Nextpower Inc. $NXT Position Raised by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd increased its position in shares of Nextpower Inc. (NASDAQ:NXT) by 53.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,319 shares of the company’s stock after purchasing an additional 3,573 shares during the period. Swiss Life Asset Management Ltd’s holdings in Nextpower were worth $899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Westfield Capital Management Co. LP increased its holdings in shares of Nextpower by 6.1% in the third quarter. Westfield Capital Management Co. LP now owns 1,398,057 shares of the company’s stock valued at $103,442,000 after buying an additional 80,493 shares in the last quarter. New York Life Investment Management LLC bought a new position in shares of Nextpower in the third quarter valued at $1,008,000. Belpointe Asset Management LLC bought a new position in shares of Nextpower in the third quarter valued at $832,000. Strs Ohio increased its holdings in shares of Nextpower by 219.8% in the third quarter. Strs Ohio now owns 110,000 shares of the company’s stock valued at $8,139,000 after buying an additional 75,600 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Nextpower by 23.4% in the third quarter. American Century Companies Inc. now owns 675,886 shares of the company’s stock valued at $50,009,000 after buying an additional 128,296 shares in the last quarter. Institutional investors own 67.41% of the company’s stock.

More Nextpower News

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower beat EPS estimates by 6.2%, reinforcing the view that demand and profitability are holding up better than expected. Analysts are now updating their forecasts and outlooks after the latest results. Nextpower Inc. Just Beat EPS By 6.2%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Management’s Q4 earnings call highlighted strong yearly growth, while the company’s recent beat-and-raise results and backlog support the bullish case for continued expansion. Nextpower Inc (NXT) Q4 2026 Earnings Call Highlights: Strong Yearly Growth Amidst Short-Term …
• Positive Sentiment: Nextpower agreed to buy Zigor assets, expanding into storage and data centers, which could open new revenue streams and strengthen its long-term growth profile. Nextpower Buys Zigor Assets To Expand Into Storage And Data Centers
• Positive Sentiment: Several firms raised price targets or issued constructive forecasts, including Mizuho, TD Cowen, BMO Capital Markets, Susquehanna, and JPMorgan, which is helping fuel investor optimism. Nextpower (NASDAQ:NXT) Given New $135.00 Price Target at TD Cowen
• Neutral Sentiment: One market note says the stock may be getting ahead of fundamentals after a massive run since late 2024, suggesting the shares could be overvalued even though the long-term outlook remains positive. Nextpower: Mind The Hype As Its Apex Acquisition Locks It Into Data Center Growth
• Neutral Sentiment: Mizuho raised its price target but kept a neutral rating, implying some upside is already priced in at current levels. Mizuho price target change

Nextpower Stock Performance

NASDAQ NXT opened at $144.29 on Friday. Nextpower Inc. has a twelve month low of $51.69 and a twelve month high of $156.78. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 6.91 and a beta of 1.60. The firm’s 50 day moving average price is $117.98 and its two-hundred day moving average price is $106.30.

Nextpower (NASDAQ:NXT) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.16. Nextpower had a net margin of 16.46% and a return on equity of 28.18%. The firm had revenue of $880.52 million for the quarter, compared to analysts’ expectations of $826.26 million. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. On average, research analysts forecast that Nextpower Inc. will post 3.8 EPS for the current fiscal year.

Insider Activity at Nextpower

In other news, CEO Daniel S. Shugar sold 59,456 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $105.17, for a total transaction of $6,252,987.52. Following the transaction, the chief executive officer directly owned 746,339 shares in the company, valued at $78,492,472.63. The trade was a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on NXT shares. Citigroup upped their price target on Nextpower from $114.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of Nextpower from $125.00 to $155.00 and gave the stock an “overweight” rating in a research report on Wednesday. TD Cowen lifted their price objective on shares of Nextpower from $105.00 to $135.00 and gave the stock a “hold” rating in a research report on Wednesday. Wall Street Zen cut shares of Nextpower from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Needham & Company LLC lifted their price objective on shares of Nextpower from $103.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $135.71.

About Nextpower

Nextpower, formerly known as Nextracker, is traded on NASDAQ under the symbol NXT and is a leading provider of advanced solar tracking solutions for utility-scale and distributed energy projects. The company specializes in the design, engineering and manufacturing of single-axis tracker systems that optimize the capture of solar energy by following the sun’s trajectory throughout the day. Nextpower’s core hardware offerings aim to enhance energy yield, reduce balance-of-system costs and simplify installation and maintenance for downstream solar developers and operators.

In addition to its tracker hardware, Nextpower provides a suite of digital software and analytics tools to maximize asset performance.