NextPlat Corp (NASDAQ:NXPL) is a technology company that emerged from a series of strategic mergers and acquisitions to become a diversified provider of mobile satellite services and healthcare solutions. Originally founded as Orbsat Corp in 1999, the company went public and operated primarily in satellite communications before rebranding to NextPlat Corp in January 2022. The transformation accelerated with the completion of a merger with Progressive Care in 2024, which added a substantial healthcare segment to its operations. Today, NextPlat operates two main business divisions: an e-commerce segment focused on satellite communication products and services, and a healthcare segment providing pharmacy services primarily to underserved communities. Headquartered in Coconut Grove, Florida, the company serves customers across more than 140 countries while maintaining a significant domestic healthcare presence.
$8.30
−2.35%Price chart
Sep 30Oct 5Oct 8Oct 13Oct 16Oct 21Oct 26Oct 29
Key dataOct 29, 2026
Open$8.49
From 52W high−15.31%
Volume10071.00
Market cap$22.52M
P/E (TTM)—
P/S (TTM)0.5x
Div yield—
Key dataOct 29, 2026
Open
$8.49
From 52W high
−15.31%
Volume
10071.00
Market cap
$22.52M
ValuationView details →
P/E (Fwd)
16.6x
EV/EBITDA
−1.6x
P/E (TTM)
—
RSI (14)
41.5
MomentumView details →
1D Return
−2.35%
YTD Return
+58.24%
SummaryUpdated Jun 1, 2026
Latest newsMore news →
NextPlat said its wholly owned pharmacy subsidiary NextPlat Corp intends to launch automated prescription dispensing at select customer clinics and facilities using VendRx kiosks.8d agoNextPlat Corp opened a new NextPlat Corp pharmacy location in Jacksonville, Florida, expanding its statewide network and offering services to 340B providers, long-term care facilities and specialty pharmacy patients.17d ago