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NextNRG (NXXT) Falls Following a Strong Rally. Here is Why
Yahoo Finance· 2025-12-20 11:46
Core Insights - NextNRG Inc. (NASDAQ:NXXT) experienced a significant share price decline of 17.16% from December 10 to December 17, 2025, making it one of the worst-performing energy stocks during that week [1]. Company Performance - NextNRG reported a preliminary unaudited revenue of $7.51 million for November 2025, reflecting a substantial increase of 271% compared to the same month in the previous year [3]. - The company is on track for a record full-year performance, with total revenue estimated at approximately $73.5 million for the first eleven months of 2025 [3]. Recent Developments - On December 11, 2025, NextNRG signed a 28-year Power Purchase Agreement (PPA) with Topanga Terrace Rehabilitation & Subacute Care Center in California, which further expands its project pipeline [4]. - The recent drop in share price may be attributed to profit-taking by investors amid a generally bearish sentiment in the energy sector [4]. Insider Activity - Reports indicate that insider selling has contributed to the downward pressure on NextNRG's stock. Director Arbour Daniel Ronald sold 27,891 shares for over $36,000 on December 9, and Chief Technology Officer Vaknin Avishai sold 15,000 shares for $30,000 on December 11 [5].
NextNRG (NXXT) Gained Over 36% This Week. Here is Why
Yahoo Finance· 2025-12-15 14:57
Core Insights - NextNRG Inc. (NASDAQ:NXXT) experienced a significant share price increase of 36.22% from December 5 to December 12, 2025, making it one of the top-performing energy stocks for that week [1][2]. Company Performance - The company reported preliminary unaudited revenue of $7.51 million for November 2025, reflecting a substantial increase of 271% compared to the same month in the previous year [3]. - For the first eleven months of 2025, NextNRG's revenue reached approximately $73.5 million, indicating a strong potential for record full-year performance as it approaches December [3]. Strategic Developments - NextNRG secured a long-term Power Purchase Agreement (PPA) with Topanga Terrace Rehabilitation & Subacute Care Center in California, which spans 28 years and includes 2% annual rate escalators, expected to generate around $3.85 million in gross revenue over the contract duration [3]. - The company is focused on executing its growth strategy, expanding its project pipeline, and meeting annual targets, as stated by Michael D. Farkas, Executive Chairman and CEO [3]. Industry Context - NextNRG operates in mobile fueling operations and offers services in wireless EV charging, commercial fleet electrification, predictive grid analytics, and advanced microgrid systems, positioning itself within the growing energy sector [2].