NXHSF (Next Hydrogen Solutions) Shares Outstanding (EOP): 69.31 Mil (As of Mar. 2026)


NXHSF Next Hydrogen Solutions Inc NXHSF
41 GF Score
Price $0.35
GF Value $1.20
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Next Hydrogen Solutions Shares Outstanding (EOP)?

Next Hydrogen Solutions NXHSF 41 Shares Outstanding (EOP) is 69.31 Mil as of Mar. 2026. GuruFocus rates NXHSF with a GF Score™ of 41/100 and a GF Value™ of $1.20 (Possible Value Trap). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Next Hydrogen Solutions's shares outstanding for the quarter that ended in Mar. 2026 was 69.31 Mil.

Next Hydrogen Solutions's quarterly shares outstanding stayed the same from Dec. 2025 (69.31 Mil) to Mar. 2026 (69.31 Mil).

Next Hydrogen Solutions's annual shares outstanding increased from Dec. 2024 (22.90 Mil) to Dec. 2025 (69.31 Mil). It means Next Hydrogen Solutions issued new shares from Dec. 2024 to Dec. 2025 .


Next Hydrogen Solutions  (OTCPK:NXHSF) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Next Hydrogen Solutions Shares Outstanding (EOP) Related Terms


Next Hydrogen Solutions Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Next Hydrogen Solutions's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Next Hydrogen Solutions Shares Outstanding (EOP) Chart

Next Hydrogen Solutions Annual Data
Trend Dec20 Jan21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 22.88 22.89 22.90 22.90 69.31

Next Hydrogen Solutions Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.92 22.92 23.13 69.31 69.31

NXHSF vs GEV, ETN, PH: Shares Outstanding (EOP) Comparison

For the Specialty Industrial Machinery subindustry, Next Hydrogen Solutions's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Next Hydrogen Solutions Shares Outstanding (EOP) vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Next Hydrogen Solutions's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Next Hydrogen Solutions's Shares Outstanding (EOP) falls into.


NXHSF
41GF Score
Next Hydrogen Solutions Inc NXHSF
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Next Hydrogen Solutions Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 69.31 Mil mean?
Next Hydrogen Solutions (NXHSF) has a Shares Outstanding (EOP) of 69.31 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Next Hydrogen Solutions and its competitors.
Is Next Hydrogen Solutions' Shares Outstanding (EOP) too high?
Next Hydrogen Solutions' current Shares Outstanding (EOP) is 69.31 Mil. Overall, Next Hydrogen Solutions has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Hydrogen Solutions' Shares Outstanding (EOP) compare to GEV and ETN?
Next Hydrogen Solutions' Shares Outstanding (EOP) of 69.31 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Industrial Products company?
A good Shares Outstanding (EOP) depends on the Industrial Products industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Next Hydrogen Solutions and its competitors. Next Hydrogen Solutions's current Shares Outstanding (EOP) is 69.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Hydrogen Solutions stock overvalued right now?
Based on GuruFocus' analysis, Next Hydrogen Solutions (NXHSF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.20, compared to a current price of $0.35 — trading 70.8% below its estimated fair value. The current Shares Outstanding (EOP) is 69.31 Mil. Next Hydrogen Solutions' overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Next Hydrogen Solutions (NXHSF), the current Shares Outstanding (EOP) is 69.31 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Next Hydrogen Solutions (NXHSF) Overvalued in 2026?

Based on GuruFocus' analysis, Next Hydrogen Solutions stock appears to be undervalued. The current stock price of $0.35 is trading 70.8% below its estimated GF Value™ of $1.20. GuruFocus considers Next Hydrogen Solutions to be Possible Value Trap.

Key valuation signals for NXHSF:

  • Shares Outstanding (EOP): 69.31 Mil
  • GF Value™: $1.20 vs. price of $0.35 (70.8% below fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the NXHSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Next Hydrogen Solutions Business Description

Other Exchanges NXH:Canada
Address 6610 Edwards Boulevard, Mississauga, ON, CAN, L5T 2V6
Next Hydrogen Solutions Inc is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Its cell design architecture enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The company generates revenue from customer contracts from the principal sources of product and equipment sales; services as well as aftermarket sales; and development contracts.
41GF Score

Get the complete analysis for NXHSF

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price
$1.20
GF Value