Belpointe Asset Management LLC Makes New Investment in Nextpower Inc. $NXT

Belpointe Asset Management LLC purchased a new position in shares of Nextpower Inc. (NASDAQ:NXT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,241 shares of the company’s stock, valued at approximately $832,000.

Other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. increased its stake in Nextpower by 122.3% in the second quarter. Cullen Frost Bankers Inc. now owns 589 shares of the company’s stock valued at $32,000 after purchasing an additional 324 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Nextpower by 1,737.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 827 shares of the company’s stock valued at $45,000 after acquiring an additional 782 shares during the last quarter. MAI Capital Management lifted its holdings in shares of Nextpower by 309.4% during the 2nd quarter. MAI Capital Management now owns 831 shares of the company’s stock worth $45,000 after acquiring an additional 628 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Nextpower by 179.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,127 shares of the company’s stock worth $61,000 after acquiring an additional 724 shares during the period. Finally, Global Retirement Partners LLC boosted its position in shares of Nextpower by 42,633.3% in the third quarter. Global Retirement Partners LLC now owns 1,282 shares of the company’s stock worth $95,000 after acquiring an additional 1,279 shares during the last quarter. Institutional investors and hedge funds own 67.41% of the company’s stock.

Nextpower Stock Up 0.9%

NASDAQ NXT opened at $121.08 on Friday. Nextpower Inc. has a fifty-two week low of $36.06 and a fifty-two week high of $131.59. The business has a 50 day moving average price of $93.25 and a two-hundred day moving average price of $81.59. The stock has a market cap of $17.97 billion, a PE ratio of 30.97, a P/E/G ratio of 3.76 and a beta of 2.38.

Nextpower (NASDAQ:NXT) last posted its earnings results on Tuesday, January 27th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.17. The business had revenue of $909.35 million for the quarter, compared to analysts’ expectations of $812.43 million. Nextpower had a net margin of 16.43% and a return on equity of 32.01%. Sell-side analysts anticipate that Nextpower Inc. will post 3.29 EPS for the current fiscal year.

Nextpower News Roundup

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Q4 beat and stronger guidance — Nextpower reported upside to estimates on revenue and EPS and raised FY‑2026 guidance to ~$3.5B in revenue and $4.36 EPS while announcing a $500M buyback, a clear catalyst for higher valuation multiples and buy‑side interest. Nextpower raises FY2026 outlook to $3.5B revenue and $4.36 EPS with $500M buyback
• Positive Sentiment: Strong market reaction / new highs — Coverage notes the stock surged to an all‑time intraday high after the earnings beat, signaling momentum and investor enthusiasm. Nextpower (NXT) Climbs to All-Time High on Earnings Blowout, Rating Upgrade
• Positive Sentiment: Analyst upgrades and higher targets — Needham raised its price target to $138 with a Buy, and KeyBanc upgraded to Buy with a $142 target, adding institutional validation and upside to the stock’s momentum. Needham raises price target to $138 (Benzinga) KeyBanc upgrades Nextpower to Buy with $142 target
• Positive Sentiment: Project win supports backlog and execution — Nextpower Arabia agreed to supply 2.25 GW of smart solar trackers to L&T for a major ACWA Power‑linked project, underpinning near‑term revenue visibility in a key market. Nextpower Arabia to Supply 2.25 GW of Smart Solar Trackers to L&T
• Neutral Sentiment: Earnings materials and call transcript available — The company released its Q3/Q4 presentation and the earnings‑call transcript, useful for due diligence but already reflected in today’s move. Nextpower Inc. 2026 Q3 – Results – Earnings Call Presentation Q3 2026 Earnings Call Transcript
• Negative Sentiment: Some caution from other sell‑side shops — TD Cowen raised its target to $105 but kept a Hold rating, implying downside versus the current trading level and signaling that not all analysts are fully bullish on valuation from here. TD Cowen raises target to $105, maintains Hold

Analysts Set New Price Targets

Several brokerages recently commented on NXT. Royal Bank Of Canada upped their price target on shares of Nextpower from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Barclays set a $115.00 price objective on Nextpower in a report on Thursday. Northland Securities set a $111.00 target price on Nextpower in a report on Tuesday, January 6th. Robert W. Baird set a $126.00 price target on Nextpower in a research report on Wednesday. Finally, Roth Mkm restated a “buy” rating and issued a $130.00 price objective on shares of Nextpower in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $108.32.

Insider Buying and Selling at Nextpower

In related news, Director William D. Watkins sold 10,000 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $91.85, for a total value of $918,500.00. Following the transaction, the director owned 16,777 shares in the company, valued at approximately $1,540,967.45. The trade was a 37.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO David P. Bennett sold 33,725 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $88.08, for a total value of $2,970,498.00. Following the sale, the chief accounting officer owned 130,967 shares of the company’s stock, valued at approximately $11,535,573.36. This trade represents a 20.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,468 shares of company stock valued at $8,246,979 in the last ninety days. Insiders own 0.56% of the company’s stock.

Nextpower 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.