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NextPlat Enters Strategic Consulting Agreement with Barreto

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NextPlat Enters Strategic Consulting Agreement with Barreto

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NextPlat ( (NXPL) ) has shared an announcement.

On December 5, 2025, NextPlat Corp entered into a consulting agreement with Barreto Group, owned by Rodney Barreto, to provide business development and strategic consulting services. The agreement, effective from December 1, 2025, has an initial term of three years with automatic renewals and includes an annual consulting fee of $52,000. This move is expected to enhance NextPlat’s operational capabilities and strategic positioning in the market.

The most recent analyst rating on (NXPL) stock is a Hold with a $0.62 price target. To see the full list of analyst forecasts on NextPlat stock, see the NXPL Stock Forecast page.

Spark’s Take on NXPL Stock

According to Spark, TipRanks’ AI Analyst, NXPL is a Neutral.

NextPlat’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, persistent losses, and cash flow challenges. Technical analysis and valuation also reflect a bearish outlook. However, recent corporate events and strategic changes provide some hope for future improvement, as highlighted in the earnings call.

To see Spark’s full report on NXPL stock, click here.

More about NextPlat

NextPlat Corp operates in the business development and strategic consulting industry, focusing on services such as new contract acquisitions, mergers, acquisitions, and licensing agreements.

Average Trading Volume: 558,566

Technical Sentiment Signal: Strong Sell

Current Market Cap: $17.02M

Find detailed analytics on NXPL stock on TipRanks’ Stock Analysis page.

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