FY2026 EPS Estimates for Nextpower Decreased by Roth Capital

Nextpower Inc. (NASDAQ:NXT) – Analysts at Roth Capital cut their FY2026 earnings estimates for Nextpower in a research report issued on Wednesday, November 12th. Roth Capital analyst P. Shen now expects that the company will post earnings per share of $3.53 for the year, down from their prior forecast of $3.54. Roth Capital currently has a “Buy” rating and a $120.00 target price on the stock. The consensus estimate for Nextpower’s current full-year earnings is $3.29 per share. Roth Capital also issued estimates for Nextpower’s Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $0.92 EPS, Q3 2027 earnings at $0.99 EPS, Q4 2027 earnings at $1.03 EPS, FY2027 earnings at $3.81 EPS, Q1 2028 earnings at $1.02 EPS, Q2 2028 earnings at $1.07 EPS, FY2028 earnings at $4.43 EPS, FY2029 earnings at $5.30 EPS and FY2030 earnings at $5.71 EPS.

A number of other research analysts have also commented on NXT. Needham & Company LLC assumed coverage on Nextpower in a report on Wednesday, October 22nd. They set a “buy” rating and a $102.00 price target for the company. Wells Fargo & Company increased their price target on shares of Nextpower from $72.00 to $109.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. boosted their price objective on shares of Nextpower from $92.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. BMO Capital Markets increased their target price on shares of Nextpower from $89.00 to $93.00 and gave the company a “market perform” rating in a research note on Friday, October 24th. Finally, Northland Securities reissued a “market perform” rating on shares of Nextpower in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.76.

Nextpower Stock Performance

NASDAQ NXT opened at $93.75 on Monday. The stock has a 50-day simple moving average of $84.76 and a 200 day simple moving average of $68.14. Nextpower has a twelve month low of $33.29 and a twelve month high of $112.74. The stock has a market capitalization of $13.91 billion, a PE ratio of 24.35, a P/E/G ratio of 2.28 and a beta of 2.30.

Nextpower (NASDAQ:NXT) last announced its earnings results on Thursday, October 23rd. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $0.98 by $0.21. Nextpower had a net margin of 17.08% and a return on equity of 35.05%. The firm had revenue of $905.27 million for the quarter, compared to the consensus estimate of $839.53 million. Nextpower has set its FY 2026 guidance at 4.040-4.250 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Nextpower by 703.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 659 shares of the company’s stock worth $28,000 after buying an additional 577 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in Nextpower by 122.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 589 shares of the company’s stock valued at $32,000 after purchasing an additional 324 shares in the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in Nextpower during the 3rd quarter valued at $36,000. Summit Securities Group LLC raised its position in Nextpower by 796.0% in the 1st quarter. Summit Securities Group LLC now owns 905 shares of the company’s stock valued at $38,000 after purchasing an additional 804 shares during the last quarter. Finally, BOKF NA boosted its stake in Nextpower by 1,135.7% in the third quarter. BOKF NA now owns 519 shares of the company’s stock worth $38,000 after purchasing an additional 477 shares in the last quarter. 67.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Nextpower news, President Howard Wenger sold 5,703 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $70.00, for a total transaction of $399,210.00. Following the completion of the transaction, the president owned 414,256 shares in the company, valued at $28,997,920. This trade represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Charles D. Boynton sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $67.21, for a total value of $302,445.00. Following the completion of the sale, the chief financial officer owned 295,059 shares in the company, valued at approximately $19,830,915.39. This represents a 1.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,420 shares of company stock valued at $1,092,930 in the last three months. Company insiders own 0.56% of the company’s stock.

About Nextpower

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.