Nextpower (NASDAQ:NXT) Price Target Cut to $157.00 by Analysts at Susquehanna

Nextpower (NASDAQ:NXT) had its price objective decreased by Susquehanna from $168.00 to $157.00 in a research note published on Friday morning, MarketBeat.com reports. Susquehanna currently has a positive rating on the stock.

Several other research firms also recently weighed in on NXT. Jefferies Financial Group set a $153.00 price target on Nextpower in a research note on Friday, June 26th. Wells Fargo & Company boosted their price objective on shares of Nextpower from $143.00 to $151.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Wolfe Research reiterated an “outperform” rating and issued a $160.00 price target on shares of Nextpower in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $140.00 price objective on shares of Nextpower in a report on Thursday, May 14th. Finally, Robert W. Baird lifted their price target on shares of Nextpower from $133.00 to $156.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Nextpower currently has an average rating of “Moderate Buy” and a consensus target price of $148.42.

Nextpower Price Performance

NASDAQ:NXT opened at $89.87 on Friday. The firm’s 50-day moving average price is $117.50 and its 200-day moving average price is $116.28. The company has a market capitalization of $13.50 billion, a PE ratio of 23.28, a P/E/G ratio of 1.93 and a beta of 1.86. Nextpower has a 1-year low of $52.61 and a 1-year high of $163.13.

Nextpower (NASDAQ:NXT) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.15. The company had revenue of $935.17 million during the quarter, compared to analysts’ expectations of $935.39 million. Nextpower had a net margin of 16.36% and a return on equity of 27.50%. Equities analysts anticipate that Nextpower will post 3.73 EPS for the current fiscal year.

Insider Buying and Selling at Nextpower

In other news, CEO Daniel S. Shugar sold 26,077 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 931,419 shares in the company, valued at approximately $125,480,767.68. The trade was a 2.72% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Charles D. Boynton sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $151.79, for a total transaction of $683,055.00. Following the completion of the transaction, the chief financial officer directly owned 358,500 shares of the company’s stock, valued at $54,416,715. This trade represents a 1.24% decrease in their position. 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. In the last ninety days, insiders have sold 168,574 shares of company stock worth $22,559,770. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nextpower

A number of hedge funds have recently made changes to their positions in the stock. Legal & General Group Plc raised its holdings in Nextpower by 4.6% in the fourth quarter. Legal & General Group Plc now owns 414,304 shares of the company’s stock worth $36,090,000 after purchasing an additional 18,380 shares in the last quarter. Assetmark Inc. raised its stake in Nextpower by 342,159.2% in the 4th quarter. Assetmark Inc. now owns 427,824 shares of the company’s stock worth $37,268,000 after acquiring an additional 427,699 shares during the last quarter. Andrew Hill Investment Advisors Inc. lifted its holdings in shares of Nextpower by 31.2% during the fourth quarter. Andrew Hill Investment Advisors Inc. now owns 70,025 shares of the company’s stock worth $6,100,000 after purchasing an additional 16,666 shares during the period. Azzad Asset Management Inc. ADV purchased a new stake in shares of Nextpower in the 4th quarter valued at $988,000. Finally, Gateway Investment Advisers LLC grew its position in Nextpower by 215.1% during the 4th quarter. Gateway Investment Advisers LLC now owns 24,006 shares of the company’s stock worth $2,091,000 after purchasing an additional 16,388 shares during the period. 67.41% of the stock is currently owned by hedge funds and other institutional investors.

More Nextpower News

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Profitability and cash flow improved. Nextpower reported Q1 FY2027 revenue of approximately $935 million, up 8.2% year over year, while gross profit increased 19.2% to $335.9 million. Operating cash flow rose 48.9% to $121.1 million, and the company ended the quarter with $1.2 billion in cash. Adjusted EPS of $1.20 exceeded the $1.05 consensus estimate, although reported GAAP diluted EPS was $1.07. Nextpower Reports Q1 Fiscal Year 2027 Financial Results
• Positive Sentiment: Outlook and strategic expansion provided support. Nextpower posted record fiscal-year revenue of $3.56 billion and raised its 2027 outlook. It also completed the acquisition of Zigor’s power-conversion assets and Apex Power, expanding its inverter and energy-storage offerings while accelerating U.S. manufacturing. Nextpower posts record FY26 revenue and raises 2027 outlook Nextpower Completes Acquisition of Power Conversion Assets
• Neutral Sentiment: Analysts remain broadly bullish, but targets were trimmed. Truist raised its target to $145, while RBC, JPMorgan and Susquehanna lowered targets to $147, $152 and $157, respectively. Each firm maintained a positive rating, leaving targets well above the current trading level but signaling somewhat reduced expectations.
• Neutral Sentiment: Options-market activity is drawing attention, but it does not establish a clear direction for NXT shares. Is the Options Market Predicting a Spike in Nextpower Stock?
• Negative Sentiment: Investors questioned the quality and durability of reported earnings. One analysis argued that more than $100 million in subsidies and over $100 million in annual stock-based compensation inflate headline profitability, while revenue growth could slow to below 5% by 2026. The company’s dependence on subsidies also limits organic expansion outside the United States. Nextpower: Correctly Estimating The Impact Of Risk
• Negative Sentiment: Recent insider-trading data showed 24 open-market sales and no purchases over six months, including sales by senior executives. That pattern may reinforce caution among investors.

About Nextpower

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.