Nextpower (NASDAQ:NXT) Announces FY 2027 Earnings Guidance

Nextpower (NASDAQ:NXT) updated its FY 2027 earnings guidance on Friday morning. The company provided EPS guidance of 4.610-4.870 for the period, compared to the consensus estimate of 4.500. The company issued revenue guidance of $4.2 billion-$4.5 billion, compared to the consensus revenue estimate of $4.3 billion.

Nextpower Trading Down 0.6%

Shares of NXT stock opened at $79.33 on Friday. Nextpower has a 12 month low of $75.40 and a 12 month high of $163.13. The stock has a market cap of $12.04 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 1.92 and a beta of 1.94. The company’s fifty day moving average price is $82.41 and its 200-day moving average price is $106.67.

Nextpower (NASDAQ:NXT) last released its earnings results on Wednesday, October 28th. The company reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.21. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. Nextpower had a net margin of 15.98% and a return on equity of 25.33%. On average, sell-side analysts forecast that Nextpower will post 3.80 earnings per share for the current fiscal year.

Analyst Ratings Changes

NXT has been the topic of a number of recent research reports. Susquehanna cut their price objective on shares of Nextpower from $150.00 to $145.00 and set a “positive” rating on the stock in a report on Thursday. Truist Financial lifted their target price on shares of Nextpower from $140.00 to $145.00 and gave the company a “buy” rating in a report on Friday, July 31st. Glj Research reiterated a “buy” rating and set a $149.00 target price on shares of Nextpower in a report on Wednesday, August 5th. JPMorgan Chase & Co. dropped their price target on Nextpower from $136.00 to $134.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Nextpower in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.00.

Insider Activity at Nextpower

In other Nextpower news, Director Brandi Thomas sold 7,415 shares of Nextpower stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $91.25, for a total value of $676,618.75. Following the completion of the transaction, the director directly owned 7,914 shares of the company’s stock, valued at approximately $722,152.50. The trade was a 48.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Charles D. Boynton sold 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $79.98, for a total transaction of $359,910.00. Following the completion of the transaction, the chief financial officer owned 354,000 shares in the company, valued at approximately $28,312,920. This represents a 1.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 100,431 shares of company stock worth $10,039,748 in the last ninety days. 0.84% of the stock is currently owned by company insiders.

Nextpower News Summary

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower reported quarterly adjusted EPS of $1.31, well above the $1.10 consensus estimate, while revenue of $1.11 billion also exceeded expectations of $1.06 billion. EPS increased from $1.19 a year earlier. Nextpower Q2 earnings and revenue beat estimates
• Positive Sentiment: The company issued fiscal 2027 EPS guidance of $4.61 to $4.87, above the $4.50 analyst consensus. Revenue guidance of $4.2 billion to $4.5 billion brackets the $4.3 billion consensus, indicating management remains confident in demand and execution.
• Positive Sentiment: Nextpower authorized a $500 million share buyback and highlighted a backlog of approximately $6 billion. These actions may improve per-share results and provide support to the stock, although reports also noted that margins declined despite strong sales growth. Nextpower stock and $500 million buyback
• Neutral Sentiment: Wells Fargo, JPMorgan, Susquehanna and Needham all maintained bullish ratings—overweight, positive or buy—but lowered their price targets. The revisions still imply substantial upside from recent trading levels, suggesting analysts remain constructive while taking a more cautious view of near-term valuation or growth.
• Negative Sentiment: Wells Fargo cut its target from $151 to $125, JPMorgan reduced its target from $136 to $134, Susquehanna lowered its target from $150 to $145, and Needham cut its target from $149 to $143. Although ratings remained positive, the cluster of target reductions may weigh on sentiment and offset some of the earnings-related optimism.

About Nextpower

Nextracker Inc is a renewable energy technology company that designs, manufactures and supplies intelligent solar-tracking systems for utility-scale and large commercial solar power projects. Its systems adjust the position of solar panels throughout the day to help photovoltaic modules capture more sunlight and improve energy production.

The company’s product portfolio includes single-axis solar trackers, structural components, foundations and related hardware, as well as software and controls designed to optimize tracker performance.