Professional
Added to YB: 2025-10-23
Pitch date: 2025-10-11
NN [neutral]
NextNav Inc.
-9.34%
current return
Author Info
Laughing Water Capital is a boutique investment partnership. Our partners believe that careful analysis of a select group of businesses can lead to above average investment returns for equity investors. Our small size and patient approach give us an advantage that cannot be matched by traditional asset managers or hedge funds that are focused on the day to day gyrations of the stock market, rather than the fundamental value of businesses. Visit their website.
Company Info
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers.
Market Cap
$1.7B
Pitch Price
$14.02
Price Target
60.00 (+372%)
Dividend
N/A
EV/EBITDA
-34.40
P/E
-9.75
EV/Sales
289.15
Sector
Software
Category
special_situation
Laughing Water Capital Portfolio Holding: NextNav Inc.
NN (holding update): Wireless spectrum play awaiting FCC approval for 5G repurposing that would add terrestrial GPS backup. FCC Chairman Carr supports GPS backup need, management meeting w/ FCC regulators, CFO moved to biz dev role signaling imminent approval. AT&T/DISH deal suggests ~$2.50/MHz/pop value = ~$60/share target vs current price.
Read full article (2 min)