The price of NNBR is predicted to go up 14.33%, based on the high correlation periods with VRAR. The similarity of these two price pattern on the periods is 96.5%.
NNBR
VRAR
Up: 14.33%Similarity: 96.5%
NNBR Revenue Forecast
NNBR EPS Forecast
NNBR FAQs
What is bull’s view on NNBR?
NNBR stock has a bullish outlook with a price target of $6.00, reflecting a potential upside of 79.49%. This optimism stems from NN, Inc.'s focus on improving its balance sheet, including debt reduction through asset sales, and operational improvements. Hedge fund interest and positive ratings further support the bullish sentiment.
What is bear's view on NNBR?
NNBR stock closed at $3.04 on January 31, 2025, down 3.8% during regular trading. Bears may argue that NNBR's declining net sales (-4.6% YoY in Q1 2024) and ongoing operational losses ($4.8M in Q1 2024) reflect weak fundamentals. Additionally, the stock's leverage ratio of 3.1x and limited growth prospects could deter investors.
What is NNBR revenue forecast for next quarter?
The market consensus for NNBR's revenue in the upcoming quarter is projected to be approximately $115.83M USD.
What is NNBR eps forecast for next quarter?
The market consensus for NNBR's eps in the upcoming quarter is projected to be approximately $0.03 USD.