Nextpower (NASDAQ:NXT) Announces FY 2027 Earnings Guidance

Key Points

• Nextpower issued FY 2027 guidance above expectations: EPS is projected at $4.61–$4.87 versus the $4.50 consensus, while revenue is forecast at $4.2–$4.5 billion, compared with the $4.3 billion estimate.
• The company’s latest quarterly results also beat forecasts, with EPS of $1.31 versus $1.10 expected and revenue of $1.11 billion versus $1.06 billion. Nextpower additionally authorized a $500 million share repurchase.
• Shares fell about 1% to $79.06, well below their 52-week high of $163.13. Analysts remain broadly bullish with a “Moderate Buy” consensus and a $137 average price target, although several firms recently trimmed their targets and insiders have sold shares.

Nextpower (NASDAQ:NXT - Get Free Report) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share (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 1.0%

Nextpower stock opened at $79.06 on Friday. The stock has a fifty day moving average price of $82.58 and a 200 day moving average price of $106.76. Nextpower has a 52 week low of $75.40 and a 52 week high of $163.13. The firm has a market capitalization of $12.00 billion, a P/E ratio of 19.42, a PEG ratio of 1.98 and a beta of 1.94.

Nextpower (NASDAQ:NXT - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.21. Nextpower had a return on equity of 26.13% and a net margin of 15.98%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.06 billion. As a group, equities analysts predict that Nextpower will post 3.80 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on NXT shares. Needham & Company LLC lowered their target price on Nextpower from $149.00 to $143.00 and set a "buy" rating for the company in a report on Thursday. Truist Financial increased their price objective on Nextpower from $140.00 to $145.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Piper Sandler reduced their price objective on shares of Nextpower from $116.00 to $110.00 and set an "overweight" rating for the company in a report on Wednesday, September 30th. Barclays dropped their price objective on Nextpower from $147.00 to $146.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 13th. Finally, Mizuho decreased their price target on shares of Nextpower from $111.00 to $101.00 and set a "neutral" rating on the stock in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $137.00.

Insiders Place Their Bets

In other Nextpower news, Director Julia Blunden sold 3,692 shares of Nextpower stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $84.10, for a total transaction of $310,497.20. Following the sale, the director directly owned 2,742 shares of the company's stock, valued at approximately $230,602.20. The trade was a 57.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brandi Thomas sold 7,415 shares of the company's stock in a transaction on 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 sale, the director owned 7,914 shares in the company, valued at $722,152.50. This trade represents a 48.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 100,431 shares of company stock valued at $10,039,748 in the last 90 days. 0.84% of the stock is currently owned by corporate insiders.

Trending Headlines about Nextpower

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Nextpower reported fiscal Q2 2027 adjusted EPS of $1.31, above the $1.10 consensus estimate, while revenue of $1.11 billion exceeded expectations of $1.06 billion. Earnings also increased from $1.19 per share a year earlier. Nextpower Q2 earnings and revenues beat estimates
• Positive Sentiment: The company issued fiscal 2027 EPS guidance of $4.61-$4.87, above the $4.50 analyst consensus. Revenue guidance of $4.2 billion-$4.5 billion brackets the $4.3 billion consensus, suggesting management remains confident in demand and execution.
• Positive Sentiment: Nextpower authorized a $500 million share repurchase, adding potential support for per-share earnings and signaling confidence in its balance sheet. Reports also highlighted 34% year-over-year revenue growth and a substantial backlog. Nextpower stock and $500 million buyback
• Neutral Sentiment: JPMorgan, Susquehanna and Needham each reduced their price targets modestly, but retained bullish ratings ranging from “overweight” to “buy.” Their revised targets remain substantially above the recent trading level, indicating analysts see considerable long-term upside.
• Negative Sentiment: Although sales and earnings beat estimates, reports noted margin pressure. The combination of lower analyst targets and declining margins could limit the stock’s near-term advance if profitability does not improve alongside revenue growth.

Nextpower Company Profile

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.

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