NextPlat (NASDAQ:NXPL – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.
A number of other research analysts also recently commented on the stock. Litchfield Hills Research assumed coverage on shares of NextPlat in a research report on Wednesday. They issued a “buy” rating and a $11.00 price objective for the company. Weiss Ratings raised shares of NextPlat from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 11th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $11.00.
Get Our Latest Analysis on NextPlat
NextPlat Stock Performance
NextPlat (NASDAQ:NXPL – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.42) earnings per share (EPS) for the quarter. The company had revenue of $9.86 million for the quarter. NextPlat had a negative return on equity of 58.05% and a negative net margin of 23.14%. Analysts predict that NextPlat will post -0.55 earnings per share for the current fiscal year.
Hedge Funds Weigh In On NextPlat
An institutional investor recently bought a new position in NextPlat stock. Citadel Advisors LLC purchased a new position in shares of NextPlat Corp. (NASDAQ:NXPL – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 48,176 shares of the company’s stock, valued at approximately $40,000. Citadel Advisors LLC owned about 0.19% of NextPlat at the end of the most recent quarter. 1.30% of the stock is currently owned by institutional investors.
More NextPlat News
Here are the key news stories impacting NextPlat this week:
- Positive Sentiment: Litchfield Hills Research initiated coverage on NextPlat with a Buy rating and a $11.00 price target, suggesting substantial upside potential. Street Insider article
- Positive Sentiment: The analyst sees NextPlat moving toward profitability, forecasting FY2027 EPS of $0.57 and positive quarterly EPS in 2027, which may improve longer-term sentiment. Benzinga article
- Neutral Sentiment: New earnings estimates for FY2026 (-$0.55 EPS) and Q2 2026 (-$0.21 EPS) still indicate losses in the near term, limiting immediate upside. Tickerreport article
- Neutral Sentiment: Short interest data showed a decline earlier in the month, but the most recent update reported 0 shares short, making the data unusual and hard to interpret for trading impact. American Banking News article
- Negative Sentiment: The latest analyst estimates still call for losses through most of 2026, including Q3 2026 EPS of $0.00 and Q4 2026 EPS of $0.07, so investors may remain cautious about near-term earnings power. Benzinga article
NextPlat Company Profile
NextPlat Corp operates as a healthcare and e-commerce company in Europe, North America, South America, the Asia and Pacific, and Africa. The company operates full-service retail specialty services pharmacies that provides prescription pharmaceuticals prescription pharmaceuticals, third-party administration, risk and data management services, compounded medications, tele-pharmacy services, anti-retroviral medications, medication therapy management, contracted pharmacy services, and health practice risk management to healthcare organizations and providers, as well as supplies prescription medications to long-term care facilities.
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