Nextpower (NASDAQ:NXT) Cut to Buy at Wall Street Zen

Wall Street Zen downgraded shares of Nextpower (NASDAQ:NXT) from a strong-buy rating to a buy rating in a research report report published on Sunday morning.

A number of other analysts have also weighed in on NXT. Bank of America upped their price target on shares of Nextpower from $102.00 to $108.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Guggenheim set a $74.00 target price on Nextpower in a research report on Wednesday, October 22nd. TD Cowen reaffirmed a “hold” rating on shares of Nextpower in a research report on Friday, October 24th. Northland Securities set a $111.00 target price on Nextpower in a research report on Tuesday, January 6th. Finally, Robert W. Baird set a $100.00 price objective on shares of Nextpower in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.10.

Nextpower Stock Down 1.3%

Shares of NASDAQ NXT opened at $105.91 on Friday. The stock has a market capitalization of $15.72 billion, a P/E ratio of 27.51, a P/E/G ratio of 3.36 and a beta of 2.38. The firm’s 50-day moving average price is $91.94 and its two-hundred day moving average price is $81.04. Nextpower has a 52-week low of $36.06 and a 52-week high of $112.74.

Insider Transactions at Nextpower

In related news, Director William D. Watkins sold 10,000 shares of Nextpower stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $91.85, for a total transaction of $918,500.00. Following the transaction, the director owned 16,777 shares of the company’s stock, valued at $1,540,967.45. The trade was a 37.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 value of $2,970,498.00. Following the sale, the chief accounting officer directly owned 130,967 shares of the company’s stock, valued at $11,535,573.36. The trade was a 20.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 91,468 shares of company stock valued at $8,246,979 in the last quarter. 0.56% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Nextpower

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Evergreen Capital Management LLC boosted its stake in shares of Nextpower by 8.5% in the 4th quarter. Evergreen Capital Management LLC now owns 9,528 shares of the company’s stock valued at $830,000 after purchasing an additional 748 shares in the last quarter. PFG Advisors lifted its stake in Nextpower by 4.1% in the fourth quarter. PFG Advisors now owns 8,828 shares of the company’s stock worth $769,000 after acquiring an additional 345 shares during the period. Tred Avon Family Wealth LLC bought a new stake in Nextpower during the 4th quarter valued at approximately $238,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its position in shares of Nextpower by 52.3% in the 4th quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 163,000 shares of the company’s stock worth $14,199,000 after buying an additional 56,000 shares during the period. Finally, Covenant Partners LLC bought a new stake in shares of Nextpower in the 4th quarter worth approximately $207,000. Hedge funds and other institutional investors own 67.41% of the company’s stock.

Trending Headlines about Nextpower

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Q4/Q3 earnings and revenue beat expectations — Nextpower reported $1.10 EPS vs. a $0.93 consensus and revenue of $909.4M vs. ~$812M expected, with a healthy net margin (17.1%) and ROE (35%). The results and upbeat metrics are the main catalyst behind the stock’s jump after the print. View Press Release
• Positive Sentiment: Large commercial win via Nextpower Arabia JV — The Nextpower/Abunayyan JV will supply 2.25 GW of smart solar trackers to Larsen & Toubro for the ACWA Power?led Bisha Solar project in Saudi Arabia, a material order that supports near?term revenue visibility and international growth. Nextpower Arabia to Supply 2.25 GW…
• Neutral Sentiment: Broad media coverage and analyst notes emphasize the upside surprise and upward revisions — multiple outlets highlighted the beat and strong revenue, which can amplify short?term trading activity but don’t guarantee sustained momentum. Nextpower (NASDAQ:NXT) Surprises With Strong Q4 CY2025, Stock Soars
• Negative Sentiment: Intraday pullback and heavy volume — despite the strong fundamentals, the stock moved lower during mid?day trading on high volume, indicating profit?taking or short?term rebalancing by traders. This increases volatility risk in the near term. Market data

Nextpower Company Profile

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.