Northland Securities Expects Stronger Earnings for Nextpower

Nextpower Inc. (NASDAQ:NXT) – Investment analysts at Northland Securities lifted their FY2026 earnings per share (EPS) estimates for shares of Nextpower in a report released on Wednesday, January 28th. Northland Securities analyst G. Richard now anticipates that the company will post earnings per share of $3.72 for the year, up from their previous estimate of $3.46. Northland Securities has a “Strong-Buy” rating on the stock. The consensus estimate for Nextpower’s current full-year earnings is $3.29 per share. Northland Securities also issued estimates for Nextpower’s Q4 2026 earnings at $0.76 EPS, Q1 2027 earnings at $0.92 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $0.97 EPS, Q4 2027 earnings at $0.97 EPS and FY2027 earnings at $3.88 EPS.

A number of other research firms have also recently issued reports on NXT. Roth Mkm reissued a “buy” rating and issued a $130.00 price target on shares of Nextpower in a research note on Wednesday. KeyCorp upgraded Nextpower from a “sector weight” rating to an “overweight” rating and set a $142.00 price target for the company in a research report on Wednesday. The Goldman Sachs Group raised their price objective on shares of Nextpower from $89.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Wells Fargo & Company raised their target price on Nextpower from $109.00 to $127.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Needham & Company LLC increased their target price on shares of Nextpower from $103.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $108.32.

Nextpower Trading Down 3.3%

Shares of NASDAQ:NXT opened at $117.09 on Monday. The business has a 50 day moving average of $93.85 and a two-hundred day moving average of $82.27. Nextpower has a 12-month low of $36.06 and a 12-month high of $131.59. The company has a market capitalization of $17.37 billion, a PE ratio of 29.95, a PEG ratio of 3.45 and a beta of 2.34.

Nextpower (NASDAQ:NXT) last issued 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 firm had revenue of $909.35 million for the quarter, compared to the consensus estimate of $812.43 million. Nextpower had a return on equity of 32.01% and a net margin of 16.43%.

Institutional Investors Weigh In On Nextpower

A number of institutional investors and hedge funds have recently bought and sold shares of NXT. Signaturefd LLC grew its position in Nextpower by 4.1% during the 4th quarter. Signaturefd LLC now owns 3,216 shares of the company’s stock worth $280,000 after purchasing an additional 126 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Nextpower by 16.8% during the third quarter. Allworth Financial LP now owns 979 shares of the company’s stock worth $72,000 after buying an additional 141 shares during the period. Natural Investments LLC grew its holdings in shares of Nextpower by 0.9% during the third quarter. Natural Investments LLC now owns 16,750 shares of the company’s stock worth $1,239,000 after buying an additional 155 shares during the last quarter. Fifth Third Bancorp increased its position in Nextpower by 15.9% in the 3rd quarter. Fifth Third Bancorp now owns 1,264 shares of the company’s stock valued at $94,000 after acquiring an additional 173 shares during the period. Finally, Baillie Gifford & Co. lifted its position in Nextpower by 76.5% during the 4th quarter. Baillie Gifford & Co. now owns 420 shares of the company’s stock worth $37,000 after acquiring an additional 182 shares during the period. 67.41% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 $11,535,573.36. This trade represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Daniel S. Shugar sold 47,743 shares of Nextpower stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $91.28, for a total transaction of $4,357,981.04. Following the completion of the transaction, the chief executive officer owned 624,882 shares of the company’s stock, valued at $57,039,228.96. This represents a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,468 shares of company stock valued at $8,246,979 in the last three months. 0.56% of the stock is owned by corporate insiders.

Key Nextpower News

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Northland Securities raised multiple near‑ and medium‑term EPS forecasts (FY2026, FY2027 and several quarterly lifts) and maintains a “Strong‑Buy” rating — a substantive analyst vote of confidence that supports higher valuation and may underpin longer‑term upside.
• Positive Sentiment: Nextpower updated FY2026 guidance with EPS guidance well above consensus (4.260–4.360 vs. consensus ~3.98) and revenue guidance roughly in line or slightly above expectations — this beats/raises expectations and is a clear earnings tailwind for the shares.
• Positive Sentiment: An outside price‑target increase was published, lifting the target to $138 — a sign that some market participants expect further appreciation if execution continues. Nextpower (NASDAQ:NXT) Price Target Raised to $138.00
• Neutral Sentiment: Some of Northland’s updates included small quarter‑to‑quarter adjustments (one minor Q3 cut alongside other raises) — these are granular timing changes rather than a broad downgrade in outlook.
• Negative Sentiment: Industry risk flagged: a TipRanks piece highlights intensifying solar tech disruption risk as the R&D race accelerates — increased competitive or technology risk can pressure margins and growth expectations, which likely contributed to the intraday sell‑off. Nextpower Inc. Faces Intensifying Solar Tech Disruption Risk as R&D Race Accelerates

About Nextpower

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.