Nextpower (NASDAQ:NXT) Given New $168.00 Price Target at Susquehanna

Posted by James Quigley on Jul 11th, 2026

Nextpower (NASDAQ:NXT – Free Report) had its price objective lowered by Susquehanna from $180.00 to $168.00 in a report issued on Friday morning, Marketbeat.com reports. The firm currently has a positive rating on the stock.

A number of other analysts have also recently weighed in on NXT. Citigroup increased their price objective on shares of Nextpower from $114.00 to $145.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Royal Bank Of Canada raised their price target on Nextpower from $146.00 to $149.00 and gave the company an “outperform” rating in a report on Friday, May 29th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $168.00 price objective on shares of Nextpower in a report on Wednesday, July 1st. BNP Paribas Exane boosted their price target on shares of Nextpower from $177.00 to $182.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Finally, Loop Capital set a $135.00 price target on shares of Nextpower in a research note on Wednesday, May 13th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $148.39.

Read Our Latest Research Report on NXT

Nextpower Price Performance

NASDAQ:NXT traded down $1.21 during midday trading on Friday, reaching $111.50. 1,849,350 shares of the company traded hands, compared to its average volume of 3,505,576. The firm has a market capitalization of $16.76 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 2.23 and a beta of 1.86. The company has a fifty day moving average price of $125.73 and a 200 day moving average price of $115.12. Nextpower has a twelve month low of $52.61 and a twelve month high of $163.13.

Nextpower (NASDAQ:NXT – Get Free Report) last issued its earnings results 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. The firm had revenue of $880.52 million for the quarter, compared to analyst estimates of $826.26 million. Nextpower had a return on equity of 28.18% and a net margin of 16.46%.Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. On average, equities research analysts forecast that Nextpower will post 3.77 earnings per share for the current fiscal year.

Insider Buying and Selling at Nextpower

In related news, CFO Charles D. Boynton sold 4,500 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $151.79, for a total transaction of $683,055.00. Following the completion of the sale, the chief financial officer directly owned 358,500 shares of the company’s stock, valued at $54,416,715. This represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Howard Wenger sold 62,670 shares of Nextpower stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $130.25, for a total transaction of $8,162,767.50. Following the completion of the transaction, the president owned 426,467 shares in the company, valued at approximately $55,547,326.75. This trade represents a 12.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last quarter, insiders sold 168,574 shares of company stock valued at $22,559,770. Corporate insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Nextpower

A number of hedge funds have recently modified their holdings of the stock. Legal & General Group Plc raised its stake in Nextpower by 4.6% during the 4th quarter. Legal & General Group Plc now owns 414,304 shares of the company’s stock valued at $36,090,000 after purchasing an additional 18,380 shares during the period. Andrew Hill Investment Advisors Inc. grew its holdings in shares of Nextpower by 31.2% during the fourth quarter. Andrew Hill Investment Advisors Inc. now owns 70,025 shares of the company’s stock valued at $6,100,000 after buying an additional 16,666 shares in the last quarter. Assetmark Inc. lifted its stake in Nextpower by 342,159.2% in the 4th quarter. Assetmark Inc. now owns 427,824 shares of the company’s stock worth $37,268,000 after acquiring an additional 427,699 shares in the last quarter. Granahan Investment Management LLC boosted its position in Nextpower by 219.8% during the 3rd quarter. Granahan Investment Management LLC now owns 415,166 shares of the company’s stock worth $30,718,000 after acquiring an additional 285,362 shares during the period. Finally, Azzad Asset Management Inc. ADV acquired a new stake in Nextpower during the 4th quarter worth about $988,000. 67.41% of the stock is currently owned by institutional investors and hedge funds.

Nextpower News Summary

Here are the key news stories impacting Nextpower this week:

Positive Sentiment: Analysts and market commentators continue to point to upside potential, with one note suggesting Nextpower could trade at a premium despite the Prevalon deal, and another arguing the stock could be about 25% undervalued after its earnings beat. Nextpower (NXT) Stock Could Trade At A Premium Despite Prevalon Deal Nextpower (NXT) Could Be 25% Undervalued Following Earnings Beat Optimism
Positive Sentiment: Susquehanna reiterated a positive rating and still sees meaningful upside even after trimming its price target to $168 from $180, which can help support investor sentiment around the name. Benzinga report on Susquehanna price target change
Positive Sentiment: Market coverage continues to highlight Nextpower’s strong earnings track record and the possibility of another beat when it reports first-quarter fiscal 2027 results on July 30, which may be keeping buyers interested. Will Nextpower (NXT) Beat Estimates Again in Its Next Earnings Report? Nextpower to Announce First Quarter Fiscal 2027 Financial Results on July 30, 2026
Neutral Sentiment: Short-interest data was reported as zero shares, so it does not provide a meaningful new signal for traders in either direction.
Neutral Sentiment: Additional media mentions, including inclusion on a “best up and coming tech stocks” list and commentary from Jim Cramer, may have helped keep the stock in focus but do not appear to be direct fundamental catalysts. 5 Best Up and Coming Tech Stocks to Buy Now Jim Cramer on Nextpower: “We Left It Way Too Soon”

About Nextpower

(Get Free Report)

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.