Precision components maker NN Inc raises 2026 sales, adjusted EBITDA outlook

NN

06/05/2026 22:32

Overview

US industrial components maker's Q1 sales rose 12%, beating analyst expectations

Adjusted EPS and adjusted net income for Q1 beat analyst expectations, turning positive yr/yr

Company raised full-year 2026 guidance for net sales, adjusted EBITDA, and new business wins

Outlook

NN Inc. raises 2026 net sales guidance to $450 mln-$470 mln

Company lifts 2026 adjusted EBITDA outlook to $52 mln-$62 mln

NN Inc. now expects 2026 new business wins of $80 mln-$90 mln

Result Drivers

NEW BUSINESS LAUNCHES AND SALES MIX - Co said Q1 sales growth was driven by new business launches, improved sales mix, higher precious metals pass-through pricing, increased volumes in certain areas, and favorable foreign exchange effects

OPERATING PERFORMANCE - Improved operating performance and sales mix drove better results in Power Solutions and overall operating income

END-MARKET EXPANSION - Growth in targeted end-markets, including Electric Grid & Data Center, Defense & Electronics, and Medical, supported by new product launches and multi-year awards

Company press release: ID:nGNX74VVFH

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$118.50 mln
$106.59 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$0.02
-$0.05 (3 Analysts)
Q1 Adjusted Net Income
Beat
$1 mln
-$2.80 mln (3 Analysts)
Q1 Net Income
-$6.80 mln
Q1 Adjusted EBITDA
Beat
$14.10 mln
$10.16 mln (4 Analysts)
Q1 Adjusted Income from Operations
$5.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for NN Inc is $6.00, about 142.9% above its May 5 closing price of $2.47

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)