NextNRG (NASDAQ:NXXT – Get Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.
A number of other research analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of NextNRG in a report on Tuesday. Wall Street Zen cut shares of NextNRG from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5.50.
Read Our Latest Research Report on NXXT
NextNRG Stock Up 15.7%
NextNRG (NASDAQ:NXXT – Get Free Report) last posted its earnings results on Wednesday, April 15th. The company reported ($0.21) EPS for the quarter. The company had revenue of $23.01 million for the quarter. As a group, analysts expect that NextNRG will post -0.32 EPS for the current year.
Institutional Trading of NextNRG
A number of hedge funds and other institutional investors have recently made changes to their positions in NXXT. Goldman Sachs Group Inc. acquired a new stake in shares of NextNRG in the first quarter worth $96,000. Geode Capital Management LLC increased its stake in shares of NextNRG by 2,274.3% in the second quarter. Geode Capital Management LLC now owns 314,454 shares of the company’s stock worth $871,000 after acquiring an additional 301,210 shares during the period. Intech Investment Management LLC acquired a new stake in shares of NextNRG in the second quarter worth $29,000. JPMorgan Chase & Co. acquired a new stake in shares of NextNRG in the second quarter worth $33,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of NextNRG in the second quarter worth $103,000. Institutional investors and hedge funds own 10.56% of the company’s stock.
NextNRG News Summary
Here are the key news stories impacting NextNRG this week:
- Positive Sentiment: NextNRG expanded its mobile fuel delivery footprint by launching EzFill services in Gainesville, Florida — adding what the company calls one of the nation’s largest last?mile delivery stations to its network. This could boost local revenue and increase utilization of EzFill assets as NextNRG scales its last?mile offering. NextNRG Launches Mobile Fuel Delivery in Gainesville, Florida Through EzFill Division
- Negative Sentiment: HC Wainwright materially cut multi?year EPS forecasts for NextNRG (notes dated April 17). FY2026 EPS was reduced to ($0.32) from ($0.18), FY2027 to ($0.30) from ($0.15), FY2028 to ($0.29) from ($0.14), and FY2029 to ($0.23). The cuts imply a longer path to profitability and may pressure sentiment and the valuation multiple. MarketBeat: NXXT coverage
- Negative Sentiment: HC Wainwright also set quarterly EPS expectations (Q1–Q4 2026 at ($0.08) each) and FY2030 at ($0.10), signaling expectations for continued quarterly losses rather than a near?term inflection. Repeated downward revisions increase the risk that future guidance or results disappoint expectations. MarketBeat: NXXT coverage
About NextNRG
NextNRG Corp (NASDAQ: NXXT) is a technology-driven energy company specializing in the design, development and deployment of turnkey microgrid solutions and distributed energy systems. The company’s offerings include advanced energy storage systems, solar generation integration, and digital control platforms that allow commercial, industrial and utility customers to optimize energy reliability and reduce dependence on traditional grid infrastructure.
NextNRG’s services span the full project lifecycle, encompassing initial feasibility studies, engineering and procurement, construction management, and ongoing operations and maintenance.
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