Nextnav Acquisition Stock Target Price and Analyst Consensus

NN Stock  USD 8.16  0.08  0.99%   
The current analyst and expert consensus on Nextnav Acquisition is Strong Buy, with 2 strong buy opinions. The current projected Nextnav Acquisition target price consensus is 9.00 with 3 analyst opinions. The most common way Nextnav Acquisition Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Nextnav Acquisition executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Nextnav Acquisition. We encourage you to use your own analysis of Nextnav Acquisition Corp to validate this buy or sell advice. Nextnav Acquisition buy-or-sell recommendation module provides average expert sentiment on the projected Nextnav Acquisition Corp target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Nextnav Acquisition to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
8.19
Highest Forecast
9.99
Target Price
9
As of the 21st of April 2024, Gross Profit is likely to drop to about (14.4 M). In addition to that, Pretax Profit Margin is likely to drop to -19.44. At this time, Nextnav Acquisition's Property Plant Equipment is very stable compared to the past year. As of the 21st of April 2024, Net Invested Capital is likely to grow to about 133.5 M, while Total Assets are likely to drop about 111.5 M.
  
It's important to approach Nextnav Acquisition's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Nextnav Acquisition Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nextnav target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Nextnav Acquisition's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Strong Buy
Most Nextnav analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Nextnav stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Nextnav Acquisition Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Nextnav Acquisition Target Price Projection

Nextnav Acquisition's current and average target prices are 8.16 and 9.00, respectively. The current price of Nextnav Acquisition is the price at which Nextnav Acquisition Corp is currently trading. On the other hand, Nextnav Acquisition's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Nextnav Acquisition Market Quote on 21st of April 2024

Low Price7.84Odds
High Price8.26Odds

8.16

Target Price

Analyst Consensus On Nextnav Acquisition Target Price

Low Estimate8.19Odds
High Estimate9.99Odds

9.0

Historical Lowest Forecast  8.19 Target Price  9.0 Highest Forecast  9.99
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Nextnav Acquisition Corp and the information provided on this page.

Nextnav Acquisition Analyst Ratings

Nextnav Acquisition's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Nextnav Acquisition stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Nextnav Acquisition's financials, market performance, and future outlook by experienced professionals. Nextnav Acquisition's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Nextnav Acquisition price targets

Nextnav Acquisition's stock target price is an estimate of its future price, usually made by analysts. Using Nextnav Acquisition's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Nextnav Acquisition's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Nextnav Acquisition's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Nextnav Acquisition Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Nextnav Acquisition is a key component of Nextnav Acquisition valuation and have some predictive power on the future returns of a Nextnav Acquisition.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nextnav Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.048.2415.44
Details
Intrinsic
Valuation
LowRealHigh
0.838.0315.23
Details
Naive
Forecast
LowNextHigh
0.587.7814.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.18-0.15-0.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nextnav Acquisition. Your research has to be compared to or analyzed against Nextnav Acquisition's peers to derive any actionable benefits. When done correctly, Nextnav Acquisition's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nextnav Acquisition Corp.

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When determining whether Nextnav Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nextnav Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nextnav Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextnav Acquisition Corp Stock:
Check out Macroaxis Advice on Nextnav Acquisition to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Nextnav Acquisition's price analysis, check to measure Nextnav Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextnav Acquisition is operating at the current time. Most of Nextnav Acquisition's value examination focuses on studying past and present price action to predict the probability of Nextnav Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextnav Acquisition's price. Additionally, you may evaluate how the addition of Nextnav Acquisition to your portfolios can decrease your overall portfolio volatility.
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The data published in Nextnav Acquisition's official financial statements usually reflect Nextnav Acquisition's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Nextnav Acquisition Corp. For example, before you start analyzing numbers published by Nextnav accountants, it's critical to develop an understanding of what Nextnav Acquisition's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Nextnav Acquisition's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nextnav Acquisition's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Nextnav Acquisition's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nextnav Acquisition Corp. Please utilize our Beneish M Score to check the likelihood of Nextnav Acquisition's management manipulating its earnings.