Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
NexGel Inc ( (NXGL) ) has shared an announcement.
NexGel, Inc. held its 2025 Annual Meeting of Stockholders on June 17, 2025, where stockholders approved several key proposals. The Fourth Amendment to the 2019 Long-Term Incentive Plan was approved, increasing the authorized common stock by 780,000 shares. Additionally, five directors were elected, executive compensation was approved, and the appointment of Turner, Stone & Company, LLP as the independent registered public accounting firm for 2025 was ratified.
The most recent analyst rating on (NXGL) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on NexGel Inc stock, see the NXGL Stock Forecast page.
Spark’s Take on NXGL Stock
According to Spark, TipRanks’ AI Analyst, NXGL is a Neutral.
NexGel Inc’s overall stock score reflects strong revenue growth and strategic partnerships as significant strengths, tempered by ongoing financial challenges such as persistent net losses and negative cash flows. The technical analysis indicates a generally bearish trend, and valuation concerns persist due to the negative P/E ratio and lack of dividends.
To see Spark’s full report on NXGL stock, click here.
More about NexGel Inc
Average Trading Volume: 39,564
Technical Sentiment Signal: Sell
Current Market Cap: $24.68M
Learn more about NXGL stock on TipRanks’ Stock Analysis page.