NN Inc (NNBR)
NASDAQIndustrialsConglomeratesSnapshot 2026-09-04
$3.66+5.78%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsConglomeratesSnapshot 2026-09-04
Intact: The reason to own it still holds.
NN Inc aims to grow revenue to about $460 million in 2026. New business wins target is $80-$90 million. Free cash flow is expected near $55 million. The company is improving sales and cash flow despite past losses.
NN Inc is still losing money and has fragile quality. Leadership changes and recent capital raises show instability. Revenue growth may slow and profits may not return soon.
The market expects about 10% revenue growth. Our fair value is near $10.29, slightly above the current price. We see some recovery but risks remain in profitability and execution.
Breaks if: Free cash flow falls below $50 million in FY26
Breaks if: New business wins fall below $80 million in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround story in the industrial sector. NNBR has shown some positive momentum with raised guidance, but its execution quality remains fragile and management has been volatile.
The market appears to be pricing in a low level of fragility, suggesting that while NNBR is seen as cheap compared to peers, there is an expectations gap that reflects concerns about its execution and overall performance.
Management is on track with its goals for new business wins, net sales, and adjusted EBITDA, indicating potential for growth. However, recent financial performance has been weak compared to industry peers, which could pose risks in the near term.
The long-term thesis hinges on the ability of NNBR to maintain its growth trajectory and avoid credibility issues, especially if sector bellwethers either continue to perform well or start to miss expectations. Monitoring these peers will be crucial for early signals.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improved outlook. There are no new threats impacting the thesis at this time.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Focus on increasing new business wins to fall within the range of $80 million to $90 million for fiscal 2026.
Breaks if: Revenue falls below $450 million in FY26
Overall, NNBR's outlook is mixed, with potential growth tempered by execution risks and industry headwinds. Not investment advice.