# NN, Inc. (NNBR)

> Source: Nexqual · https://nexqual.com/NNBR · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, NN, Inc. (NNBR), nexqual.com/NNBR" · informational, not investment advice.

**Price:** USD 3.33 (-4.03% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 3.47 · day 3.25–3.44 · 52w 1.1–4.79 · market cap $312M · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $456M, net income -$28.3M (-6.2% margin), free cash flow $7.7M (SEC filings).
- 1 of 80 tracked superinvestors hold NNBR (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 5 Form 4 filings, $7.9M; 5 not under a Rule 10b5-1 plan ($7.9M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (3 analysts), mean target USD 6.67 (range 6–7).
- Total return with dividends: 1Y +86.0% vs S&P 500 +14.9%; 5Y -33.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 0.01, revenue estimate $118M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $478M | $499M | $489M | $464M | $422M | $456M |
| Operating income | -$9.0M | -$21.1M | -$21.8M | -$27.5M | -$18.9M | -$13.7M |
| Net income | -$13.2M | -$26.1M | -$50.1M | -$38.3M | -$34.0M | -$28.3M |
| EPS (diluted) | -$0.79 | -$0.83 | -$1.35 | -$1.11 | -$1.07 | — |
| Free cash flow | -$2.6M | -$10.2M | $8.8M | -$7.2M | -$7.2M | $7.7M |
| Operating margin | -1.9% | -4.2% | -4.5% | -5.9% | -4.5% | -3.0% |
| Net margin | -2.8% | -5.2% | -10.2% | -8.2% | -8.1% | -6.2% |
| Revenue growth | +11.7% | +4.4% | -1.9% | -5.1% | -9.1% | — |
| Cash + short-term investments | $28.7M | $12.8M | $21.9M | $18.1M | $11.4M | — |
| Total debt | $160M | $154M | $153M | $149M | $160M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.7x · EV/EBITDA 20.0x · EV/Sales 1.0x · P/FCF 40.6x · P/B 14.7x · FCF yield 2.47% · Earnings yield -9.07% · Net debt $150M · EV $462M

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold NNBR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Howard Marks | Oaktree Capital | 0.05% | $1.8M | New position |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 5 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-12 | White Raymond T. | Director | 18,782 | $45K | 0.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-15…2026-04-27 | Barrett John Frederick |  | 1,636,916 | $3.9M | 26.4% | No | Too little history (no open-market trades in 2024) |
| 2026-04-23…2026-04-27 | Corre Partners Management, Llc |  | 703,669 | $1.9M | 65.4% | No | Too little history (no open-market trades in 2024) |
| 2026-04-20…2026-04-22 | Corre Partners Management, Llc |  | 229,620 | $518K | 29% | No | Too little history (no open-market trades in 2024) |
| 2026-04-15…2026-04-17 | Corre Partners Management, Llc |  | 703,627 | $1.5M | 53.1% | No | Too little history (no open-market trades in 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 3 analysts; mean target USD 6.67 (low 6, high 7).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-20 | Craig-Hallum | Initiated | Buy | $7 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +86.0% | -33.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +86.4% | -7.7% |
| Volatility (annualized) | 87.3% | 73.8% |
| Max drawdown | -40.6% (Oct 2025→Dec 2025) | -82.6% (Nov 2021→May 2023) |

## Peers (Conglomerates)
VMI (Valmont Industries, Inc.) USD 435.87 -2.81% · HON (Honeywell International Inc.) USD 218.31 +1.67% · MMM (3M Company) USD 175.56 +0.47% · VRT (Vertiv Holdings, LLC) USD 195.59 -7.81% · HWM (Howmet Aerospace Inc.) USD 193.29 -7.14% · NOC (Northrop Grumman Corporation) USD 552.35 +2.42%

## More
Full page: https://nexqual.com/NNBR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Mobile Solutions | $66.6M | 51.7% | +5.0% | -$1.9M | -2.9% |
| Power Solutions | $62.3M | 48.4% | +39.5% | $9.0M | 14.5% |
| Total revenue | $128.7M | 100% | — | $1.0M | 0.8% |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Automotive | $44.7M | 34.7% | +4.5% |
| Commercial Vehicle | $14.4M | 11.2% | -3.7% |
| Defense & Electronics | $5.2M | 4.1% | +14.8% |
| Electrical | $1.9M | 1.5% | +97.7% |
| General Industrial | $171,000 | 0.1% | — |
| Medical | $151,000 | 0.1% | +62.4% |
| Total revenue | $128.7M | 100% | — |
The lines above cover 51.7% of total revenue.

## Revenue by region (fiscal year ended 2025-12-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $228.8M | 54.2% | -13.7% |
| China | $71.8M | 17.0% | +5.7% |
| Other Country | $48.4M | 11.5% | +2.7% |
| Brazil | $41.4M | 9.8% | -6.6% |
| Mexico | $15.8M | 3.7% | -38.4% |
| Germany | $12.2M | 2.9% | +20.9% |
| Poland | $3.8M | 0.9% | -9.0% |
| Total revenue | $422.2M | 100% | — |

## Customer concentration

Period ended 2026-06-30: 11% of revenue from unnamed direct customers (10-Q, filed 2026-08-05).

## Company outlook (8-K filed 2026-08-05)

- "Outlook for 2026, Announces Refinancing 5 Pillar Growth Program Delivering Above Expectations;"
- "The second half of 2026 is expected to reflect continued momentum and str"

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.01 | $0.04 | -61.9% | $118.1M | 3 |
| Next quarter (ends 2026-12-31) | $0.01 | $0.01 | -33.3% | $114.1M | 3 |
| Current fiscal year (ends 2026-12-31) | $0.12 | $0.07 | +64.4% | $479.4M | 3 |
| Next fiscal year (ends 2027-12-31) | $0.19 | $0.27 | -29.6% | $518.2M | 3 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-28): ±38.9%; last 8 reports averaged ±9.3%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 242.9% | ±38.9% |
| 2026-12-18 | 56 | 94.4% | ±34.5% |
| 2027-03-19 | 147 | 103.2% | ±51.8% |
| 2027-06-17 | 237 | 81.2% | ±53.3% |