High

Current: 14.630

Low

Averages

High

Morgan Stanley

Equal Weight

maintain

AI Analysis

2026-01-09

Reason