Northland Securities Estimates Nextpower FY2026 Earnings

Nextpower Inc. (NASDAQ:NXT) – Northland Securities boosted their FY2026 EPS estimates for shares of Nextpower in a note issued to investors on Wednesday, January 28th. Northland Securities analyst G. Richard now expects that the company will post earnings of $3.72 per share for the year, up from their prior forecast of $3.46. Northland Securities has a “Strong-Buy” rating on the stock. The consensus estimate for Nextpower’s current full-year earnings is $3.29 per share. Northland Securities also issued estimates for Nextpower’s Q4 2026 earnings at $0.76 EPS, Q1 2027 earnings at $0.92 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $0.97 EPS, Q4 2027 earnings at $0.97 EPS and FY2027 earnings at $3.88 EPS.

Nextpower (NASDAQ:NXT) last posted its earnings results 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 analyst estimates of $812.43 million.

A number of other research firms also recently issued reports on NXT. Needham & Company LLC raised their price target on Nextpower from $103.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. UBS Group raised their target price on Nextpower from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Bank of America boosted their price target on Nextpower from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Citigroup raised shares of Nextpower from a “neutral” rating to a “buy” rating and upped their price target for the company from $66.00 to $114.00 in a research report on Tuesday, October 21st. Finally, Wall Street Zen downgraded shares of Nextpower from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 25th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $108.32.

Nextpower Trading Down 1.3%

NASDAQ:NXT opened at $115.60 on Monday. The company has a market cap of $17.15 billion, a PE ratio of 29.57, a price-to-earnings-growth ratio of 3.45 and a beta of 2.34. The company has a 50 day simple moving average of $94.42 and a two-hundred day simple moving average of $82.65. Nextpower has a 12 month low of $36.06 and a 12 month high of $131.59.

Institutional Investors Weigh In On Nextpower

Several large investors have recently made changes to their positions in NXT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Nextpower by 19.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 437,490 shares of the company’s stock worth $18,436,000 after purchasing an additional 71,842 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Nextpower by 22.2% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 55,000 shares of the company’s stock valued at $2,990,000 after purchasing an additional 10,000 shares during the last quarter. Hilltop National Bank purchased a new stake in Nextpower in the 2nd quarter worth about $140,000. 111 Capital bought a new stake in Nextpower in the second quarter worth about $550,000. Finally, KLP Kapitalforvaltning AS boosted its position in shares of Nextpower by 6.0% during the second quarter. KLP Kapitalforvaltning AS now owns 30,095 shares of the company’s stock valued at $1,636,000 after buying an additional 1,700 shares during the period. 67.41% of the stock is owned by institutional investors.

Insider Transactions at Nextpower

In other Nextpower news, CAO David P. Bennett sold 33,725 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $88.08, for a total value of $2,970,498.00. Following the completion of the sale, the chief accounting officer owned 130,967 shares in the company, valued at approximately $11,535,573.36. This represents a 20.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Daniel S. Shugar sold 47,743 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 624,882 shares in the company, valued at $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 a total of 96,468 shares of company stock valued at $8,839,829 over the last three months. Corporate insiders own 0.56% 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.