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NextNRG
(NASDAQ:NXXT)
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Rating:43Neutral
Price Target:
$0.31
▼(-3.44% Downside)
Action:Reiterated
Date:07/18/26
The score is held down primarily by weak financial performance—large losses, persistent cash burn, and a leveraged/fragile balance sheet—along with bearish technicals (price below major moving averages and negative MACD). Offsetting factors are improving operating metrics discussed on the earnings call and supportive corporate actions (capital raise and debt-to-equity conversion), but liquidity and financing/dilution risk remain significant.
Positive Factors
Revenue Growth
NextNRG has consistent top-line momentum (multi-quarter growth and TTM revenue expansion), driven by mobile fueling expansion and higher volumes. Durable revenue growth supports scale, market penetration, and the potential to absorb fixed costs, aiding sustainable operating leverage over time.
Negative Factors
Persistent Cash Burn
Operating cash flow is consistently negative and free cash flow remains deeply negative, indicating the business consumes cash to grow. Persistent cash burn necessitates external financing, raising dilution and refinancing risk and constraining the company's ability to fund infrastructure investments from internal cash over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
NextNRG has consistent top-line momentum (multi-quarter growth and TTM revenue expansion), driven by mobile fueling expansion and higher volumes. Durable revenue growth supports scale, market penetration, and the potential to absorb fixed costs, aiding sustainable operating leverage over time.
Read all positive factors
NextNRG (NXXT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$42.77M
Dividend YieldN/A
Average Volume (3M)6.81M
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue Growth131.30%
EPS Growth87.66%
CountryUS
Employees177
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)-0.68
Shares Outstanding157,752,760
10 Day Avg. Volume13,804,106
30 Day Avg. Volume6,811,348
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-9.00
Price to Sales (P/S)2.16
P/FCF Ratio-12.37
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$3.00Price Target Upside837.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.26
Revenue Forecast (FY)$105.24M
NextNRG Business Overview & Revenue Model
Company Description
NextNRG Inc. provides mobile fuel delivery solutions, primarily serving customers across Florida. This company supplies on-demand fuel to various client segments, including individual consumers, commercial fleets, maritime vessels, and other niche...
How the Company Makes Money
null...
NextNRG Earnings Call Summary
Earnings Call Date:May 15, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 13, 2026
Earnings Call Sentiment Neutral
The call presented a mix of meaningful operational and margin improvements — including 29% revenue growth, gross profit more than tripling, gross margin expansion to 8.1%, a ~$2.2M improvement in adjusted EBITDA, and an ~80% reduction in interest expense — alongside significant near-term challenges such as a large operating and net loss driven partly by one-time noncash stock compensation, a critically low cash balance (~$208k), continued negative adjusted EBITDA, and exposure to fuel price volatility. Management emphasized disciplined, sustainable operational gains and a large ($0.75B) infrastructure pipeline, but also acknowledged the need for external financing and the longer-cycle nature of infrastructure conversions. Overall, positive operational momentum is balanced by material liquidity and profitability risks.Positive Updates
Revenue Growth
Revenue of approximately $21.1 million in Q1 2026, up 29% year-over-year from $16.3 million in Q1 2025, driven primarily by expansion of mobile fueling operations and higher fuel volumes in existing markets.
Negative Updates
Increase in Reported Operating Loss
Loss from operations was approximately $10.1 million in Q1 2026 versus $5.8 million in Q1 2025. The increase was primarily attributed to approximately $7.9 million of noncash stock-based compensation issued for services during the quarter.
Read all updates
Q1-2026 Updates
Positive
Negative
Revenue Growth
Revenue of approximately $21.1 million in Q1 2026, up 29% year-over-year from $16.3 million in Q1 2025, driven primarily by expansion of mobile fueling operations and higher fuel volumes in existing markets.
Read all positive updates
Company Guidance
Management offered operational (not numeric) guidance centered on disciplined growth, margin improvement and converting its longer‑cycle microgrid pipeline into structured contracts while evaluating financing to support working capital. They cited Q1 metrics to support that view: revenue ~$21.1M (+29% YoY from $16.3M), gross profit ~$1.7M (more than triple vs $0.518M) and gross margin 8.1% (vs 3.2%), adjusted EBITDA ≈ -$1.2M (vs -$3.4M, ~+$2.2M improvement), loss from operations ≈ $10.1M (including ~$7.9M noncash stock‑based comp), net loss ≈ $10.8M (vs $8.9M), interest expense ≈ $681k (vs ~$3.3M, ~80% reduction), cash ≈ $208k, total assets ≈ $12.3M (vs $11.1M), accounts receivable ≈ $2.9M, and a microgrid pipeline of roughly $0.75B.NextNRG Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
24
Negative
Cash Flow
14
Very Negative
| Breakdown | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 81.84M | 27.77M | 23.22M | 15.04M | 7.23M |
| Gross Profit | 6.91M | 2.30M | 1.37M | -1.94M | 206.68K |
| EBITDA | -68.22M | -6.54M | -7.39M | -15.64M | -7.73M |
| Net Income | -85.74M | -16.19M | -10.47M | -17.51M | -9.38M |
Balance Sheet | |||||
| Total Assets | 11.06M | 12.18M | 5.72M | 10.60M | 22.92M |
| Cash, Cash Equivalents and Short-Term Investments | 384.14K | 438.30K | 226.99K | 4.19M | 16.92M |
| Total Debt | 26.48M | 8.21M | 6.71M | 3.56M | 476.31K |
| Total Liabilities | 33.18M | 10.02M | 7.62M | 4.81M | 1.06M |
| Stockholders Equity | -19.68M | 2.16M | -1.91M | 5.79M | 21.81M |
Cash Flow | |||||
| Free Cash Flow | -14.32M | -9.84M | -6.64M | -14.86M | -8.32M |
| Operating Cash Flow | -14.32M | -4.59M | -6.64M | -11.60M | -6.31M |
| Investing Cash Flow | 0.00 | -5.93M | 2.17M | -2.43M | -5.39M |
| Financing Cash Flow | 13.27M | 10.72M | 2.63M | 2.53M | 24.37M |
NextNRG Technical Analysis
Negative
0.32
Price Trends
0.40
Negative
0.41
Negative
0.82
Negative
Market Momentum
-0.03
Negative
40.32
Neutral
33.27
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 0.32 is above the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.40, and below the 200-day MA of 0.82, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 40.32 is Neutral, neither overbought nor oversold. The STOCH value of 33.27 is Neutral, 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.
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
2.
If the conditions to completion of the Share Exchange are not met, the Share Exchange may not occur. Q4, 2023
3.
The Share Exchange, if it is completed, will result in significant dilution to the Company's stockholders. 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% | |
57 Neutral | $2.27B | 20.41 | 8.54% | ― | 30.87% | 121.64% | |
52 Neutral | $42.63M | -10.97 | -64.74% | ― | -77.09% | -82.90% | |
51 Neutral | $45.44M | -2.89 | -22.20% | ― | ― | 26.87% | |
47 Neutral | $516.53M | -4.13 | -171.04% | ― | 361.99% | 22.34% | |
43 Neutral | $42.77M | -0.40 | 506.75% | ― | 131.30% | 87.66% | |
43 Neutral | $18.68M | -1.88 | -11.24% | ― | 838.07% | 88.10% |
* Utilities Sector Average
NXXT
NextNRG
0.27
-1.13
-80.86%
HTOO
Fusion Fuel Green
2.45
-2.07
-45.80%
RNW
ReNew Energy Global
6.23
-1.06
-14.54%
NRGV
Energy Vault Holdings
2.96
1.56
111.43%
WAVE
Eco Wave Power Global
6.96
-1.04
-13.02%
VGAS
Verde Clean Fuels
1.34
-1.41
-51.27%
NextNRG Corporate Events
Business Operations and StrategyPrivate Placements and Financing
NextNRG Enters Secured Merchant Cash Advance Agreement
Neutral
Jul 7, 2026
On June 30, 2026, NextNRG Inc. entered into a merchant cash advance agreement with Avanza Capital Holdings, selling $1,499,900 of future receivables for an immediate purchase price of $1,000,000, netting $940,000 after fees. In return, the company...
Business Operations and StrategyPrivate Placements and Financing
NextNRG Converts CEO Debt to Equity, Deleveraging Balance Sheet
Positive
Jun 18, 2026
On June 16, 2026, NextNRG, Inc. entered into a stock purchase agreement with its Chief Executive Officer and Executive Chairman, Michael D. Farkas, under which the company issued 260,000 shares of common stock to him at $0.386 per share, valuing t...
Business Operations and StrategyFinancial Disclosures
NextNRG Reports Strong May 2026 Preliminary Revenue Growth
Positive
Jun 5, 2026
On June 5, 2026, NextNRG reported preliminary unaudited results for May 2026, posting revenue of $9.3 million, a 41% increase from May 2025, and gross profit of about $827,000, up 75% year over year. Despite gallons delivered slipping 4% to roughl...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
NextNRG Completes Private Placement to Fuel Growth
Positive
May 28, 2026
On May 25, 2026, NextNRG, Inc. entered into a securities purchase agreement with a single institutional investor for a private placement of 10 million common shares at $0.64 per share, raising gross proceeds of $6.4 million, with the offering clos...
Business Operations and StrategyPrivate Placements and Financing
NextNRG Secures High-Cost Venture Debt for Liquidity
Negative
May 1, 2026
On April 27, 2026, NextNRG, Inc. entered into a Business Loan and Security Agreement with Venture Debt, LLC for a $1,000,000 venture loan, receiving net proceeds of $930,000 after fees and agreeing to repay a total of $1,450,000 in 24 weekly insta...
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.