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NMMNavios Maritime Partners LPHold7.2·$92.16+0.90%
HoldModerate Confidence
Investment thesis

Navios Maritime Partners trades at an exceptionally low forward P/E of 4.4x and PEG of 0.03 with four consecutive earnings beats averaging 28% above estimates, but a deeply negative free cash flow relative to net income and an elevated put-to-call ratio of 3.37 signal caution at current prices.

Thesis pillars

  • Consecutive Earnings BeatsDeteriorating
  • Extreme Low ValuationStable
  • Free Cash Flow Quality FlagDeteriorating
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Navios Maritime Partners LP (NMM) Stock Analysis

HoldVALUE-TRAP 1/5ValueGrowthQualityModerate Confidence

Industrials · Marine Shipping

Hold if already holding. Not a fresh buy at $92.16, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (0.6% away).

Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, such as crude oil, refined petroleum, chemicals, iron... Read more

$92.16-9.6% A.UpsideScore 7.2/10#4 of 19 Marine Shipping
QualityF-score9 / 9FCF yield-6.17%
IncomeYield0.26%(5y avg 0.61%)Payout1.37%sustainable
Stop $86.74Target $105.98(default +15%)A.R:R -0.6:1
Analyst target$98.00+6.3%4 analysts
$105.98our TP
$92.16price
$98.00mean
$106

Hold if already holding. Not a fresh buy at $92.16, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (0.6% away). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 7.2/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 72d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-09-05
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Nov 17, 202672d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Strong overall score: 7.2/10
Attractive valuation
Risks
Analyst target reached - limited upside remaining
Near 52-week high (0.6% away)
Sector modifier (Industrials): -0.7

Key Metrics

P/E (TTM)6.0
P/E (Fwd)5.3
Mkt Cap$2.6B
EV/EBITDA5.6
Profit Mgn30.3%
ROE13.2%
Rev Growth25.2%
Beta0.99
Dividend0.26%
Rating analysts10

Quality Signals

Piotroski F9/9MoatWideCompounder

Options Flow

P/C1.16bearish
IV34%normal

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
0.4
Bollinger
1.5
52w Position
9.9
GatesA.R:R -0.6=NEGATIVEMomentum 7.6>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 72d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
70 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $77.51Resistance $92.70

Price Targets

$87
$106
A.Upside-9.6%
A.R:R-0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-9.6% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-11-17 (72d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is NMM stock a buy right now?

Hold if already holding. Not a fresh buy at $92.16, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (0.6% away). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $105.98 (+15.0%), stop $86.74 (−6.2%), A.R:R -0.6:1. Score 7.2/10, moderate confidence.

What is the NMM stock price target?

Take-profit target: $105.98 (-9.6% upside). Target $105.98 (+15.0%), stop $86.74 (−6.2%), A.R:R -0.6:1. Stop-loss: $86.74.

What are the risks of investing in NMM?

Analyst target reached - limited upside remaining; Near 52-week high (0.6% away); Sector modifier (Industrials): -0.7.

Is NMM overvalued or undervalued?

Navios Maritime Partners LP trades at a P/E of 6.0 (forward 5.3). TrendMatrix value score: 8.5/10. Verdict: Hold.

What do analysts say about NMM?

10 analysts cover NMM with a consensus score of 4.3/5. Average price target: $98.

What does Navios Maritime Partners LP do?Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels in Asia, Europe, North America, and...

Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, such as crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers. It charters its vessels under short, medium, and longer-term time charters. As of March 5, 2026, the company's fleet consisted of 66 dry bulk vessels, 51 containerships, and 53 tanker vessels. Navios Maritime Partners L.P. was founded in 2007 and is based in Piraeus, Greece.

Related stocks: HAFN (Hafnia Limited) · HSHP (Himalaya Shipping Ltd.) · ASC (Ardmore Shipping Corporation) · SB (Safe Bulkers, Inc) · SBLK (Star Bulk Carriers Corp.)
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