Nextpower Inc. (NASDAQ:NXT) Receives Average Rating of “Moderate Buy” from Analysts

Nextpower Inc. (NASDAQ:NXT) has received a consensus rating of “Moderate Buy” from the twenty-seven ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $146.12.

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $137.00 price target on Nextpower in a report on Monday. Needham & Company LLC reissued a “buy” rating and issued a $149.00 price objective on shares of Nextpower in a research report on Friday, May 29th. Zacks Research upgraded shares of Nextpower from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Susquehanna reduced their target price on shares of Nextpower from $168.00 to $157.00 and set a “positive” rating for the company in a report on Friday, July 31st. Finally, Royal Bank Of Canada decreased their price target on shares of Nextpower from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st.

Insider Activity

In other news, CEO Daniel S. Shugar sold 26,077 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $134.72, for a total transaction of $3,513,093.44. Following the completion of the sale, the chief executive officer owned 931,419 shares in the company, valued at $125,480,767.68. The trade was a 2.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Nicholas Marco Miller sold 22,427 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $156.00, for a total value of $3,498,612.00. Following the completion of the transaction, the chief operating officer directly owned 186,194 shares in the company, valued at $29,046,264. The trade was a 10.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 170,863 shares of company stock valued at $22,782,306. Company insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Nextpower by 0.6% in the third quarter. State Street Corp now owns 5,391,696 shares of the company’s stock valued at $398,932,000 after acquiring an additional 31,689 shares during the period. Geode Capital Management LLC increased its position in Nextpower by 6.3% during the fourth quarter. Geode Capital Management LLC now owns 4,021,741 shares of the company’s stock worth $350,385,000 after acquiring an additional 236,593 shares during the period. Invesco Ltd. raised its stake in Nextpower by 5.1% in 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 raised its stake in Nextpower by 4.8% in 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. Finally, Amundi boosted its holdings in Nextpower by 156.1% in the 3rd quarter. Amundi now owns 2,111,628 shares of the company’s stock valued at $161,600,000 after purchasing an additional 1,287,071 shares during the period. 67.41% of the stock is owned by institutional investors and hedge funds.

Nextpower Stock Down 1.4%

NXT opened at $98.43 on Friday. Nextpower has a 12-month low of $52.61 and a 12-month high of $163.13. The stock has a market cap of $14.79 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 2.00 and a beta of 1.95. The business has a 50 day moving average of $114.55 and a 200-day moving average of $116.38.

Nextpower (NASDAQ:NXT) last issued its earnings results on Thursday, July 30th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.05 by $0.15. The company had revenue of $935.17 million during the quarter, compared to the consensus estimate of $935.39 million. Nextpower had a return on equity of 26.29% and a net margin of 16.36%. As a group, analysts expect that Nextpower will post 3.73 earnings per share for the current year.

Nextpower News Summary

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Analyst support remains strong. GLJ Research reaffirmed its “Buy” rating with a $149 price target, while Northland Securities maintained an “Outperform” rating and a $162 target. These targets imply substantial potential upside if Nextpower meets longer-term growth expectations. Benzinga report Citi rating report
• Neutral Sentiment: Citi’s view appears mixed but constructive. Recent coverage described Citigroup as issuing a pessimistic price forecast, while a separate report said Citi gave Nextpower a “Buy” rating. The combination suggests analysts see value in the shares but remain cautious about near-term performance. Citigroup forecast report
• Negative Sentiment: Northland trimmed several future EPS estimates. Reductions included Q1 2028 EPS to $1.01 from $1.06, Q2 2028 EPS to $1.15 from $1.20, Q4 2027 EPS to $0.91 from $1.01, Q4 2028 EPS to $1.07 from $1.09, and FY2028 EPS to $4.40 from $4.48. Although FY2027 EPS was estimated at $3.81, above the current-year consensus of $3.75, the broader revisions may have raised concerns about moderating earnings growth.
• Negative Sentiment: Director Julia Blunden sold 2,289 shares for approximately $222,537 at an average price of $97.22. The transaction reduced her ownership by 23.59%, which can weigh on sentiment even though insider sales may reflect personal financial considerations rather than a change in business outlook. SEC insider transaction filing

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.