Nextpower (NASDAQ:NXT) Given New $105.00 Price Target at TD Cowen

Nextpower (NASDAQ:NXT) had its target price boosted by equities research analysts at TD Cowen from $88.00 to $105.00 in a report issued on Wednesday. The brokerage currently has a “hold” rating on the stock. TD Cowen’s price target suggests a potential downside of 0.86% from the stock’s current price.

A number of other brokerages also recently commented on NXT. Citigroup upgraded Nextpower from a “neutral” rating to a “buy” rating and increased their price objective for the company from $66.00 to $114.00 in a research report on Tuesday, October 21st. Needham & Company LLC assumed coverage on Nextpower in a research report on Wednesday, October 22nd. They set a “buy” rating and a $102.00 target price on the stock. Bank of America increased their price target on Nextpower from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Wall Street Zen cut Nextpower from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Finally, JPMorgan Chase & Co. boosted their price objective on Nextpower from $92.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.82.

Nextpower Stock Performance

Shares of NXT stock opened at $105.91 on Wednesday. Nextpower has a 1 year low of $36.06 and a 1 year high of $112.74. The business’s fifty day moving average is $91.94 and its 200-day moving average is $81.04. The stock has a market cap of $15.72 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 3.36 and a beta of 2.38.

Insider Buying and Selling at Nextpower

In related news, CAO David P. Bennett sold 33,725 shares of Nextpower stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $88.08, for a total transaction of $2,970,498.00. Following the completion of the sale, the chief accounting officer owned 130,967 shares of the company’s stock, valued at approximately $11,535,573.36. This trade represents a 20.48% 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. Also, CEO Daniel S. Shugar sold 47,743 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $91.28, for a total value of $4,357,981.04. Following the completion of the transaction, the chief executive officer directly owned 624,882 shares in the company, valued at approximately $57,039,228.96. The trade was a 7.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,468 shares of company stock valued at $8,246,979 in the last quarter. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Nextpower

A number of hedge funds have recently added to or reduced their stakes in NXT. Signaturefd LLC grew its position in Nextpower by 4.1% in the fourth quarter. Signaturefd LLC now owns 3,216 shares of the company’s stock worth $280,000 after acquiring an additional 126 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Nextpower by 16.8% in the 3rd quarter. Allworth Financial LP now owns 979 shares of the company’s stock valued at $72,000 after purchasing an additional 141 shares during the last quarter. Natural Investments LLC boosted its holdings in Nextpower by 0.9% in the third quarter. Natural Investments LLC now owns 16,750 shares of the company’s stock worth $1,239,000 after purchasing an additional 155 shares in the last quarter. Fifth Third Bancorp increased its position in Nextpower by 15.9% during the third quarter. Fifth Third Bancorp now owns 1,264 shares of the company’s stock worth $94,000 after buying an additional 173 shares during the last quarter. Finally, Baillie Gifford & Co. increased its position in Nextpower by 76.5% during the fourth quarter. Baillie Gifford & Co. now owns 420 shares of the company’s stock worth $37,000 after buying an additional 182 shares during the last quarter. Institutional investors and hedge funds own 67.41% of the company’s stock.

Nextpower News Summary

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

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.