Left Brain Wealth Management LLC Takes Position in Nextpower Inc. $NXT

Left Brain Wealth Management LLC purchased a new stake in shares of Nextpower Inc. (NASDAQ:NXT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,695 shares of the company’s stock, valued at approximately $409,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Signaturefd LLC grew its holdings in shares of Nextpower by 4.1% during the fourth quarter. Signaturefd LLC now owns 3,216 shares of the company’s stock valued at $280,000 after buying an additional 126 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Nextpower by 16.8% during the third quarter. Allworth Financial LP now owns 979 shares of the company’s stock valued at $72,000 after buying an additional 141 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Nextpower by 15.9% during the third quarter. Fifth Third Bancorp now owns 1,264 shares of the company’s stock valued at $94,000 after buying an additional 173 shares in the last quarter. Baillie Gifford & Co. grew its holdings in shares of Nextpower by 76.5% during the fourth quarter. Baillie Gifford & Co. now owns 420 shares of the company’s stock valued at $37,000 after buying an additional 182 shares in the last quarter. Finally, CWM LLC grew its holdings in shares of Nextpower by 3.2% during the fourth quarter. CWM LLC now owns 5,978 shares of the company’s stock valued at $521,000 after buying an additional 183 shares in the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

Insider Transactions at Nextpower

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

Nextpower News Summary

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower beat EPS estimates by 6.2%, reinforcing the view that demand and profitability are holding up better than expected. Analysts are now updating their forecasts and outlooks after the latest results. Nextpower Inc. Just Beat EPS By 6.2%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Management’s Q4 earnings call highlighted strong yearly growth, while the company’s recent beat-and-raise results and backlog support the bullish case for continued expansion. Nextpower Inc (NXT) Q4 2026 Earnings Call Highlights: Strong Yearly Growth Amidst Short-Term …
• Positive Sentiment: Nextpower agreed to buy Zigor assets, expanding into storage and data centers, which could open new revenue streams and strengthen its long-term growth profile. Nextpower Buys Zigor Assets To Expand Into Storage And Data Centers
• Positive Sentiment: Several firms raised price targets or issued constructive forecasts, including Mizuho, TD Cowen, BMO Capital Markets, Susquehanna, and JPMorgan, which is helping fuel investor optimism. Nextpower (NASDAQ:NXT) Given New $135.00 Price Target at TD Cowen
• Neutral Sentiment: One market note says the stock may be getting ahead of fundamentals after a massive run since late 2024, suggesting the shares could be overvalued even though the long-term outlook remains positive. Nextpower: Mind The Hype As Its Apex Acquisition Locks It Into Data Center Growth
• Neutral Sentiment: Mizuho raised its price target but kept a neutral rating, implying some upside is already priced in at current levels. Mizuho price target change

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NXT. Weiss Ratings reiterated a “buy (b-)” rating on shares of Nextpower in a report on Friday, March 27th. Susquehanna lifted their price target on Nextpower from $136.00 to $161.00 and gave the company a “positive” rating in a report on Wednesday. JPMorgan Chase & Co. lifted their price target on Nextpower from $125.00 to $155.00 and gave the company an “overweight” rating in a report on Wednesday. Roth Mkm reissued a “buy” rating and set a $155.00 price objective on shares of Nextpower in a research report on Wednesday. Finally, Loop Capital set a $135.00 price objective on Nextpower in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Nextpower has an average rating of “Moderate Buy” and an average price target of $135.71.

Nextpower Trading Up 1.1%

NXT opened at $144.29 on Friday. The stock has a market cap of $21.42 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 6.84 and a beta of 1.60. Nextpower Inc. has a 1 year low of $51.69 and a 1 year high of $156.78. The stock has a fifty day moving average price of $117.98 and a 200 day moving average price of $106.30.

Nextpower (NASDAQ:NXT) last released its quarterly earnings data on Tuesday, May 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.16. The firm had revenue of $880.52 million during the quarter, compared to analysts’ expectations of $826.26 million. Nextpower had a return on equity of 28.18% and a net margin of 16.46%.Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. As a group, sell-side analysts forecast that Nextpower Inc. will post 3.8 earnings per share for the current fiscal year.

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.