In the first quarter of 2025, NN Inc. (NNBR, Financial) demonstrated significant progress in executing its transformation strategy, recording new business growth of $16.4 million. The company's commercial efforts are gaining momentum, reinforcing its status as a preferred supplier across key growth areas such as stampings, electrical, and medical markets. Despite some underperformance in specific sectors of its base business due to prevailing uncertainties, NN Inc. is actively adjusting its cost structures in response.
The company has announced an increase in its five-year Adjusted EBITDA margin target to a range of 13-14%, reflecting enhanced profitability that surpasses initial expectations. This positive adjustment is attributed to ongoing operational improvements and focused efforts on margin expansion. NN Inc. is dedicated to refining its cost structure and integrating new accretive business opportunities to enhance its profitability.
Looking to the future, NN Inc. continues to implement further initiatives aimed at strengthening its profitability and expanding margins, as part of its long-term commitment to increasing shareholder value. The company is poised to capitalize on its early successes and solidify its transformation into a leading supplier in its priority markets.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for NN Inc (NNBR, Financial) is $6.50 with a high estimate of $7.00 and a low estimate of $6.00. The average target implies an upside of 283.48% from the current price of $1.70. More detailed estimate data can be found on the NN Inc (NNBR) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, NN Inc's (NNBR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NN Inc (NNBR, Financial) in one year is $2.37, suggesting a upside of 39.82% from the current price of $1.695. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NN Inc (NNBR) Summary page.
