HC Wainwright Issues Negative Estimate for NextNRG Earnings

NextNRG Inc. (NASDAQ:NXXT) – Analysts at HC Wainwright decreased their Q3 2026 EPS estimates for shares of NextNRG in a report issued on Friday, August 14th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of ($0.07) per share for the quarter, down from their previous forecast of ($0.06). HC Wainwright currently has a “Buy” rating and a $1.50 price target on the stock. The consensus estimate for NextNRG’s current full-year earnings is ($0.26) per share. HC Wainwright also issued estimates for NextNRG’s Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.22) EPS, FY2027 earnings at ($0.16) EPS, FY2028 earnings at ($0.10) EPS and FY2029 earnings at ($0.08) EPS.

NextNRG (NASDAQ:NXXT) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $27.75 million during the quarter.

NXXT has been the subject of a number of other research reports. Weiss Ratings cut NextNRG from a “sell (e+)” rating to a “sell (e-)” rating in a report on Friday. Zacks Research raised NextNRG from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, Wall Street Zen upgraded NextNRG to a “sell” rating in a research report on Saturday, May 23rd. One research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1.50.

NextNRG Stock Down 5.8%

NXXT stock opened at $0.25 on Tuesday. NextNRG has a 52-week low of $0.20 and a 52-week high of $2.88. The firm has a market cap of $42.32 million, a P/E ratio of -0.57 and a beta of 0.06. The company’s 50-day simple moving average is $0.34 and its 200-day simple moving average is $0.48.

Hedge Funds Weigh In On NextNRG

A number of hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new position in shares of NextNRG in the first quarter valued at approximately $96,000. Geode Capital Management LLC grew its holdings in shares of NextNRG by 2,274.3% during the second quarter. Geode Capital Management LLC now owns 314,454 shares of the company’s stock worth $871,000 after buying an additional 301,210 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of NextNRG during the 2nd quarter worth approximately $29,000. JPMorgan Chase & Co. acquired a new position in NextNRG during the 2nd quarter worth $33,000. Finally, New York State Common Retirement Fund acquired a new position in shares of NextNRG in the 2nd quarter valued at $103,000. Institutional investors and hedge funds own 10.56% of the company’s stock.

NextNRG Company Profile

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.