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
The latest update is out from NextNRG ( (NXXT) ).
NextNRG, Inc. entered into a securities purchase agreement on September 8, 2025, with an accredited investor to sell senior secured convertible notes and warrants, which are convertible into common stock. The company conducted three closings, receiving gross proceeds of $2,500,000 each time, reflecting an 18% original issue discount on the notes. The issuance of shares related to these transactions was registered under the company’s shelf registration statement, with the third closing shares registered through a prospectus supplement.
The most recent analyst rating on (NXXT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on NextNRG stock, see the NXXT Stock Forecast page.
Spark’s Take on NXXT Stock
According to Spark, TipRanks’ AI Analyst, NXXT is a Neutral.
NextNRG’s overall stock score is primarily impacted by its poor financial performance, with persistent losses and high leverage posing significant risks. While the earnings call provided some positive outlook with revenue growth and strategic advancements, the technical indicators and valuation remain weak. The stock’s bearish trend and negative valuation metrics further weigh down the score.
To see Spark’s full report on NXXT stock, click here.
More about NextNRG
Average Trading Volume: 1,560,901
Technical Sentiment Signal: Sell
Current Market Cap: $263.7M
Find detailed analytics on NXXT stock on TipRanks’ Stock Analysis page.