Nextpower (NASDAQ:NXT) Releases Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Posted by Francis Steltz on May 12th, 2026

Nextpower (NASDAQ:NXT – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.89 by $0.16, FiscalAI reports. Nextpower had a net margin of 16.43% and a return on equity of 32.01%. The business had revenue of $880.52 million for the quarter, compared to analyst estimates of $826.26 million. Nextpower updated its FY 2027 guidance to 4.210-4.590 EPS.

Nextpower Stock Down 0.7%

NASDAQ:NXT traded down $0.89 on Tuesday, reaching $125.37. The stock had a trading volume of 5,636,804 shares, compared to its average volume of 1,977,209. The company has a market capitalization of $18.61 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 5.99 and a beta of 1.60. The stock has a fifty day moving average price of $115.28 and a 200-day moving average price of $105.13. Nextpower has a 1-year low of $51.69 and a 1-year high of $134.32.

Key Headlines Impacting Nextpower

Here are the key news stories impacting Nextpower this week:

Positive Sentiment: Nextpower reported quarterly EPS of $1.05, beating the $0.89 consensus, while revenue came in at $880.5 million versus expectations of $826.3 million, highlighting solid demand and execution. Nextpower Reports Q4 and Fiscal Year 2026 Financial Results
Positive Sentiment: The company announced a definitive agreement to acquire Zigor Corporation’s power conversion business and Apex Power, a deal that should expand Nextpower’s product lineup and support growth in utility-scale solar and battery energy storage. Nextpower Announces Definitive Agreement to Acquire Advanced Power Conversion Product Portfolio
Neutral Sentiment: Several pre-earnings reports and analyst notes framed expectations around the upcoming results and broader solar-stock sentiment, but they were mostly commentary rather than new company-specific fundamentals. Nextpower Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Neutral Sentiment: Coverage around analyst views, short interest, and governance/leadership changes may affect sentiment, but these items did not provide a clear near-term operating impact. Nextpower Legal Leadership Shift Puts Governance And Growth Under The Spotlight

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wall Street Zen lowered shares of Nextpower from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Barclays upped their price target on shares of Nextpower from $115.00 to $123.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft set a $129.00 price target on shares of Nextpower and gave the company a “buy” rating in a research report on Thursday, April 9th. Robert W. Baird increased their target price on shares of Nextpower from $126.00 to $133.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Finally, KeyCorp restated an “overweight” rating on shares of Nextpower in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.79.

Check Out Our Latest Report on Nextpower

Insider Buying and Selling at Nextpower

In other Nextpower news, CEO Daniel S. Shugar sold 59,456 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $105.17, for a total value of $6,252,987.52. Following the completion of the sale, the chief executive officer owned 746,339 shares of the company’s stock, valued at approximately $78,492,472.63. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nextpower

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pacer Advisors Inc. boosted its stake in shares of Nextpower by 10.1% during the fourth quarter. Pacer Advisors Inc. now owns 21,717 shares of the company’s stock valued at $1,892,000 after purchasing an additional 1,997 shares during the period. Compound Planning Inc. bought a new position in Nextpower during the 4th quarter valued at approximately $255,000. Invesco Ltd. raised its position in Nextpower by 5.1% during the 4th quarter. Invesco Ltd. now owns 2,864,660 shares of the company’s stock valued at $249,541,000 after purchasing an additional 139,211 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Nextpower by 35.5% in the fourth quarter. Corient Private Wealth LLC now owns 14,692 shares of the company’s stock valued at $1,280,000 after acquiring an additional 3,852 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Nextpower by 7.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,601 shares of the company’s stock valued at $1,272,000 after acquiring an additional 1,071 shares in the last quarter. 67.41% of the stock is owned by institutional investors.

Nextpower Company Profile

(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.