NextPlat (NXPL)
NASDAQ:NXPL
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NextPlat
(NASDAQ:NXPL)
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Rating:42Neutral
Price Target:
$0.69
▲(13.28% Upside)
Action:ReiteratedDate:12/10/25
NextPlat's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and negative profitability. Technical analysis and valuation metrics further highlight challenges, with bearish trends and a negative P/E ratio. While recent corporate events and earnings call insights provide some optimism, significant improvements are needed to enhance the company's financial health and stock attractiveness.
Positive Factors
Operational cost reductions
Sustained ~40% operating expense cuts materially lower cash burn and extend runway, improving the company's ability to reach its stated operational breakeven target in 2026. Structural expense discipline can permanently improve margins and free resources to scale profitable lines if maintained.
Negative Factors
Declining revenue and negative margins
Persistent revenue declines and deeply negative net margins indicate the business is not converting sales into sustainable profits. Over multiple quarters this erodes scale economies, limits reinvestment capacity, and makes the path to durable profitability harder despite cost cuts, posing a long-term operational challenge.
Read all positive and negative factors
Positive Factors
Negative Factors
Operational cost reductions
Sustained ~40% operating expense cuts materially lower cash burn and extend runway, improving the company's ability to reach its stated operational breakeven target in 2026. Structural expense discipline can permanently improve margins and free resources to scale profitable lines if maintained.
Read all positive factors
NextPlat (NXPL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$14.16M
Dividend YieldN/A
Average Volume (3M)307.20K
Price to Earnings (P/E)―
Beta (1Y)1.03
Revenue Growth-14.03%
EPS Growth52.39%
CountryUS
Employees162
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.08
Shares Outstanding26,304,987
10 Day Avg. Volume353,303
30 Day Avg. Volume307,201
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.83
Price to Sales (P/S)0.34
P/FCF Ratio-3.94
Enterprise Value/Market Cap0.16
Enterprise Value/Revenue0.04
Enterprise Value/Gross Profit0.28
Enterprise Value/Ebitda-0.32
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NextPlat Business Overview & Revenue Model
Company Description
NextPlat Corp, together with its subsidiaries, provides mobile satellite services (MSS) solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things (IoT) connectivity services in the United...
How the Company Makes Money
NextPlat generates revenue through multiple streams, primarily from subscription fees for its software platforms, transaction fees from e-commerce activities, and consulting services. The company offers tiered subscription models that provide clie...
NextPlat Earnings Call Summary
Earnings Call Date:Nov 13, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Mar 27, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a mixed performance. Despite significant cost reductions and improvements in pharmacy revenue and operational efficiency, the company faced a decline in overall revenue and gross margins, primarily due to the challenges in the Healthcare segment. However, the noted turnarounds in the 340B business and robust sales in the e-commerce segment present a cautiously optimistic outlook.Positive Updates
Pharmacy Revenue Increase
Pharmacy prescription revenues increased by approximately $400,000 or 5% year-over-year, driven by higher reimbursement rates per prescription.
Negative Updates
Revenue Decline
Total revenue for the quarter was $13,800,000, an 11% decrease from the prior year quarter, primarily due to a decline in Healthcare Operations.
Read all updates
Q3-2025 Updates
Positive
Negative
Pharmacy Revenue Increase
Pharmacy prescription revenues increased by approximately $400,000 or 5% year-over-year, driven by higher reimbursement rates per prescription.
Read all positive updates
Company Guidance
During the NextPlat Corp 2025 Third Quarter Earnings Conference Call, the company provided guidance on several key metrics. The company reported a total revenue of $13.8 million for the third quarter, an 11% decrease from the previous year. Despite this decline, pharmacy prescription revenues in the Healthcare Operations segment increased by approximately $400,000 or 5%, driven by higher reimbursement rates per prescription. However, 340B contract revenue saw a significant drop, decreasing from $2.5 million to $600,000. The e-commerce segment experienced a modest 4% revenue decline, totaling $3.7 million, primarily due to lower hardware sales. The company's gross profit margin fell to 19.9% from 23.2% the previous year. Operational improvements led to a nearly 40% reduction in operating expenses, now at $4.7 million. The company also highlighted significant cost savings, including a $200,000 monthly payroll reduction following a headcount decrease of 50 employees. Looking forward, NextPlat Corp aims to achieve operational breakeven in 2026, emphasizing growth in profitable business lines and continued cost management.NextPlat Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
45
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2024 | Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.15M | 65.48M | 37.76M | 11.71M | 7.74M | 5.69M |
| Gross Profit | 8.35M | 16.23M | 11.31M | 2.49M | 1.86M | 1.23M |
| EBITDA | -7.17M | -20.15M | -19.68M | -6.71M | -6.29M | -1.42M |
| Net Income | -8.33M | -14.03M | -3.78M | -9.16M | -8.11M | -2.76M |
Balance Sheet | ||||||
| Total Assets | 30.01M | 36.48M | 64.47M | 28.64M | 20.57M | 4.67M |
| Cash, Cash Equivalents and Short-Term Investments | 13.93M | 19.96M | 26.31M | 18.89M | 17.27M | 728.76K |
| Total Debt | 1.71M | 2.26M | 3.01M | 1.07M | 365.22K | 746.33K |
| Total Liabilities | 8.47M | 9.68M | 16.38M | 2.87M | 3.03M | 4.10M |
| Stockholders Equity | 21.43M | 26.68M | 32.18M | 25.78M | 17.53M | 565.19K |
Cash Flow | ||||||
| Free Cash Flow | -6.31M | -5.65M | -4.24M | -4.32M | -4.32M | -871.88K |
| Operating Cash Flow | -6.30M | -5.46M | -3.60M | -3.60M | -4.09M | -836.98K |
| Investing Cash Flow | 228.00K | -953.00K | 5.20M | -7.72M | -229.31K | -34.90K |
| Financing Cash Flow | -336.00K | 72.00K | 5.86M | 13.01M | 20.82M | 1.57M |
NextPlat Technical Analysis
Positive
0.61
Price Trends
0.57
Negative
0.62
Negative
0.69
Negative
Market Momentum
-0.02
Negative
52.34
Neutral
58.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NXPL, the sentiment is Positive. The current price of 0.61 is above the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.57, and below the 200-day MA of 0.69, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 52.34 is Neutral, neither overbought nor oversold. The STOCH value of 58.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NXPL.
NextPlat Risk Analysis
NextPlat disclosed 35 risk factors in its most recent earnings report. NextPlat reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
NextPlat Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | $15.26M | -3.51 | ― | ― | ― | ― | |
48 Neutral | $9.50M | -1.21 | -78.31% | ― | -27.47% | 83.06% | |
42 Neutral | $14.16M | -2.46 | -37.97% | ― | -14.03% | 52.39% | |
39 Underperform | $7.15M | -2.28 | -174.91% | ― | ― | ― | |
38 Underperform | $48.67M | -0.54 | -389.42% | ― | 34.50% | 70.55% |
* Technology Sector Average
NXPL
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NextPlat Corporate Events
Business Operations and Strategy
NextPlat Enters Strategic Consulting Agreement with Barreto
Positive
Dec 9, 2025
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 t...
Delistings and Listing ChangesRegulatory Filings and ComplianceStock Split
NextPlat Granted Nasdaq Extension to Regain Compliance
Neutral
Oct 30, 2025
On October 29, 2025, NextPlat Corp announced that it received a 180-day extension from Nasdaq to meet the minimum bid price requirement for its common stock, which had fallen below $1.00 per share for 30 consecutive trading days. The extension all...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.