Nextpower (NASDAQ:NXT) Updates FY 2027 Earnings Guidance

Nextpower (NASDAQ:NXT) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.210-4.590 for the period, compared to the consensus earnings per share estimate of 4.600. The company issued revenue guidance of $3.8 billion-$4.1 billion, compared to the consensus revenue estimate of $3.9 billion.

Nextpower Stock Down 0.7%

NXT stock traded down $0.89 during midday trading on Tuesday, reaching $125.37. The stock had a trading volume of 5,516,865 shares, compared to its average volume of 1,974,223. The business has a fifty day simple moving average of $115.28 and a two-hundred day simple moving average of $105.13. The firm has a market cap of $18.61 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 5.99 and a beta of 1.60. Nextpower has a twelve month low of $51.69 and a twelve month high of $134.32.

Nextpower (NASDAQ:NXT) last posted its earnings results on Tuesday, May 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.16. The company had revenue of $880.52 million during the quarter, compared to analyst estimates of $826.26 million. Nextpower had a return on equity of 32.01% and a net margin of 16.43%.Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. On average, equities analysts predict that Nextpower will post 3.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NXT has been the subject of several analyst reports. Susquehanna boosted their target price on Nextpower from $133.00 to $136.00 and gave the stock a “positive” rating in a research report on Thursday, April 9th. KeyCorp restated an “overweight” rating on shares of Nextpower in a research report on Friday, March 13th. The Goldman Sachs Group set a $140.00 target price on Nextpower and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Needham & Company LLC boosted their price objective on Nextpower from $103.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, TD Cowen boosted their price objective on Nextpower from $88.00 to $105.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $117.79.

Insider Activity

In related news, CEO Daniel S. Shugar sold 59,456 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $105.17, for a total value of $6,252,987.52. Following the completion of the transaction, the chief executive officer directly owned 746,339 shares in the company, valued at approximately $78,492,472.63. The trade was a 7.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Key Headlines Impacting Nextpower

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower reported quarterly EPS of $1.05, beating the $0.89 consensus, while revenue came in at $880.5 million versus expectations of $826.3 million, highlighting solid demand and execution. Nextpower Reports Q4 and Fiscal Year 2026 Financial Results
• Positive Sentiment: The company announced a definitive agreement to acquire Zigor Corporation’s power conversion business and Apex Power, a deal that should expand Nextpower’s product lineup and support growth in utility-scale solar and battery energy storage. Nextpower Announces Definitive Agreement to Acquire Advanced Power Conversion Product Portfolio
• Neutral Sentiment: Several pre-earnings reports and analyst notes framed expectations around the upcoming results and broader solar-stock sentiment, but they were mostly commentary rather than new company-specific fundamentals. Nextpower Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Neutral Sentiment: Coverage around analyst views, short interest, and governance/leadership changes may affect sentiment, but these items did not provide a clear near-term operating impact. Nextpower Legal Leadership Shift Puts Governance And Growth Under The Spotlight

Institutional Investors Weigh In On Nextpower

Several institutional investors have recently bought and sold shares of NXT. Smartleaf Asset Management LLC raised its stake in shares of Nextpower by 107.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 299 shares of the company’s stock worth $26,000 after purchasing an additional 155 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in Nextpower by 2.1% in the 4th quarter. First Citizens Bank & Trust Co. now owns 8,992 shares of the company’s stock valued at $783,000 after acquiring an additional 184 shares during the period. Redwood Investment Management LLC raised its stake in Nextpower by 4.1% in the 2nd quarter. Redwood Investment Management LLC now owns 5,177 shares of the company’s stock valued at $281,000 after acquiring an additional 204 shares during the period. UMB Bank n.a. raised its stake in Nextpower by 16.2% in the 4th quarter. UMB Bank n.a. now owns 1,783 shares of the company’s stock valued at $155,000 after acquiring an additional 249 shares during the period. Finally, CIBC Private Wealth Group LLC raised its stake in Nextpower by 39.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 925 shares of the company’s stock valued at $81,000 after acquiring an additional 262 shares during the period. Institutional investors 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.