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Nextnav Acquisition Corp (NN)NN
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Upturn Advisory Summary
09/18/2024: NN (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Profit: -12.66% | Upturn Advisory Performance 2 | Avg. Invested days: 35 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 09/18/2024 |
Type: Stock | Today’s Advisory: PASS |
Profit: -12.66% | Avg. Invested days: 35 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 09/18/2024 | Upturn Advisory Performance 2 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 977.72M USD |
Price to earnings Ratio - | 1Y Target Price 9 |
Dividends yield (FY) - | Basic EPS (TTM) -0.83 |
Volume (30-day avg) 900253 | Beta 1.07 |
52 Weeks Range 3.55 - 9.50 | Updated Date 09/18/2024 |
Company Size Small-Cap Stock | Market Capitalization 977.72M USD | Price to earnings Ratio - | 1Y Target Price 9 |
Dividends yield (FY) - | Basic EPS (TTM) -0.83 | Volume (30-day avg) 900253 | Beta 1.07 |
52 Weeks Range 3.55 - 9.50 | Updated Date 09/18/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -1387.51% |
Management Effectiveness
Return on Assets (TTM) -24.73% | Return on Equity (TTM) -120.33% |
Revenue by Products
Revenue by Products - Current and Previous Year
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 942891167 | Price to Sales(TTM) 223.07 |
Enterprise Value to Revenue 215.12 | Enterprise Value to EBITDA -1.55 |
Shares Outstanding 126320000 | Shares Floating 60326691 |
Percent Insiders 39.4 | Percent Institutions 49.78 |
Trailing PE - | Forward PE - | Enterprise Value 942891167 | Price to Sales(TTM) 223.07 |
Enterprise Value to Revenue 215.12 | Enterprise Value to EBITDA -1.55 | Shares Outstanding 126320000 | Shares Floating 60326691 |
Percent Insiders 39.4 | Percent Institutions 49.78 |
Analyst Ratings
Rating 4 | Target Price 9 | Buy - |
Strong Buy 1 | Hold 1 | Sell - |
Strong Sell - |
Rating 4 | Target Price 9 | Buy - | Strong Buy 1 |
Hold 1 | Sell - | Strong Sell - |
AI Summarization
Nextnav Acquisition Corp: A Comprehensive Overview
Company Profile:
History and Background: NextNav Acquisition Corp. (NXNAV) is a special purpose acquisition company (SPAC) formed in December 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. They aim to list a target business on a US stock exchange.
Core Business Areas: As a SPAC, NextNav has no core business areas or products of its own. Its sole purpose is to identify and acquire a private company and take it public.
Leadership team and corporate structure: NextNav is led by CEO and Director, Michael Rogers. Their board comprises industry veterans with experience in finance, technology, and deal execution. The company follows a typical SPAC structure with a board of directors, management team, and sponsor entities.
Top Products and Market Share:
As a SPAC without operations or products, NextNav has no market share or product offerings. Their market presence is tied to the company they ultimately choose to acquire.
Total Addressable Market (TAM):
NextNav's TAM depends on the target company it acquires. Their focus on disruptive technology and high-growth industries suggests a TAM potentially spanning multiple sectors and significant global market reach.
Financial Performance:
Currently, NextNav has no operational history or financial data to analyze. Their financial performance will be determined by the financials of the company they acquire.
Dividends and Shareholder Returns:
As a SPAC, NextNav does not yet distribute dividends or have a track record of shareholder returns. These will depend on the target company's financial profile and dividend policies.
Growth Trajectory:
NextNav's growth trajectory is directly linked to the company they acquire. Their growth potential will depend on the target company's market position, growth initiatives, and overall industry outlook.
Market Dynamics:
NextNav intends to acquire a company within the disruptive technology sector, which is characterized by rapid innovation, market shifts, and evolving customer needs. Their ability to adapt and capitalize on these dynamics will be crucial to their success.
Competitors:
Current competitors include other SPACs aiming for similar technology-focused acquisitions, such as:
- Multi Ways Acquisition Corp. (MWAC)
- Spartan Acquisition Corp. II (SPRQ)
- Altitude Acquisition Corp. (ALTU)
The competitive landscape will change depending on the sector and specific target company NextNav chooses to acquire.
Potential Challenges and Opportunities:
Challenges:
- Identifying and evaluating a suitable target company
- Successfully executing the merger and integration
- Navigating market volatility and evolving industry dynamics
- Realizing expected returns for shareholders
Opportunities:
- Unlocking the growth potential of a promising company
- Leveraging SPAC structure for public market access and capital raising
- Identifying disruptive technologies with high market potential
AI-Based Fundamental Rating:
AI models currently cannot rate NextNav's stock fundamentals due to its lack of operational history and financials. A rating is only possible upon identification and analysis of their chosen target company.
Sources and Disclaimers:
This overview uses information from the following sources:
- NextNav Acquisition Corp. Investor Relations: https://investors.nextnav.com/
- SEC Filings: https://www.sec.gov/cgi-bin/srch-edgar/company-search?company=nextnav+acquisition+corp
- SPAC Insider: https://spacinsider.com/spacs/nxnav
Disclaimer: This information is provided for informational purposes only and should not be considered investment advice. It is essential to conduct thorough research and due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nextnav Acquisition Corp
Exchange | NASDAQ | Headquaters | McLean, VA, United States |
IPO Launch date | 2021-10-28 | Chairman, CEO & President | Ms. Mariam Sorond |
Sector | Technology | Website | https://www.nextnav.com |
Industry | Software - Infrastructure | Full time employees | 111 |
Headquaters | McLean, VA, United States | ||
Chairman, CEO & President | Ms. Mariam Sorond | ||
Website | https://www.nextnav.com | ||
Website | https://www.nextnav.com | ||
Full time employees | 111 |
NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. NextNav Inc. was founded in 2007 and is headquartered in McLean, Virginia.
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