Nextpower (NXT) Expected to Announce Quarterly Earnings on Thursday

Nextpower (NASDAQ:NXTGet Free Report) will likely be posting its Q1 2027 results after the market closes on Thursday, July 30th. Analysts expect the company to post earnings of $1.04 per share and revenue of $935.39 million for the quarter. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. Individuals can check the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

Nextpower (NASDAQ:NXTGet Free Report) last announced its quarterly earnings data 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. Nextpower had a net margin of 16.46% and a return on equity of 28.18%. The firm had revenue of $880.52 million during the quarter, compared to analysts’ expectations of $826.26 million. On average, analysts expect Nextpower to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Nextpower Stock Performance

NXT opened at $95.35 on Wednesday. The stock has a market cap of $14.33 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 2.07 and a beta of 1.86. The firm’s fifty day moving average is $119.45 and its 200 day moving average is $116.40. Nextpower has a fifty-two week low of $52.61 and a fifty-two week high of $163.13.

Analyst Upgrades and Downgrades

A number of research firms have commented on NXT. Citigroup raised their price target on Nextpower from $114.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. TD Cowen cut their target price on Nextpower from $135.00 to $118.00 and set a “hold” rating for the company in a research report on Monday, July 20th. Royal Bank Of Canada set a $179.00 target price on Nextpower in a research note on Tuesday, July 21st. Zacks Research raised Nextpower from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Finally, BNP Paribas Exane upped their price target on Nextpower from $177.00 to $182.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $151.42.

Read Our Latest Analysis on Nextpower

Insider Buying and Selling at Nextpower

In other news, CEO Daniel S. Shugar sold 26,077 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 931,419 shares in the company, valued at approximately $125,480,767.68. This represents a 2.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $130.25, for a total transaction of $8,162,767.50. Following the completion of the transaction, the president directly owned 426,467 shares of the company’s stock, valued at approximately $55,547,326.75. This trade represents a 12.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last ninety days, insiders sold 168,574 shares of company stock worth $22,559,770. Company insiders own 0.84% of the company’s stock.

Institutional Trading of Nextpower

A number of large investors have recently made changes to their positions in NXT. Smartleaf Asset Management LLC raised its position in shares of Nextpower by 107.6% during the 4th 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. purchased a new position in shares of Nextpower in the 4th quarter worth approximately $39,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Nextpower by 511.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 495 shares of the company’s stock worth $37,000 after purchasing an additional 414 shares during the period. BOKF NA increased its position in shares of Nextpower by 1,135.7% during 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 last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in Nextpower by 39.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 925 shares of the company’s stock valued at $81,000 after buying an additional 262 shares during the period. 67.41% of the stock is currently 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.

Further Reading

Earnings History for Nextpower (NASDAQ:NXT)

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