Nextnrg, Inc. (NXXT)
NASDAQ:NXXT
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NextNRG
(NASDAQ:NXXT)
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Rating:47Neutral
Price Target:
$1.00
▼(-35.06% Downside)
Action:ReiteratedDate:01/27/26
The score is held down primarily by weak financial quality (large losses, cash burn, negative equity and rising debt) and bearish technicals (price below key moving averages with negative MACD). These are partly offset by positive operational momentum from the latest earnings call (rapid revenue growth and margin improvement with long-term PPAs) and modestly supportive recent financing events.
Positive Factors
Revenue Growth
Sustained, rapid top-line scaling demonstrates strong commercial traction in core offerings and market demand. Over months this growth can enable operating leverage, capacity investment and strengthen bargaining power with suppliers, underpinning longer-term viability if margins continue improving.
Negative Factors
Weak Balance Sheet / Negative Equity
Negative equity and materially higher debt signal a stressed capital structure that limits financial flexibility. Over months this constraint raises refinancing and covenant risk, increases funding costs, and narrows options for non-dilutive growth capital needed to support expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained, rapid top-line scaling demonstrates strong commercial traction in core offerings and market demand. Over months this growth can enable operating leverage, capacity investment and strengthen bargaining power with suppliers, underpinning longer-term viability if margins continue improving.
Read all positive factors
NextNRG (NXXT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$43.43M
Dividend YieldN/A
Average Volume (3M)1.55M
Price to Earnings (P/E)―
Beta (1Y)1.43
Revenue Growth146.01%
EPS Growth63.18%
CountryUS
Employees163
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)N/A
Shares Outstanding134,406,340
10 Day Avg. Volume1,014,095
30 Day Avg. Volume1,548,084
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)5.16
Price to Sales (P/S)0.40
P/FCF Ratio-1.13
Enterprise Value/Market Cap1.75
Enterprise Value/Revenue1.16
Enterprise Value/Gross Profit15.84
Enterprise Value/Ebitda-1.55
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.18
Revenue Forecast (FY)$101.90M
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 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 provid...
NextNRG Earnings Call Summary
Earnings Call Date:Nov 17, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant revenue growth and margin expansion, driven by strategic market and fleet expansion and the signing of long-term PPAs. These positive developments were contrasted by ongoing operating losses and cash flow challenges. However, the overall trajectory appears positive, with a strong project pipeline and strategic partnerships in place.Positive Updates
Record Revenue Growth
Q3 2025 revenue reached $22.9 million, marking a 232% year-over-year increase from $6.9 million in Q3 2024 and a significant rise from $19.7 million in Q2 2025.
Negative Updates
Operating Loss
The company reported a loss from operations of $9 million, including a $5.6 million non-cash stock-based compensation charge. Excluding this, the operating loss was $3.4 million, down from $5.2 million in Q2.
Read all updates
Q3-2025 Updates
Positive
Negative
Record Revenue Growth
Q3 2025 revenue reached $22.9 million, marking a 232% year-over-year increase from $6.9 million in Q3 2024 and a significant rise from $19.7 million in Q2 2025.
Read all positive updates
Company Guidance
During the NextNRG third quarter 2025 earnings call, the company reported significant growth and expansion. Revenue reached $22.9 million, up 232% year-over-year from $6.9 million in Q3 2024, marking almost a full year's revenue in just one quarter. Gross profit margins improved from 8% in Q2 to 11% in Q3, attributed to optimizing routes, enhancing driver efficiency, and unlocking volume-based supplier discounts. The company also reduced its operating loss from $5.2 million in Q2 to $3.4 million, excluding non-cash stock-based compensation charges. The call highlighted strategic advancements, including entering 10 new markets and adding 99 trucks to their fleet, driving strong results across mobile fueling and energy infrastructure initiatives. Additionally, NextNRG signed two power purchase agreements, providing 28 years of contractual profitable revenue, and emphasized its focus on high-demand sectors like healthcare and commercial facilities, with an active pipeline of over a dozen projects. The company aims to position itself at the forefront of energy solutions by expanding its integrated energy ecosystem and advancing its bidirectional wireless charging technology.NextNRG Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
16
Very Negative
| Breakdown | TTM | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 65.61M | 27.77M | 23.22M | 15.04M | 7.23M | 3.59M |
| Gross Profit | 4.80M | 2.30M | 1.37M | -173.51K | 206.68K | 42.17K |
| EBITDA | -48.92M | -6.86M | -7.39M | -15.63M | -7.73M | -6.48M |
| Net Income | -53.22M | -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 | 10.48M | 6.71M | 3.56M | 476.31K | 1.55M |
| Total Liabilities | 36.92M | 364.00K | 7.62M | 4.81M | 1.12M | 4.29M |
| Stockholders Equity | -16.34M | 2.16M | -1.91M | 5.79M | 21.81M | -1.48M |
Cash Flow | ||||||
| Free Cash Flow | -20.70M | -9.84M | -6.64M | -14.86M | -8.32M | -1.63M |
| Operating Cash Flow | -17.48M | -4.59M | -6.64M | -11.60M | -6.31M | -1.61M |
| Investing Cash Flow | 4.19M | -5.93M | 2.17M | -2.43M | -5.39M | -24.07K |
| Financing Cash Flow | 13.00M | 10.72M | 2.63M | 2.53M | 24.37M | 2.48M |
NextNRG Technical Analysis
Negative
1.54
Price Trends
0.60
Negative
0.96
Negative
1.42
Negative
Market Momentum
-0.07
Negative
19.79
Positive
6.88
Positive
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 1.54 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.60, and above the 200-day MA of 1.42, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 19.79 is Positive, neither overbought nor oversold. The STOCH value of 6.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NXXT.
NextNRG Risk Analysis
NextNRG disclosed 34 risk factors in its most recent earnings report. NextNRG 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 3 New Risks
1.
The Share Exchange, if it is completed, will result in significant dilution to the Company's stockholders. Q4, 2023
2.
If the conditions to completion of the Share Exchange are not met, the Share Exchange may not occur. Q4, 2023
3.
Neither the Company's board of directors nor any committee thereof obtained a fairness opinion (or any similar report or appraisal) in determining whether or not to pursue the acquisition of Next Charging, which is owned by the Company's largest shareholder. Consequently, shareholders have no assurance from an independent source that the price the Company is paying for Next Charging is fair to the Company - and, by extension, its securityholders - from a financial point of view. Q4, 2023
NextNRG Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
55 Neutral | $1.78B | -231.49 | 10.05% | ― | 42.09% | 219.69% | |
54 Neutral | $563.90M | -9.34 | -117.28% | ― | -35.99% | -46.51% | |
48 Neutral | $35.04M | -10.17 | -54.97% | ― | -40.99% | -46.52% | |
48 Neutral | $68.61M | -2.60 | -16.59% | ― | ― | 23.66% | |
47 Neutral | $43.43M | -4.03 | -602.83% | ― | 146.01% | 63.18% | |
39 Underperform | $8.90M | ― | -177.63% | ― | ― | ― |
* Utilities Sector Average
NXXT
NextNRG
0.32
-2.87
-89.87%
HTOO
Fusion Fuel Green
2.95
-5.41
-64.71%
RNW
ReNew Energy Global
4.90
-1.16
-19.14%
NRGV
Energy Vault Holdings
3.26
2.59
385.84%
WAVE
Eco Wave Power Global
6.00
0.39
7.05%
VGAS
Verde Clean Fuels
1.54
-2.11
-57.81%
NextNRG Corporate Events
Private Placements and Financing
NextNRG Raises New Equity Through Stock Purchase Agreement
Positive
Jan 26, 2026
On January 20, 2026, NextNRG, Inc. entered into a Stock Purchase Agreement with an investor under which it agreed to issue 462,962 shares of common stock for a total of $500,000, implying a price of $1.08 per share. The transaction, governed by cu...
Business Operations and StrategyPrivate Placements and Financing
NextNRG Ends ATM Program to Pursue Strategic Investors
Positive
Jan 23, 2026
On January 23, 2026, Miami-based NextNRG, Inc. announced that it had terminated its At the Market Sales Agreement with ThinkEquity, H.C. Wainwright and Roth Capital Partners, effective January 17, 2026, ending a program that had originally allowed...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
NextNRG Shareholders Approve Reincorporation and Board Slate
Positive
Jan 5, 2026
At its annual meeting of stockholders held on December 29, 2025, NextNRG, Inc. saw shareholders elect five directors—Michael D. Farkas, Daniel Arbour, Bennett Kurtz, Jack Leibler, and Sean Oppen—to serve on the board until the next ann...
Private Placements and Financing
NextNRG Enters Stock Purchase Agreement with CEO
Neutral
Nov 28, 2025
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 M...
Business Operations and Strategy
NextNRG Secures Long-term Power Purchase Agreements
Positive
Nov 20, 2025
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 agr...
Private Placements and Financing
NextNRG Finalizes Securities Purchase Agreement
Neutral
Nov 18, 2025
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, rece...
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.