Jul. 5 at 9:15 PM
$NNBR
Base case
$4.40–5.20
Bull case
$6.00–7.50
Exceptional execution (12–24 months)
$8–10
Why I think
$5+ is achievable
At
$3.49, the company is worth roughly
$260 million after the PIPE.
If NN achieves the midpoint of guidance (about
$57 million EBITDA) and continues winning AI/data center business, I believe the market could justify an enterprise value that supports roughly
$4.50–5.50 per share.
Heck, it could be 5.50 at some point this week
$BBAI $GE
