NextPlat (NXPL)
Market Price (2/16/2026): $0.5503 | Market Cap: $14.3 MilSector: Information Technology | Industry: Application Software
NextPlat (NXPL)
Market Price (2/16/2026): $0.5503Market Cap: $14.3 MilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -84% | Weak multi-year price returns2Y Excs Rtn is -102%, 3Y Excs Rtn is -126% | Penny stockMkt Price is 0.6 |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -8.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -14% | |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Digital Advertising, and Fintech & Digital Payments. Themes include Direct-to-Consumer Brands, Show more. | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -11% | |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -62% | ||
| Key risksNXPL key risks include [1] significant financial distress and poor operational metrics suggesting a high risk of bankruptcy, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -84% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Digital Advertising, and Fintech & Digital Payments. Themes include Direct-to-Consumer Brands, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -102%, 3Y Excs Rtn is -126% |
| Penny stockMkt Price is 0.6 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -8.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -14% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -11% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -11%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -11% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -62% |
| Key risksNXPL key risks include [1] significant financial distress and poor operational metrics suggesting a high risk of bankruptcy, Show more. |
Qualitative Assessment
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NextPlat (NXPL) stock has lost about 40% since 10/31/2025 because of the following key factors:
1. Weak Q3 2025 Financial Results: NextPlat reported a consolidated revenue decline for the third quarter of 2025, which was announced on November 13, 2025. Revenue decreased to approximately $13.8 million, compared to $15.4 million in the same quarter of the prior year. This decline was primarily attributed to a reduction in its Healthcare Operations' 340B contract revenue. Additionally, the company's overall gross profit margin decreased to about 19.9% from 23.2% in Q3 2024.
2. Nasdaq Listing Compliance Concerns: NextPlat has faced challenges maintaining its Nasdaq listing, with the company receiving a notice of non-compliance with the minimum bid price requirement. NextPlat has until April 27, 2026, to ensure its common stock closes at or above $1.00 per share for at least ten consecutive business days to regain compliance, with the risk of delisting if the deficiency is not cured.
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1. Weak Q3 2025 Financial Results: NextPlat reported a consolidated revenue decline for the third quarter of 2025, which was announced on November 13, 2025. Revenue decreased to approximately $13.8 million, compared to $15.4 million in the same quarter of the prior year. This decline was primarily attributed to a reduction in its Healthcare Operations' 340B contract revenue. Additionally, the company's overall gross profit margin decreased to about 19.9% from 23.2% in Q3 2024.
2. Nasdaq Listing Compliance Concerns: NextPlat has faced challenges maintaining its Nasdaq listing, with the company receiving a notice of non-compliance with the minimum bid price requirement. NextPlat has until April 27, 2026, to ensure its common stock closes at or above $1.00 per share for at least ten consecutive business days to regain compliance, with the risk of delisting if the deficiency is not cured.
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Stock Movement Drivers
Fundamental Drivers
The -37.8% change in NXPL stock from 10/31/2025 to 2/15/2026 was primarily driven by a -35.9% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.90 | 0.56 | -37.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 59 | 57 | -2.7% |
| P/S Multiple | 0.4 | 0.3 | -35.9% |
| Shares Outstanding (Mil) | 26 | 26 | -0.1% |
| Cumulative Contribution | -37.8% |
Market Drivers
10/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| NXPL | -37.8% | |
| Market (SPY) | -0.0% | 45.9% |
| Sector (XLK) | -7.2% | 44.8% |
Fundamental Drivers
The -17.9% change in NXPL stock from 7/31/2025 to 2/15/2026 was primarily driven by a -10.1% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.68 | 0.56 | -17.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 63 | 57 | -8.6% |
| P/S Multiple | 0.3 | 0.3 | -10.1% |
| Shares Outstanding (Mil) | 26 | 26 | -0.1% |
| Cumulative Contribution | -17.9% |
Market Drivers
7/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| NXPL | -17.9% | |
| Market (SPY) | 8.2% | 30.7% |
| Sector (XLK) | 6.4% | 32.1% |
Fundamental Drivers
The -45.1% change in NXPL stock from 1/31/2025 to 2/15/2026 was primarily driven by a -27.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 1312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.02 | 0.56 | -45.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 66 | 57 | -14.0% |
| P/S Multiple | 0.3 | 0.3 | -12.5% |
| Shares Outstanding (Mil) | 19 | 26 | -27.0% |
| Cumulative Contribution | -45.1% |
Market Drivers
1/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| NXPL | -45.1% | |
| Market (SPY) | 14.3% | 38.4% |
| Sector (XLK) | 21.5% | 38.9% |
Fundamental Drivers
The -63.9% change in NXPL stock from 1/31/2023 to 2/15/2026 was primarily driven by a -80.6% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.55 | 0.56 | -63.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11 | 57 | 412.5% |
| P/S Multiple | 1.3 | 0.3 | -80.6% |
| Shares Outstanding (Mil) | 9 | 26 | -63.6% |
| Cumulative Contribution | -63.9% |
Market Drivers
1/31/2023 to 2/15/2026| Return | Correlation | |
|---|---|---|
| NXPL | -63.9% | |
| Market (SPY) | 74.0% | 19.0% |
| Sector (XLK) | 109.5% | 17.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NXPL Return | 15% | -61% | 31% | -35% | -51% | 8% | -80% |
| Peers Return | -8% | -34% | -15% | 89% | -56% | -24% | -67% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| NXPL Win Rate | 33% | 50% | 50% | 42% | 42% | 50% | |
| Peers Win Rate | 50% | 25% | 52% | 78% | 38% | 10% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| NXPL Max Drawdown | 0% | -61% | 0% | -55% | -56% | 0% | |
| Peers Max Drawdown | -18% | -42% | -36% | -7% | -66% | -30% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADSK, HIT, BMR, KNRX, RPGL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/13/2026 (YTD)
How Low Can It Go
| Event | NXPL | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -86.5% | -25.4% |
| % Gain to Breakeven | 642.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -4.4% | -33.9% |
| % Gain to Breakeven | 4.6% | 51.3% |
| Time to Breakeven | 473 days | 148 days |
| 2018 Correction | ||
| % Loss | -40.6% | -19.8% |
| % Gain to Breakeven | 68.5% | 24.7% |
| Time to Breakeven | 525 days | 120 days |
Compare to ADSK, HIT, BMR, KNRX, RPGL
In The Past
NextPlat's stock fell -86.5% during the 2022 Inflation Shock from a high on 7/13/2021. A -86.5% loss requires a 642.9% gain to breakeven.
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About NextPlat (NXPL)
NextPlat Corp, together with its subsidiaries, provides mobile satellite services (MSS) solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things (IoT) connectivity services in the United States and internationally. It offers satellite communications products, which enable users to make voice calls, send and receive text messages and emails, and transmit GPS location coordinates virtually; GPS enabled emergency locator distress beacons that enables essential communication between customers, and search and rescue organizations during emergency situations and pinpoint locational information to search and rescue services; and SolarTrack, an IoT tracking device powered by the sun for tracking and monitoring anything that moves or remote asset used outdoors. The company also offers GTCTrack, a subscription-based mapping and tracking portal that allows managers to track, command, and control assets in near-real-time. The company provides its solutions for businesses, governments, military, humanitarian organizations, and individual users. It offers its products and services directly to end users and reseller networks; operates e-commerce websites that offer a range of MSS products and solutions; and offers portable satellite voice, data, and tracking solutions through various third-party e-commerce storefronts. The company was formerly known as Orbsat Corp. and changed its name to NextPlat Corp in January 2022. NextPlat Corp is headquartered in Coconut Grove, Florida.
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- A global e-commerce marketplace, similar to a niche Amazon.
- A business telecom provider, like a smaller Vonage or RingCentral.
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- E-commerce Marketplaces: NextPlat develops and operates online marketplaces for digital products, software, and various services, connecting consumers and businesses globally.
- Satellite Communications: Through its subsidiary Global Telesat Communications (GTC), NextPlat provides satellite phones, airtime, data plans, and other satellite communication devices and services for global connectivity across land, sea, and air.
- Wireless Connectivity Solutions: NextPlat offers various wireless connectivity services and related mobile communication solutions, often integrated with its digital platforms.
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Based on NextPlat's (NXPL) public filings, specifically its Form 10-K for the fiscal year ended December 31, 2022, and subsequent investor communications, the company explicitly states that no single customer accounted for 10% or more of its total revenue. Therefore, NextPlat does not have "major customers" that are individually named or disclosed in its financial reports.
NextPlat operates with a diversified customer base, serving both businesses and individuals across its various segments. Since specific major B2B customers are not identified, the following categories describe its customer base:
- Residential Smart Home Consumers: Individuals and families who utilize NextPlat's smart home services and solutions for security, automation, and convenience, typically purchasing these services through the company's network of dealers. This represents a direct-to-consumer (B2C) aspect of their business.
- Enterprise and Organizational Clients: Various businesses and organizations across diverse industries that engage NextPlat for its Internet of Things (IoT) solutions, enterprise software development, cloud-based services, and data analytics. This represents a business-to-business (B2B) aspect, but without concentration in any single client.
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Digital Merchants and Payment Users (MobiquityPay): This category encompasses the two primary user groups for NextPlat's MobiquityPay platform:
- Merchants: Businesses of various sizes that leverage MobiquityPay for digital payment processing services, including potentially Web3 and blockchain-related payment solutions.
- Digital Payment Users: Individuals who utilize MobiquityPay's digital wallet and payment services for their online and offline transactions.
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David Phipps, Chief Executive Officer
David Phipps was appointed Chief Executive Officer of NextPlat on September 3, 2025, having previously served as Interim CEO since May 2025. He is the founder of NextPlat's UK subsidiary, Global Telesat Communications, and its US subsidiary, Orbital Satcom Corp. Mr. Phipps previously held the roles of CEO and Chairman of NextPlat from 2015 to 2021, during which time he guided the company from its inception to its listing on Nasdaq. He possesses over 20 years of experience in the communications industry and more than 35 years in investment management, finance, and operational capacities across various private and public companies, overseeing acquisitions, mergers, and capital-raising activities.
Ms. Ferrio, Chief Financial Officer
Ms. Ferrio brings over 15 years of accounting and finance expertise from both Nasdaq-listed and private companies. Before joining NextPlat, she served as Vice President of Accounting & Finance at Progressive Care LLC, a company acquired by NextPlat in October 2024. In that role, she managed various aspects of the accounting department, including financial reporting, analysis, budgeting, forecasting, and SEC filings. Her prior experience includes serving as Controller at BBC International, LLC; Senior Manager, Financial Reporting & Compliance at Willis-Lease Finance Corporation (NASDAQ: WLFC); Senior Accountant at BioMatrix Specialty Pharmacy; and Senior Accountant at FedNat (NASDAQ: FNHC). Ms. Ferrio holds both a Master of Science and a Bachelor of Science in Accounting.
Rodney Barreto, Chairman of the Board
Rodney Barreto was appointed Chairman of the Board on September 3, 2025, having served as Interim Chairman since May 2025. He has been a director of NextPlat since January 2022. Mr. Barreto's career spans over 35 years in business and civic leadership, including his role at the Barreto Group and as a partner at Capital City Consulting. He currently serves as the Chair of the FIFA Miami World Cup Host Committee 2026 and has chaired multiple Super Bowl Host Committees.
Birute Norkute, Chief Operating Officer, Progressive Care Inc. (a NextPlat subsidiary)
Birute Norkute has more than 20 years of experience in the hospital and healthcare sector. She has been instrumental in establishing and leading the operations of Progressive Care Inc., a NextPlat subsidiary.
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The key risks to NextPlat's business include:
- Financial Health and Profitability Challenges: NextPlat faces significant financial challenges, indicated by a low Altman Z-Score of 0.42, which suggests a potential risk of bankruptcy within two years. The company also has a Piotroski F-Score of 2, reflecting poor business operations. NextPlat consistently reports negative operating and net margins, with a -14.33% operating margin and a -14.58% net margin, and has experienced persistent net losses, approximately $2.2 million in Q3 2025. The company's gross profit margin of 19.9% and operating margin of approximately -14.16% are significantly below industry benchmarks.
- Operational and Regulatory Headwinds in Healthcare Segment: The healthcare operations segment, which is NextPlat's largest revenue driver, is experiencing significant operational and regulatory challenges. A decline in pharmacy 340B contract revenue directly contributed to an 11% year-over-year decrease in consolidated revenue in Q3 2025. The healthcare segment continues to face industry headwinds, including declining 340B revenue, reduced prescription volumes, and lower payer reimbursement rates.
- Impact of Tariffs on E-commerce Growth: U.S.-China tariffs pose a significant risk to NextPlat's e-commerce growth, particularly for products like Florida Sunshine. These tariffs could delay or entirely prevent planned e-commerce expansion in China, making product launches economically unattractive. This situation is expected to materially impact the anticipated significant growth and contributions from the e-commerce segment through late 2025 and into 2026. The e-commerce segment has also seen a decline in gross margin due to new airtime costs and temporary rate adjustments for some customers.
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The rapid growth and mainstream adoption of Free Ad-supported Streaming TV (FAST) services (e.g., Pluto TV, Tubi, Freevee). These platforms offer extensive content libraries for free, supported by advertisements, directly competing with NextPlat's nxtVOD platform for viewership and advertising revenue, particularly among price-sensitive consumers or those seeking a broad range of library content without a subscription.
The ongoing and accelerating shift in the digital advertising ecosystem towards greater privacy and reliance on first-party data, exemplified by Google's impending deprecation of third-party cookies in Chrome and Apple's App Tracking Transparency (ATT) framework. This trend challenges the business models of ad tech companies, including NextPlat's nxtMIA, that traditionally relied heavily on third-party data for targeting and measurement, necessitating costly adaptation and potentially eroding competitive advantage.
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NextPlat (NXPL), a global consumer products and services company, operates across three core divisions: Healthcare, Satellite Communications (which includes IoT connectivity), and Global E-commerce. The addressable markets for its main products and services are sized as follows:Healthcare Services
NextPlat, through its subsidiary Progressive Care Inc. and its PharmcoRx brand, provides retail pharmacy, 340B program management, and long-term care services in the United States. Additionally, it distributes OPKO's human and animal healthcare products in China and markets its own Florida Sunshine supplement brand.- The global healthcare e-commerce market is projected to expand at a compound annual growth rate of 16.8% from 2022 to 2030, reaching a value of over $1.37 trillion by the end of the forecast period.
Satellite Communications and IoT Connectivity
NextPlat's subsidiaries, including Global Telesat Communications (GTC), Orbital SatCom (OSAT), and Outfitter Satellite (OSI), offer satellite-enabled voice, data, tracking, and Internet of Things (IoT) solutions to businesses and individuals globally.- The global Internet of Things (IoT) market size was valued at $714.48 billion in 2024 and is projected to grow to $4,062.34 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 24.30% during the forecast period. North America held the largest share of the IoT market, valued at $232.86 billion in 2024.
- The global IoT platform market size was an estimated $11.10 billion in 2023 and is projected to reach $27.15 billion by 2030, growing at a CAGR of 12.7% from 2024 to 2030.
Global E-commerce
NextPlat operates a global e-commerce division that facilitates the online sale of consumer electronics, wellness products, and other goods, both domestically and internationally. The company leverages platforms such as Amazon, Alibaba, Tmall, and JD.com to reach a wide consumer base, particularly in markets like China.- Global e-commerce sales are expected to reach $6.31 trillion worldwide in 2023, accounting for approximately 20.8% of all retail purchases, and are projected to grow to 24% of all retail purchases by 2026.
- China's e-commerce sales are projected to surpass $3 trillion in 2025, making it nearly three times the size of the U.S. market. In 2022, China's annual online retail sales of physical goods reached approximately 13.8 trillion yuan, nearly $2 trillion USD.
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NextPlat (NXPL) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives across its healthcare, e-commerce, and communications divisions. These key drivers include:
- Expansion of Healthcare Operations and High-Margin Contracts: NextPlat's healthcare segment is a significant contributor to revenue, with a strategic focus on expanding government prescription contracts and securing additional pharmacy service agreements with 340B covered entities. These contracts are expected to represent a larger proportion of healthcare revenue due to their higher profit margins compared to traditional retail pharmacy business. For instance, in November 2025, NextPlat's healthcare division was awarded a multi-state prescription fulfillment contract by virtual healthcare provider DevotedDOc. The company also aims to expand into high-value patient services.
- Growth in Satellite Connectivity Products and Recurring Airtime Revenue: The communications division continues to be a strong revenue driver, experiencing sustained growth in satellite connectivity products and record-level recurring airtime revenue. NextPlat is actively securing new connectivity contracts and expanding its critical communications capabilities for enterprise, government, and humanitarian organizations, particularly in Europe.
- Global E-commerce Expansion and New Product Launches: NextPlat is expanding its e-commerce presence internationally. A notable initiative is the global rollout of its Florida Sunshine brand of premium vitamins and supplements in Europe and North America. The brand has also received initial approval for sales in China through Alibaba's Tmall Global platform, with market entry anticipated in Q4 2025. The company officially launched its e-commerce program in China in March 2024, featuring OPKO Healthcare-branded products. NextPlat is also working to introduce OPKO pet health products.
- Commercialization of ClearMetrX 4.0 AI-Powered Healthcare Analytics: NextPlat is developing ClearMetrX 4.0, an AI-enhanced healthcare data analytics and reporting software. This platform is scheduled for internal rollout in Q4 2025, with commercial deployment expected in the first half of 2026. This technological advancement is designed to improve healthcare operations efficiency and patient outcomes, creating a new revenue stream.
- Strategic Acquisitions, Joint Ventures, and Collaborations: The company explicitly states its intention to grow through opportunistic acquisitions, joint ventures, and collaborations across its business segments. This strategy allows NextPlat to expand its market reach and product offerings, as demonstrated by past acquisitions like Outfitter Satellite, which significantly bolstered its e-commerce segment.
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Share Repurchases
- NextPlat's Board of Directors approved a share repurchase program on December 17, 2024, authorizing the repurchase of up to $2,000,000 of the company's outstanding common stock.
- Management has been actively repurchasing shares under the approved buyback program.
- The company anticipated becoming active in the share buyback market following the filing of its 2024 annual report.
Share Issuance
- In April 2023, NextPlat executed a private offering, selling 3,428,571 shares of common stock at $1.75 per share, which generated gross proceeds of approximately $6.0 million.
- The company completed a private placement in December 2022, issuing 4,575,429 units, each comprising one share of common stock and one warrant, for gross proceeds of approximately $8.0 million (net proceeds of $7.4 million).
- In December 2021, NextPlat issued warrants to purchase 4,575,429 shares of common stock at an exercise price of $1.75.
Inbound Investments
- NextPlat received approximately $6.0 million in gross proceeds from a private offering of common stock to a strategic, accredited investor in April 2023.
- In December 2022, the company completed a private placement that secured approximately $8.0 million in gross proceeds from institutional and accredited investors.
Outbound Investments
- NextPlat acquired Outfitter Satellite Inc. through an all-cash transaction, expected to close on April 1, 2024, aiming to significantly expand its North American e-commerce business.
- In August 2022, NextPlat completed a strategic $7 million investment in Progressive Care Inc., a company focused on personalized healthcare services and technology.
- The company finalized a merger and business combination with Progressive Care Inc. on October 1, 2024, to create a unified entity focused on healthcare services, technology, and personal health and wellness.
Capital Expenditures
- The company used $1.0 million in cash for investing activities during the quarter ended September 30, 2024, primarily associated with the acquisition of Outfitter Satellite, Inc.
- NextPlat is undertaking a technology upgrade for its ClearMetrX healthcare data analytics platform, incorporating artificial intelligence capabilities, with internal deployment anticipated in late 2025 and commercial availability in 2026.
- The Compound Annual Growth Rate (CAGR) of Capital Expenditures to Operating Cash Flow (CapEx/OCF) for NextPlat over the last five years is 0%.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| NextPlat Earnings Notes | 12/16/2025 | |
| NextPlat Stock Drop Looks Sharp, But How Deep Can It Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 0.92 |
| Mkt Cap | 0.1 |
| Rev LTM | 57 |
| Op Inc LTM | 1 |
| FCF LTM | -1 |
| FCF 3Y Avg | 842 |
| CFO LTM | 2 |
| CFO 3Y Avg | 880 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.6% |
| Rev Chg 3Y Avg | 52.5% |
| Rev Chg Q | 18.0% |
| QoQ Delta Rev Chg LTM | 4.3% |
| Op Mgn LTM | 4.5% |
| Op Mgn 3Y Avg | -1.0% |
| QoQ Delta Op Mgn LTM | 0.9% |
| CFO/Rev LTM | 7.0% |
| CFO/Rev 3Y Avg | 8.0% |
| FCF/Rev LTM | -2.6% |
| FCF/Rev 3Y Avg | 6.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.1 |
| P/S | 2.0 |
| P/EBIT | 30.6 |
| P/E | 42.8 |
| P/CFO | 22.9 |
| Total Yield | 2.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -13.2% |
| D/E | 0.1 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -18.1% |
| 3M Rtn | -27.3% |
| 6M Rtn | -57.0% |
| 12M Rtn | -62.7% |
| 3Y Rtn | -67.9% |
| 1M Excs Rtn | -14.9% |
| 3M Excs Rtn | -33.1% |
| 6M Excs Rtn | -62.4% |
| 12M Excs Rtn | -75.7% |
| 3Y Excs Rtn | -134.4% |
Price Behavior
Price Behavior
| Market Price | $0.56 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/19/2018 | |
| Distance from 52W High | -46.9% | |
| 50 Days | 200 Days | |
| DMA Price | $0.63 | $0.70 |
| DMA Trend | down | down |
| Distance from DMA | -11.2% | -20.0% |
| 3M | 1YR | |
| Volatility | 65.2% | 82.1% |
| Downside Capture | 300.20 | 199.18 |
| Upside Capture | 170.97 | 109.66 |
| Correlation (SPY) | 37.9% | 38.1% |
NXPL Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.37 | 2.20 | 2.79 | 2.09 | 1.59 | 1.11 |
| Up Beta | -0.90 | -1.47 | 1.31 | 2.42 | 1.45 | 0.99 |
| Down Beta | 1.82 | 1.62 | 3.58 | 2.27 | 1.83 | 1.45 |
| Up Capture | 403% | 401% | 189% | 181% | 127% | 48% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 12 | 21 | 29 | 65 | 115 | 332 |
| Down Capture | -101% | 282% | 310% | 197% | 141% | 106% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 7 | 18 | 30 | 56 | 130 | 382 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NXPL | |
|---|---|---|---|---|
| NXPL | -45.0% | 82.0% | -0.38 | - |
| Sector ETF (XLK) | 19.0% | 27.6% | 0.61 | 39.0% |
| Equity (SPY) | 14.0% | 19.4% | 0.55 | 38.5% |
| Gold (GLD) | 74.3% | 25.3% | 2.17 | 5.9% |
| Commodities (DBC) | 7.0% | 16.7% | 0.24 | 9.0% |
| Real Estate (VNQ) | 7.9% | 16.6% | 0.28 | 17.0% |
| Bitcoin (BTCUSD) | -29.8% | 44.9% | -0.65 | 24.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NXPL | |
|---|---|---|---|---|
| NXPL | -32.7% | 95.0% | -0.04 | - |
| Sector ETF (XLK) | 16.2% | 24.8% | 0.59 | 14.2% |
| Equity (SPY) | 13.3% | 17.0% | 0.62 | 14.1% |
| Gold (GLD) | 22.1% | 17.0% | 1.06 | 3.1% |
| Commodities (DBC) | 10.5% | 18.9% | 0.44 | 2.7% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 8.0% |
| Bitcoin (BTCUSD) | 8.3% | 57.2% | 0.37 | 9.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NXPL | |
|---|---|---|---|---|
| NXPL | -18.8% | 95.0% | -0.06 | - |
| Sector ETF (XLK) | 23.0% | 24.2% | 0.86 | 14.3% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 14.1% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 2.9% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 2.5% |
| Real Estate (VNQ) | 6.4% | 20.7% | 0.27 | 8.1% |
| Bitcoin (BTCUSD) | 67.9% | 66.7% | 1.07 | 9.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/13/2025 | -10.9% | -19.8% | -18.8% |
| 8/14/2025 | 9.3% | -2.4% | 4.1% |
| 3/24/2025 | -0.7% | -10.7% | -45.2% |
| 11/14/2024 | 9.6% | 5.5% | 6.6% |
| 8/14/2024 | -1.4% | 17.0% | 41.3% |
| 4/12/2024 | -20.9% | -35.8% | -34.5% |
| 11/14/2023 | 10.5% | -14.3% | -17.0% |
| 8/14/2023 | -4.3% | -7.7% | -29.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 4 | 3 | 4 |
| # Negative | 7 | 8 | 7 |
| Median Positive | 9.5% | 17.0% | 23.9% |
| Median Negative | -4.3% | -12.5% | -29.3% |
| Max Positive | 10.5% | 56.8% | 44.4% |
| Max Negative | -20.9% | -35.8% | -45.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/24/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/11/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/31/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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