H.C. Wainwright initiates coverage on NextNRG stock with Buy rating

Investing.com - H.C. Wainwright initiated coverage on NextNRG Inc. (NASDAQ:NXXT) with a Buy rating and a price target of $5.00 on Tuesday, representing a significant upside from the current price of $1.82. According to InvestingPro data, the company has demonstrated strong revenue growth of 92.5% in the last twelve months.

The research firm highlighted NextNRG’s position as a diversified energy technology company with product offerings targeting commercial, industrial, and transportation sectors.

H.C. Wainwright noted that the company provides customized solutions ranging from solar energy generation, battery storage, wireless electric vehicle (EV) charging, and fuel delivery.

These solutions can be offered individually or in combination as an integrated ecosystem, according to the research firm’s analysis.

The firm emphasized that NextNRG’s integrated ecosystem is underpinned by artificial intelligence (AI) and machine learning (ML) capabilities, which support its diverse energy technology offerings. Despite reporting negative EBITDA of -$37.73M, the company maintains a moderate debt level, as revealed in the comprehensive InvestingPro Research Report.

In other recent news, NextNRG Inc reported its financial results for the second quarter of 2025, highlighting significant revenue growth and improved operational efficiencies. These developments have been well-received by the market, as evidenced by the company’s premarket trading activity. Analysts have noted the company’s progress, although specific upgrades or downgrades were not mentioned in the recent reports. NextNRG’s focus on innovative energy solutions continues to capture investor interest, contributing to the positive sentiment surrounding its financial performance. There are no recent reports of mergers or acquisitions involving NextNRG. The company has not been subject to any major downgrades from analyst firms in the recent period. Investors are closely watching how NextNRG will continue to leverage its operational improvements in future quarters.

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