TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Next Hydrogen Solutions Inc ( (TSE:NXH) ) just unveiled an update.
Next Hydrogen Solutions Inc. has announced a change in its auditing firm, switching from KPMG LLP to MNP LLP, effective December 1, 2025. The transition did not involve any modified opinions or reportable events, and aligns with the company’s compliance with continuous disclosure obligations. This change is part of the company’s ongoing efforts to maintain transparency and integrity in its financial reporting, which is crucial as it scales its technology for commercial applications in the renewable energy sector.
The most recent analyst rating on (TSE:NXH) stock is a Sell with a C$0.48 price target. To see the full list of analyst forecasts on Next Hydrogen Solutions Inc stock, see the TSE:NXH Stock Forecast page.
Spark’s Take on TSE:NXH Stock
According to Spark, TipRanks’ AI Analyst, TSE:NXH is a Underperform.
Next Hydrogen Solutions Inc is currently facing significant financial difficulties, with declining revenues and persistent losses. The technical analysis indicates a bearish trend, and the valuation metrics are unattractive due to negative earnings. These factors collectively result in a low overall stock score.
To see Spark’s full report on TSE:NXH stock, click here.
More about Next Hydrogen Solutions Inc
Founded in 2007, Next Hydrogen Solutions Inc. is a designer and manufacturer of electrolyzers that generate clean hydrogen using water and electricity. The company focuses on converting renewable electricity into green hydrogen to decarbonize transportation and industrial sectors, supported by a unique cell design architecture and 40 patents.
Average Trading Volume: 9,762
Technical Sentiment Signal: Buy
Current Market Cap: C$13.93M
Find detailed analytics on NXH stock on TipRanks’ Stock Analysis page.