Left Brain Wealth Management LLC Makes New $409,000 Investment in Nextpower Inc. $NXT

Left Brain Wealth Management LLC purchased a new position in Nextpower Inc. (NASDAQ:NXT) in the fourth quarter, Holdings Channel reports. The fund purchased 4,695 shares of the company’s stock, valued at approximately $409,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bessemer Group Inc. lifted its position in shares of Nextpower by 1.6% in the fourth quarter. Bessemer Group Inc. now owns 123,785 shares of the company’s stock worth $10,784,000 after buying an additional 2,005 shares during the last quarter. Arbejdsmarkedets Tillaegspension acquired a new stake in shares of Nextpower in the fourth quarter worth about $22,873,000. Avantax Planning Partners Inc. acquired a new stake in shares of Nextpower in the fourth quarter worth about $221,000. Ameritas Advisory Services LLC acquired a new stake in shares of Nextpower in the fourth quarter worth about $364,000. Finally, Swiss Life Asset Management Ltd lifted its position in shares of Nextpower by 53.0% in the fourth quarter. Swiss Life Asset Management Ltd now owns 10,319 shares of the company’s stock worth $899,000 after buying an additional 3,573 shares during the last quarter. Institutional investors and hedge funds own 67.41% of the company’s stock.

Trending Headlines about Nextpower

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower beat EPS estimates by 6.2%, reinforcing the view that demand and profitability are holding up better than expected. Analysts are now updating their forecasts and outlooks after the latest results. Nextpower Inc. Just Beat EPS By 6.2%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Management’s Q4 earnings call highlighted strong yearly growth, while the company’s recent beat-and-raise results and backlog support the bullish case for continued expansion. Nextpower Inc (NXT) Q4 2026 Earnings Call Highlights: Strong Yearly Growth Amidst Short-Term …
• Positive Sentiment: Nextpower agreed to buy Zigor assets, expanding into storage and data centers, which could open new revenue streams and strengthen its long-term growth profile. Nextpower Buys Zigor Assets To Expand Into Storage And Data Centers
• Positive Sentiment: Several firms raised price targets or issued constructive forecasts, including Mizuho, TD Cowen, BMO Capital Markets, Susquehanna, and JPMorgan, which is helping fuel investor optimism. Nextpower (NASDAQ:NXT) Given New $135.00 Price Target at TD Cowen
• Neutral Sentiment: One market note says the stock may be getting ahead of fundamentals after a massive run since late 2024, suggesting the shares could be overvalued even though the long-term outlook remains positive. Nextpower: Mind The Hype As Its Apex Acquisition Locks It Into Data Center Growth
• Neutral Sentiment: Mizuho raised its price target but kept a neutral rating, implying some upside is already priced in at current levels. Mizuho price target change

Nextpower Stock Performance

NASDAQ NXT opened at $144.29 on Friday. Nextpower Inc. has a twelve month low of $51.69 and a twelve month high of $156.78. The stock has a market capitalization of $21.42 billion, a PE ratio of 37.67, a P/E/G ratio of 6.84 and a beta of 1.60. The stock has a 50-day simple moving average of $117.98 and a 200 day simple moving average of $106.30.

Nextpower (NASDAQ:NXT) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.16. Nextpower had a return on equity of 28.18% and a net margin of 16.46%.The business had revenue of $880.52 million during the quarter, compared to analysts’ expectations of $826.26 million. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. As a group, equities research analysts forecast that Nextpower Inc. will post 3.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NXT has been the subject of a number of analyst reports. KeyCorp reaffirmed an “overweight” rating on shares of Nextpower in a research report on Friday, March 13th. The Goldman Sachs Group set a $140.00 price target on Nextpower and gave the stock a “buy” rating in a research report on Tuesday, April 14th. JPMorgan Chase & Co. boosted their price target on Nextpower from $125.00 to $155.00 and gave the stock an “overweight” rating in a research report on Wednesday. BNP Paribas Exane boosted their price target on Nextpower from $145.00 to $177.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Roth Mkm reissued a “buy” rating and set a $155.00 price objective on shares of Nextpower in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $135.71.

Insider Buying and Selling at Nextpower

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