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Stock Ratings / Industrials / NN / options
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NextNav Inc. (NN) Options Positioning, Max Pain & Unusual Sweeps

$9.62 -16.49% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $9.32

NextNav Inc. (NN) carries a Roarable Rating of E (Strong Sell) with 18/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $1.94B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on NN Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is NN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, NextNav Inc. (NASDAQ: NN) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 18/100 at a spot price of $9.62 (-16.49% 1D, market cap $1.94B). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 5/20, SEC Balance-Sheet Forensics 3/20, FRED Macro Regime Fit 3/20, and Executive Insider Alignment 3/20. Across 486 tracked Industrials issuers, NN ranks #478 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does NN compare to SPB and HSAI in the Industrials sector?
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Within the Industrials sector (Industrial Machinery/Components), NN carries a Roarable E (18/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, SPB (Spectrum Brands Holdings Inc.) holds a C+ grade (68/100 RQD, P/E 18.8x, ROIC 4.2%, cap $1.92B) and HSAI (Hesai Group) posts a D- grade (38/100 RQD, P/E 32.7x, ROIC 1.8%, cap $1.91B). Among the 5-stock peer group, SPB leads on earnings multiple (18.8x) while SPB leads on capital efficiency (4.2% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for NN?
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Per NN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001865631), NextNav Inc. generated $4.6M in revenue (-19.3% YoY), -$189.3M in net income, and -$50.8M in free cash flow against $247.0M in total assets and $273.6M in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $9.32 (-3.16%)🧬 Dilution Drag (+2.48% YoY Shares)⚙️ Cash Engine: 5/20 (E) • 0% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (18/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-12.2% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERRED ALERT • E
025507510018
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk E
Cash (5)Whales (5)SEC (3)Macro (3)CEO (3)
Each axis scored 0–20
12M PRICE TARGET CONE-18% Base Target
$26 Bull$8 Base$6 Bear
📬 FREE NN RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NN)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (18/100 Composite)
🔍 WHY NN SCORES 18/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Cash Engine Quality+5/20 pts (28% of score)

SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 52% Gross Margin

▲ #2 Bullish Driver: Whale & Options Positioning+5/20 pts (28% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
26
Grade E$11.31-15% Next Q
Q2 (-2Q)
23
Grade E$9.61+23.9% Next Q
Q3 (-1Q)
21
Grade E$11.91-19.2% Next Q
Current
18
Grade E$9.62-12.2% Hist 90D α
Trajectory: E (26) → E (18)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a NN Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While NN currently carries a cautious 18/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Industrials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($13.34) and Max Pain ($10.10) forces dealer call-delta covering toward $25.64.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NN• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “NN Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
YES 18%NO 82%Trade / Inspect Odds →
CALL VS. PUT WHALE SHARE
— (No Active Options Snapshot)
Put/Call Ratio: — (No Active Options Snapshot)
MAX-PAIN EXPIRATION MAGNET
— (No Active Options Snapshot)
No active options chain max-pain snapshot on file
HISTORICAL 20D VOLATILITY SWING
±12.5%
Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (NN)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for NN.

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FTC Disclosure: Roarable may receive partner referral compensation at no cost to you. Partner relationships never influence RQD scores.

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ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring NN)

  • ✓Walkthrough of NN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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NN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -46.91%🛡️ HOLDING TREND SUPPORT
2026-11-03O $12.08H $12.08L $9.62C $9.62VOL 2.64M
RES: $14.78SUP: $8.62SMA50: $13.34SMA200: $16.41
$25.50$21.02$16.55$12.07$7.59RES $14.78SUP $8.62$9.622026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NN Butterfly Map → + Track NN →
Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle
8.0%/yr Implied 5Y Growth

vs. -19.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on NN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for NN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NN)

Industrials Rank #478 of 486 ⚔️ SPB vs NN Full Matrix →

1. Head-to-Head Industrials Peer Comparison (NN vs. SPB, HSAI, MFP, CHRN)

Industry: Industrial Machinery/Components (208 Tracked Issuers)

Across 486 tracked Industrials securities in the Roarable RQD universe, NextNav Inc. (NN) ranks #478 by composite RQD confidence (18/100, grade E) and #209 by equity capitalization ($1.94B). Within this direct 5-issuer industry benchmark cohort, SPB leads on earnings valuation at 18.8x trailing P/E, while SPB leads on capital efficiency and profitability with 4.2% ROIC and 36.7% gross margin. SPB currently holds the highest overall quantitative score in the immediate peer group at 68/100 (C+) compared with NN at 18/100 (E).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
NN ACTIVE
NextNav Inc.
E 18/100 — — -35.0% -16.49% $1.94B Benchmark Subject
SPB
Spectrum Brands Holdings Inc.
C+ 68/100 18.8x 36.7% 4.2% +4.22% $1.92B /spb-vs-nn →
HSAI
Hesai Group
D- 38/100 32.7x 41.8% 1.8% +0.99% $1.91B /hsai-vs-nn →
MFP
Midera Food Processing Inc.
D 48/100 — — — +2.47% $1.81B /mfp-vs-nn →
CHRN
ChronoScale Holdings Corporation
E 25/100 — 9.6% -9.3% -9.39% $2.09B /chrn-vs-nn →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001865631 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), NextNav Inc. (NN) reported GAAP revenue of $4.6M (-19.3% vs. FY2024 revenue of $5.7M , and +18.4% cumulative change since FY2023) , GAAP net income of -$189.3M, operating cash flow of -$50.7M, and free cash flow of -$50.8M (-32.4% YoY). On the balance sheet, NN closed FY2025 with $247.0M in total assets against $273.6M in total debt (Altman Z-Score: 0.20, Piotroski F-Score: 2/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $4.6M -$189.3M -$50.7M -$50.8M $247.0M $273.6M
FY2024 (FY) 2024-12-31 $5.7M -$101.9M -$38.0M -$38.4M $161.7M $54.6M
FY2023 (FY) 2023-12-31 $3.9M -$71.7M -$35.4M -$35.4M — —

3. NN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, NextNav Inc. (NASDAQ: NN) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 18/100 at a spot price of $9.62 (-16.49% 1D, market cap $1.94B). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 5/20, SEC Balance-Sheet Forensics 3/20, FRED Macro Regime Fit 3/20, and Executive Insider Alignment 3/20. Across 486 tracked Industrials issuers, NN ranks #478 in composite RQD confidence.

How does NN compare to SPB and HSAI in the Industrials sector?

Within the Industrials sector (Industrial Machinery/Components), NN carries a Roarable E (18/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, SPB (Spectrum Brands Holdings Inc.) holds a C+ grade (68/100 RQD, P/E 18.8x, ROIC 4.2%, cap $1.92B) and HSAI (Hesai Group) posts a D- grade (38/100 RQD, P/E 32.7x, ROIC 1.8%, cap $1.91B). Among the 5-stock peer group, SPB leads on earnings multiple (18.8x) while SPB leads on capital efficiency (4.2% ROIC).

What are the biggest fundamental strengths and SEC risk factors for NN?

Per NN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001865631), NextNav Inc. generated $4.6M in revenue (-19.3% YoY), -$189.3M in net income, and -$50.8M in free cash flow against $247.0M in total assets and $273.6M in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

Where is NN trading relative to its 50-day, 200-day, and 52-week technical levels?

NN last traded at $9.62 (-16.49% on volume of 3,700,980 shares), positioning the stock -27.89% below its 50-day simple moving average ($13.34) and -41.38% below its 200-day simple moving average ($16.41). Across its 52-week range of $8.98 to $24.42, NN sits at the 4.1% percentile with a 14-day RSI of 46.8 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($8.42 to $10.82).

Direct Sub-Reports: NN RQD Cockpit NN 12M Forecast NN Earnings & Move NN Dividends & DRIP NN Insiders & 13F NN Whale Options NN Profit Sankey NN News & Why
ROARABLE RATING BRIEF • RQD 18/100 (E) ✓ SEC XBRL & RQD VERIFIED

NN — NextNav Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

NextNav Inc. (NN) earns a live Roarable RQD composite score of 18/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $9.62 (-16.49% 1D, market capitalization $1.94B).

  • Fundamental Cash Engine (5/20): Anchored by return on invested capital (ROIC) of -35.0%, gross margin of —, operating margin of -60.0%, and free cash flow yield of -2.49%.
  • Whale 13F & Options Flow (5/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (3/20) + Forensic Balance Sheet (3/20): Incorporates a 1.00x equity beta, Altman Z-Score of 0.20, Piotroski F-Score of 2/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

NextNav Inc. (NN) is a NASDAQ-listed issuer classified in the Industrials sector and the Industrial Machinery/Components industry. —: the products or services sold, the customer base, and the revenue model. The profile identifies only the sector, industry, exchange, and market capitalization.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), NextNav Inc. (NN) reported $4.6M in annual revenue (up from $5.7M in FY2024, -19.3% YoY) and -$189.3M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($3.9M revenue, -$71.7M net income) through FY2025, NN scaled operating cash flow to -$50.7M and free cash flow to -$50.8M, backed by $247.0M in total assets against $273.6M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

  • 🐂 Primary Bull Case (E • RQD 18/100): Established market leader in Industrials with deep daily trading liquidity. Free cash flow yield of -2.49% and institutional whale pillar of 5/20. With Fundamental Cash Engine at 5/20 and Institutional Whale Flow at 5/20, sustained execution supports upside toward the upper end of the $8.98 – $24.42 52-week range.
  • 🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against -60.0% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

The supply chain is NONE, with an empty list of butterfly links and an empty list of proprietary signals. No upstream or downstream dependencies, sector correlations, or 2nd-order bottlenecks are recorded in the source data. —: named suppliers, customers, or peers.

  • Key Question #1: Can NN sustain or expand its -60.0% operating margin and -35.0% ROIC against Industrial Machinery/Components peers over the next 4 quarters?
  • Key Question #2: Following FY2025 revenue of $4.6M and free cash flow of -$50.8M, how will capital allocation balance growth reinvestment against $273.6M in total debt?
  • Key Question #3: How sensitive is NN's equity valuation to Industrials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

NN Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for NextNav Inc. (NN) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to NN Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

NN Bull vs. Bear Conversation Board — What's Your Call at $9.62?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON NN 🐻 33% BEARISH CONVICTION
1. Pick Your Side on NN:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
MA MacroHawk_NYC RQD DEBATE OPENER • Cross-Asset Macro Desk 🐂 BULLISH 🎯 Target: $14.40 (+25.0%)
📌 Pinned Debate

A GREEN-flagged catalyst headline reports NextNav shares jumping on FCC momentum and spectrum hopes, the only positive-flagged item in

Don't sleep on NN's setup in Industrials. A GREEN-flagged catalyst headline reports NextNav shares jumping on FCC momentum and spectrum hopes, the only positive-flagged item in the news flow.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (18/100) backs up the fundamental quality.

SectorRotator 🐂 BULL

@MacroHawk_NYC Agree on the RQD 18/100 quality, though with 1.0 beta I'm scaling in with half-size at $11.52 and keeping dry powder in case we test $10.71.

SK SkepticalCFA RQD DEBATE OPENER • Fundamental Contrarian 🐻 BEARISH 🎯 Target: $9.22 (-20.0%)
Spot @ $11.52

With an Altman Z-Score of 0.2, a Piotroski F-Score of 2/9, and operating margin of -60%, the forensic balance sheet pillar scores only

Fading this rally in NN at $11.52. With an Altman Z-Score of 0.2, a Piotroski F-Score of 2/9, and operating margin of -60%, the forensic balance sheet pillar scores only 2/20.. With a beta of 1.0 and the stock sitting at $11.52 (52-wk range $8.98–$24.42), the easy multiple expansion is already priced in.

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