How to Buy Nextnav Stock
Nextnav Inc
NextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions.
Nextnav stock last closed at $11.10, down 6.05% from the previous day, and has increased 32.14% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.85 percentage points. Nextnav stock is currently +71.56% from its 52-week low of $6.47, and -40.12% from its 52-week high of $18.54.
As of Apr 21, 2025, there are 131.45M shares of NN outstanding. The market value of NN is $1.46B. In the last 24 hours, 744,919 NN shares were traded.
How to Buy Nextnav Stock
Wondering how to invest in Nextnav stock? Here's how.
- Decide where to buy Nextnav stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Nextnav stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your info.
- Analyze Nextnav stock: The Nextnav ticker symbol is NN. Is Nextnav stock a good investment? Should you buy shares of NN? How do NN's underlying business fundamentals look? Do top analysts think Nextnav is a good buy? Why has NN's stock price moved recently? (Hint: Our stock market research tools can help you understand if NN is a good stock to buy).
- Make your NN trade: Decide if you will purchase NN shares at the current market price or use a limit order to purchase NN stock at a particular price.
- Keep an eye on your NN position: Create a watchlist to the latest updates on your position in Nextnav shares.
Step 1: Decide where to buy Nextnav stock
You will need an online brokerage account in order to access the NASDAQ market and buy NN shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you can invest in NN stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on apps for stock market, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Analyze Nextnav stock
Once you have figured out the best place to buy Nextnav stock, it's very important to analyze their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Nextnav shares data
NN Due Diligence Score
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NN's stock page.
How is NN stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge NN's true value.
Using relative valuations metrics:
- NN may be overvalued based on its P/B ratio of 29.11x, relative to Software - Infrastructure industry P/B ratio of 9.29x
You can access more valuation research on NN's stock here.
NN Financial Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the NN balance sheet.
- NN has cash burn of 38358000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total NN debt is lower than 5 years ago, relative to shareholder equity.
- NN has $80.12M in cash and short term investments. This is sufficient to cover its annual cash burn of $38.36M.
Negative Financial Indicators:
- NN profit margin has gone up by 0.6 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the NN balance sheet.
- NN has a relatively high debt to equity ratio of 2.23.
You can dig deeper into what analysts are forecasting on the Nextnav stock forecast page.
NN Technicals
Is NN Growing Revenue?
Last year, NN revenue was $5.67M. During the past 5 year, NN's revenue has grown by 103.11% per year. This was faster than the Software - Infrastructure industry average of 17.42%.
Learn more about NN's earnings and revenue performance here.
Are NN executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at NN have bought more shares than they have sold.
Sammaad Shams, Chief Accounting Officer of NN, was the latest NN insider to sell. They sold $1,186.26 worth of NN shares on Mar 19, 2025.
Learn more about who owns NN shares here.
Does NN stock generate passive income?
No, Nextnav doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your NN trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and your broker will place the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your NN position
Now that you own some NN shares, you'll want to stay up-to-date on your investment.
Start a watchlist to see the latest developments about your NN stock.
NN Feed
How to Buy Stock in Nextnav
To reiterate, here are the 6 steps to buy Nextnav stock:
- Decide where to buy Nextnav stock
- Sign up for a brokerage account
- Fund your brokerage account
- Analyze Nextnav stock
- Make your NN trade
- Keep an eye on your NN position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Nextnav, add NN to your watchlist by clicking the button below.
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