11 High Growth Utility Stocks To Invest In Now

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3. NextNRG Inc. (NASDAQ:NXXT)

Number of Hedge Fund Holders: N/A

Average 5-Year Revenue Growth: 71.15%

NextNRG Inc. (NASDAQ:NXXT) provides mobile fueling services in the United States, offering both on-demand and subscription-based fuel delivery for individuals, fleets, and marine clients. The company is also working on innovative solutions like wireless EV charging, battery storage, solar energy systems, and smart grid technology. It is one of the best high growth stocks to watch.

NextNRG Inc. (NASDAQ:NXXT)’s revenue came in at $6.15 million for March 2025, up 161% year-over-year. Fuel deliveries also skyrocketed by 210%. For Q1 overall, revenue climbed to $16.2 million, nearly triple the volume from the same period last year. NextNRG’s strategic acquisitions and partnerships with major fleet operators are proving successful, driving increased demand for its mobile fueling platform. The company is also preparing to launch its smart microgrid systems and wireless EV charging technology.

On April 4, NextNRG Inc. (NASDAQ:NXXT) announced the expansion of its partnership with Sunbelt Rentals by taking its mobile fueling services to Texas, building on its existing work with Sunbelt in Florida. NextNRG will now fuel Sunbelt’s equipment directly at job sites and rental branches across the state. The company also launched a custom fueling portal so Sunbelt teams can schedule deliveries, track activity, and access real-time reports.

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