Nextpower (NASDAQ:NXT) Announces FY 2027 Earnings Guidance

Nextpower (NASDAQ:NXT) updated its FY 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 4.610-4.870 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of $4.2 billion-$4.5 billion, compared to the consensus revenue estimate of $4.3 billion.

Analyst Ratings Changes

Several research firms have issued reports on NXT. Susquehanna dropped their price objective on Nextpower from $150.00 to $145.00 and set a “positive” rating on the stock in a research note on Thursday. TD Cowen raised Nextpower to a “hold” rating in a research note on Monday, October 5th. BMO Capital Markets reduced their price objective on shares of Nextpower from $132.00 to $114.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 21st. UBS Group reaffirmed a “buy” rating on shares of Nextpower in a research report on Friday. Finally, Northland Securities set a $138.00 target price on Nextpower in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Nextpower has a consensus rating of “Moderate Buy” and a consensus price target of $137.00.

Nextpower Trading Down 1.0%

Shares of NASDAQ NXT opened at $79.06 on Friday. Nextpower has a 1-year low of $75.40 and a 1-year high of $163.13. The stock has a fifty day simple moving average of $82.58 and a two-hundred day simple moving average of $106.76. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 1.98 and a beta of 1.94.

Nextpower (NASDAQ:NXT) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.21. Nextpower had a return on equity of 26.13% and a net margin of 15.98%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.06 billion. Analysts forecast that Nextpower will post 3.80 EPS for the current year.

Insider Buying and Selling at Nextpower

In other news, CEO Daniel Shugar sold 67,636 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $103.07, for a total transaction of $6,971,242.52. Following the completion of the transaction, the chief executive officer directly owned 871,131 shares in the company, valued at $89,787,472.17. The trade was a 7.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brandi Thomas sold 7,415 shares of Nextpower stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $91.25, for a total value of $676,618.75. Following the sale, the director directly owned 7,914 shares of the company’s stock, valued at approximately $722,152.50. This trade represents a 48.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 100,431 shares of company stock worth $10,039,748 in the last ninety days. Insiders own 0.84% of the company’s stock.

Nextpower News Roundup

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower reported fiscal Q2 2027 adjusted EPS of $1.31, above the $1.10 consensus estimate, while revenue of $1.11 billion exceeded expectations of $1.06 billion. Earnings also increased from $1.19 per share a year earlier. Nextpower Q2 earnings and revenues beat estimates
• Positive Sentiment: The company issued fiscal 2027 EPS guidance of $4.61-$4.87, above the $4.50 analyst consensus. Revenue guidance of $4.2 billion-$4.5 billion brackets the $4.3 billion consensus, suggesting management remains confident in demand and execution.
• Positive Sentiment: Nextpower authorized a $500 million share repurchase, adding potential support for per-share earnings and signaling confidence in its balance sheet. Reports also highlighted 34% year-over-year revenue growth and a substantial backlog. Nextpower stock and $500 million buyback
• Neutral Sentiment: JPMorgan, Susquehanna and Needham each reduced their price targets modestly, but retained bullish ratings ranging from “overweight” to “buy.” Their revised targets remain substantially above the recent trading level, indicating analysts see considerable long-term upside.
• Negative Sentiment: Although sales and earnings beat estimates, reports noted margin pressure. The combination of lower analyst targets and declining margins could limit the stock’s near-term advance if profitability does not improve alongside revenue growth.

About Nextpower

Nextracker Inc is a renewable energy technology company that designs, manufactures and supplies intelligent solar-tracking systems for utility-scale and large commercial solar power projects. Its systems adjust the position of solar panels throughout the day to help photovoltaic modules capture more sunlight and improve energy production.

The company’s product portfolio includes single-axis solar trackers, structural components, foundations and related hardware, as well as software and controls designed to optimize tracker performance.