Core Viewpoint - NextNav Inc. has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which significantly influences stock prices [1] Group 1: Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [1][2] - The Zacks Rank stock-rating system classifies stocks into five groups, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] Group 2: Earnings Estimate Revisions - Changes in a company's future earnings potential, reflected in earnings estimate revisions, are strongly correlated with near-term stock price movements [4] - For Spartacus Acquisition, the Zacks Consensus Estimate has increased by 13.2% over the past three months, indicating a positive trend in earnings outlook [8][10] Group 3: Market Implications - Rising earnings estimates and the corresponding rating upgrade for Spartacus Acquisition suggest an improvement in the company's underlying business, which could lead to higher stock prices [5] - The upgrade positions Spartacus Acquisition in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]

NextNav Inc. (NN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.21, delivering a surprise of -40%.Over the last four quarters, the company has surpassed conse ...

The Brattle Group Analysis Finds Total Quantified Value of Having a GPS Backup is $14.6 billion NextNav Continues Engineer-to-Engineer Dialogue with Appropriate Stakeholders RESTON, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s third quarter ended September 30, 2024. Mariam Sorond, NextNav CEO said, “In the third quarter, we continued efforts to advance ...

Wall Street expects a year-over-year increase in earnings on higher revenues when NextNav Inc. (NN) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 1 ...

NextNav Inc. (NN) shares ended the last trading session 7.7% higher at $12.87. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 53.6% gain over the past four weeks.The stock benefits from the company’s pioneering 3D geolocation technology, meeting the rising demand for precise location data in sectors like public safety and augmented reality. Strong partnerships, a solid patent portfolio, and a favorable regulatory ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

RESTON, Va., Aug. 06, 2024 (GLOBE NEWSWIRE) -- NextNav (NASDAQ:NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, announced today that the Federal Communications Commission (FCC) released a public notice seeking comment on its innovative spectrum solution in the Lower 900 MHz band (902-928 MHz band). On April 16, NextNav filed a rulemaking petition asking the FCC to open this proceeding to reconfigure the Lower 900 MHz band and adopt new rules to enable a terrestrial ...

RESTON, Va., July 24, 2024 (GLOBE NEWSWIRE) -- NextNav (NASDAQ:NN), a leader in next generation positioning, navigation, timing ("PNT") and 3D geolocation, today announced that Chief Executive Officer, Mariam Sorond, and Chief Financial Officer, Chris Gates, will participate in the Oppenheimer 27th Annual Virtual Technology, Internet & Communications Conference. NextNav will present at 8:15am ET and participate in one-on-one meetings on August 13, 2024. NextNav Inc. (NASDAQ:NN) is a leader in next generatio ...

RESTON, Va., July 24, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing ("PNT") and 3D geolocation, today announced that Chief Executive Officer, Mariam Sorond, and Chief Financial Officer, Chris Gates, will participate in the Oppenheimer 27th Annual Virtual Technology, Internet & Communications Conference. NextNav will present at 8:15am ET and participate in one-on-one meetings on August 13, 2024. A live webcast of the presentation will be available ...

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I6293666000. After registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast. About NextNav Inc. Source: NN-FIN RESTON, Va., July 22, 2024 (GLOBE NEWSWIRE) -- NextNav (Nas ...