NextNRG Shares to Reverse Split on Monday, September 14th (NASDAQ:NXXT)

Posted by George Bondi on Sep 10th, 2026

NextNRG Inc. (NASDAQ:NXXT – Free Report) shares are going to reverse split before the market opens on Monday, September 14th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, September 13th.

NextNRG Price Performance

NASDAQ:NXXT traded down $0.04 during midday trading on Thursday, hitting $0.15. The company’s stock had a trading volume of 5,979,022 shares, compared to its average volume of 8,299,809. The firm’s 50 day moving average is $0.27 and its 200-day moving average is $0.40. NextNRG has a fifty-two week low of $0.15 and a fifty-two week high of $2.88. The firm has a market cap of $25.79 million, a P/E ratio of -0.35 and a beta of 0.04.

NextNRG (NASDAQ:NXXT – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The business had revenue of $27.75 million for the quarter. As a group, analysts forecast that NextNRG will post -0.22 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on NXXT shares. Weiss Ratings upgraded NextNRG from a “sell (e-)” rating to a “sell (e)” rating in a research report on Tuesday, September 1st. Wall Street Zen upgraded NextNRG to a “sell” rating in a research report on Saturday, May 23rd. Zacks Research raised shares of NextNRG from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, HC Wainwright cut their price target on shares of NextNRG to $1.50 and set a “buy” rating for the company in a report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, NextNRG has an average rating of “Hold” and a consensus target price of $1.50.

Read Our Latest Stock Report on NXXT

Institutional Inflows and Outflows

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

About NextNRG

(Get Free Report)

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.