Nextpower (NASDAQ:NXT) Updates FY 2027 Earnings Guidance

Nextpower (NASDAQ:NXT) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.210-4.590 for the period, compared to the consensus earnings per share estimate of 4.600. The company issued revenue guidance of $3.8 billion-$4.1 billion, compared to the consensus revenue estimate of $3.9 billion.

Nextpower Stock Down 0.7%

Shares of Nextpower stock traded down $0.89 during trading hours on Tuesday, reaching $125.37. 5,539,530 shares of the company’s stock were exchanged, compared to its average volume of 1,974,223. The business has a fifty day moving average of $115.28 and a two-hundred day moving average of $105.13. The company has a market capitalization of $18.61 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 5.99 and a beta of 1.60. Nextpower has a 1 year low of $51.69 and a 1 year high of $134.32.

Nextpower (NASDAQ:NXT) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.16. Nextpower had a net margin of 16.43% and a return on equity of 32.01%. The firm had revenue of $880.52 million for the quarter, compared to analyst estimates of $826.26 million. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. As a group, research analysts predict that Nextpower will post 3.72 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Susquehanna boosted their target price on Nextpower from $133.00 to $136.00 and gave the stock a “positive” rating in a report on Thursday, April 9th. Needham & Company LLC increased their price target on Nextpower from $103.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, January 29th. BMO Capital Markets reiterated a “market perform” rating and set a $104.00 price objective on shares of Nextpower in a research report on Wednesday, January 28th. KeyCorp reissued an “overweight” rating on shares of Nextpower in a research note on Friday, March 13th. Finally, Wells Fargo & Company upped their target price on Nextpower from $109.00 to $127.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.79.

Insider Buying and Selling at Nextpower

In other news, CEO Daniel S. Shugar sold 59,456 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 746,339 shares in the company, valued at $78,492,472.63. This trade represents a 7.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.56% of the stock is currently owned by company insiders.

Key Nextpower News

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower reported quarterly EPS of $1.05, beating the $0.89 consensus, while revenue came in at $880.5 million versus expectations of $826.3 million, highlighting solid demand and execution. Nextpower Reports Q4 and Fiscal Year 2026 Financial Results
• Positive Sentiment: The company announced a definitive agreement to acquire Zigor Corporation’s power conversion business and Apex Power, a deal that should expand Nextpower’s product lineup and support growth in utility-scale solar and battery energy storage. Nextpower Announces Definitive Agreement to Acquire Advanced Power Conversion Product Portfolio
• Neutral Sentiment: Several pre-earnings reports and analyst notes framed expectations around the upcoming results and broader solar-stock sentiment, but they were mostly commentary rather than new company-specific fundamentals. Nextpower Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Neutral Sentiment: Coverage around analyst views, short interest, and governance/leadership changes may affect sentiment, but these items did not provide a clear near-term operating impact. Nextpower Legal Leadership Shift Puts Governance And Growth Under The Spotlight

Institutional Investors Weigh In On Nextpower

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NXT. Smartleaf Asset Management LLC increased its stake in Nextpower by 107.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 299 shares of the company’s stock worth $26,000 after purchasing an additional 155 shares during the period. First Citizens Bank & Trust Co. boosted its stake in shares of Nextpower by 2.1% in the fourth quarter. First Citizens Bank & Trust Co. now owns 8,992 shares of the company’s stock valued at $783,000 after purchasing an additional 184 shares during the period. Redwood Investment Management LLC grew its holdings in shares of Nextpower by 4.1% in the second quarter. Redwood Investment Management LLC now owns 5,177 shares of the company’s stock valued at $281,000 after purchasing an additional 204 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Nextpower by 16.2% in the fourth quarter. UMB Bank n.a. now owns 1,783 shares of the company’s stock valued at $155,000 after purchasing an additional 249 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its stake in Nextpower by 39.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 925 shares of the company’s stock worth $81,000 after buying an additional 262 shares during the period. Hedge funds and other institutional investors own 67.41% of the company’s stock.

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.