NextNRG (NXXT) AI Stock Analysis

• Market Cap: $197.58M
• Dividend Yield: N/A
• Average Volume (3M): 2.31M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: 146.01%
• EPS Growth: 63.18%
• Country: US
• Employees: 163
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.12
• Shares Outstanding: 134,406,340
• 10 Day Avg. Volume: 2,645,671
• 30 Day Avg. Volume: 2,310,447
• PEG Ratio: 0.02
• Price to Book (P/B): 10.23
• Price to Sales (P/S): 0.79
• P/FCF Ratio: -2.24
• Enterprise Value/Market Cap: 1.29
• Enterprise Value/Revenue: 3.88
• Enterprise Value/Gross Profit: 48.80
• Enterprise Value/Ebitda: -5.22
• 1Y Price Target: $5.00
• Price Target Upside: 224.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.49
• Revenue Forecast (FY): $78.97M

• Rating: 47 Neutral
• Price Target: $1.50 ▼(-2.60% Downside)

NextNRG's overall stock score is primarily impacted by its poor financial performance, characterized by persistent losses and high leverage. While the earnings call provided positive insights into revenue growth and strategic initiatives, these are overshadowed by the company's financial instability. The technical analysis and valuation further reflect challenges, with bearish momentum and unattractive valuation metrics.

Positive Factors

Revenue Growth

The significant year-over-year revenue growth indicates strong market demand and successful expansion efforts, enhancing long-term business prospects.

Long-term Power Purchase Agreements

These agreements provide stable, long-term revenue streams, reducing financial uncertainty and supporting sustainable growth.

Market and Fleet Expansion

Expanding market presence and fleet size enhances operational capacity and competitive positioning, fostering long-term growth.

Negative Factors

High Leverage

High leverage increases financial risk and limits flexibility, potentially hindering future investments and growth opportunities.

Negative Cash Flow

Negative cash flow reflects operational inefficiencies and reliance on external financing, posing risks to financial sustainability.

Persistent Operating Losses

Ongoing losses highlight operational challenges and may impede the company's ability to achieve profitability in the long term.

NextNRG Business Overview & Revenue Model

Company Description

NextNRG (NXXT) is a leading provider in the renewable energy sector, specializing in innovative energy solutions that harness the power of solar, wind, and other sustainable resources. The company focuses on developing and deploying advanced technologies for energy generation, storage, and management, aiming to facilitate the transition to a more sustainable energy future. With a portfolio that includes solar panels, wind turbines, and energy management software, NextNRG caters to both residential and commercial clients, providing tailored solutions that enhance energy efficiency and reduce carbon footprints.

How the Company Makes Money

NextNRG generates revenue through multiple streams, primarily from the sale and installation of renewable energy systems such as solar panels and wind turbines. Additionally, the company offers energy management software and services, which provide clients with tools to optimize energy usage and monitor performance. Revenue is also supplemented through long-term service contracts for maintenance and support of installed systems. Strategic partnerships with governmental bodies and private corporations enhance NextNRG's market reach and provide opportunities for joint ventures in renewable energy projects, which contribute significantly to its earnings.

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	65.62M	27.77M	23.22M	15.04M	7.23M	3.59M
Gross Profit	5.22M	2.30M	1.37M	-1.94M	206.68K	42.17K
EBITDA	-48.79M	-6.54M	-7.39M	-15.63M	-7.90M	-6.48M
Net Income	-61.86M	-16.19M	-10.47M	-17.51M	-9.38M	-7.25M
Balance Sheet
Total Assets	19.65M	12.18M	5.72M	10.60M	22.92M	2.81M
Cash, Cash Equivalents and Short-Term Investments	653.87K	438.30K	226.99K	4.19M	16.92M	882.87K
Total Debt	27.00M	8.21M	6.71M	3.56M	476.31K	1.55M
Total Liabilities	36.92M	10.02M	7.62M	4.81M	1.06M	4.29M
Stockholders Equity	-16.34M	2.16M	-1.91M	5.79M	21.87M	-1.48M
Cash Flow
Free Cash Flow	-20.46M	-9.84M	-6.64M	-14.86M	-8.30M	-1.63M
Operating Cash Flow	-15.24M	-4.59M	-6.64M	-11.60M	-6.31M	-1.61M
Investing Cash Flow	-2.34M	-5.93M	2.17M	-2.43M	-5.39M	-24.07K
Financing Cash Flow	16.23M	10.72M	2.63M	2.53M	24.37M	2.48M

NextNRG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.54
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NXXT, the sentiment is Positive. The current price of 1.54 is above the 20-day moving average (MA) of 1.38, below the 50-day MA of 1.65, and below the 200-day MA of 2.23, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 55.26 is Neutral, neither overbought nor oversold. The STOCH value of 38.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NXXT.

NextNRG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRGV	67 Neutral	$771.83M	-5.35	-111.44%	―	-35.99%	-46.51%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
RNW	61 Neutral	$1.99B	18.96	7.64%	―	42.09%	219.69%
WAVE	50 Neutral	$35.23M	-9.92	-54.43%	―	-40.99%	-46.52%
NXXT	47 Neutral	$197.58M	-0.67	―	―	146.01%	63.18%
HTOO	39 Underperform	$7.30M	-0.28	-125.98%	―	―	―
VGAS	37 Underperform	$105.58M	-6.40	-21.33%	―	―	23.66%

NextNRG Corporate Events

NextNRG Enters Stock Purchase Agreement with CEO

On November 24, 2025, NextNRG, Inc. entered into a Stock Purchase Agreement with its CEO, Michael D. Farkas, issuing 1,000,000 restricted shares at $1.04 per share. This transaction was in exchange for settling $1,040,000 of indebtedness owed to Mr. Farkas from interest accrued on promissory notes issued between June 2023 and February 2025, although the principal remains outstanding.

NextNRG Secures Long-term Power Purchase Agreements

On November 17, 2025, NextNRG, Inc announced that its subsidiaries, NextNRG Sunnyside Microgrid LLC and NextNRG Topanga Microgrid LLC, entered into Power Purchase Agreements with Sunnyside and Topanga Nursing and Post-Acute Care Centers. These agreements involve the installation and operation of solar and battery energy systems at the facilities, with the centers agreeing to purchase the generated electricity. The contracts, which include terms for environmental incentives and early termination payments, are set for an initial term of 28 years, with potential extensions. The anticipated commercial operation dates for both projects are in late 2026, marking a significant step in NextNRG’s expansion in the renewable energy sector.

NextNRG Finalizes Securities Purchase Agreement

NextNRG, Inc. entered into a securities purchase agreement on September 8, 2025, with an accredited investor to sell senior secured convertible notes and warrants, which are convertible into common stock. The company conducted three closings, receiving gross proceeds of $2,500,000 each time, reflecting an 18% original issue discount on the notes. The issuance of shares related to these transactions was registered under the company’s shelf registration statement, with the third closing shares registered through a prospectus supplement.

NextNRG Registers Shares Issued in October 2025

NextNRG announced that its financial instruments, including Notes, Warrants, Due Diligence Notes, and Due Diligence Warrants, have not been registered under the Securities Act of 1933 but were offered under an exemption. However, shares of Common Stock issuable upon conversion of these instruments, issued at the Initial Closing or on October 3 and October 22, 2025, were registered pursuant to a Prospectus Supplement.

NextNRG Registers Shares Issuable Upon Conversion

NextNRG has announced that its financial instruments, including Notes, Warrants, and shares of Common Stock, have not been registered under the Securities Act of 1933 but were offered under an exemption provided by Section 4(a)(2) and Rule 506(b). However, shares issuable upon conversion of these instruments were registered via a Prospectus Supplement, indicating a strategic move to comply with regulatory requirements while leveraging exemptions for financial maneuvering.

NextNRG Enters Stock Purchase Agreement with CEO

On September 18, 2025, NextNRG, Inc. entered into a Stock Purchase Agreement with its CEO and Executive Chairman, Michael D. Farkas. The agreement involved issuing 1,000,000 restricted shares of common stock to Farkas at $1.67 per share, which was paid by canceling $1,670,000 of the company’s debt owed to him. This private transaction did not require shareholder approval as the purchase price matched the closing bid price of the stock on the issuance date.