NextGen Healthcare, Inc. (NXGN) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
NextGen Healthcare, Inc. (NXGN) trades at $23.94 with AI Score 50/100 (Grade B). NextGen Healthcare, Inc. delivers healthcare technology solutions in the United States, catering to various healthcare organizations. Market cap: $1.61B, Sector: Healthcare.
Price as of Jul 23, 2026 · Last analyzed: May 7, 2026Analyst Coverage for NXGN: NXGN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NXGN against Healthcare peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
NXGN: 1/3 scored disciplines lean bearish. Dominant signal: Ken Griffin bearish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
NextGen Healthcare, Inc. (NXGN) Healthcare & Pipeline Overview
NextGen Healthcare provides comprehensive healthcare technology solutions, including EHR, practice management, and patient engagement tools, primarily serving ambulatory care centers and community health organizations. Their integrated platform and focus on interoperability position them as a key player in healthcare IT, despite a current negative profit margin.
What Is the Investment Thesis for NXGN?
NextGen Healthcare presents a mixed investment thesis. The company's comprehensive suite of healthcare technology solutions, including EHR, practice management, and patient engagement tools, positions it well to capitalize on the growing demand for integrated healthcare IT solutions. The company's focus on interoperability and data analytics further enhances its value proposition. However, the company's current negative profit margin of -0.4% raises concerns about its financial performance. Growth catalysts include expanding its market share within the ambulatory care and community health center segments and leveraging its value-based care solutions to drive revenue growth. Key risks include increasing competition in the healthcare IT market and the potential for regulatory changes to impact its business model.
Based on FMP financials and quantitative analysis
NXGN Key Highlights
- Market capitalization of $1.61B reflects investor valuation of NextGen's market position and growth potential.
- Gross margin of 47.6% indicates a solid ability to control the cost of services and maintain profitability before operating expenses.
- Beta of 0.77 suggests lower volatility compared to the overall market, potentially appealing to risk-averse investors.
- No dividend yield indicates that the company is reinvesting earnings for growth rather than distributing profits to shareholders.
- Serves a diverse customer base including ACOs, IPAs, MSOs, and community health centers, reducing reliance on any single customer segment.
Who Are NXGN's Competitors?
NXGN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CERN Cerner Corporation | $94.92 | +0.00% | 54 | |
| MDRX Veradigm Inc. | $4.80 | +0.00% | $815M | 50 |
| OMCL Omnicell, Inc. | $40.86 | -2.32% | $1.86B | 82 |
| PGNY Progyny, Inc. | $31.35 | -2.76% | $2.46B | 95 |
| NUTX Nutex Health, Inc. | $153.56 | -2.32% | $914M | 94 |
| PRVA Privia Health Group, Inc. | $24.97 | -1.58% | $3.15B | 89 |
| HSTM HealthStream, Inc. | $26.39 | -1.86% | $771M | 91 |
| ONEM ONEM | $16.47 | +0.00% | $3.40B | 55 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NXGN's Key Strengths?
- Comprehensive suite of integrated healthcare technology solutions.
- Strong presence in the ambulatory care and community health center segments.
- Established customer base and reseller channel.
- Deep understanding of healthcare regulations and compliance requirements.
What Are NXGN's Weaknesses?
- Negative profit margin raises concerns about financial performance.
- Reliance on software licensing and subscription revenue models.
- Exposure to increasing competition in the healthcare IT market.
- Potential for regulatory changes to impact its business model.
What Could Drive NXGN Stock Higher?
- Launch of new integrated solutions combining EHR, practice management, and patient engagement capabilities.
- Increasing adoption of value-based care models driving demand for NextGen's population health solutions.
- Expansion of telehealth services and virtual care offerings boosting demand for NextGen Virtual Visits.
- Government initiatives promoting interoperability and data exchange driving adoption of NextGen Share and Mirth Connect.
What Are the Key Risks for NXGN?
- Negative return on equity (-0.6%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Increasing competition from larger and more established healthcare IT vendors.
- Cybersecurity breaches and data privacy violations.
- Regulatory changes that could impact its business model.
- Negative profit margin impacting financial flexibility and investment capacity.
- Integration challenges associated with acquiring and integrating new technologies.
What Are the Growth Opportunities for NXGN?
- Expanding its presence in the ambulatory care market: The ambulatory care market is experiencing significant growth due to the shift towards outpatient services and the increasing adoption of value-based care models. NextGen Healthcare can capitalize on this trend by expanding its sales and marketing efforts targeting ambulatory care centers and offering tailored solutions to meet their specific needs. This market is projected to reach $367.9 billion by 2028, presenting a substantial growth opportunity.
- Leveraging its value-based care solutions: The transition to value-based care is driving demand for solutions that help providers manage patient populations, improve outcomes, and reduce costs. NextGen Healthcare's Population Health Solutions can help providers succeed in this evolving landscape. By offering comprehensive data analytics and reporting capabilities, NextGen can attract providers seeking to optimize their performance under value-based care arrangements. The value-based care market is expected to reach $1 trillion by 2027.
- Enhancing its patient engagement solutions: Patient engagement is becoming increasingly important in healthcare as providers seek to improve patient satisfaction and outcomes. NextGen Healthcare can enhance its Virtual Visits and other patient engagement solutions to provide a more seamless and personalized patient experience. This includes incorporating features such as online scheduling, secure messaging, and remote monitoring. The patient engagement solutions market is projected to reach $59.7 billion by 2025.
- Strengthening its interoperability capabilities: Interoperability is crucial for enabling seamless data exchange between healthcare systems and improving care coordination. NextGen Healthcare can further strengthen its interoperability capabilities by expanding its partnerships with other healthcare technology vendors and adopting industry standards such as FHIR (Fast Healthcare Interoperability Resources). Enhanced interoperability will attract providers seeking to connect their systems and improve data sharing. The healthcare interoperability market is expected to reach $5.3 billion by 2024.
- Expanding its reseller channel: NextGen Healthcare can expand its reach and market share by growing its reseller channel. By partnering with value-added resellers (VARs) and other channel partners, NextGen can access new markets and customer segments. This includes targeting smaller practices and rural healthcare providers who may not be easily reached through a direct sales force. A strong reseller channel can provide a cost-effective way to expand its customer base and drive revenue growth.
What Opportunities Does NXGN Have?
- Expanding its presence in the ambulatory care market.
- Leveraging its value-based care solutions.
- Enhancing its patient engagement solutions.
- Strengthening its interoperability capabilities.
What Threats Does NXGN Face?
- Increasing competition from larger and more established healthcare IT vendors.
- Potential for cybersecurity breaches and data privacy violations.
- Regulatory changes that could impact its business model.
- Economic downturn that could reduce healthcare spending.
What Are NXGN's Competitive Advantages?
- High Switching Costs: Healthcare providers face significant costs and disruption when switching EHR systems, creating customer stickiness.
- Integrated Platform: NextGen's comprehensive suite of integrated solutions provides a competitive advantage over point solutions.
- Established Customer Base: A large and diverse customer base provides a stable revenue stream and opportunities for cross-selling and upselling.
- Regulatory Expertise: Deep understanding of healthcare regulations and compliance requirements provides a competitive advantage.
What Does NXGN Do?
NextGen Healthcare, Inc., established in 1974 and formerly known as Quality Systems, Inc., is a prominent provider of healthcare technology solutions in the United States. Headquartered in Atlanta, Georgia, the company offers a suite of products designed to streamline clinical, financial, and administrative processes for healthcare providers. Their flagship offerings include NextGen Enterprise EHR (Electronic Health Record), a comprehensive clinical care solution; NextGen Enterprise PM (Practice Management), a financial solution for managing revenue cycles; and NextGen Virtual Visits, a patient engagement solution facilitating telehealth services. Beyond these core products, NextGen provides integrated solutions like NextGen Office, catering to smaller practices, and interoperability solutions such as NextGen Share and Mirth Connect, enabling seamless data exchange between healthcare systems. Their data and analytics solutions, including NextGen Health Data Hub, empower providers with actionable insights for improved patient care and operational efficiency. NextGen also offers value-based care solutions like NextGen Population Health Solutions, supporting providers in managing patient populations and improving outcomes. NextGen serves a diverse range of healthcare organizations, including accountable care organizations (ACOs), independent physician associations (IPAs), managed service organizations (MSOs), veterans service organizations, dental service organizations, ambulatory care centers, and community health centers. The company reaches its customers through a direct sales force and a reseller channel. Their comprehensive suite of services also includes managed services like revenue cycle management, client support, and professional services such as training, project management, and consulting, making them a full-service partner for healthcare providers seeking to optimize their technology infrastructure and improve patient care delivery.
What Products and Services Does NXGN Offer?
- Provides Electronic Health Record (EHR) systems for managing patient medical records.
- Offers Practice Management (PM) software for handling billing, scheduling, and administrative tasks.
- Develops patient engagement solutions like virtual visits and online portals.
- Creates interoperability solutions to facilitate data exchange between different healthcare systems.
- Offers data analytics tools to help healthcare providers improve patient outcomes and operational efficiency.
- Provides revenue cycle management services to optimize billing and collections.
- Offers consulting services to help healthcare providers optimize their technology infrastructure and workflows.
How Does NXGN Make Money?
- Software Licensing: Generates revenue through licensing fees for its EHR, PM, and other software solutions.
- Subscription Services: Offers subscription-based access to its cloud-based solutions and managed services.
- Professional Services: Earns revenue from consulting, training, implementation, and support services.
- Managed Services: Provides revenue cycle management and other managed services for a recurring fee.
What Industry Does NXGN Operate In?
NextGen Healthcare operates in the rapidly evolving healthcare information technology (IT) market. The industry is driven by increasing demand for electronic health records (EHRs), practice management systems, and telehealth solutions, fueled by government regulations, the need for improved patient care, and the growing adoption of value-based care models. The market is competitive, with key players like Allscripts Healthcare Solutions and Cerner Corporation vying for market share. NextGen Healthcare differentiates itself through its focus on integrated solutions and its strong presence in the ambulatory care and community health center segments. The global healthcare IT market is projected to reach $390.1 billion by 2024, growing at a CAGR of 11.7% from 2019.
Who Are NXGN's Key Customers?
- Accountable Care Organizations (ACOs): Groups of doctors, hospitals, and other healthcare providers who voluntarily work together to deliver coordinated, high-quality care.
- Independent Physician Associations (IPAs): Associations of independent physicians who contract with managed care organizations.
- Managed Service Organizations (MSOs): Organizations that provide administrative and management services to healthcare providers.
- Community Health Centers: Non-profit, community-based healthcare providers that serve underserved populations.
- Dental Service Organizations: Companies that provide business support and administrative services to dental practices.
ROE -1%Key Financial Metrics
Return on equity for NextGen Healthcare, Inc. stands at -0.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.3%, showing how much profit it generates from its asset base. Its free cash flow yield is 0.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.03 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.2%, the inverse of the P/E and a quick read on earnings relative to price.
How NextGen Healthcare, Inc. Is Valued
NextGen Healthcare, Inc. carries a market capitalization of $1.61B, placing it in the small-cap category. Relative to its peer group, NXGN's quantitative score of 50/100 is below the peer average of 75/100.
F-Score 2/9Financial Health
NextGen Healthcare, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 3.61 places it in the safe zone, indicating low near-term bankruptcy risk.
NXGN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- NXGN's recent insider buying suggests confidence from those who know the company best. This could signal positive future performance.
- Community sentiment shows a growing belief in NXGN's long-term strategy, particularly its focus on integrated healthcare solutions.
- Market perception seems to be shifting, with increasing recognition of NXGN's potential in the evolving healthcare landscape.
- Positive buzz within the social trading community highlights NXGN's innovative solutions, attracting potential long-term investors.
Bear Case
- Some insiders selling shares recently raises concerns about the company's short-term prospects despite the buying activity.
- Bearish sentiment persists among some community members, citing concerns about NXGN's ability to compete effectively.
- Market perception includes skepticism regarding NXGN's ability to maintain its growth trajectory in a competitive market.
- Negative discussions in the social trading community focus on potential challenges related to integration of acquired companies and execution risks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
NXGN Latest News
No recent news available for NXGN.
NXGN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NXGN.
Price Targets
Wall Street price target analysis for NXGN.
NXGN MoonshotScore
What does this score mean?
The MoonshotScore rates NXGN 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: David William Sides
Chief Executive Officer
David Sides serves as the Chief Executive Officer of NextGen Healthcare, bringing extensive experience in healthcare technology and leadership. Prior to NextGen, he held leadership roles at various healthcare IT companies, including Streamline Health, where he served as President and CEO. He also held executive positions at Cerner Corporation and managed global healthcare operations at GE Healthcare. Sides holds a Bachelor of Science degree in Management Information Systems from Auburn University and an MBA from the University of South Florida.
Track Record: Since assuming the role of CEO, David Sides has focused on driving innovation and growth at NextGen Healthcare. He has overseen the expansion of the company's product portfolio, strengthened its customer relationships, and improved its operational efficiency. Under his leadership, NextGen has continued to focus on providing integrated solutions that meet the evolving needs of healthcare providers. Sides is focused on improving profitability and market share.
What Investors Ask About NextGen Healthcare, Inc. (NXGN) — Healthcare
What does the AI Score mean for NXGN?
NXGN holds an AI Score of 50/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. NextGen Healthcare, Inc. delivers healthcare technology solutions in the United States, catering to various healthcare organizations. Their offerings span clinical, financial, and patient …
What does NextGen Healthcare, Inc. do?
NextGen Healthcare, Inc. provides comprehensive healthcare technology solutions to ambulatory care providers, community health centers, and other healthcare organizations. Their core offerings include electronic health record (EHR) systems, practice management (PM) software, patient engagement tools, and interoperability solutions. The company's integrated platform helps providers streamline clinical workflows, manage revenue cycles, improve patient care, and comply with regulatory requirements.
What do analysts say about NXGN stock?
Analyst consensus on NextGen Healthcare (NXGN) is mixed, reflecting the company's potential for growth alongside its current financial challenges. Some analysts highlight the company's strong market position in the ambulatory care segment and its comprehensive suite of integrated solutions. Others express concerns about its negative profit margin and increasing competition.
What are the main risks for NXGN?
NextGen Healthcare faces several key risks. Increasing competition in the healthcare IT market from larger and more established vendors poses a threat to its market share. Cybersecurity breaches and data privacy violations could damage its reputation and result in financial penalties. Regulatory changes, such as changes to EHR certification requirements or data privacy regulations, could impact its business model.
What are the key factors to evaluate for NXGN?
NextGen Healthcare, Inc. (NXGN) holds an AI score of 50/100 (moderate). Not financial advice.
How frequently does NXGN data refresh on this page?
NXGN's price was last updated on Jul 23, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NXGN's recent stock price performance?
NextGen Healthcare, Inc. (NXGN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Comprehensive suite of integrated healthcare technology solutions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NXGN overvalued or undervalued right now?
NextGen Healthcare, Inc. (NXGN) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research NXGN before investing?
Before investing in NextGen Healthcare, Inc. (NXGN), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on provided data and publicly available sources.
- Financial metrics are as of the latest available reporting period.
- Market projections are based on third-party research reports and may vary.