Nextpower (NASDAQ:NXT) Announces FY 2027 Earnings Guidance

Nextpower (NASDAQ:NXT) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 4.610-4.870 for the period, compared to the consensus earnings per share 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 Price Performance

NASDAQ:NXT opened at $79.33 on Friday. Nextpower has a one year low of $75.40 and a one year high of $163.13. The business has a fifty day moving average price of $82.41 and a 200-day moving average price of $106.67. The firm has a market capitalization of $12.04 billion, a price-to-earnings ratio of 19.98, a price-to-earnings-growth ratio of 1.91 and a beta of 1.94.

Nextpower (NASDAQ:NXT) last released its earnings results on Wednesday, October 28th. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.21. Nextpower had a return on equity of 25.33% and a net margin of 15.98%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. On average, equities research analysts expect that Nextpower will post 3.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nextpower in a research report on Tuesday. Barclays decreased their target price on shares of Nextpower from $147.00 to $146.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 13th. Robert W. Baird lowered their price target on shares of Nextpower from $156.00 to $116.00 and set an “outperform” rating on the stock in a report on Tuesday, September 22nd. Piper Sandler lowered their price target on shares of Nextpower from $116.00 to $110.00 and set an “overweight” rating on the stock in a report on Wednesday, September 30th. Finally, Susquehanna dropped their price target on shares of Nextpower from $150.00 to $145.00 and set a “positive” rating for the company in a research report on Thursday. One investment 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 stock. According to data from MarketBeat, Nextpower currently has an average rating of “Moderate Buy” and an average target price of $136.00.

Insider Transactions at Nextpower

In related news, President Howard Wenger sold 11,176 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $104.78, for a total transaction of $1,171,021.28. Following the completion of the sale, the president owned 419,868 shares in the company, valued at approximately $43,993,769.04. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Charles Boynton sold 4,500 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $79.98, for a total value of $359,910.00. Following the sale, the chief financial officer owned 354,000 shares of the company’s stock, valued at $28,312,920. This represents a 1.26% 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 90 days, insiders have sold 100,431 shares of company stock valued at $10,039,748. 0.84% of the stock is owned by corporate insiders.

Key Nextpower News

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.