Nextpower (NASDAQ:NXT) Stock Price Target Lowered at Susquehanna

Posted by Brenda Bartman on Oct 14th, 2026

Nextpower (NASDAQ:NXT – Get Free Report) had its target price decreased by Susquehanna from $157.00 to $150.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “positive” rating on the stock. Susquehanna’s price target would indicate a potential upside of 68.98% from the stock’s previous close.

Several other research firms also recently weighed in on NXT. Piper Sandler decreased their target price on Nextpower from $116.00 to $110.00 and set an “overweight” rating for the company in a research report on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft set a $137.00 price target on shares of Nextpower in a report on Monday, August 3rd. Weiss Ratings downgraded shares of Nextpower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. TD Cowen upgraded shares of Nextpower to a “hold” rating in a report on Monday, October 5th. Finally, Glj Research reiterated a “buy” rating and set a $149.00 price objective on shares of Nextpower in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $142.46.

View Our Latest Stock Analysis on NXT

Nextpower Stock Performance

Shares of NXT stock opened at $88.77 on Wednesday. Nextpower has a 52-week low of $76.71 and a 52-week high of $163.13. The firm has a market capitalization of $13.47 billion, a P/E ratio of 22.04, a P/E/G ratio of 2.06 and a beta of 1.94. The stock has a 50 day moving average price of $87.08 and a 200 day moving average price of $107.16.

Nextpower (NASDAQ:NXT – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.15. The company had revenue of $935.17 million during the quarter, compared to analysts’ expectations of $935.39 million. Nextpower had a return on equity of 26.29% and a net margin of 16.36%. As a group, sell-side analysts forecast that Nextpower will post 3.77 EPS for the current year.

Insider Buying and Selling at Nextpower

In other news, Director Julia Blunden sold 3,723 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $88.08, for a total transaction of $327,921.84. Following the transaction, the director owned 6,434 shares in the company, valued at approximately $566,706.72. This trade represents a 36.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Daniel Shugar sold 67,636 shares of Nextpower stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $103.07, for a total value of $6,971,242.52. Following the completion of the sale, the chief executive officer owned 871,131 shares of the company’s stock, valued at $89,787,472.17. The trade was a 7.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 100,431 shares of company stock worth $10,039,748. Insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Fundsmith LLP bought a new stake in shares of Nextpower in the 2nd quarter valued at about $340,275,000. Bank of America Corp DE lifted its position in shares of Nextpower by 34.6% in the 1st quarter. Bank of America Corp DE now owns 1,568,235 shares of the company’s stock worth $189,051,000 after purchasing an additional 402,770 shares during the period. Janus Henderson Group PLC lifted its position in shares of Nextpower by 134.3% in the 1st quarter. Janus Henderson Group PLC now owns 1,362,466 shares of the company’s stock worth $164,488,000 after purchasing an additional 780,958 shares during the period. Assetmark Inc. boosted its stake in shares of Nextpower by 96.6% during the first quarter. Assetmark Inc. now owns 840,966 shares of the company’s stock valued at $101,378,000 after purchasing an additional 413,142 shares in the last quarter. Finally, Wedge Capital Management L L P NC boosted its stake in shares of Nextpower by 20.0% during the second quarter. Wedge Capital Management L L P NC now owns 600,671 shares of the company’s stock valued at $71,564,000 after purchasing an additional 100,186 shares in the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

About Nextpower

(Get Free Report)

Nextracker Inc (NASDAQ:NXT) is a renewable energy technology company that designs and supplies intelligent solar tracking systems for utility-scale and large distributed-generation photovoltaic projects. Its systems help solar panels follow the sun throughout the day, improving energy production and supporting the development of large solar power facilities.

The company’s product portfolio includes solar tracker hardware, structural components, controls, and software designed to optimize project performance.