NextTrip (NTRP) AI Stock Analysis

• Market Cap: $33.21M
• Dividend Yield: N/A
• Average Volume (3M): 65.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.17
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 14
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Services
• EPS (TTM): N/A
• Shares Outstanding: 13,666,807
• 10 Day Avg. Volume: 38,307
• 30 Day Avg. Volume: 65,973
• PEG Ratio: 0.02
• Price to Book (P/B): 2.47
• Price to Sales (P/S): 36.25
• P/FCF Ratio: -3.24
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 8.95
• Enterprise Value/Gross Profit: 47.23
• Enterprise Value/Ebitda: -1.48
• 1Y Price Target: $7.00
• Price Target Upside: 111.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: $4.50 ▲(35.95% Upside)
• Action: Reiterated Date: 10/29/25
• Date: Action: Reiterated 10/29/25

NextTrip's overall stock score of 52 reflects a mixed outlook, driven primarily by weak financial performance with poor profitability and cash flow challenges despite revenue growth. Positive technical momentum provides some uplift, with the stock trading above key moving averages. However, a negative P/E ratio underscores valuation concerns. Investors should remain cautious due to persistent financial weaknesses.

Positive Factors

Innovative Content Expansion

The launch of JOURNY Originals and a new Video-on-Demand platform enhances NextTrip's content offerings, potentially increasing user engagement and attracting advertisers, which can drive long-term revenue growth.

Strategic Platform Development

Travel Magazine 2.0 strengthens NextTrip's ecosystem by integrating content and booking services, potentially increasing user retention and monetization opportunities through personalized travel experiences.

Partnerships and Market Reach

The rebranding of JOURNY and partnerships with hospitality brands expand NextTrip's market reach and enhance its content-to-commerce strategy, which could lead to increased advertising revenue and brand visibility.

Negative Factors

Profitability Challenges

Persistent profitability challenges, as indicated by negative net profit margins, suggest high operational costs relative to revenue, which could hinder sustainable growth and financial stability.

Cash Flow Issues

Negative cash flows indicate that NextTrip is struggling to generate sufficient cash from operations, which could limit its ability to invest in growth initiatives and meet financial obligations.

Low Return on Equity

A negative return on equity reflects ongoing losses and inefficient use of shareholder funds, which could deter potential investors and impact long-term shareholder value.

NextTrip Business Overview & Revenue Model

Company Description

NextTrip, Inc., through its subsidiaries, engages in the provision of travel technology solutions in the United States. The company offers NXT2.0, a booking engine technology platform, which provides travel distributors access to an inventory. It is also involved in the provision of online leisure travel agency services for booking hotels, flights, and curated vacations. The company was formerly known as Sigma Additive Solutions, Inc. and changed its name to NextTrip, Inc. in March 2024. NextTrip, Inc. is based in Sunrise, Florida.

How the Company Makes Money

NextTrip generates revenue through various channels, primarily by taking a commission on bookings made through its platform, including flights, hotels, and vacation packages. The company partners with airlines, hotels, and other service providers to offer competitive rates and exclusive deals to its users. Additionally, NextTrip may earn revenue through advertising partnerships, promoting travel-related products and services to its user base. The company also explores subscription models, providing premium services and features to frequent travelers for a fee, thereby diversifying its revenue streams.

NextTrip Financial Statement Overview

Summary

NextTrip's financial performance is weak, with significant profitability and cash flow challenges. Revenue growth of 27.68% is a positive, but negative margins (net profit margin at -20.18%) and poor return on equity (-137.41%) highlight operational struggles. Low debt (debt-to-equity ratio of 0.08) offers some stability, but overall financial health remains a concern.

Income Statement

NextTrip's income statement reflects significant challenges. The latest annual data shows a revenue growth of 27.68%, which is a positive sign of recovery. However, profitability remains a major concern with an extremely low gross profit margin of 0.66% and a deeply negative net profit margin of -20.18%. Both EBIT and EBITDA margins are also negative at -16.78% and -15.36%, respectively, indicating substantial operating losses. While revenue growth offers some hope, the lack of profitability drags the score down.

Balance Sheet

The balance sheet of NextTrip shows a mixed picture. The debt-to-equity ratio is low at 0.08, suggesting minimal leverage risk, which is a strength. However, the return on equity is alarmingly negative at -137.41%, reflecting poor utilization of shareholder funds. The equity ratio stands at a reasonable 74.11%, indicating a decent asset base funded by equity. Overall, while low debt provides stability, the negative returns highlight underlying operational issues.

Cash Flow

NextTrip's cash flow performance shows some improvement but remains concerning. Free cash flow growth is strong at 68.62% year-over-year, indicating better cash generation. However, operating cash flow remains deeply negative at -$5.08M, and the operating cash flow to net income ratio of -1.98 suggests cash burn exceeds losses. The free cash flow to net income ratio of 1.11 is slightly positive, but overall cash flow health is weak due to persistent negative flows.

Breakdown	TTM	Feb 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.18M	501.42K	458.75K	630.43K	1.65M	807.49K
Gross Profit	413.12K	3.30K	61.22K	-5.37M	-4.36M	-3.11M
EBITDA	-13.16M	-8.82M	-5.14M	-8.57M	-7.28M	-5.08M
Net Income	-15.23M	-10.12M	-7.33M	-8.69M	-7.38M	-5.20M
Balance Sheet
Total Assets	14.42M	9.94M	5.09M	5.70M	13.84M	5.70M
Cash, Cash Equivalents and Short-Term Investments	2.43M	1.06M	323.81K	2.85M	11.45M	3.70M
Total Debt	4.10M	567.53K	828.28K	0.00	0.00	0.00
Total Liabilities	8.15M	2.57M	1.96M	629.20K	981.24K	536.78K
Stockholders Equity	6.28M	7.37M	3.13M	5.07M	12.86M	5.16M
Cash Flow
Free Cash Flow	-4.24M	-5.61M	-6.76M	-8.60M	-6.66M	-5.11M
Operating Cash Flow	-4.40M	-5.08M	-5.73M	-8.21M	-6.30M	-4.81M
Investing Cash Flow	-1.54M	-1.03M	980.93K	-388.96K	-359.75K	-298.36K
Financing Cash Flow	9.12M	6.85M	4.79M	0.00	14.40M	8.72M

NextTrip Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.31
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NTRP, the sentiment is Negative. The current price of 3.31 is above the 20-day moving average (MA) of 2.87, above the 50-day MA of 3.04, and below the 200-day MA of 3.56, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 36.06 is Neutral, neither overbought nor oversold. The STOCH value of 10.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NTRP.

NextTrip Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TOUR	68 Neutral	$80.42M	5.42	3.00%	4.14%	8.98%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
YTRA	58 Neutral	$69.03M	-15.80	6.86%	―	75.67%	―
JXG	58 Neutral	$6.91M	0.38	9.09%	―	21.68%	-66.52%
LIND	54 Neutral	$1.18B	-26.67	13.32%	―	18.50%	7.78%
NTRP	52 Neutral	$33.21M	-2.64	-231.71%	―	―	―
TRIP	50 Neutral	$1.15B	45.50	6.10%	―	3.05%	890.32%

NextTrip Corporate Events

NextTrip Launches JOURNY Apps on Major Platforms

On December 4, 2025, NextTrip, Inc. announced the launch of new apps for its JOURNY brand on Apple iOS, Roku, and Android, expanding its travel content accessibility across major platforms. This development follows JOURNY’s recent Video-on-Demand platform launch and is part of a global rebranding initiative aimed at increasing audience engagement. The company plans to further expand its media network by acquiring the GoUSA TV platform and content library, projecting a reach of 250 million viewers in 2026. This strategic move enhances NextTrip’s media-to-travel flywheel model, ‘Watch. Scan. Book. Go.’, designed to convert viewers into travelers.

The most recent analyst rating on (NTRP) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.

NextTrip Enters Securities Purchase Agreement with Charcoal

On November 21, 2025, NextTrip, Inc., a Nevada corporation, entered into a securities purchase agreement with Charcoal Investments Ltd., issuing 333,334 restricted shares of its Common Stock and Warrants to purchase 166,667 shares for $1,000,000. The Warrants have a three-year term with a $3.00 per share exercise price and can be exercised on a cashless basis. The proceeds will be used for working capital and general corporate purposes. This transaction was exempt from registration under the Securities Act, with the securities classified as ‘restricted securities.’

The most recent analyst rating on (NTRP) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.

NextTrip Approves Key Proposals at Annual Meeting

On November 14, 2025, NextTrip held its Annual Meeting of Stockholders, where several key proposals were voted upon. These included the election of two Class II directors, the ratification of Haynie & Company as the independent registered public accounting firm, and the approval of the issuance of more than 19.99% of outstanding shares upon conversion of various series of nonvoting convertible preferred stock and exercise of warrants. Additionally, the meeting approved the issuance of shares under an equity line of credit with Alumni Capital LP. These decisions are significant for the company’s governance and financial structuring, potentially impacting its market operations and shareholder value.

The most recent analyst rating on (NTRP) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.

NextTrip Completes Acquisition of TA Pipeline LLC

On November 5, 2025, NextTrip announced the completion of its acquisition of TA Pipeline LLC, a group travel platform that enhances its strategy to create a vertically integrated travel ecosystem. This acquisition has led to increased interest from travel management companies and expanded TA Pipeline’s user base beyond leisure markets. Following the acquisition, the company launched a new TA Pipeline website and reported a surge in partnership discussions and agency sign-ups after the Cancún Travel Mart event. This development is expected to accelerate revenue diversification and growth across NextTrip’s B2B and B2C channels, reinforcing its long-term vision.

The most recent analyst rating on (NTRP) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.

NextTrip Reports 446% Revenue Surge in Q2 2025

On October 15, 2025, NextTrip, Inc. announced its second quarter financial results, highlighting a significant 446% increase in revenue from the previous quarter, driven by recent acquisitions and the integration of its media-to-travel ecosystem. The company also reported strategic developments including the acquisition of TA Pipeline, new advertising partnerships, and the expansion of its JOURNY platform, positioning itself as a growing player in the travel media-to-booking market.

The most recent analyst rating on (NTRP) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.

NextTrip Expands JOURNY with Six New Originals

On October 13, 2025, NextTrip announced the launch of six JOURNY Originals, marking a significant expansion of its JOURNY platform into original content creation. This move is part of a broader strategy to enhance JOURNY’s global presence and leverage interactive commerce technology across FAST and VOD platforms. The Originals lineup aims to transform JOURNY from a content curator to a creator, with international distribution potential and partnerships, such as the one with KC Global Media for expansion into Southeast Asia. This initiative is expected to deepen audience engagement, broaden distribution, and drive growth for stakeholders by linking content to NextTrip’s travel booking ecosystem.

The most recent analyst rating on (NTRP) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.