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NextNRG
(NASDAQ:NXXT)
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Rating:44Neutral
Price Target:
$0.24
▲(5.65% Upside)
Action:Reiterated
Date:08/18/26
The score is held down primarily by weak financial performance (large operating/net losses, persistent cash burn, and elevated leverage) and a bearish technical setup (trading below all major moving averages with negative MACD). The earnings call provides a partial offset due to clear year-over-year improvement in revenue, costs, and adjusted EBITDA, but near-term liquidity and continued losses remain material constraints.
Positive Factors
Revenue Growth and Operating Efficiency
Strong revenue growth alongside higher gross profit per gallon indicates improving route deployment, pricing and operating efficiency. If these gains persist as the footprint expands, more revenue could convert into gross profit and support scalable growth.
Negative Factors
Persistent Unprofitability and Low Margins
Very low gross margins and deeply negative operating and net margins indicate that the current business model has not yet produced sufficient contribution to cover its cost base. Sustained losses limit reinvestment capacity and make future profitability dependent on significant execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth and Operating Efficiency
Strong revenue growth alongside higher gross profit per gallon indicates improving route deployment, pricing and operating efficiency. If these gains persist as the footprint expands, more revenue could convert into gross profit and support scalable growth.
Read all positive factors
NextNRG (NXXT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$40.02M
Dividend YieldN/A
Average Volume (3M)6.81M
Price to Earnings (P/E)―
Beta (1Y)1.86
Revenue Growth90.34%
EPS Growth89.86%
CountryUS
Employees77
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)-0.42
Shares Outstanding168,221,740
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
$1.25Price Target Upside443.48% 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. operates as an AI-driven energy-tech company. The company operates through two segments, Energy Infrastructure and Mobile Fuel Delivery. The Energy Infrastructure segment focuses on the development, deployment, and operation of AI/ML...
How the Company Makes Money
null...
NextNRG Earnings Call Summary
Earnings Call Date:Aug 13, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 10, 2026
Earnings Call Sentiment Positive
The call emphasized clear progress across core operating metrics: strong revenue growth (~41% Y/Y), meaningful adjusted EBITDA improvement (~62% reduction in loss), gross profit gains (~25%), per-gallon efficiency improvement (~22%), lower interest expense (~38% decline), and successful strategic deployments (Gainesville expansion, major event support, initial EV charging sales). However, material lowlights remain: the company is still GAAP-loss-making (adjusted EBITDA still a loss), cash on hand was low (~$884k) at quarter end requiring further financing, and a portion of revenue growth was driven by higher fuel prices rather than pure volume expansion. The technology and EV businesses are early-stage and must be proven in-field. On balance, the positive operational and financial trends and tangible deployments outweigh the remaining risks and near-term liquidity concerns.Positive Updates
Strong Revenue Growth
Revenue increased approximately 41% year over year to $27.0 million in Q2 2026, driven in part by higher fuel prices and expansion of the operating footprint.
Negative Updates
GAAP Net Loss Continues
The company remains GAAP-loss-making for the period; adjusted EBITDA improved but is still a loss (~$2.2 million), and management reiterated that profitability has not yet been achieved.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Revenue Growth
Revenue increased approximately 41% year over year to $27.0 million in Q2 2026, driven in part by higher fuel prices and expansion of the operating footprint.
Read all positive updates
Company Guidance
Management's guidance emphasized execution across three strategic priorities—strengthening the operating business, commercializing the smart microgrid controller, and scaling EV charging deployments—with an expectation that continued scale will drive operating leverage and more incremental revenue flowing to the bottom line; they pointed to Q2 evidence including revenue up ~41% YoY to ~$27.0M, adjusted EBITDA loss improving ~62% (from ~$5.8M to ~$2.2M), operating expenses excluding stock‑based comp down ~26%, gross profit up ~25% (gross profit per gallon rising from $0.27 to $0.33, a ~22% gain), interest expense down ~38%, diluted loss per share improving to about $0.04 loss from $0.30, quarter‑end cash of ~$0.884M and a $6.4M private placement while they continue to evaluate financing alternatives, and they signaled ongoing deployments (including EV charging) and geographic expansion (e.g., Gainesville) to drive future progress.NextNRG Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
28
Negative
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 94.68M | 81.84M | 27.77M | 23.22M | 15.04M | 7.23M |
| Gross Profit | 7.33M | 6.91M | 2.30M | 1.37M | -1.94M | 206.68K |
| EBITDA | -45.09M | -68.22M | -6.54M | -7.39M | -15.64M | -7.73M |
| Net Income | -58.22M | -85.74M | -16.19M | -10.47M | -17.51M | -9.38M |
Balance Sheet | ||||||
| Total Assets | 12.35M | 11.06M | 12.18M | 5.72M | 10.60M | 22.92M |
| Cash, Cash Equivalents and Short-Term Investments | 883.70K | 384.14K | 438.30K | 226.99K | 4.19M | 16.92M |
| Total Debt | 23.69M | 26.48M | 8.21M | 6.71M | 3.56M | 476.31K |
| Total Liabilities | 33.67M | 33.18M | 10.02M | 7.62M | 4.81M | 1.06M |
| Stockholders Equity | -18.83M | -19.68M | 2.16M | -1.91M | 5.79M | 21.81M |
Cash Flow | ||||||
| Free Cash Flow | -10.69M | -14.32M | -11.95M | -6.64M | -14.86M | -8.32M |
| Operating Cash Flow | -12.73M | -14.32M | -6.26M | -6.64M | -11.60M | -6.31M |
| Investing Cash Flow | -473.98K | 0.00 | -11.68M | 2.17M | -2.43M | -5.39M |
| Financing Cash Flow | 11.43M | 13.27M | 18.53M | 2.63M | 2.53M | 24.37M |
NextNRG Technical Analysis
Negative
0.23
Price Trends
0.31
Negative
0.39
Negative
0.70
Negative
Market Momentum
-0.02
Negative
42.24
Neutral
27.09
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 0.23 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.31, and below the 200-day MA of 0.70, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 42.24 is Neutral, neither overbought nor oversold. The STOCH value of 27.09 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% | |
61 Neutral | $2.49B | 20.94 | 9.00% | ― | 14.06% | 11.99% | |
52 Neutral | $672.81M | -5.86 | -236.75% | ― | 336.76% | 31.16% | |
52 Neutral | $41.65M | -11.20 | -56.33% | ― | -77.09% | -15.59% | |
46 Neutral | $59.09M | -4.17 | -22.20% | ― | ― | 19.55% | |
44 Neutral | $40.02M | -0.56 | 312.90% | ― | 90.34% | 89.86% | |
43 Neutral | $14.31M | -24.89 | -11.24% | ― | 838.07% | 88.10% |
* Utilities Sector Average
NXXT
NextNRG
0.24
-1.51
-86.49%
HTOO
Fusion Fuel Green
2.01
-2.05
-50.49%
RNW
ReNew Energy Global
6.82
-0.70
-9.31%
NRGV
Energy Vault Holdings
3.75
1.85
97.37%
WAVE
Eco Wave Power Global
6.70
-2.15
-24.29%
VGAS
Verde Clean Fuels
1.36
-1.55
-53.26%
NextNRG Corporate Events
Business Operations and StrategyPrivate Placements and Financing
NextNRG Secures High-Cost Convertible Note Financing
Neutral
Jul 29, 2026
On July 24, 2026, NextNRG, Inc. entered into a securities purchase agreement with an institutional investor and closed the sale of a $2 million senior secured convertible note, receiving approximately $1.8 million in gross proceeds to fund general...
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...
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.