Nexgel Inc logo

Nexgel Inc(NXGL)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.18
09/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for NXGL

09/28/2026: NXGL (1-star) is currently NOT-A-BUY. Pass it for now.

Nexgel Inc is a medical technology company specializing in high-water-content, electron-beam cross-linked hydrogel products for medical and cosmetic applications. Its primary strength lies in its proprietary manufacturing technology, which offers unique material properties that are attractive for advanced wound care and transdermal drug delivery. The company's growth story is built on transitioning from an R&D-heavy phase to a commercial supplier for both medical firms and consumer brands. However, investors face risks regarding intense competition, lack of current profitability, and potential execution challenges in scaling operations. This stock is generally suited for growth-oriented investors who can tolerate significant volatility, and progress in securing long-term strategic partnerships is a key development to monitor.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitNexgel offers growth potential in a specialized niche but faces significant early-stage execution risks.
Momentum investorWeak fitThe stock lacks consistent, high-volume upward momentum and is susceptible to market sentiment shifts.
Value investorWeak fitThe company is not currently profitable, making traditional value metrics difficult to apply.
Dividend investorWeak fitNexgel does not pay a dividend and is not expected to do so in the near term.
Low-risk investorWeak fitThe high volatility and early-stage nature of the company make it unsuitable for conservative portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighSmall-cap biotech/medtech stocks often experience sharp price swings based on news cycles.
Valuation riskMedium / highWithout stable earnings, the stock price is heavily reliant on future growth expectations.
Competition risk (Medical Devices)HighEstablished players can easily outspend and out-distribute a small company like Nexgel.
Business qualityMediumThe business relies on proprietary technology, but commercial viability is still being proven.
Dividend incomeLow / noneInvestors should not rely on this stock for income.
Execution riskHighSuccess depends on manufacturing efficiency and securing long-term customer contracts.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -30.53%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
NXGL receives a 3-star rating based on the available scored pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
NXGL has moderate overall fundamentals (3 stars), with soft financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, moderate earnings growth (+8.6%) and solid revenue growth (+31.5%) are partially offset by weak cash generation (FCF margin -12.1%), weak profitability (net margin -26.3%).

Financial Health Rating

★★★★★
NXGL's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 13.2%). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is NXGL's strongest growth driver at +68.0% FY2025 versus FY2024 (strong, 5 stars). By comparison, revenue growth (+31.5%, solid) is also solid, while earnings growth (+8.6%, moderate) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 13.7% and approximately 79.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 14.02% supports management-shareholder alignment.

Top 5 Institutional Investors

Geode Capital Management, LLC 1.32%
Morgan Stanley - Brokerage Accounts 0.56%
Renaissance Technologies Corp 0.52%
Vanguard Capital Management, LLC 0.50%
Jane Street Group LLC 0.43%

Unit Economics (Per $1K Revenue)

★★★★★
NXGL generates approximately $395 of gross profit, $-293 of operating income, and $-121 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -3.70% (Tax Credit)

Quantitative Style Profile

★★★★★
NXGL has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.70M USD
Price to earnings Ratio -
1Y Target Price 2
Price to earnings Ratio -
1Y Target Price 2
Volume (30-day avg) 1.3M shares
Beta 0.75
52 Weeks Range 0.16 - 2.89
Updated Date 09/27/2026
52 Weeks Range 0.16 - 2.89
Updated Date 09/27/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.74

How Company Makes Money

Business areaWhat it includesRetail investor read
Advanced Wound CareHydrogel dressings and wound care products.Selling medical-grade supplies to healthcare providers.
Consumer/CosmeticsFacial masks and personal care products.Manufacturing products for beauty brands.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 1.38
Enterprise Value 9.50M
Price to Sales(TTM) 0.14
Enterprise Value 9.50M
Price to Sales(TTM) 0.14
Enterprise Value to Revenue 0.79
Enterprise Value to EBITDA -0.85
Shares Outstanding 9.75M
Shares Floating 7.70M
Shares Outstanding 9.75M
Shares Floating 7.70M
Percent Insiders 14.02
Percent Institutions 13.67

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Nexgel Inc

Exchange NASDAQ
Headquarters Langhorne, PA, United States
IPO Launch date 2021-12-22
Interim CEO & Director Mr. Brian J. Kieser C.P.A.
Sector Healthcare
Industry Medical Instruments & Supplies
Full time employees 19
Full time employees 19

NEXGEL, Inc. manufactures high water content, electron beam cross-linked, and aqueous polymer hydrogels and gels for wound care, medical diagnostics, transdermal drug delivery, and cosmetics in the United States. It operates through two segments: Nexgel and CG labs. The company offers over-the-counter remedy solutions, such as blister and pain applications; and beauty and cosmetic solutions. It also develops NEXDrape, an incise surgical drape designed for patients with impaired skin; and NEXDerm, an adhesive tape designed to secure central lines and intravenous tubes and devices to patients before, during, and after medical treatment. In addition, the company engages in the converting and packaging business. It serves its customers under Medagel, Kenkoderm and Silly George brand names. The company was formerly known as AquaMed Technologies, Inc. and changed its name to NEXGEL, Inc. in November 2019. NEXGEL, Inc. was incorporated in 2009 and is based in Langhorne, Pennsylvania.