Nixxy (NIXX, Financial) has shared its preliminary revenue figures for its telecommunications segment, revealing continued expansion in voice infrastructure and the activation of new platforms. This positions the firm for broader engagement in various communication channels. The company is advancing its AI-enhanced telecom strategy, anticipating that its commercial SMS traffic will introduce substantial new revenue streams starting in May 2025.
To support the upcoming phase of growth and new carrier partnerships, Nixxy is expanding its leadership team. In April 2025, the company generated over $1.4 million in gross revenue. By early May 2025, revenue had already surpassed $800,000. Looking ahead, the company is aiming for a gross revenue run rate exceeding $3 million by the end of May 2025, based on current usage patterns and commercial onboarding.
It's important to note that these preliminary figures do not include SMS-related traffic for April 2025, as commercial SMS activities are slated to commence in May 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Nixxy Inc (NIXX, Financial) is $15.00 with a high estimate of $15.00 and a low estimate of $15.00. The average target implies an upside of 742.70% from the current price of $1.78. More detailed estimate data can be found on the Nixxy Inc (NIXX) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Nixxy Inc's (NIXX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nixxy Inc (NIXX, Financial) in one year is $0.07, suggesting a downside of 96.07% from the current price of $1.78. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nixxy Inc (NIXX) Summary page.
