Nextpower (NASDAQ:NXT) Stock Price Target Cut by Piper Sandler

Posted by Geri Gentry on Sep 30th, 2026

Nextpower (NASDAQ:NXT – Get Free Report) had its target price decreased by research analysts at Piper Sandler from $116.00 to $110.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s price target would indicate a potential upside of 38.70% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets upgraded shares of Nextpower from a “hold” rating to an “outperform” rating and set a $132.00 price target on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. lowered their target price on shares of Nextpower from $179.00 to $152.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Robert W. Baird reduced their price target on Nextpower from $156.00 to $116.00 and set an “outperform” rating for the company in a research report on Tuesday, September 22nd. TD Cowen decreased their price target on Nextpower from $135.00 to $118.00 and set a “hold” rating for the company in a research note on Monday, July 20th. Finally, Guggenheim raised Nextpower from a “neutral” rating to a “buy” rating and set a $125.00 price objective on the stock in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $143.19.

View Our Latest Research Report on NXT

Nextpower Stock Up 0.2%

Shares of Nextpower stock opened at $79.31 on Wednesday. The stock has a market cap of $12.03 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 1.57 and a beta of 1.92. The business has a fifty day simple moving average of $89.75 and a 200-day simple moving average of $109.64. Nextpower has a 12 month low of $73.07 and a 12 month high of $163.13.

Nextpower (NASDAQ:NXT – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.15. Nextpower had a net margin of 16.36% and a return on equity of 26.29%. The business had revenue of $935.17 million for the quarter, compared to the consensus estimate of $935.39 million. Analysts expect that Nextpower will post 3.76 EPS for the current fiscal year.

Insider Transactions at Nextpower

In other Nextpower news, President Howard Wenger sold 11,176 shares of Nextpower stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $104.78, for a total value of $1,171,021.28. Following the transaction, the president directly owned 419,868 shares of the company’s stock, valued at $43,993,769.04. The trade was a 2.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brandi Thomas sold 7,415 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $91.25, for a total transaction of $676,618.75. Following the completion of the sale, the director owned 7,914 shares in the company, valued at approximately $722,152.50. The trade was a 48.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 100,431 shares of company stock worth $10,039,748. Insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On Nextpower

Institutional investors have recently added to or reduced their stakes in the company. Signature Equity Partners LLC lifted its position in Nextpower by 76.4% in the first quarter. Signature Equity Partners LLC now owns 261 shares of the company’s stock worth $31,000 after purchasing an additional 113 shares during the period. Continuum Advisory LLC bought a new stake in Nextpower in the 2nd quarter valued at $37,000. Huntington National Bank increased its holdings in Nextpower by 480.3% in the 4th quarter. Huntington National Bank now owns 383 shares of the company’s stock valued at $33,000 after buying an additional 317 shares during the period. Root Financial Partners LLC raised its stake in shares of Nextpower by 30.0% in the 1st quarter. Root Financial Partners LLC now owns 446 shares of the company’s stock valued at $54,000 after buying an additional 103 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new position in shares of Nextpower in the 2nd quarter valued at $63,000. 67.41% of the stock is owned by institutional investors and hedge funds.

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.