Nextpower (NASDAQ:NXT) Issues FY 2026 Earnings Guidance

Nextpower (NASDAQ:NXT) updated its FY 2026 earnings guidance on Saturday. The company provided EPS guidance of 4.260-4.360 for the period, compared to the consensus EPS estimate of 3.980. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Wall Street Analyst Weigh In

NXT has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of Nextpower from $109.00 to $127.00 and gave the stock an “overweight” rating in a research report on Wednesday. KeyCorp upgraded Nextpower from a “sector weight” rating to an “overweight” rating and set a $142.00 target price on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $119.00 price target on shares of Nextpower in a research note on Thursday. Citigroup upgraded shares of Nextpower from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $66.00 to $114.00 in a report on Tuesday, October 21st. Finally, Guggenheim set a $74.00 price target on Nextpower in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $108.32.

Nextpower Trading Down 3.3%

Shares of NASDAQ NXT opened at $117.09 on Friday. Nextpower has a 12 month low of $36.06 and a 12 month high of $131.59. The firm has a market capitalization of $17.37 billion, a price-to-earnings ratio of 29.95, a PEG ratio of 3.77 and a beta of 2.38. The business has a 50-day moving average of $93.85 and a 200-day moving average of $81.99.

Nextpower (NASDAQ:NXT) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.93 by $0.17. The firm had revenue of $909.35 million during the quarter, compared to the consensus estimate of $812.43 million. Nextpower had a net margin of 16.43% and a return on equity of 32.01%. On average, analysts predict that Nextpower will post 3.29 earnings per share for the current year.

Insiders Place Their Bets

In other Nextpower news, CAO David P. Bennett sold 33,725 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $88.08, for a total transaction of $2,970,498.00. Following the completion of the sale, the chief accounting officer directly owned 130,967 shares of the company’s stock, valued at $11,535,573.36. This trade represents a 20.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Daniel S. Shugar sold 47,743 shares of Nextpower stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $91.28, for a total value of $4,357,981.04. Following the completion of the sale, the chief executive officer directly owned 624,882 shares in the company, valued at $57,039,228.96. This trade represents a 7.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 91,468 shares of company stock worth $8,246,979. Company insiders own 0.56% of the company’s stock.

Nextpower News Summary

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Northland Securities raised its full‑year EPS outlook for FY2026 to $3.72 (from $3.46) and lifted its FY2027 forecast to $3.88, while maintaining a “Strong‑Buy” rating — a material upward revision to future earnings expectations that supports upside.
• Positive Sentiment: Northland also raised several quarterly estimates (Q1‑27 to $0.92 from $0.83; Q2‑27 to $1.03 from $1.02; Q4‑26 to $0.76 from $0.61), signaling stronger near‑term cadence.
• Positive Sentiment: Nextpower updated FY‑2026 guidance to EPS of $4.260–4.360 (well above consensus ~$3.98) and revenue guidance of roughly $3.4–3.5B — a clear beat vs. Street expectations that underpins the higher analyst forecasts.
• Positive Sentiment: Multiple analyst moves and media coverage boosted sentiment: Needham raised its price target to $138 with a Buy rating, TD Cowen raised its PT to $105 (reiterating Hold), and KeyBanc issued an upgrade after the quarter — these notes, plus coverage of a Saudi supply deal and the earnings beat, have supported recent momentum. Benzinga TD Cowen / coverage MSN
• Neutral Sentiment: A Seeking Alpha analysis highlights strong revenue/backlog and a large cash balance but notes compressed margins, slowing cash from operations, and a stretched valuation (>30x earnings) — useful context for longer‑term risk/reward. Article
• Negative Sentiment: Northland trimmed its Q3‑2027 estimate slightly (to $0.97 from $0.98) — a small downward revision that may concern traders focused on quarter‑to‑quarter consistency.

Institutional Investors Weigh In On Nextpower

Several institutional investors have recently bought and sold shares of the company. State Street Corp lifted its stake in Nextpower by 0.6% in the 3rd quarter. State Street Corp now owns 5,391,696 shares of the company’s stock worth $398,932,000 after purchasing an additional 31,689 shares in the last quarter. Invesco Ltd. raised its holdings in Nextpower by 9.9% in the 3rd quarter. Invesco Ltd. now owns 2,725,449 shares of the company’s stock valued at $201,656,000 after buying an additional 245,412 shares during the period. Amundi raised its position in Nextpower by 156.1% in the third quarter. Amundi now owns 2,111,628 shares of the company’s stock valued at $161,600,000 after purchasing an additional 1,287,071 shares during the period. Northern Trust Corp boosted its position in Nextpower by 0.3% in the 3rd quarter. Northern Trust Corp now owns 1,885,186 shares of the company’s stock valued at $139,485,000 after buying an additional 5,553 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Nextpower by 7.8% during the second quarter. Bank of America Corp DE now owns 1,154,093 shares of the company’s stock worth $62,748,000 after acquiring an additional 83,519 shares during the period. 67.41% of the stock is currently owned by institutional investors and hedge funds.

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.