Nextpower (NASDAQ:NXT) Issues FY 2027 Earnings Guidance

Posted by Francis Steltz on Jul 1st, 2026

Nextpower (NASDAQ:NXT – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.300-4.730 for the period, compared to the consensus EPS estimate of 4.460. The company issued revenue guidance of $4.0 billion-$4.4 billion, compared to the consensus revenue estimate of $4.0 billion.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Citigroup lifted their target price on Nextpower from $114.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Barclays upped their target price on Nextpower from $123.00 to $142.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. The Goldman Sachs Group restated a “buy” rating on shares of Nextpower in a research note on Wednesday. UBS Group restated a “buy” rating and issued a $170.00 target price on shares of Nextpower in a research note on Friday, May 29th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $160.00 target price on shares of Nextpower in a report on Friday, May 29th. Twenty research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nextpower has an average rating of “Moderate Buy” and an average price target of $147.52.

Check Out Our Latest Stock Analysis on NXT

Nextpower Stock Performance

Shares of NXT stock opened at $119.14 on Wednesday. Nextpower has a 1 year low of $52.61 and a 1 year high of $163.13. The business’s fifty day moving average is $126.33 and its 200-day moving average is $113.94. The stock has a market cap of $17.90 billion, a PE ratio of 31.11, a price-to-earnings-growth ratio of 2.60 and a beta of 1.73.

Nextpower (NASDAQ:NXT – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.16. Nextpower had a return on equity of 28.18% and a net margin of 16.46%.The business had revenue of $880.52 million during the quarter, compared to analysts’ expectations of $826.26 million. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. Equities research analysts predict that Nextpower will post 3.71 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Daniel S. Shugar sold 26,077 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $134.72, for a total transaction of $3,513,093.44. Following the completion of the sale, the chief executive officer directly owned 931,419 shares of the company’s stock, valued at $125,480,767.68. This represents a 2.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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. Also, CFO Charles D. Boynton sold 4,500 shares of Nextpower stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $151.79, for a total value of $683,055.00. Following the completion of the transaction, the chief financial officer directly owned 358,500 shares in the company, valued at $54,416,715. This represents a 1.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 168,574 shares of company stock worth $22,559,770. Corporate insiders own 0.56% of the company’s stock.

Institutional Trading of Nextpower

Hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC grew its holdings in shares of Nextpower by 107.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 299 shares of the company’s stock valued at $26,000 after buying an additional 155 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Nextpower during the 4th quarter worth about $39,000. Northwestern Mutual Wealth Management Co. grew its stake in Nextpower by 511.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 495 shares of the company’s stock valued at $37,000 after acquiring an additional 414 shares in the last quarter. BOKF NA increased its holdings in shares of Nextpower by 1,135.7% in the 3rd quarter. BOKF NA now owns 519 shares of the company’s stock valued at $38,000 after purchasing an additional 477 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its position in shares of Nextpower by 39.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 925 shares of the company’s stock worth $81,000 after purchasing an additional 262 shares in the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

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.