Susquehanna Forecasts Strong Price Appreciation for Nextpower (NASDAQ:NXT) Stock

Nextpower (NASDAQ:NXT) had its target price boosted by stock analysts at Susquehanna from $136.00 to $161.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “positive” rating on the stock. Susquehanna’s price objective suggests a potential upside of 28.42% from the company’s previous close.

Other analysts have also issued research reports about the stock. Jefferies Financial Group lifted their target price on shares of Nextpower from $122.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, March 17th. Wall Street Zen lowered shares of Nextpower from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Wells Fargo & Company raised their price target on shares of Nextpower from $109.00 to $127.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. The Goldman Sachs Group set a $140.00 price target on shares of Nextpower and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft set a $129.00 price target on shares of Nextpower and gave the stock a “buy” rating in a research note on Thursday, April 9th. One 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 company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $122.29.

Nextpower Stock Performance

NXT stock opened at $125.37 on Wednesday. The firm has a market cap of $18.61 billion, a PE ratio of 32.06, a P/E/G ratio of 6.00 and a beta of 1.60. The firm’s fifty day moving average is $115.69 and its 200 day moving average is $105.39. Nextpower has a one year low of $51.69 and a one year high of $134.32.

Nextpower (NASDAQ:NXT) last released its quarterly earnings results on Tuesday, May 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.89 by $0.16. Nextpower had a net margin of 16.43% and a return on equity of 32.01%. The company 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. Research analysts predict that Nextpower will post 3.72 earnings per share for the current fiscal year.

Insider Activity at Nextpower

In related news, CEO Daniel S. Shugar sold 59,456 shares of the business’s stock in a transaction 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 transaction, the chief executive officer owned 746,339 shares in the company, valued at approximately $78,492,472.63. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Westfield Capital Management Co. LP boosted its stake in Nextpower by 6.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,398,057 shares of the company’s stock worth $103,442,000 after purchasing an additional 80,493 shares during the period. New York Life Investment Management LLC acquired a new stake in Nextpower during the 3rd quarter worth $1,008,000. Belpointe Asset Management LLC acquired a new stake in Nextpower during the 3rd quarter worth $832,000. Strs Ohio boosted its stake in Nextpower by 219.8% during the 3rd quarter. Strs Ohio now owns 110,000 shares of the company’s stock worth $8,139,000 after purchasing an additional 75,600 shares during the period. Finally, American Century Companies Inc. boosted its stake in Nextpower by 23.4% during the 3rd quarter. American Century Companies Inc. now owns 675,886 shares of the company’s stock worth $50,009,000 after purchasing an additional 128,296 shares during the period. Institutional investors and hedge funds own 67.41% of the company’s stock.

Trending Headlines about Nextpower

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower beat expectations with Q4 EPS of $1.05 versus $0.89 expected, and revenue of $880.5 million versus $826.3 million expected, reinforcing that demand and profitability remained strong. Conference Call and Earnings Release
• Positive Sentiment: The company reported solid margins and net income, with GAAP net income of $151 million and a 33.8% gross margin, suggesting efficient execution even as revenue was slightly below the prior quarter. Fiscal Year 2026 Financial Results
• Positive Sentiment: Investor enthusiasm was further boosted by the announcement of a definitive agreement to acquire Zigor Corporation’s power conversion business and Apex Power, which should expand Nextpower’s product portfolio and support entry into battery energy storage and related markets. Acquisition Announcement
• Neutral Sentiment: Management’s FY2027 guidance was mixed relative to expectations: EPS guidance of 4.210-4.590 came in slightly below the consensus view, while revenue guidance of $3.8 billion-$4.1 billion was broadly in line with forecasts.
• Neutral Sentiment: Several pre-earnings articles focused on analyst expectations, sentiment, and leadership/governance changes, but the main stock-moving catalyst today was the earnings beat and acquisition news. Earnings Call Transcript

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.