Nelnet, Inc. Class A NNI

Wall Street has issued downbeat forecasts for the stocks in this article. These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.

Nelnet, Inc. (NYSE: NNI) today announced the appointment of Angie Klein and Ed Pallesen to its board of directors, expanding the board to 10 members. Klein, who recently joined Apple, brings nearly 25 years of consumer marketing and growth leadership from her extensive tenure at Verizon; Pallesen brings over 25 years in financial services and infrastructure investing, including roles at H.I.G. Capital and Goldman Sachs.

Nelnet Government Services today announced that its cooperative purchasing contract, awarded through the Alliance for Innovation (AFI), is now accessible through Civic Marketplace. By listing on Civic Marketplace, Nelnet gives local governments, public schools, and other public agencies nationwide a streamlined way to discover and procure its ADA Web Accessibility Consulting and ADA Web Accessibility Consulting and Design services.

Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE: NNI), announced a new integration with PayPal, marking the first time institutions on the Nelnet Campus Commerce platform can offer PayPal and Venmo as tuition payment options to students and families.

Education finance company Nelnet (NYSE:NNI) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 20.5% year on year to $410 million. Its non-GAAP profit of $1.77 per share was 16.9% below analysts’ consensus estimates.

Nelnet (NYSE: NNI) today reported GAAP net income of $66.7 million, or $1.85 per share, for the second quarter of 2026, compared with GAAP net income of $181.5 million, or $4.97 per share, for the same period a year ago.

Over the past six months, Nelnet’s shares (currently trading at $131.79) have posted a disappointing 6% loss, well below the S&P 500’s 7.7% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.

NNI, AA and ASBFY have been added to the Zacks Rank #5 (Strong Sell) List on July 9, 2026.

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Nelnet (NYSE:NNI) and its peers.

Nelnet Campus Commerce, a Nelnet company (NYSE: NNI) and a leading provider of payment technology for higher education, today announced a strategic partnership with Atrium Campus, the premier provider of cloud-native campus card and mobile credential management solutions. The partnership connects two technology-forward companies serving higher education institutions, with a shared focus on improving operational efficiency and the student experience.

With major federal student loan changes scheduled to take effect July 1, including the phaseout of Grad PLUS loans for new borrowers, many students and families are reassessing how they plan to pay for graduate school. As borrowers explore new financing options and prepare for upcoming enrollment and tuition deadlines, Nelnet Bank is ready to help with graduate student loan solutions built around clarity, flexibility, and support.

The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.

Financial firms serve as the backbone of the economy, providing essential services from lending and investment management to risk management and payment processing. But worries about economic uncertainty and potential market volatility have kept sentiment in check, and over the past six months, the industry has tumbled by 2.7%. This drop is a far cry from the S&P 500’s 10% ascent.

Growth boosts valuation multiples, but it doesn’t always last forever. Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.

Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.

Recent performance and why Nelnet is on investors’ radar Nelnet (NNI) has caught investor attention after recent trading, with the stock closing at US$129.64. That move comes alongside a mixed return profile across different time frames and a diversified business model in education and financial services. See our latest analysis for Nelnet. While Nelnet’s latest share price move has been positive over the past week, the stock is still digesting a softer 1 month share price return, set against...

Driive, the AI-native booking and scheduling platform built for the home service trades, today announced the close of its pre-seed funding round. The round includes investment from Nebraska Angels, Nelnet, Move Venture Capital, and Luke Hansen, founder and CEO of CompanyCam.

Shares of education finance company Nelnet (NYSE:NNI) fell 15.6% in the afternoon session after the company reported first-quarter 2026 results that missed Wall Street's expectations for both revenue and earnings.

Education finance company Nelnet (NYSE:NNI) fell short of the market’s revenue expectations in Q1 CY2026, but sales rose 10.3% year on year to $419.1 million. Its non-GAAP profit of $1.94 per share was 27.1% below analysts’ consensus estimates.