Nextpower (NXT) Stock Overview
Provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
NXT Community Fair Values
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Analyst Price Targets
Nextpower Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$82.89 |
| 52 Week High | US$163.13 |
| 52 Week Low | US$65.75 |
| Beta | 1.92 |
| 1 Month Change | -20.04% |
| 3 Month Change | -31.99% |
| 1 Year Change | 24.27% |
| 3 Year Change | 93.31% |
| 5 Year Change | n/a |
| Change since IPO | 172.13% |
Recent News & Updates
Narrative Update • Sep 03
NXT: Storage And European Expansion Will Support Higher Future P/E Premium
Analysts have trimmed their fair value estimate for Nextpower from $101.61 to $98.33, as slightly higher discount rate assumptions and more moderate revenue growth expectations are only partly offset by a small uplift in projected profit margins and a marginally lower future P/E multiple. What's in the News for Nextpower Nextpower received a U.S. patent for its NX PowerMerge electrical balance of systems solution, with the company reporting that the NX PowerMerge project backlog is now over 2 GW.
Narrative Update • Aug 15
NXT: Raised Guidance And Buybacks Will Support Future Upside Potential
Analysts have reduced their price target on Nextpower from $182 to $175, reflecting updated assumptions that include higher projected revenue growth, slightly lower expected profit margins, and a reduced future P/E multiple. What’s in the News for Nextpower Nextpower missed Wall Street revenue expectations in Q2 CY2026 on sales of US$935.2 million, recorded year on year sales growth of 8.2%, raised full year revenue and adjusted EPS guidance, reported a slight decline in operating margin, and reported an improvement in free cash flow margin.Recent updates
Narrative Update • Sep 03
NXT: Storage And European Expansion Will Support Higher Future P/E Premium
Analysts have trimmed their fair value estimate for Nextpower from $101.61 to $98.33, as slightly higher discount rate assumptions and more moderate revenue growth expectations are only partly offset by a small uplift in projected profit margins and a marginally lower future P/E multiple. What's in the News for Nextpower Nextpower received a U.S. patent for its NX PowerMerge electrical balance of systems solution, with the company reporting that the NX PowerMerge project backlog is now over 2 GW.Narrative Update • Aug 15
NXT: Raised Guidance And Buybacks Will Support Future Upside Potential
Analysts have reduced their price target on Nextpower from $182 to $175, reflecting updated assumptions that include higher projected revenue growth, slightly lower expected profit margins, and a reduced future P/E multiple. What’s in the News for Nextpower Nextpower missed Wall Street revenue expectations in Q2 CY2026 on sales of US$935.2 million, recorded year on year sales growth of 8.2%, raised full year revenue and adjusted EPS guidance, reported a slight decline in operating margin, and reported an improvement in free cash flow margin.Narrative Update • Jul 31
NXT: Storage And European Expansion Will Sustain Elevated P/E Premium
Nextpower's analyst price target has been adjusted from about $105.05 to roughly $101.61. Analysts point to updated assumptions for discount rate, revenue growth, profit margin and future P/E as key drivers of the change.Seeking Alpha • Jul 31
Nextpower: Correctly Estimating The Impact Of Risk
Summary NextPower remains a HOLD due to heavy reliance on subsidies and significant SBC distorting true profitability, despite strong revenue growth and a robust backlog. NXT's headline earnings are materially inflated by $100M+ in subsidies and $100M+ in annual SBC, reducing true EPS and raising effective P/E multiples. Growth is decelerating sharply, with revenue growth projected to fall below 5% by 2026 and limited organic expansion outside the U.S. due to subsidy dependence. I assign a fair value target of $81/share, reflecting muted upside and risk/reward that does not meet my 15% annualized hurdle. Read the full article on Seeking AlphaNarrative Update • Jul 02
NXT: Elevated P/E Will Persist As Storage Deals Outrun Earnings Power
Analysts have lifted their price target for Nextpower from about $89.95 to roughly $105.05, citing updated assumptions for revenue growth, profit margins and future P/E that feed into a higher fair value estimate despite a slightly higher discount rate. What’s in the News for Nextpower Nextpower agreed to acquire Prevalon Energy, a U.S. battery energy storage systems provider, to extend its business into energy storage, energy management software, and critical power infrastructure, with Prevalon contributing over 6 GWh of deployed storage and 1.3 GW of firm supply contracts supporting AI and hyperscaler data centers (source: company announcement).
Narrative Update • Jun 18
NXT: Battery Storage And AI Power Solutions Will Support Long Term Opportunity
Analysts have lifted their price target on Nextpower stock from $142.04 to $150.19, citing updated forecasts that include a revenue growth assumption of 18.37%, a profit margin of 15.42% and a forward P/E of 33.89, along with a slightly lower discount rate of 9.37%. What's in the News for Nextpower Nextpower agreed to acquire U.S. battery storage provider Prevalon Energy for up to US$365 million, adding utility scale battery energy storage systems and energy management software to its core solar tracking platform and targeting power solutions for utility grids and AI hyperscale data centers.Analysis Article • Jun 16
Nextpower (NXT) Stock Could Be 11.6% Undervalued After Renewables Rally
Signals of easing geopolitical tension and lower oil prices helped lift sentiment across renewable energy stocks, and Nextpower (NXT) participated in the move as investors reassessed risks tied to supply-chain disruptions. See our latest analysis for Nextpower. Nextpower’s share price has been volatile around geopolitical headlines, with a 7 day share price return of 5.32% and a 30 day share price return down 12.94%. However, the year to date share price return of 35.40% and a 1 year total...Narrative Update • Jun 04
NXT: Expanded Storage And Power Conversion Platform Will Support Future Upside
Analysts have raised their price target on Nextpower from $145.00 to $182.00, citing updated assumptions for revenue growth, discount rate, profit margin, and future P/E that they see as better reflecting the stock's risk and earnings profile. What's in the News Nextpower agreed to acquire selected power conversion assets from Zigor Corporation and Apex Power, expanding its offering into utility scale solar power conversion, battery energy storage, and data center markets.Narrative Update • May 15
NXT: U.S. Manufacturing And Data Partnerships Will Support Balanced Long Term Opportunity
Analysts have lifted their price target for Nextpower from $121.74 to $142.04, citing updated assumptions that include higher projected revenue growth, a slightly stronger profit margin, a modestly higher discount rate, and a richer future P/E multiple. What's in the News Updated fiscal 2027 guidance: Nextpower now expects revenue of $3.8b to $4.1b, GAAP net income of $501 million to $559 million, and GAAP diluted EPS of $3.19 to $3.56 for the year (Corporate guidance).Narrative Update • Apr 28
NXT: Hail Resilience Data And U.S. Frames Will Support Future Upside
Analysts have kept Nextpower’s price target steady at $145.00. They cite updated assumptions for a lower discount rate, slightly higher revenue growth and profit margin expectations, and a reduced future P/E multiple as reasons for maintaining their view.Narrative Update • Apr 14
NXT: Elevated P/E Will Persist Despite Guidance Boost And Aggressive Buyback
Analysts have raised their price target on Nextpower to about $90 from roughly $89, citing updated assumptions that include adjusted discount rates, revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News Nextpower entered a data sharing pilot with kWh Analytics, providing real time and historical hail stow performance data from its solar tracking systems to help refine insurance risk models for extreme weather exposure (Client Announcements).Narrative Update • Mar 30
NXT: Elevated P/E And Buybacks Will Continue To Outrun Fundamental Earnings Power
Analysts have raised their price target on Nextpower from $79.83 to $88.63, citing updated assumptions that include slightly adjusted discount rates, a change in revenue growth expectations to 7.55%, a profit margin assumption of 14.24%, and a forward P/E of about 28x. What's in the News Nextpower entered a multi year supply agreement with Jinko Solar (U.S.) Industries for more than 1 GW of U.S. manufactured steel module frames, scalable to up to 3 GW over three years.Narrative Update • Mar 16
NXT: Middle East Manufacturing Expansion Will Support Future Upside Potential
Analysts now place Nextpower's price target at $145, up from $128. This reflects updated views on its fair value, a slightly adjusted discount rate, and expectations for revenue growth, profit margin, and future P/E assumptions.Narrative Update • Mar 02
NXT: Saudi Manufacturing Expansion Will Drive Buybacks And Undervalued Upside
Analysts have kept their price target for Nextpower broadly in line with prior views, with only a marginal adjustment reflecting slightly updated assumptions for the discount rate, long term revenue growth, profit margin and future P/E. Together, these leave their fair value estimate essentially unchanged at $121.74.Narrative Update • Feb 16
NXT: Saudi Projects And Buybacks Will Support Steady Outlook
Analysts have raised their price target on Nextpower from about $102.54 to roughly $121.74, citing updated assumptions that include slightly higher profit margin expectations and a modestly higher future P/E multiple, partly offset by more subdued revenue growth and a slightly higher discount rate. What's in the News Nextpower Arabia, the joint venture between Nextpower and Abunayyan Holding, agreed to supply 2.25 GWp of advanced solar tracking systems to Larsen & Toubro for the Bisha Solar project in Saudi Arabia.Analysis Article • Feb 04
Nextpower Inc. (NASDAQ:NXT) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Nextpower Inc. ( NASDAQ:NXT ) shareholders would be excited to see that the share price has had a great month, posting...Narrative Update • Feb 02
NXT: Elevated P/E And Buybacks Will Likely Outrun Fundamental Earnings Power
Analysts have raised their price target for Nextpower to $79.83 from $69.82, citing updated assumptions for slightly higher profit margins and a higher future P/E multiple. At the same time, they have moderated revenue growth expectations and made a small adjustment to the discount rate.Narrative Update • Jan 19
NXT: Middle East Solar Expansion And New Facilities Will Support Upside Potential
Analysts have raised their price target for Nextpower from $90.68 to $128.00, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that increase their overall valuation. What's in the News Nextpower and Abunayyan Holding completed the incorporation of their joint venture, Nextpower Arabia, in Riyadh to support utility-scale solar projects across the Middle East and North Africa, with plans for a localized manufacturing and supply chain capacity of up to 12 GW per year and up to 2,000 jobs in Saudi Arabia (Key Developments).Narrative Update • Jan 05
NXT: Elevated Earnings Multiple Will Likely Outpace Moderating Profit Margins
Analysts have raised their price target for Nextpower by approximately $19 to about $70 per share. This reflects expectations for faster revenue growth and a higher future earnings multiple that more than offset slightly lower projected profit margins and a modestly higher discount rate.Narrative Update • Dec 14
NXT: Raised 2026 Guidance And Expanded Manufacturing Footprint Will Drive Upside
Analysts have modestly raised their price target on Nextpower to approximately $102.54 from $101.42, citing slightly stronger expectations for revenue growth and valuation multiples that more than offset a minor compression in projected profit margins and a marginally higher discount rate. What's in the News Rebranded from Nextracker Inc.Narrative Update • Nov 28
NXT: Fiscal 2026 Guidance Lift and US Manufacturing Deal Will Support Upside
Analysts have updated their price target for Nextpower, raising it from $99.04 to $101.42. They cite modest adjustments to growth projections and profitability assumptions as reasons for this change.Narrative Update • Nov 14
NXT: Fiscal 2026 Earnings Outlook and New Partnership Will Drive Further Gains
Analysts have slightly raised their price target for Nextpower from $98.65 to $99.04. This adjustment reflects updated assumptions around growth rates, discount rates, and profitability margins.Narrative Update • Oct 31
NXT: Expanding Global Partnerships And Profit Outlook Will Maintain Balanced Prospects
Analysts have raised Nextracker's fair value price target from $78.38 to $98.65, citing minor adjustments in growth expectations and profitability forecasts. What's in the News Nextracker launched its NX Earth Truss foundation solution in Australia, supported by a grant from the Australian Renewable Energy Agency to accelerate large-scale solar deployment and simplify building on challenging terrain (Key Developments).Narrative Update • Oct 17
Global R&D Expansion And Strong Solar Demand Will Strengthen Position, But Profit Margins May Decline
Nextracker's analyst price target has been raised from $73.08 to $78.38 per share. Analysts cite improved revenue growth and slightly higher profit margins as supporting factors for an increased valuation.Narrative Update • Oct 03
Global R&D Expansion And Strong Solar Demand Will Strengthen Position, But Profit Margins May Decline
Analysts have raised their price target for Nextracker from $70.84 to $73.08, citing improved revenue growth and profit margin expectations as key factors supporting the upward revision. What's in the News Nextracker launched the NX PowerMerge trunk connector, a next generation DC power component.Narrative Update • Aug 19
Global R&D Expansion And Strong Solar Demand Will Strengthen Position, But Profit Margins May Decline
Nextracker’s fair value assessment was essentially maintained, as both the future P/E and discount rate saw only marginal changes, resulting in the consensus analyst price target inching up slightly from $70.21 to $70.68. What's in the News Nextracker secured a contract to supply 1.5 GW of solar trackers and technology to Casa dos Ventos for four new utility-scale solar projects in Brazil, supporting hybrid wind-solar plant development and furthering its strong presence in Latin America.Shareholder Returns
| NXT | US Electrical | US Market | |
|---|---|---|---|
| 7D | -1.9% | -0.5% | -2.2% |
| 1Y | 24.3% | 33.8% | 13.1% |
Return vs Industry: NXT underperformed the US Electrical industry which returned 33.8% over the past year.
Return vs Market: NXT exceeded the US Market which returned 13.1% over the past year.
Price Volatility
| NXT volatility | |
|---|---|
| NXT Average Weekly Movement | 8.6% |
| Electrical Industry Average Movement | 12.3% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: NXT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NXT's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 1,993 | Dan Shugar | www.nextpower.com |
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects.
Nextpower Inc. Fundamentals Summary
| NXT fundamental statistics | |
|---|---|
| Market cap | US$12.34b |
| Earnings (TTM) | US$594.06m |
| Revenue (TTM) | US$3.63b |
21.2x
P/E Ratio3.5x
P/S RatioIs NXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXT income statement (TTM) | |
|---|---|
| Revenue | US$3.63b |
| Cost of Revenue | US$2.80b |
| Gross Profit | US$834.35m |
| Other Expenses | US$240.29m |
| Earnings | US$594.06m |
Last Reported Earnings
Jul 03, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.92 |
| Gross Margin | 22.98% |
| Net Profit Margin | 16.36% |
| Debt/Equity Ratio | 0% |
How did NXT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 21:52 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/07/03 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nextpower Inc. is covered by 37 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Kallo | Baird |
| Christine Cho | Barclays |
| null null | BMO Capital Markets Equity Research |