Nextpower (NASDAQ:NXT) Shares Gap Up – Should You Buy?

Posted by Brian Himes on Jul 15th, 2026

Nextpower Inc. (NASDAQ:NXT – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $104.66, but opened at $109.79. Nextpower shares last traded at $111.2630, with a volume of 258,617 shares.

Analyst Ratings Changes

A number of research analysts have weighed in on NXT shares. BNP Paribas Exane upped their target price on Nextpower from $177.00 to $182.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $140.00 target price on shares of Nextpower in a research note on Thursday, May 14th. Northland Securities upped their price target on Nextpower from $148.00 to $162.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Wells Fargo & Company increased their price objective on Nextpower from $143.00 to $151.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $168.00 price objective on shares of Nextpower in a research report on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $150.10.

View Our Latest Stock Report on NXT

Nextpower Price Performance

The business has a 50 day moving average price of $124.97 and a 200 day moving average price of $115.44. The stock has a market capitalization of $16.37 billion, a PE ratio of 28.63, a PEG ratio of 1.97 and a beta of 1.86.

Nextpower (NASDAQ:NXT – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.16. The company had revenue of $880.52 million for the quarter, compared to analysts’ expectations of $826.26 million. Nextpower had a net margin of 16.46% and a return on equity of 28.18%. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. On average, equities analysts expect that Nextpower Inc. will post 3.77 earnings per share for the current year.

Insider Activity at Nextpower

In related news, CEO Daniel S. Shugar sold 26,077 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $134.72, for a total value of $3,513,093.44. Following the completion of the transaction, the chief executive officer directly owned 931,419 shares in the company, valued at $125,480,767.68. The trade was a 2.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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, President Howard Wenger sold 62,670 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $130.25, for a total value of $8,162,767.50. Following the completion of the transaction, the president directly owned 426,467 shares in the company, valued at $55,547,326.75. This trade represents a 12.81% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 168,574 shares of company stock valued at $22,559,770 over the last ninety days. Corporate insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NXT. Smartleaf Asset Management LLC increased its holdings in Nextpower by 107.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 299 shares of the company’s stock worth $26,000 after buying an additional 155 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in Nextpower by 268.7% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 306 shares of the company’s stock valued at $28,000 after acquiring an additional 223 shares during the period. Signature Equity Partners LLC boosted its holdings in shares of Nextpower by 76.4% during the 1st quarter. Signature Equity Partners LLC now owns 261 shares of the company’s stock valued at $31,000 after acquiring an additional 113 shares during the last quarter. Huntington National Bank boosted its holdings in shares of Nextpower by 480.3% during the 4th quarter. Huntington National Bank now owns 383 shares of the company’s stock valued at $33,000 after acquiring an additional 317 shares during the last quarter. Finally, Baillie Gifford & Co. grew its stake in shares of Nextpower by 76.5% in the fourth 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 institutional investors.

About Nextpower

(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.