Nextpower (NASDAQ:NXT) Releases FY 2026 Earnings Guidance

Nextpower (NASDAQ:NXT) updated its FY 2026 earnings guidance on Saturday. The company provided EPS guidance of 4.260-4.360 for the period, compared to the consensus EPS estimate of 3.980. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Nextpower Stock Performance

Shares of NXT stock opened at $117.09 on Friday. The firm has a market capitalization of $17.37 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 3.77 and a beta of 2.38. Nextpower has a one year low of $36.06 and a one year high of $131.59. The company has a 50 day moving average price of $93.85 and a 200 day moving average price of $81.99.

Nextpower (NASDAQ:NXT) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.17. Nextpower had a return on equity of 32.01% and a net margin of 16.43%.The business had revenue of $909.35 million during the quarter, compared to the consensus estimate of $812.43 million. As a group, equities analysts forecast that Nextpower will post 3.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NXT shares. Needham & Company LLC lifted their price objective on Nextpower from $103.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday. BMO Capital Markets reiterated a “market perform” rating and set a $104.00 price objective on shares of Nextpower in a research note on Wednesday. Wall Street Zen lowered shares of Nextpower from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 25th. TD Cowen upped their price target on shares of Nextpower from $88.00 to $105.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, The Goldman Sachs Group raised their price objective on Nextpower from $89.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.32.

Insider Buying and Selling at Nextpower

In related news, CEO Daniel S. Shugar sold 47,743 shares of Nextpower stock in a transaction on Monday, November 17th. The shares were sold at an average price of $91.28, for a total value of $4,357,981.04. Following the completion of the sale, the chief executive officer 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO David P. Bennett sold 33,725 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were 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 directly owned 130,967 shares in the company, valued at $11,535,573.36. This represents 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 worth $8,246,979 in the last 90 days. 0.56% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Nextpower

Institutional investors have recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Nextpower by 19.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 437,490 shares of the company’s stock valued at $18,436,000 after buying an additional 71,842 shares during the last quarter. M&T Bank Corp bought a new position in Nextpower during the second quarter worth $223,000. EverSource Wealth Advisors LLC boosted its holdings in Nextpower by 179.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,127 shares of the company’s stock worth $61,000 after purchasing an additional 724 shares during the period. Cerity Partners LLC raised its holdings in shares of Nextpower by 154.0% during the second quarter. Cerity Partners LLC now owns 18,539 shares of the company’s stock worth $1,008,000 after purchasing an additional 11,239 shares during the period. Finally, California Public Employees Retirement System lifted its position in shares of Nextpower by 36.5% in the 2nd quarter. California Public Employees Retirement System now owns 222,960 shares of the company’s stock worth $12,122,000 after buying an additional 59,573 shares during the last quarter. Institutional investors and hedge funds own 67.41% of the company’s stock.

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.