What is Noble Financial’s Forecast for NN Q2 Earnings?

NN, Inc. (NASDAQ:NNBR) – Noble Financial dropped their Q2 2026 earnings per share (EPS) estimates for shares of NN in a note issued to investors on Monday, May 11th. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.05. The consensus estimate for NN’s current full-year earnings is $0.12 per share. Noble Financial also issued estimates for NN’s Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.04 EPS and FY2027 earnings at $0.27 EPS.

NN (NASDAQ:NNBR) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.07. NN had a positive return on equity of 4.54% and a negative net margin of 7.85%.The firm had revenue of $118.45 million for the quarter, compared to analyst estimates of $106.59 million.

A number of other research analysts have also issued reports on NNBR. Zacks Research upgraded NN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. B. Riley Financial lowered NN from a “buy” rating to a “neutral” rating in a research report on Monday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NN in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NN presently has an average rating of “Reduce” and a consensus price target of $3.00.

NN Trading Down 7.9%

Shares of NASDAQ:NNBR opened at $2.58 on Tuesday. NN has a 1 year low of $1.10 and a 1 year high of $2.99. The firm has a market capitalization of $136.15 million, a price-to-earnings ratio of -2.37, a price-to-earnings-growth ratio of 0.54 and a beta of 2.54. The company has a debt-to-equity ratio of 6.39, a current ratio of 1.87 and a quick ratio of 1.16. The business’s 50 day moving average price is $1.79 and its 200-day moving average price is $1.58.

Insider Buying and Selling at NN

In related news, major shareholder Corre Partners Management, Llc sold 555,305 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $2.69, for a total value of $1,493,770.45. Following the completion of the transaction, the insider directly owned 412,427 shares of the company’s stock, valued at approximately $1,109,428.63. This represents a 57.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder John Frederick Barrett sold 555,305 shares of the stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $2.69, for a total value of $1,493,770.45. Following the completion of the transaction, the insider directly owned 4,717,079 shares of the company’s stock, valued at approximately $12,688,942.51. This represents a 10.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 3,273,832 shares of company stock valued at $7,859,198. 19.60% of the stock is owned by corporate insiders.

Institutional Trading of NN

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its stake in shares of NN by 10.6% in the 4th quarter. Geode Capital Management LLC now owns 620,060 shares of the industrial products company’s stock worth $794,000 after acquiring an additional 59,225 shares during the last quarter. Ancora Advisors LLC increased its stake in shares of NN by 74.2% in the 3rd quarter. Ancora Advisors LLC now owns 290,770 shares of the industrial products company’s stock worth $599,000 after acquiring an additional 123,810 shares during the last quarter. UBS Group AG increased its stake in shares of NN by 15,147.1% in the 3rd quarter. UBS Group AG now owns 279,632 shares of the industrial products company’s stock worth $576,000 after acquiring an additional 277,798 shares during the last quarter. Marshall Wace LLP increased its stake in shares of NN by 334.0% in the 2nd quarter. Marshall Wace LLP now owns 257,234 shares of the industrial products company’s stock worth $540,000 after acquiring an additional 197,960 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of NN in the 4th quarter worth $230,000. 53.92% of the stock is owned by institutional investors and hedge funds.

About NN

NN, Inc (NASDAQ: NNBR) is a diversified industrial manufacturing company specializing in engineered metal components, powder metal parts and friction materials. Through its subsidiaries, the company develops and produces precision-rolled products for powertrain and chassis applications, engineered friction products for brake and transmission systems, and various metal powders used in automotive, industrial and energy markets. Its offerings span a wide range of component sizes and complexity, from thin‐gauge strips for hybrid and electric vehicle applications to high‐volume sintered parts for commercial and consumer products.

The company’s operations are organized into three business segments.