Next10, Inc. (NXTN)
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.
Next10, Inc. (NXTN) trades at $0.62 with AI Score 44/100 (Grade C). Next10, Inc. specializes in security systems for the cargo transportation industry, offering products designed to prevent cargo theft. Market cap: $10.30M, Sector: Industrials.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for NXTN: NXTN 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 NXTN against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NXTN: the 1 perspectives are evenly split.
How is this calculated? →Next10, Inc. (NXTN) Industrial Operations Profile
Next10, Inc. provides security solutions for the cargo transportation industry, focusing on theft prevention through its Bulldog Online Security Systems (BOSS). Targeting retail, pharmaceutical, high-tech, and government sectors, the company operates primarily in the US and Canada, differentiating itself through specialized security offerings for various cargo types.
What Is the Investment Thesis for NXTN?
Next10, Inc. presents a niche investment opportunity within the cargo security market. The company's specialized BOSS product line caters to a critical need for theft prevention in the transportation industry. With a market capitalization of $10.30M and a negative P/E ratio of -94.02, the company's profitability remains a concern, indicated by a negative profit margin of -2.7%. However, a gross margin of 48.5% suggests potential for improved profitability with increased sales volume and cost management. Growth catalysts include expansion into new geographic markets and product line extensions. The company's beta of -0.15 indicates lower volatility compared to the market.
Based on FMP financials and quantitative analysis
NXTN Key Highlights
- Market Cap of $10.30M indicates a micro-cap company with potential for high growth but also higher risk.
- Gross Margin of 48.5% demonstrates a strong ability to generate revenue from sales, suggesting potential for profitability with improved cost management.
- Negative P/E Ratio of -94.02 reflects current unprofitability, requiring investors to focus on future growth prospects and potential turnaround strategies.
- Profit Margin of -2.7% highlights the need for improved operational efficiency and cost control to achieve sustainable profitability.
- Beta of -0.15 suggests the stock is less volatile than the overall market, potentially offering some downside protection during market downturns.
Who Are NXTN's Competitors?
NXTN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| DFEL China TMK Battery Systems Inc. | $1.70 | -7.76% | $25.63M | 63 |
| LPSIF Legend Power Systems Inc. | $0.15 | +26.69% | $23.34M | 38 |
| NSYC National Stock Yards Co. | $390.00 | +0.00% | $17.01M | 42 |
| TFII TFI International Inc. | $140.87 | +1.24% | $11.58B | 58 |
| TSP TuSimple Holdings Inc. | $0.25 | -5.66% | $57.47M | 56 |
| SLGB Smart Logistics Global Limited | $0.69 | +9.52% | $29.67M | 55 |
| RXO RXO, Inc. | $26.59 | -0.08% | $4.39B | 50 |
| YATRY Yamato Holdings Co., Ltd. | $11.50 | +0.00% | $3.64B | 44 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NXTN's Key Strengths?
- Specialized product line focused on cargo security.
- Established brand recognition in the cargo transportation industry.
- Proprietary technology and intellectual property related to BOSS systems.
What Are NXTN's Weaknesses?
- Small market capitalization and limited financial resources.
- Negative profitability and low revenue growth.
- Dependence on a niche market with potential for limited growth.
What Could Drive NXTN Stock Higher?
- Potential expansion into new geographic markets in South America and Europe within the next 3-5 years.
- Launch of new security solutions tailored to specific cargo types within the next 2-3 years.
- Formation of strategic partnerships with logistics companies and transportation providers.
- Continuous investment in research and development for innovative security technologies.
- Pursuit of government contracts to provide security solutions for government agencies.
What Are the Key Risks for NXTN?
- Negative return on equity (-10.3%) — the business is not currently generating profit on shareholder capital.
- Competition from larger companies with broader product offerings.
- Economic downturn impacting the transportation industry and reducing demand for cargo security solutions.
- Technological advancements rendering existing security systems obsolete.
- Limited financial disclosure due to OTC Other tier status.
- Low trading volume and liquidity, increasing price volatility.
What Are the Growth Opportunities for NXTN?
- Expansion into New Geographic Markets: Next10 can expand its market reach beyond the United States and Canada into other regions with high cargo theft rates, such as South America and Europe. The global cargo security market is estimated to be worth billions of dollars, providing significant growth potential. Timeline: Within the next 3-5 years, Next10 can establish partnerships and distribution channels in these new markets.
- Product Line Extension: Next10 can develop new security solutions tailored to specific cargo types, such as temperature-sensitive goods or hazardous materials. This would allow the company to cater to a broader range of customers and increase its market share. The market for specialized cargo security solutions is growing, driven by increasing regulatory requirements and the need to protect high-value goods. Timeline: Within the next 2-3 years, Next10 can launch new product lines targeting these specialized markets.
- Strategic Partnerships: Next10 can form strategic partnerships with logistics companies and transportation providers to integrate its security systems into their existing operations. This would provide Next10 with access to a large customer base and increase its brand awareness. The logistics industry is increasingly focused on security, creating opportunities for collaboration. Timeline: Ongoing, with potential for new partnerships to be formed each year.
- Technological Innovation: Next10 can invest in research and development to develop new and innovative security technologies, such as AI-powered surveillance systems and blockchain-based tracking solutions. This would allow the company to differentiate itself from competitors and capture a larger share of the market. The market for advanced security technologies is growing rapidly, driven by increasing sophistication of cargo theft techniques. Timeline: Ongoing, with continuous investment in R&D.
- Government Contracts: Next10 can pursue government contracts to provide security solutions for government agencies and military organizations. This would provide the company with a stable source of revenue and increase its credibility. The government sector is a significant market for security solutions, with substantial budgets allocated to protecting critical infrastructure and assets. Timeline: Ongoing, with potential for new contracts to be awarded each year.
What Opportunities Does NXTN Have?
- Expansion into new geographic markets with high cargo theft rates.
- Product line extension to cater to specific cargo types.
- Strategic partnerships with logistics companies and transportation providers.
What Threats Does NXTN Face?
- Competition from larger companies with broader product offerings.
- Economic downturn impacting the transportation industry.
- Technological advancements rendering existing security systems obsolete.
What Are NXTN's Competitive Advantages?
- Specialized product line focused on cargo security.
- Established brand recognition in the cargo transportation industry.
- Proprietary technology and intellectual property related to BOSS systems.
What Does NXTN Do?
Next10, Inc., formerly known as Bulldog Technologies, Inc., was founded in 1998 and is headquartered in Placentia, California. The company develops, manufactures, and sells security systems tailored for the cargo transportation industry, primarily serving the United States and Canada. Its core product line, 'Bulldog Online Security Systems' (BOSS), is designed to prevent cargo theft from various transportation and storage equipment, including cargo containers, tractor-trailers, cargo vans, and tanker trucks. The BOSS system offers a range of features, including alerts to onsite security personnel in case of theft or tampering, notifications to drivers about potential cargo access attempts, and monitoring of multiple doors to prevent unauthorized entry. The product suite includes The Yard BOSS, The Road BOSS, The Tanker BOSS, Bulldogs BOSS Tracker, and Mini BOSS System, each designed for specific applications. Next10 serves diverse markets, including retail, pharmaceutical, high technology, and government sectors, providing specialized security solutions to protect valuable cargo during transit and storage. The company changed its name to Next10, Inc. on March 25, 2011, marking a strategic shift in its market approach.
What Products and Services Does NXTN Offer?
- Develops and manufactures security systems for the cargo transportation industry.
- Offers 'Bulldog Online Security Systems' (BOSS) to prevent cargo theft.
- Provides security solutions for cargo containers, tractor-trailers, and tanker trucks.
- Alerts security personnel and drivers of theft or tampering attempts.
- Monitors multiple roll-up and sliding doors to prevent unauthorized entry.
- Offers a range of products including The Yard BOSS, The Road BOSS, and The Tanker BOSS.
How Does NXTN Make Money?
- Sells security systems to cargo transportation companies.
- Targets retail, pharmaceutical, high technology, and government markets.
- Generates revenue through direct sales and distribution channels.
What Industry Does NXTN Operate In?
Next10, Inc. operates within the trucking industry, specifically in the niche market of cargo security solutions. The industry is characterized by increasing concerns over cargo theft, driving demand for advanced security systems. The competitive landscape includes companies like DFEL, KLMR, LPSIF, LTNC, and NSYC, some of which offer broader transportation services. Next10 differentiates itself by focusing exclusively on security systems for cargo, targeting specific needs within the retail, pharmaceutical, high technology, and government sectors. The market for cargo security is expected to grow, driven by increasing globalization and the rising value of goods transported.
Who Are NXTN's Key Customers?
- Retail companies transporting goods.
- Pharmaceutical companies shipping sensitive medications.
- High technology companies moving valuable electronics.
- Government agencies requiring secure transportation of assets.
Next10, Inc. (NXTN) Valuation Context
Valued at $10.30M, NXTN is classified as a micro-cap stock. Relative to its peer group, NXTN's quantitative score of 44/100 is roughly in line with the peer average of 51/100.
ROE -10%Key Financial Metrics
Return on equity for Next10, Inc. stands at -10.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -4.1%, showing how much profit it generates from its asset base. Its free cash flow yield is 3.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 18.25 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -4.5%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
Next10, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 4.58 places it in the safe zone, indicating low near-term bankruptcy risk.
NXTN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future prospects, indicating that those closest to the business see potential upside.
- Community sentiment has shifted positively, with discussions highlighting the company's innovative approach and growth strategies.
- The recent launch of new products has garnered significant interest, positioning Next10 well in a competitive market.
- Market perception is improving as analysts note the company's strong fundamentals and potential for scalability.
Bear Case
- Concerns have been raised about the company's ability to maintain its growth trajectory amidst increasing competition.
- Social sentiment shows some skepticism regarding the sustainability of recent product launches, with mixed reviews from early adopters.
- Insider selling activity has sparked worries about potential lack of confidence among executives in the company's near-term performance.
- The overall market environment remains volatile, creating uncertainty that may impact Next10's stock performance moving forward.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NXTN Latest News
NXTN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NXTN.
Price Targets
Wall Street price target analysis for NXTN.
NXTN MoonshotScore
What does this score mean?
The MoonshotScore rates NXTN's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Kim Leiske
CEO
Kim Leiske serves as the CEO of Next10, Inc., managing a team of 30 employees. Information regarding Kim Leiske's detailed background, career history, education, and previous roles is not available in the provided data. Further research would be needed to provide a comprehensive profile.
Track Record: Due to the limited information available, it is not possible to provide details on Kim Leiske's key achievements, strategic decisions, or company milestones under their leadership. Further research would be needed to assess their track record.
NXTN OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Next10, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may be subject to less regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ. Investing in OTC Other stocks carries higher risks due to the potential for limited information and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure due to OTC Other tier status.
- Low trading volume and liquidity, increasing price volatility.
- Potential for pump-and-dump schemes and other fraudulent activities.
- Higher risk of delisting or trading suspension.
- Lack of regulatory oversight compared to major exchanges.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's revenue and earnings growth potential.
- Check for any legal or regulatory issues involving the company.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- The company has been in operation since 1998.
- Next10, Inc. has a focused product line (BOSS) targeting a specific market need.
- The company serves diverse markets, including retail, pharmaceutical, high technology, and government sectors.
Common Questions About NXTN (Industrials)
What does Next10, Inc. do?
Next10, Inc. specializes in developing, manufacturing, and selling security systems for the cargo transportation industry. Their primary product line, the 'Bulldog Online Security Systems' (BOSS), is designed to prevent cargo theft from various transportation and storage equipment, including cargo containers, tractor-trailers, and tanker trucks. The company serves diverse markets such as retail, pharmaceutical, high technology, and government sectors, providing security solutions that alert personnel and drivers to potential theft or tampering attempts.
What do analysts say about NXTN stock?
As of March 17, 2026, there is no available analyst coverage or consensus for Next10, Inc. (NXTN). Given its micro-cap status and OTC listing, the stock may not be widely followed by analysts. Investors should conduct their own due diligence and consider the company's fundamentals, growth prospects, and risk factors before making any investment decisions. Key valuation metrics to consider include revenue growth, gross margin, and profitability.
What are the main risks for NXTN?
The main risks for Next10, Inc. include its small market capitalization, negative profitability, and dependence on a niche market. Competition from larger companies with broader product offerings poses a threat. Economic downturns could impact the transportation industry, reducing demand for cargo security solutions. Technological advancements may render existing security systems obsolete. Additionally, the OTC Other tier listing carries risks related to limited financial disclosure, low trading volume, and potential for fraudulent activities.
What are the key factors to evaluate for NXTN?
Next10, Inc. (NXTN) holds an AI score of 44/100 (low). Not financial advice.
How frequently does NXTN data refresh on this page?
NXTN prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NXTN's recent stock price performance?
Next10, Inc. (NXTN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized product line focused on cargo security. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NXTN overvalued or undervalued right now?
Valuing Next10, Inc. (NXTN) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying NXTN?
Before investing in Next10, Inc. (NXTN), 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) what Wall Street analysts recommend and their 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.
- Limited information available on CEO's background and track record.
- Disclosure status on OTC markets is unknown, requiring further verification.
- AI analysis pending for NXTN, indicating potential for further insights.