NextNRG (NXXT) AI Stock Analysis

• Market Cap: $351.93M
• Dividend Yield: N/A
• Average Volume (3M): 49.11K
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: 52.34%
• EPS Growth: 10.37%
• Country: US
• Employees: 163
• Sector: Technology
• Sector Strength: 83
• Industry: Renewable Utilities
• EPS (TTM): -1.60
• Shares Outstanding: 118,496,580
• 10 Day Avg. Volume: 51,765
• 30 Day Avg. Volume: 49,114
• PEG Ratio: -0.11
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -21.45
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 8.61
• Enterprise Value/Gross Profit: -27.87
• Enterprise Value/Ebitda: -14.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: $3.00 ▲(1.01%Upside)

NextNRG's overall stock score is primarily influenced by its weak financial performance and unfavorable valuation metrics. Despite promising corporate events indicating robust revenue growth and strategic expansion, the financial instability poses a significant risk. The technical analysis suggests a neutral outlook, balancing some of the financial challenges.

NextNRG Business Overview & Revenue Model

Company Description

NextNRG Inc. operates as a mobile fueling company primarily in Florida. It offers on-demand fueling services to consumer, fleet, marine, and other specialty markets. The company was incorporated in 2019 and is based in Miami, Florida.

How the Company Makes Money

NextNRG generates revenue primarily through the sale and installation of renewable energy systems such as solar panels and wind turbines. Additionally, the company earns income from energy storage solutions, which include batteries and other technologies that support grid stability and energy efficiency. NextNRG also engages in long-term power purchase agreements with businesses and governments, providing them with clean energy at competitive rates. Strategic partnerships with utility companies and tech firms further enhance NextNRG's revenue streams, allowing for the development of advanced smart grid solutions and expansion into new markets.

NextNRG Financial Statement Overview

Summary

NextNRG is facing significant financial difficulties across all major financial statements. The income statement shows persistent losses, the balance sheet highlights high leverage and negative equity, and cash flow statements reveal negative cash generation. These factors collectively indicate a high-risk financial position.

Income Statement

NextNRG's income statement shows significant financial challenges. The company has persistently negative net income and EBIT, indicating ongoing operational losses. The gross profit margin is negative due to higher costs than revenues, and there is no revenue growth, further exacerbating financial instability. These factors contribute to a very low score.

Balance Sheet

NextNRG's balance sheet reveals financial weakness, particularly with a high debt-to-equity ratio due to substantial liabilities and negative equity in recent years. The equity ratio is concerning, indicating a dependence on debt financing. These factors suggest financial risk, leading to a low score.

Cash Flow

The cash flow statement indicates negative free cash flow and operating cash flow, reflecting cash burn and operational inefficiencies. The inability to generate positive cash flows and sustain operations without external financing is a significant concern, resulting in a low score.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
-6.60M	27.77M	23.22M	15.04M	7.23M	3.59M
	Gross Profit
-14.18M	1.22M	1.37M	-173.51K	206.68K	42.17K
	EBIT
-11.72M	-7.28M	-8.82M	-17.49M	-8.77M	-6.93M
	EBITDA
-10.03M	-6.54M	-7.72M	-15.72M	-7.90M	-6.48M
	Net Income Common Stockholders
-14.29M	-16.19M	-10.47M	-17.51M	-9.38M	-7.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.48M	438.30K	226.99K	4.19M	16.92M	882.87K
	Total Assets
7.77M	12.18M	5.72M	10.60M	22.92M	2.81M
	Total Debt
3.29M	8.21M	6.71M	3.56M	476.31K	1.55M
	Net Debt
2.78M	7.77M	6.48M	1.49M	-13.08M	667.22K
	Total Liabilities
4.11M	10.02M	7.62M	4.81M	1.06M	4.29M
	Stockholders Equity
3.66M	2.16T	-1.91M	5.79M	21.87M	-1.48M
Cash Flow		Free Cash Flow
-16.74M	-9.84M	-6.64M	-14.86M	-8.30M	-1.63M
	Operating Cash Flow
-9.22M	-4.59M	-6.64M	-11.60M	-6.31M	-1.61M
	Investing Cash Flow
-5.93T	-5.93M	2.17M	-2.43M	-5.39M	-24.07K
	Financing Cash Flow
10.72T	10.72M	2.63M	2.53M	24.37M	2.48M

NextNRG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.97
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NXXT, the sentiment is Negative. The current price of 2.97 is below the 20-day moving average (MA) of 3.07, below the 50-day MA of 3.10, and below the 200-day MA of 3.13, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 47.20 is Neutral, neither overbought nor oversold. The STOCH value of 74.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NXXT.

NextNRG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RNW	65 Neutral	$2.52B	97.83	2.00%	―	-1.77%	-41.65%
Sector *	62 Neutral	$11.75B	10.58	-7.10%	2.91%	7.47%	-7.95%
NRGV	56 Neutral	$142.73M	―	-82.96%	―	-86.10%	-49.68%
FLNC	56 Neutral	$883.76M	236.42	-5.96%	―	6.08%	52.48%
NXXT	44 Neutral	$351.93M	―	-9999.00%	―	52.34%	10.37%
VGAS	37 Underperform	$154.14M	―	-17.03%	―	―	-29.15%

NextNRG Corporate Events

NextNRG Amends Note with Alcourt LLC for Shares

On May 19 and 20, 2025, NextNRG, Inc. entered into promissory notes with its CEO, Michael D. Farkas, totaling $420,000 to support its working capital needs. Each note carries a 12% interest rate and matures by May 2026 or upon a $4 million capital raise. Additionally, on May 21, 2025, NextNRG amended a previous note with Alcourt LLC, extending its maturity to May 31, 2025, in exchange for 26,000 shares and a $150,000 fee, reflecting strategic financial maneuvers to manage its obligations.

NextNRG Reports 154% Revenue Surge in April 2025

On May 15, 2025, NextNRG, Inc. announced its preliminary unaudited financial results for April 2025, reporting a 154% year-over-year increase in revenue to $5.82 million and a 207% rise in gallons delivered. This growth is attributed to sustained volume increases, expansion into Oklahoma, and rising demand from national fleet clients. The company’s strong performance underscores the effectiveness of its business model and execution strategy, as it continues to expand its fleet and integrate sustainable energy solutions, positioning itself as a leader in the on-demand fueling industry.

NextNRG Secures Promissory Notes for Operational Funding

On May 5 and May 9, 2025, NextNRG, Inc. entered into promissory notes with its CEO, Michael D. Farkas, for sums of $600,000 and $112,000, respectively, to support the company’s working capital needs. Both notes carry a 12% annual interest rate and mature by May 2026 or upon the company raising $4 million in capital. These financial arrangements highlight the company’s efforts to bolster its operational funding.

NextNRG Expands Mobile Fueling Operations to Oklahoma

On April 30, 2025, NextNRG announced the expansion of its mobile fueling operations into Oklahoma, marking a significant step in its national growth strategy. This expansion begins with servicing one of the nation’s largest in-house fleet operators under a long-term agreement and aims to capitalize on Oklahoma’s burgeoning infrastructure and logistics sectors, which align well with NextNRG’s customer profile. The move is expected to bolster NextNRG’s recurring revenue strategy and strengthen its position in the on-demand fueling industry, while supporting broader growth across the state and integration of sustainable energy solutions.

NextNRG Reports Record Revenue Growth in February 2025

On March 24 and 25, 2025, NextNRG, Inc. entered into agreements with Redstone Advance Inc. and Funderzgroup LLC DBA Mr. Advance, respectively, to sell future sales proceeds in exchange for immediate payments, with CEO Michael D. Farkas personally guaranteeing these obligations. Additionally, a Fee Agreement was made with Mr. Farkas for his personal guarantees. On March 28, 2025, NextNRG announced a record revenue increase of 139% year-over-year for February 2025, with its EzFill mobile fueling division achieving significant growth despite fewer operational days. This performance underscores the company’s strategic expansion and integration of sustainable energy solutions, solidifying its position in the industry.

NextNRG Reports Record Revenue Growth in EzFill Division

On March 5, 2025, NextNRG, Inc. announced record unaudited revenue growth for January 2025 in its EzFill division, with a 136% increase year-over-year and 120% month-over-month. The company attributes this success to its strategic acquisition of Shell Oil’s truck fleet, which doubled its operational capacity, and the initiation of a significant fuel delivery agreement with a leading e-commerce company. This growth highlights NextNRG’s strong market positioning and its ongoing expansion in the on-demand fueling industry.