NextNRG Inc (NXXT) Stock Jumps on FIU Wireless EV Charging Deal: Price, Forecast and Risk Analysis

As of Wednesday, December 3, 2025, NextNRG Inc (NASDAQ: NXXT) is trading around $1.25 per share, up modestly on the day but still deep in the red for the year. The stock sits near the lower end of its 52‑week range of roughly $0.93 to $4.34, giving the company a market capitalization of about $160–170 million. ^[1]

The latest spark: a headline‑grabbing partnership with Florida International University (FIU) to build a large‑scale wireless EV charging network, which sent NXXT up more than 23% in after‑hours trading to about $1.52 on Tuesday night. ^[2]

Below is a deep dive into what’s moving NextNRG today, how the business is evolving, and what current forecasts and analyses say about this unusually volatile small‑cap energy stock.

What NextNRG Inc (NXXT) Actually Does

NextNRG is an energy‑technology company trying to stitch together several fast‑moving trends—mobile fueling, microgrids, wireless EV charging, and AI‑driven grid software—into one integrated platform.

According to the company, its Next Utility Operating System® uses AI and machine learning to optimize how power is produced, stored and dispatched across solar, batteries, traditional generators, EV charging and on‑demand fuel delivery. Its main business lines include: ^[3]

EzFill mobile fueling – on‑demand and subscription fuel delivery to fleets, marine and specialty markets.
Wireless EV charging (“NextCharging”) – static pads and in‑motion charging systems for EVs.
Smart microgrids – AI‑managed distributed energy systems for commercial, healthcare, educational, tribal and government customers.
Utility orchestration – software (the “Next UOS®”) that coordinates these assets as a unified energy platform.

NextNRG was previously known as EzFill Holdings, Inc. before pivoting and rebranding toward this broader, AI‑driven energy infrastructure strategy. ^[4]

NXXT Stock Today: Price, Performance and Volatility

Last trade (Dec 3, 2025): ≈ $1.25
Intraday range: roughly $1.20 – $1.52
52‑week range: about $0.93 – $4.34
Market cap: ≈ $160–170 million ^[5]

Benzinga notes that NXXT shares are down about 62% year‑to‑date, underscoring how painful the ride has been despite a series of bullish‑sounding news releases. ^[6]

Several analytics sites flag the stock’s very high volatility. One technical service estimates daily swings above 8–10%, and explicitly labels NXXT “very high risk” given its combination of sharp moves and occasional low liquidity. ^[7]

Stockopedia goes even further, classifying NextNRG as a “speculative small‑cap” and tagging it as a “sucker stock”, a label it uses for companies where the risk of permanent capital loss is elevated. ^[8]

The FIU Wireless EV Charging Network: Why the Stock Spiked

The biggest near‑term catalyst is NextNRG’s December 2, 2025 announcement of a partnership with Florida International University to deploy what could become one of the largest wireless EV charging networks on a U.S. campus. ^[9]

Key points from the FIU deal:

A roadway of up to ~3 miles across FIU’s campus will support dynamic wireless charging (charging vehicles while they drive).
24 static wireless charging pads will be installed at multiple campus locations.
Several sites will support bi‑directional charging, allowing EVs to both draw from and feed into FIU’s renewable energy systems.
A mobile app will manage billing, usage tracking and real‑time availability of charging spots. ^[10]

NextNRG will commercialize FIU‑invented patents and technologies for both static and dynamic wireless EV charging, positioning the project as a showcase for its NextCharging platform and its AI‑enabled microgrid architecture. ^[11]

Benzinga tied Tuesday night’s more‑than‑23% after‑hours jump directly to this announcement, emphasizing that the deployment is expected to be among the world’s larger wireless EV charging demonstrations, and that FIU would be the first U.S. university to operate wireless EV charging at this scale. ^[12]

In short: this is a high‑visibility proof‑of‑concept. If it works smoothly, it could help validate NextNRG’s technology for municipalities, campuses and fleet operators globally.

Financial Momentum: Rapid Revenue Growth, Deep Losses

The bullish side of the NXXT story is all about top‑line growth.

Q3 2025 results

On November 17, 2025, NextNRG reported its strongest quarter to date: ^[13]

Revenue: $22.9 million, up 232% year‑over‑year (from $6.9 million) and up from $19.7 million in Q2.
Gross profit: $2.4 million, with gross margin expanding from 8% in Q2 to 11% in Q3.
Net loss: about $14.9 million, driven heavily by roughly $5.6 million in stock‑based compensation and other growth investments.

The company highlighted strong expansion in its mobile fueling division, growing demand for commercial and healthcare microgrids, and continued investment in bidirectional wireless EV charging.

An earnings‑call recap notes that despite record revenue, the stock fell around 9% in pre‑market trading after the release—suggesting investors remain focused on continued losses, cash burn and dilution risk. ^[14]

October 2025 monthly update

On November 7, 2025, NextNRG also reported preliminary results for October 2025: ^[15]

October revenue: $7.39 million, up 196% year‑over‑year (vs. $2.50 million in Oct 2024).
Sequential growth: revenue up about 5% vs. September’s $7.07 million.
Year‑to‑date revenue through October: roughly $65.8 million, more than double full‑year 2024 revenue (~$27 million).

That combination—triple‑digit growth plus ongoing heavy losses—is at the heart of virtually every analysis on NXXT: fundamentals are improving, but profitability remains distant.

The 28‑Year Healthcare Microgrid Deal: A First Asset‑Backed Cash Flow

Beyond the FIU news, another major strategic milestone dropped on November 20, 2025: a long‑term microgrid contract with a California healthcare facility. ^[16]

Highlights of the 28‑year Power Purchase Agreement (PPA) with Sunnyside Nursing and Post‑Acute Care Center in Torrance, California:

NextNRG will design, own, operate, monitor and maintain a multi‑source microgrid.
The system combines 409 kW of rooftop solar, a 300 kW battery, and integration with existing gas backup generation.
Year‑one production is estimated around 627,000 kWh.
The PPA is expected to generate about $5 million in gross revenue over 28 years, creating asset‑backed cash flows for NextNRG rather than purely project‑development fees.

The company positions this as a template for the broader healthcare resilience market, which it estimates at $3.2 billion per year today, growing toward $7–8 billion annually over the next decade, driven by regulations requiring up to 96 hours of backup power for nursing and long‑term care facilities in states such as California, Florida and Texas. ^[17]

Strategically, this PPA is important because it signals a shift toward “own‑and‑operate” microgrid assets, which can produce more stable, long‑duration revenue streams—if the company can finance them without over‑leveraging the balance sheet.

Balance Sheet and Capital Structure: Why Many Analysts Stay Cautious

The revenue story looks strong; the balance sheet is where things get uncomfortable.

A recent snapshot from a fundamentals platform shows: ^[18]

Total assets: ≈ $25.5 million
Total liabilities: ≈ $39.3 million
Short/current long‑term debt: ≈ $29.8 million
Shareholders’ equity: effectively zero or negative

In plain language: NextNRG is highly leveraged and has little to no equity cushion. That, combined with ongoing net losses, raises:

Refinancing and liquidity risk if capital markets tighten.
Dilution risk if the company issues more equity or convertible securities to fund growth and asset ownership.

Some analysts and commentators on platforms like Seeking Alpha have flagged these issues for months. One widely cited October 2025 piece titled “NextNRG: Still Not Out Of The Penalty Box” reflects the view that, despite impressive growth and new contracts, the stock still carries outsized downside risk relative to its fundamentals. ^[19]

Analyst Ratings and Price Targets: Bullish Wall Street, Divided Models

Despite the messy financials, sell‑side coverage is broadly positive:

Quiver Quantitative reports that two firms—HC Wainwright and ThinkEquity—have issued “Buy” ratings, with price targets of $5.00 and $6.00, respectively. ^[20]
Investing.com shows a consensus 12‑month target around $5.5, with a “Strong Buy” recommendation based on two analysts (high estimate $6, low $5). ^[21]
Other aggregators such as AlphaSpread, Zacks and TipRanks cluster around $5–6 per share as well, implying roughly 300–350% upside from today’s ~$1.25 level. ^[22]

Short‑term earnings expectations remain negative. TradingView, for example, cites consensus next‑quarter EPS around –$0.06, reinforcing the idea that this is still very much a growth‑first, profits‑later story. ^[23]

Algorithmic and retail‑focused forecasts

Once you step away from Wall Street analysts, forecasts diverge wildly:

One algorithmic service labels NXXT a “bad long‑term (1‑year) investment”, projecting the stock could trend toward almost zero over the next 12 months. ^[24]
Another forecasting site bizarrely shows a 30‑day “target” of $0, which is clearly more of a model artifact than a realistic analyst view. ^[25]
Yet others, like CoinCodex, model modest double‑digit gains over the next year if their technical signals play out. ^[26]

The takeaway: formal analyst coverage is bullish, but quant and retail tools disagree sharply, reminding investors that models are only as good as their assumptions—and in thinly traded micro‑caps, those assumptions can be fragile.

Sentiment, Insider Activity and Institutional Interest

A recent QuiverQuant piece pulls together social, insider and institutional data around NXXT: ^[27]

Social chatter: A recent ~15% price increase (prior to the FIU spike) triggered heavy discussion on X (formerly Twitter), with bulls focusing on clean‑energy and AI‑grid themes, and skeptics questioning sustainability of the rally.
Insider trading (last 6 months):
- 7 insider transactions in total: 3 buys, 4 sells.
- CEO and Executive Chairman Michael D. Farkas bought 1,000,000 shares (≈$1.67 million).
- Another insider, Sean Matthew Oppen, made two smaller purchases.
- CTO Avishai Vaknin sold about 15,500 shares (~$31,000).
Institutional investors:
- 30 institutions added NXXT, while 16 reduced positions in the most recent quarter.
- Notable additions from Vanguard, Geode, BlackRock, UBS and Northern Trust, all increasing their share counts substantially.

At the same time, StockTitan data shows insiders hold roughly 74% of the float, while institutions hold only about 1.6%, and short interest is minimal (~0.3%). ^[28]

That mix—heavy insider ownership, tiny public float, and growing but still small institutional participation—helps explain why NXXT can move so violently on news, both up and down.

Risk Profile: Why NXXT Remains a High‑Beta Bet

Putting it all together, the main risk factors around NextNRG include:

Leverage and negative equity
- Liabilities exceed assets, and there is meaningful debt on the balance sheet. Future growth (including FIU and new microgrids) may require further capital raises, increasing the risk of dilution. ^[29]
Persistent net losses
- Even with >200% revenue growth, Q3 still produced a $14.9 million net loss, heavily impacted by stock‑based compensation. Profitability is not yet in sight. ^[30]
Execution risk on complex projects
- The FIU project combines cutting‑edge dynamic wireless charging, bi‑directional grid interaction and software orchestration. The 28‑year Sunnyside microgrid requires flawless engineering, permitting and long‑term operations. Slippage, cost overruns or technical issues could hurt both financials and credibility. ^[31]
Valuation versus fundamentals
- Valuation‑focused write‑ups have pointed out that NXXT trades at a multiple of sales meaningfully above many peers in the utilities/renewables space, despite its fragile balance sheet and unproven profitability. ^[32]
Extreme volatility
- Daily price swings well above 8–10%, coupled with micro‑cap liquidity, make this a stock where stop‑losses can slip and moves can overshoot in both directions. At least one technical service explicitly warns that NXXT is “very high risk” from a trading standpoint. ^[33]

What to Watch Next for NextNRG Stock

For investors tracking NXXT from here, key near‑ and medium‑term signposts include:

Execution milestones on the FIU wireless EV network
- Design, permitting, initial construction, and eventually fully operational dynamic and static charging lanes. Positive case studies or third‑party validation would help de‑risk the technology story. ^[34]
Additional “own‑and‑operate” microgrid PPAs
- If Sunnyside is followed by similar contracts across healthcare, education or logistics, it would support the thesis that NextNRG can build a portfolio of recurring‑revenue assets, not just one‑off projects. ^[35]
Path toward cash‑flow breakeven
- Investors will be watching monthly revenue updates and upcoming earnings to see whether gross margin continues to expand and whether operating expenses, including stock‑based compensation, start to come under control. ^[36]
Capital raising and dilution
- Any new equity or convertible offerings, asset‑backed financing structures, or strategic partnerships that provide capital will be key to assessing whether growth can be funded without wiping out existing shareholders.
Analyst revisions and rating changes
- With just a handful of analysts covering NXXT, any revision to the $5–6 price target band or the current Buy/Strong Buy stance could materially influence sentiment. ^[37]

Bottom Line

On December 3, 2025, NextNRG Inc (NXXT) sits at a fascinating intersection:

A compelling narrative—AI‑driven energy, wireless EV charging, long‑term microgrid PPAs.
Explosive revenue growth, with triple‑digit year‑over‑year increases and expanding gross margins.
A very fragile balance sheet, persistent net losses and high volatility.
Wall Street analysts projecting several‑hundred‑percent upside, while some quant models warn of steep downside.

For traders, NXXT is a classic high‑beta news stock—capable of dramatic moves on each press release. For long‑term investors, it’s more of a venture‑style bet in public‑market clothing, where the real question is whether the company can translate early projects like FIU and Sunnyside into a durable, profitable energy platform before the capital markets lose patience.