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Buy Day today: Neutral (53) Mixed market breadth · no major macro event

Nelnet Inc (NNI)

Financial Services Credit Services
135.90 $
+0.1% vs. previous close
Closing price · As of: 31. Jul 2026
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Trading Day

Previous Close
135.70$
Open
135.10$
Day High
136.80$
Day Low
133.70$
Volume
80,060shares

Key levels of the most recently completed trading day — not a live quote.

52-Week Range

52-Week Low 52-Week High
122.20 $ 144.20 $
05/12/2026 04/28/2026

Current price 135.90 $ — 62% of the range above the low.

Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.

Basics

Market Cap
4.9$B
Shares Outstanding
25Mio.
Float
64.2%
Beta
0.8

Performance

Perf. 1M
2.40%
Perf. 3M
5.30%
Perf. 6M
-2.50%
YTD Performance (%)
-2.10%
52-Week-High Distance
-7.5%
Perf. 1Y
9.99%
Perf. 3Y
42.18%
Perf. 5Y
90.54%
Perf. 10Y
277.88%
Perf. Since Inception
728.87%

Technical Indicators

MA 38 Days
132.50$
MA 50 Days
131.70$
MA 200 Days
131.90$
RSI (14)
56.9
Volatility 30 Days
17.5%
Volatility 250 Days
24.7%

Calculated from the price history · as of 08/03/2026

Valuation

P/E
11.9
Forward P/E
16.6
PEG
0.5
P/B
1.3
P/S
2.3
EV/EBITDA
0.0
Price/FCF
13.2

Profitability

Gross Margin
86.6%
EBIT Margin
21.4%
Net Margin
25.3%
Return on Equity
10.7%
Return on Assets
2.6%

Balance Sheet & Safety

Equity Ratio
26.3%
Debt/Equity
2.1
Altman Z″
Piotroski
7 out of 9

Growth

Sales Growth Last Quarter
-7.10%
EPS Growth Last Quarter
-12.90%
Sales Growth (Year)
22.56%
Forward Sales Growth
6.14%
Forward EPS Growth
8.70%

Dividend

Dividend Yield
0.95%
Dividend Per Share (TTM)
1.29$
Payout Ratio
20.0%
Years Without a Cut
12Years
Increase Streak
11Years

Quality & Screener

Stage
1
RS Rating
38
EPS Rating
26
Piotroski
7 out of 9
Fundamental Rating
C (52 out of 100)
Altman Z″

AI Rating

Uses AI

Geprüft am 10.07.2026 gegen den Geschäftsbericht (10-K) Geschäftsjahr 2025 (eingereicht 26.02.2026), den jüngsten Quartalsbericht (10-Q) per 31.03.2026 sowie die DEF 14A 2026: Nelnet setzt künstliche Intelligenz nachweisbar operativ ein, verkauft sie aber nicht als eigenes Produkt. Im 10-K 2025 (Item 1A Risk Factors) beschreibt der Konzern konkret, KI in Teile des Geschäfts eingebaut zu haben — Kundenanfragen, Qualitätssicherung, Texterkennung (OCR) und Überwachung des Netzwerkverkehrs — und dass dies die operative Effizienz spürbar erhöht habe. Das erfüllt das Kriterium „nutzt KI“ (operativer Einsatz zur Effizienz, keine KI-Umsatzquelle). Kein KI-Produkt ist eine belegte Umsatzquelle: Die Bildungstechnik-/Payment-Sparte (Nelnet Business Services) und die Kreditverwaltung sind Software-/Dienstleistungsgeschäfte, in denen KI als Werkzeug (u. a. eine Lehrer-Coaching-Funktion, die per Video und KI Fortschritt misst) auftaucht, aber nicht als verkauftes KI-Produkt firmiert — damit greift „verkauft KI“ nicht (Vorrang-Regel: verkauft > bedroht > nutzt). KI-Beteiligungen im Venture-Portfolio machen Nelnet nicht zum KI-Verkäufer. Ein konkretes existenzielles KI-Geschäftsrisiko fürs eigene Modell wird nicht als solches ausgewiesen (die genannten KI-Risiken sind Wettbewerbs-, Reputations- und Cyber-Risiken) — „bedroht“ trifft nicht zu. Ergebnis nach Kriterienkatalog: nutzt KI.

View the full file — quotes, sources, reviewed filings
„Our development and deployment of artificial intelligence (AI) technologies has improved operational performance but these advancements also present risks that could result in reputational or competitive harm, legal liability, regulatory scrutiny, and other adverse effects on our business."

Die Entwicklung und der Einsatz von Technologien der künstlichen Intelligenz (KI) haben unsere operative Leistung verbessert, doch diese Fortschritte bringen zugleich Risiken mit sich, die zu Reputations- oder Wettbewerbsschäden, rechtlicher Haftung, regulatorischer Prüfung und anderen nachteiligen Auswirkungen auf unser Geschäft führen können.

10-K · 2026-02-26 · View SEC filing
„We have incorporated AI into certain aspects of our business, including assistance with handling customer inquiries, quality assurance monitoring, optical character recognition for processing and handling images, and monitoring network traffic. These advancements have significantly enhanced the efficiency and effectiveness of our operational processes."

Wir haben KI in bestimmte Bereiche unseres Geschäfts eingebunden — unter anderem zur Unterstützung bei der Bearbeitung von Kundenanfragen, zur Qualitätssicherung, zur Texterkennung (OCR) für die Verarbeitung von Bildern und zur Überwachung des Netzwerkverkehrs. Diese Fortschritte haben die Effizienz und Wirksamkeit unserer betrieblichen Abläufe deutlich erhöht.

10-K · 2026-02-26 · View SEC filing

Filings Reviewed: 10-Q 2026-05-07 · 10-Q 2025-11-06 · 10-Q 2025-08-06 · 10-Q 2025-05-08 · 10-K 2026-02-26 · 10-K 2025-02-27

Rated on July 10, 2026 · How the Rating Is Built

Growth Score

7 of 10 Solid growth

Ten checks against the annual reports — each one passed counts a point.

  • Revenue grows by more than 15% a year over three years 7.6% failed
  • More than 10% revenue growth is expected for the coming year 6.1% failed
  • Share count grows by less than 3% a year -1.1% passed
  • Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 40.1% passed
  • Gross margin at 40% or higher and without meaningful erosion 87.0% passed
  • Goodwill from acquisitions does not grow faster than revenue 1.3% passed
  • Net debt below twice EBITDA 6.5 x EBITDA failed
  • Operating cash flow covers the profits of the last three years 816 m passed
  • Return on capital at 15% or higher, or up versus two years ago 8.1% passed
  • Insiders hold at least 10% or are net buyers 30.7% passed

A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail

Analysts & Price Target

Current Price 135.90 $
Price Target (average) 135.00 $

The price target sits 0.7% below the current price.

Consensus
Hold
Analyst Ratings
1
Distribution of Recommendations
Strong Buy 0
Buy 0
Hold 1
Sell 0
Strong Sell 0

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 8.18 8.18 – 8.18 1,690 -31.7% 1
12/31/2027 9.58 9.58 – 9.58 1,794 17.1% 1

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Next Reporting Date

6. Aug 2026 · after the close · Q2 2026
Expected Earnings per Share
2.13 $

Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

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The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 434.2 $M Q4 2025: Q1 · 466.1 $M Q1 2025: Q2 · 612.8 $M Q2 2025: Q3 · 494.6 $M Q3 2025: Q4 · 503.9 $M Q4 2026: Q1 · 525.5 $M Q1

Source: fundamental data

Compare with other stocks →

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 1.73 434 1.10 14.50 181 198
2025: Q1 2.26 14.60 466 -9.80 17.70 91 88
2025: Q2 4.97 302.90 613 34.70 29.60 82 78
2025: Q3 2.94 4,381.50 495 13.80 21.60 112 101
2025: Q4 1.59 -8.20 504 16.10 11.50 138 130
2026: Q1 1.97 -12.90 526 12.70 13.50 73 62
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Annual Figures

Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 1,194 399 257 6.02 325 2,062 27,180
2017 1,178 227 173 4.14 228 2,150 23,964
2018 1,680 286 228 5.57 271 2,315 25,221
2019 1,678 177 142 3.59 299 2,391 23,709
2020 1,373 450 352 9.15 213 2,628 22,646
2021 1,418 502 393 10.37 545 2,953 21,678
2022 1,817 502 407 10.82 684 3,200 19,374
2023 1,814 69 90 2.40 432 3,254 16,712
2024 1,847 229 184 5.02 663 3,350 13,778
2025 2,263 1,145 428 11.79 423 3,686 14,064

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

About the Company

Nelnet, Inc. befasst sich weltweit mit Kreditverwaltung, Bildungstechnologiediensten und Zahlungsgeschäften.

Employees5,744
HeadquartersLincoln, NE
Address121 South 13th Street, 68508 Lincoln, United States
Phone402 458 2370
Websitenelnet.com
IPO Date11. Dec 2003
ISINUS64031N1081

Management

Management
Name Title Birth Year
Michael Sullivan Dunlap J.D. Executive Chairman of the Board 1963
Jeffrey R. Noordhoek Chief Executive Officer 1966
James D. Kruger CPA Chief Financial Officer 1963
Terry J. Heimes Chief Operating Officer 1964
Matthew W. Dunlap Chief Business Development Officer, President of Nelnet Financial Services & Director 1989
Deeann K. Wenger President of Nelnet Business Services 1971
Phil Morgan Director of Investor Relations
William J. Munn J.D. Corporate Secretary, Chief Governance Officer & General Counsel 1968
Emily R. Olinger Chief People Services Officer 1983
Jackie Strohbehn President of Nelnet Campus Commerce

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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