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

NN, Inc. (NASDAQ:NNBR) – Equities researchers at Noble Financial lowered their Q2 2026 earnings per share estimates for shares of NN in a research report issued on Monday, May 11th. Noble Financial analyst J. Gomes now forecasts that the industrial products company will earn $0.04 per share for the quarter, down from their prior estimate 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 released its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The business had revenue of $118.45 million during the quarter, compared to analysts’ expectations of $106.59 million. NN had a positive return on equity of 4.54% and a negative net margin of 7.85%.

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

NN Stock Performance

NASDAQ NNBR opened at $2.58 on Tuesday. The stock has a market cap of $136.15 million, a PE ratio of -2.37, a P/E/G ratio of 0.54 and a beta of 2.54. The company has a current ratio of 1.87, a quick ratio of 1.16 and a debt-to-equity ratio of 6.39. NN has a twelve month low of $1.10 and a twelve month high of $2.99. The stock has a fifty day simple moving average of $1.79 and a 200-day simple moving average of $1.58.

Hedge Funds Weigh In On NN

Hedge funds and other institutional investors have recently made changes to their positions in the stock. J.W. Cole Advisors Inc. boosted its stake in shares of NN by 11.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 90,600 shares of the industrial products company’s stock valued at $116,000 after buying an additional 9,600 shares during the period. XTX Topco Ltd raised its position in shares of NN by 29.3% during the 4th quarter. XTX Topco Ltd now owns 73,920 shares of the industrial products company’s stock worth $95,000 after acquiring an additional 16,732 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of NN during the 4th quarter worth about $90,000. Squarepoint Ops LLC acquired a new stake in shares of NN during the 3rd quarter worth about $88,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of NN during the 4th quarter worth about $77,000. Hedge funds and other institutional investors own 53.92% of the company’s stock.

Insider Activity

In other news, major shareholder Corre Partners Management, Llc sold 555,305 shares of NN stock in a transaction dated 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 owned 412,427 shares in the company, valued at approximately $1,109,428.63. This trade represents a 57.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder John Frederick Barrett sold 555,305 shares of NN stock in a transaction dated 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 owned 4,717,079 shares of the company’s stock, valued at $12,688,942.51. The trade was a 10.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,273,832 shares of company stock valued at $7,859,198 in the last quarter. Company insiders own 19.60% of the company’s stock.

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.