NextNRG (NXXT) AI Stock Analysis

• Market Cap: $356.16M
• Dividend Yield: N/A
• Average Volume (3M): 46.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.05
• Revenue Growth: 19.63%
• EPS Growth: 25.63%
• Country: US
• Employees: 163
• Sector: Technology
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -5.15
• Shares Outstanding: 111,998,640
• 10 Day Avg. Volume: 40,837
• 30 Day Avg. Volume: 46,276
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.08
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 12.22
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

NextNRG's overall stock score is low, primarily due to severe financial challenges reflected in poor financial statements. While recent corporate events and technical analysis show potential improvements, valuation remains a concern with ongoing losses. The company's financial instability poses significant risks, overshadowing positive market developments.

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 faces significant financial difficulties across major financial statements. Persistent losses on the income statement, high leverage and negative equity on the balance sheet, and negative cash flow generation reflect 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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
27.77M	23.22M	15.04M	7.23M	3.59M
	Gross Profit
2.30M	1.37M	-173.51K	206.68K	42.17K
	EBIT
-7.28M	-8.82M	-17.49M	-8.77M	-6.93M
	EBITDA
-6.54M	-7.72M	-15.72M	-7.90M	-6.48M
	Net Income Common Stockholders
-16.19M	-10.47M	-17.51M	-9.38M	-7.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
438.30K	226.99K	4.19M	16.92M	882.87K
	Total Assets
12.18M	5.72M	10.60M	22.92M	2.81M
	Total Debt
8.21M	6.71M	3.56M	476.31K	1.55M
	Net Debt
7.77M	6.48M	1.49M	-13.08M	667.22K
	Total Liabilities
10.02M	7.62M	4.81M	1.06M	4.29M
	Stockholders Equity
2.16T	-1.91M	5.79M	21.87M	-1.48M
Cash Flow		Free Cash Flow
-9.84M	-6.64M	-14.86M	-8.30M	-1.63M
	Operating Cash Flow
-4.59M	-6.64M	-11.60M	-6.31M	-1.61M
	Investing Cash Flow
-5.93M	2.17M	-2.43M	-5.39M	-24.07K
	Financing Cash Flow
10.72M	2.63M	2.53M	24.37M	2.48M

NextNRG Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.18
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• 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 Neutral. The current price of 3.18 is below the 20-day moving average (MA) of 3.26, above the 50-day MA of 2.97, and above the 200-day MA of 3.15, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 50.06 is Neutral, neither overbought nor oversold. The STOCH value of 42.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NXXT.

NextNRG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMPS	73 Outperform	$800.50M	23.35	0.29%	―	26.49%	―
RNW	65 Neutral	$2.30B	91.76	2.00%	―	-1.77%	-41.65%
Sector *	60 Neutral	$10.96B	10.28	-6.73%	2.97%	7.74%	-12.45%
FLNC	58 Neutral	$760.69M	236.42	-5.96%	―	6.08%	52.48%
NRGV	45 Neutral	$106.37M	―	-77.55%	―	-86.47%	-33.37%
NXXT	38 Underperform	$356.16M	―	-9999.00%	―	19.63%	25.63%
VGAS	37 Underperform	$145.23M	―	-31.24%	―	―	-29.15%

NextNRG Corporate Events

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.

Spark’s Take on NXXT Stock

According to Spark, TipRanks’ AI Analyst, NXXT is a Underperform.

NextNRG’s overall stock score is low, primarily due to severe financial challenges reflected in poor financial statements. While recent corporate events and technical analysis show potential improvements, valuation remains a concern with ongoing losses. The company’s financial instability poses significant risks, overshadowing positive market developments.

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

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.

Spark’s Take on NXXT Stock

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

NextNRG’s overall stock score reflects significant financial challenges, including operational losses and high leverage. However, recent corporate events and technical indicators suggest potential for improvement. Valuation remains a concern, with the negative P/E ratio indicating ongoing losses.

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

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.