Nextpower (NXT) Set to Release Quarterly Earnings on Wednesday

Nextpower (NASDAQ:NXT) is expected to release its Q2 2027 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.11 per share and revenue of $1.07 billion for the quarter. Interested persons may visit the company’s upcoming Q2 2027 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

Nextpower (NASDAQ:NXT) last announced its earnings results on Thursday, July 30th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.15. The business had revenue of $935.17 million for the quarter, compared to analyst estimates of $935.39 million. Nextpower had a net margin of 16.36% and a return on equity of 26.29%. On average, analysts expect Nextpower to post $3.80 EPS for the current fiscal year and $4.55 EPS for the next fiscal year.

Nextpower Stock Down 3.1%

NXT stock opened at $76.48 on Tuesday. Nextpower has a 52 week low of $75.40 and a 52 week high of $163.13. The firm has a 50-day simple moving average of $83.90 and a 200-day simple moving average of $106.98. The stock has a market capitalization of $11.60 billion, a P/E ratio of 19.81, a P/E/G ratio of 1.90 and a beta of 1.94.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Guggenheim raised Nextpower from a “neutral” rating to a “buy” rating and set a $125.00 target price for the company in a report on Wednesday, July 15th. Citigroup reduced their price objective on Nextpower from $121.00 to $111.00 and set a “buy” rating for the company in a research note on Wednesday, October 21st. Zacks Research lowered Nextpower from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Mizuho decreased their price objective on Nextpower from $111.00 to $101.00 and set a “neutral” rating on the stock in a report on Thursday, October 15th. Finally, Glj Research reaffirmed a “buy” rating and set a $149.00 target price on shares of Nextpower in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.77.

Insider Buying and Selling

In other news, CEO Daniel S. Shugar sold 67,636 shares of Nextpower stock in a transaction on Monday, August 10th. The stock was sold at an average price of $103.07, for a total transaction of $6,971,242.52. Following the transaction, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julia Blunden sold 3,692 shares of Nextpower stock in a transaction on Monday, August 24th. The stock was sold at an average price of $84.10, for a total value of $310,497.20. Following the transaction, the director owned 2,742 shares in the company, valued at approximately $230,602.20. This represents a 57.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 100,431 shares of company stock worth $10,039,748 over the last quarter. Corporate insiders own 0.84% of the company’s stock.

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.