Nextpower (NASDAQ:NXT) Posts Earnings Results, Beats Estimates By $0.16 EPS

Nextpower (NASDAQ:NXT) announced its quarterly earnings data on Tuesday. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.16, FiscalAI reports. The business had revenue of $880.52 million during the quarter, compared to analyst estimates of $826.26 million. Nextpower had a net margin of 16.43% and a return on equity of 32.01%. Nextpower updated its FY 2027 guidance to 4.210-4.590 EPS.

Nextpower Price Performance

Shares of Nextpower stock traded down $0.89 during midday trading on Tuesday, hitting $125.37. 5,544,640 shares of the company were exchanged, compared to its average volume of 1,974,223. The firm has a market cap of $18.61 billion, a P/E ratio of 32.06, a PEG ratio of 5.99 and a beta of 1.60. Nextpower has a 52 week low of $51.69 and a 52 week high of $134.32. The firm has a 50 day simple moving average of $115.28 and a 200-day simple moving average of $105.13.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. UBS Group boosted their price objective on Nextpower from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Mizuho set a $81.00 price objective on Nextpower in a research report on Friday, January 23rd. Wells Fargo & Company boosted their price objective on Nextpower from $109.00 to $127.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Jefferies Financial Group boosted their price objective on Nextpower from $122.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, March 17th. Finally, Susquehanna boosted their price objective on Nextpower from $133.00 to $136.00 and gave the company a “positive” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned 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 an average price target of $117.79.

Nextpower News Roundup

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

Insider Activity at Nextpower

In related news, CEO Daniel S. Shugar sold 59,456 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was 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 $78,492,472.63. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is owned by company insiders.

Institutional Investors Weigh In On Nextpower

A number of hedge funds have recently made changes to their positions in the company. State Street Corp increased its position in shares of Nextpower by 0.6% during 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. increased its position in shares of Nextpower by 5.1% during the 4th quarter. Invesco Ltd. now owns 2,864,660 shares of the company’s stock worth $249,541,000 after purchasing an additional 139,211 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Nextpower by 4.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,429,410 shares of the company’s stock worth $211,627,000 after purchasing an additional 111,782 shares in the last quarter. Amundi increased its position in shares of Nextpower by 156.1% during the 3rd quarter. Amundi now owns 2,111,628 shares of the company’s stock worth $161,600,000 after purchasing an additional 1,287,071 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Nextpower by 0.3% during the 3rd quarter. Northern Trust Corp now owns 1,885,186 shares of the company’s stock worth $139,485,000 after purchasing an additional 5,553 shares in the last quarter. Institutional investors and hedge funds 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.