NextNav (NN) vs. Its Competitors Head to Head Review

NextNav (NASDAQ:NN) is one of 953 public companies in the “Software” industry, but how does it compare to its competitors? We will compare NextNav to similar companies based on the strength of its dividends, risk, earnings, valuation, profitability, analyst recommendations and institutional ownership.

Analyst Recommendations

This is a breakdown of recent ratings for NextNav and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NextNav	1	1	4	1	2.71
NextNav Competitors	5717	21424	44694	1492	2.57

NextNav currently has a consensus target price of $32.33, suggesting a potential upside of 236.11%. As a group, “Software” companies have a potential upside of 28.16%. Given NextNav’s stronger consensus rating and higher possible upside, equities research analysts plainly believe NextNav is more favorable than its competitors.

Profitability

This table compares NextNav and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NextNav	-3,232.19%	-211.25%	-25.35%
NextNav Competitors	-620.53%	20.98%	-8.95%

Volatility and Risk

NextNav has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500. Comparatively, NextNav’s competitors have a beta of 1.27, suggesting that their average stock price is 27% more volatile than the S&P 500.

Earnings & Valuation

This table compares NextNav and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NextNav	$4.57 million	-$189.25 million	-9.92
NextNav Competitors	$1.90 billion	$385.94 million	110.48

NextNav’s competitors have higher revenue and earnings than NextNav. NextNav is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

79.2% of NextNav shares are held by institutional investors. Comparatively, 42.0% of shares of all “Software” companies are held by institutional investors. 7.8% of NextNav shares are held by company insiders. Comparatively, 19.8% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

NextNav competitors beat NextNav on 8 of the 12 factors compared.

About NextNav

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.