Nextpower (NXT) Set to Release Quarterly Earnings on Wednesday

Key Points

• Nextpower is scheduled to report Q2 2027 results after market close on October 28, 2026. Analysts expect earnings of $1.11 per share on revenue of $1.06 billion.
• In its previous quarter, the company earned $1.20 per share, beating estimates by $0.15, while revenue of $935.17 million was roughly in line with expectations. Analysts project full-year EPS of $3.80 and next-year EPS of $4.55.
• The stock opened at $79.03, near its 52-week low and well below its 50-day and 200-day moving averages. Despite recent insider selling, analysts maintain a “Moderate Buy” consensus with an average price target of $140.85.

Nextpower (NASDAQ:NXT - Get Free Report) is projected to release its Q2 2027 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $1.11 per share and revenue of $1.06 billion for the quarter. Parties are encouraged to explore the company's upcoming Q2 2027 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

Nextpower (NASDAQ:NXT - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.15. The business had revenue of $935.17 million during the quarter, compared to analyst estimates of $935.39 million. Nextpower had a return on equity of 26.29% and a net margin of 16.36%. On average, analysts expect Nextpower to post $3.80 EPS for the current fiscal year and $4.55 EPS for the next fiscal year.

Nextpower Stock Down 0.8%

NASDAQ:NXT opened at $79.03 on Wednesday. The business's 50-day simple moving average is $84.99 and its two-hundred day simple moving average is $105.83. The stock has a market cap of $11.99 billion, a PE ratio of 20.47, a P/E/G ratio of 1.92 and a beta of 1.94. Nextpower has a 52 week low of $76.71 and a 52 week high of $163.13.

Insider Buying and Selling at Nextpower

In related news, CEO Daniel S. Shugar sold 67,636 shares of the firm's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $103.07, for a total value of $6,971,242.52. Following the completion of the transaction, the chief executive officer directly owned 871,131 shares of the company's stock, valued at approximately $89,787,472.17. This trade represents a 7.20% 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, President Howard Wenger sold 11,176 shares of the business's stock in a transaction on 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 $43,993,769.04. This represents a 2.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 100,431 shares of company stock worth $10,039,748. Company insiders own 0.84% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. BMO Capital Markets upgraded Nextpower from a "hold" rating to an "outperform" rating and set a $132.00 target price for the company in a research report on Friday, July 31st. Glj Research reissued a "buy" rating and issued a $149.00 price target on shares of Nextpower in a report on Wednesday, August 5th. Zacks Research cut Nextpower from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 11th. Mizuho dropped their price target on Nextpower from $111.00 to $101.00 and set a "neutral" rating for the company in a research note on Thursday, October 15th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $168.00 price objective on shares of Nextpower in a report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $140.85.

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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