tiprankstipranks
Trending News
More News >
NextNRG (NXXT)
NASDAQ:NXXT
US Market

NextNRG (NXXT) AI Stock Analysis

Compare
40 Followers

Top Page

NX

NextNRG

(NASDAQ:NXXT)

Rating:54Neutral
Price Target:
$3.00
▲(11.52%Upside)
While corporate events highlight significant operational achievements and market expansion, financial performance remains a major concern with substantial risks due to ongoing losses and high leverage. Technical analysis and valuation offer limited support, resulting in a moderate overall score.

NextNRG (NXXT) vs. SPDR S&P 500 ETF (SPY)

NextNRG Business Overview & Revenue Model

Company DescriptionNextNRG 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 MoneyNextNRG 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
10
Very Negative
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
20
Very Negative
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
15
Very Negative
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue9.68M27.77M23.22M15.04M7.23M3.59M
Gross Profit2.09M1.22M1.37M-173.51K206.68K42.17K
EBITDA-10.06M-6.54M-7.72M-15.72M-7.90M-6.48M
Net Income-23.07M-16.19M-10.47M-17.51M-9.38M-7.25M
Balance Sheet
Total Assets26.03M12.18M5.72M10.60M22.92M2.81M
Cash, Cash Equivalents and Short-Term Investments2.12M438.30K226.99K4.19M16.92M882.87K
Total Debt38.30M8.21M6.71M3.56M476.31K1.55M
Total Liabilities732.91K10.02M7.62M4.81M1.06M4.29M
Stockholders Equity25.29M2.16T-1.91M5.79M21.87M-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-5.93M2.17M-2.43M-5.39M-24.07K
Financing Cash Flow10.72T10.72M2.63M2.53M24.37M2.48M

NextNRG Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.69
Price Trends
50DMA
3.05
Negative
100DMA
2.99
Negative
200DMA
3.08
Negative
Market Momentum
MACD
-0.09
Positive
RSI
40.24
Neutral
STOCH
21.15
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 2.69 is below the 20-day moving average (MA) of 2.90, below the 50-day MA of 3.05, and below the 200-day MA of 3.08, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 40.24 is Neutral, neither overbought nor oversold. The STOCH value of 21.15 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 0 New Risks

NextNRG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
$800.50M23.350.29%26.49%
RNRNW
65
Neutral
$2.78B51.554.18%-1.77%-41.65%
58
Neutral
$1.53B236.42-5.96%6.08%52.48%
54
Neutral
$326.63M-9999.00%52.34%10.37%
51
Neutral
$133.31M-82.96%-86.10%-49.68%
50
Neutral
AU$1.49B1.75-28.24%3.26%16.24%-7.89%
37
Underperform
$162.16M-17.03%-29.15%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NXXT
NextNRG
2.69
-2.11
-43.96%
AMPS
Altus Power
4.99
0.88
21.41%
RNW
ReNew Energy Global
7.67
1.66
27.62%
NRGV
Energy Vault Holdings
0.85
-0.14
-14.14%
VGAS
Verde Clean Fuels
3.64
-0.48
-11.65%
FLNC
Fluence Energy
8.41
-8.78
-51.08%

NextNRG Corporate Events

Private Placements and Financing
NextNRG Extends Promissory Note Maturity to June 30
Neutral
Jul 1, 2025

NextNRG Inc. has been involved in a series of amendments to a promissory note originally issued to Alcourt LLC on March 31, 2025, with a principal sum of $1,000,000. The note’s maturity date was initially set for April 30, 2025, but was extended multiple times through amendments that involved issuing shares of common stock to Alcourt and paying extension fees. The latest amendment, dated June 23, 2025, extends the maturity date to June 30, 2025, with an option for further monthly extensions until September 30, 2025, in exchange for additional shares.

The most recent analyst rating on (NXXT) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on NextNRG stock, see the NXXT Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
NextNRG Reports Record Revenue Growth in May 2025
Positive
Jun 24, 2025

On June 24, 2025, NextNRG announced a significant revenue growth of 148% year-over-year for May 2025, marking its best month in company history. The year-to-date revenue of approximately $28.89 million has already surpassed the total revenue for 2024, driven by operational expansion and increased demand from partners. This growth highlights the scalability of NextNRG’s business model and its strategic entry into new markets. The company continues to expand its fleet and integrate sustainable energy solutions, solidifying its position in the on-demand fueling industry and supporting the transition to electric vehicles.

The most recent analyst rating on (NXXT) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on NextNRG stock, see the NXXT Stock Forecast page.

Private Placements and Financing
NextNRG Executes Promissory Note for Working Capital
Neutral
Jun 13, 2025

NextNRG, Inc. entered into a Master Lease Agreement with Equify Financial, LLC on June 9, 2025, to lease equipment under various lease schedules. The agreement includes terms for rent payments, late charges, and indemnification clauses. On the same day, the company also entered into Equipment Lease Schedule No. 001 for a 36-month term, with a total equipment cost of $899,640. Additionally, on June 10, 2025, NextNRG executed a promissory note with Michael D. Farkas for $436,000 to support working capital, with a 12% interest rate and a maturity date of June 9, 2026, or upon a capital raise of at least $4 million.

Delistings and Listing ChangesBusiness Operations and Strategy
NextNRG Joins Russell Indexes, Boosting Market Presence
Positive
Jun 11, 2025

On June 11, 2025, NextNRG announced its inclusion in the Russell 2000® and Russell 3000® Indexes, effective after market close on June 27, 2025. This inclusion is seen as a significant milestone, reflecting the company’s growth and its unique position at the intersection of efficient energy, intelligent mobility, and AI-powered infrastructure. The addition to the indexes is expected to enhance institutional engagement and long-term value creation, following strong quarterly growth and strategic advancements in key markets.

Private Placements and FinancingBusiness Operations and Strategy
NextNRG Amends Note with Alcourt LLC for Shares
Neutral
May 23, 2025

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.

Business Operations and StrategyFinancial Disclosures
NextNRG Reports 154% Revenue Surge in April 2025
Positive
May 16, 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.

Private Placements and Financing
NextNRG Secures Promissory Notes for Operational Funding
Neutral
May 9, 2025

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.

Business Operations and Strategy
NextNRG Expands Mobile Fueling Operations to Oklahoma
Positive
Apr 30, 2025

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.

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.Date of analysis: Jun 25, 2025