Noble Financial Has Optimistic Opinion of NN FY2026 Earnings

NN, Inc. (NASDAQ:NNBR) – Equities researchers at Noble Financial lifted their FY2026 earnings per share estimates for shares of NN in a research note issued to investors on Monday, November 2nd. Noble Financial analyst J. Gomes now anticipates that the industrial products company will post earnings per share of $0.20 for the year, up from their previous estimate of $0.15. The consensus estimate for NN’s current full-year earnings is $0.15 per share.

NN (NASDAQ:NNBR) last posted its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. NN had a positive return on equity of 43.10% and a negative net margin of 5.43%. The firm had revenue of $131.10 million during the quarter, compared to the consensus estimate of $118.10 million.

NNBR has been the topic of several other reports. Zacks Research raised NN from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 9th. Lake Street Capital reissued a “buy” rating and set a $7.00 target price on shares of NN in a research report on Friday, August 7th. Wall Street Zen lowered shares of NN from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NN in a research report on Thursday, October 15th. Finally, Craig Hallum started coverage on shares of NN in a research report on Monday, July 20th. They set a “buy” rating and a $7.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5.67.

NN Stock Performance

Shares of NASDAQ:NNBR opened at $3.72 on Tuesday. The business has a 50-day moving average of $3.63 and a two-hundred day moving average of $2.72. The firm has a market capitalization of $348.73 million, a PE ratio of -4.33 and a beta of 2.65. The company has a debt-to-equity ratio of 7.70, a current ratio of 1.79 and a quick ratio of 1.08. NN has a 12 month low of $1.10 and a 12 month high of $4.79.

Institutional Investors Weigh In On NN

Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new stake in NN in the third quarter valued at $36,000. Addison Advisors LLC acquired a new position in NN during the 2nd quarter worth $39,000. AIGH Capital Management LLC acquired a new position in NN during the 2nd quarter worth $41,000. AssuredPartners Investment Advisors LLC bought a new stake in shares of NN in the 2nd quarter worth about $44,000. Finally, Nierenberg Investment Management Company LLC bought a new stake in shares of NN in the 2nd quarter worth about $48,662. 53.92% of the stock is currently owned by hedge funds and other institutional investors.

About NN

NN, Inc (NASDAQ: NNBR) is a diversified industrial manufacturer that produces highly engineered components and assemblies for customers in the automotive, electrical, industrial, aerospace, and medical markets. Its products are designed for applications that require precision, durability, and consistent performance.

The company’s manufacturing capabilities have included precision machining, metal forming, plastic injection molding, and the production of complex assemblies. NN, Inc has supplied components used in systems such as automotive powertrains, electrical and industrial equipment, medical devices, and other specialized products.

Founded in 1980 as NN Ball & Roller, the company expanded beyond its original bearing-component operations through acquisitions and later adopted the NN, Inc name.