Key statistics
Previous close$13.84
Open$13.41
Day high$13.76
Day low$12.04
52-week high$24.42
52-week low$10.87
Market cap1.78B
Volume7.88M
Average volume2.77M
P/E ratio-19.49
Forward P/E—
EPS-0.67
Dividend yield0.00%
Market context
Why it moved
NextNav (NN) shares fell sharply today amid heavy options activity, with the stock experiencing significant volatility as traders favored call options overwhelmingly, suggesting speculative positioning rather than fundamental support, while broader market uncertainty weighed on the high-momentum name.
What is happening
Recent company-specific developments and publisher coverage.
July 18, 2026NextNav tumbled amid a broad tech selloff, with the broader Nasdaq dropping over 1.5% as semiconductor stocks extended their correction on AI valuation concerns and rising U.S.-Iran geopolitical tensions. Compounding the pressure, investor sentiment around NextNav remains cautious as the company awaits a key FCC Notice of Proposed Rulemaking (NPRM) that would allow it to use its wireless spectrum for 5G communications — a regulatory catalyst that remains in limbo. Despite a bullish Oppenheimer price target of $50 and heavy call options activity earlier in the week (~134% above average), the stock has shed roughly 17% over the past month, trading well below its 50-day moving average of ~$19.53.-5.6358
July 17, 2026NextNav tumbled amid a broad semiconductor and tech sell-off that dragged the Nasdaq lower, compounding company-specific uncertainty around the long-awaited FCC Notice of Proposed Rule Making (NPRM) for its 5G spectrum plan. Laughing Water Capital's Q2 letter flagged that regulatory limbo and recent balance sheet cleanup—including SPAC warrant calls and convertible debt conversions—have weighed on the stock, even as Wall Street maintains a consensus Hold rating with an average price target of $37.50. Unusually heavy options activity on Wednesday, with call volume 134% above average, suggests some traders are still positioning for a potential catalyst from the FCC.-7.0517
July 16, 2026NextNav declined after unusually large options activity — 37,942 call contracts traded on Wednesday — sparked fresh market buzz around the positioning technology company. Institutional pressure has been building, with General American Investors recently trimming its stake by 22.5%, while Laughing Water Capital's Q2 letter highlighted continued patience waiting for the company's thesis to play out. The consensus analyst target of $37.50 remains well above current levels, but shares sit below their 50-day average as sentiment turns cautious amid broader tech sector rotation. In after-hours trading, NextNav edged back up roughly 0.94% to $15.03.-2.6797
July 14, 2026NextNav fell amid a broad tech selloff driven by renewed U.S.-Iran military tensions that sent oil prices surging and rattled equity markets, with Nasdaq declining nearly 1%. The stock, already trading well below its 50-day moving average of $19.67 and its 12-month high of $24.42, faces additional headwinds from a recent institutional reduction — General American Investors cut its stake by 22.5% in Q1. Despite a bullish Oppenheimer price target boost to $50 (from $25) in early June, mixed analyst sentiment and thin volume roughly 65% below average underscore cautious investor positioning.-3.5
July 10, 2026NextNav closed modestly lower amid a broader technology sector pullback driven by geopolitical volatility and lingering AI sentiment concerns. The stock pulled back from an intraday high of $17.59, weighed by macro headwinds including escalating U.S.-Iran tensions that rattled markets and rekindled inflation fears. Earlier in the week, a TipRanks report highlighted NextNav's strategic positioning in low-band spectrum for indoor location services, while also flagging ongoing cash burn and negative equity as key risks for investors watching its path to profitability.-1.5716
July 8, 2026NextNav gained ground as investors navigated a broad risk-off session dominated by geopolitical tensions and semiconductor sector turbulence. Shares rose despite broader market pressure from escalating U.S.-Iran strikes — Trump's declaration that the Iran peace MOU is "over" sent oil surging 5%+ and weighed on the Nasdaq — while the chip selloff triggered by Samsung's record-but-disappointing Q2 results had limited read-through for NextNav, which operates in positioning technology rather than memory or AI silicon. The stock's resilience may reflect its differentiated spectrum-based indoor navigation narrative.1.717
July 8, 2026NextNav declined amid a broad semiconductor-driven tech sell-off, after Samsung Electronics' record-breaking Q2 profit triggered a 'sell-the-news' reaction that dragged down chip and tech stocks across the board. The broader Nasdaq fell 0.5% as investors rotated out of AI-adjacent and consumer electronics names following Samsung's near 7% drop despite a 19-fold profit surge, while rising oil prices tied to renewed Middle East tensions added to the risk-off tone. In after-hours trading, NextNav shares are rebounding modestly, recovering a portion of the day's losses.-1.8023
July 7, 2026NextNav surged ~5.65%, closing at $17.20, as investors continued to build positions around a high-conviction regulatory catalyst: the company's pending FCC rulemaking on its 900 MHz spectrum, which could unlock a nationwide terrestrial positioning, navigation, and timing (PNT) network to complement GPS. Bullish sentiment was reinforced by a recent thesis highlighting accelerating FCC momentum in 2026, a draft NPRM submitted to the Office of Management and Budget, and $143M in cash on hand—while the broader tech sector got a lift from a semiconductor rebound that pushed the Nasdaq higher on the day.5.6511
Business Wire · June 30, 2026NextNav Completes Redemption of Warrants and Convertible Notes↗Simply Wall Street · June 24, 2026Is NextNav (NN) Cheap On Its GSMA Drone Initiative News?↗TradingView · June 16, 2026NextNav to Redeem $186.5M of 5.00% Senior Secured Convertible Notes on June 25, 2026↗Stocktwits · April 16, 2026NN Stock Hits All-Time High: Oppenheimer Upgrades NextNav, Sees 47% Upside↗ Mt Newswire · June 30, 2026NextNav Completes Redemption of Convertible Notes, WarrantsMt Newswire · June 15, 2026NextNav to Redeem $186.5 Million Notes due 2028Mt Newswire · June 3, 2026Oppenheimer Adjusts Price Target on NextNav to $50 From $25, Maintains Outperform RatingBenzinga · May 14, 2026NextNav Q1 2026 Earnings Call TranscriptMt Newswire · May 14, 2026NextNav Q1 Loss Narrows, Revenue FallsMt Newswire · May 14, 2026Earnings Flash (NN) NextNav Posts Q1 Revenue $995,000, vs. FactSet Est of $900,000Benzinga · May 14, 2026NextNav Q1 EPS $(0.12) Beats $(0.15) Estimate, Sales $995.000K Beat $945.000K EstimateMt Newswire · May 14, 2026Earnings Flash (NN) NextNav Posts Q1 Loss $0.12, vs. FactSet Est of $0.14 Loss
