Nextpower (NXT) Stock Price, News & Analysis

Company Overview

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. Its TrueCapture software leverages machine learning and environmental data to dynamically adjust tracker positioning for improved shade management and row-to-row optimization. The company also offers remote monitoring solutions, predictive maintenance alerts and energy forecasting modules that enable operators to manage project performance in real time and address issues before they impact generation.

Founded in 2013 as part of a technology-focused manufacturing group, Nextpower has grown from its California headquarters to serve projects across North America, Latin America, Europe, Asia and Australia. Over the past decade, the company has expanded its global footprint through strategic manufacturing facilities and regional service centers, supporting the rapid deployment of solar assets in diverse market conditions. Nextpower completed its initial public offering in 2023, positioning itself to accelerate innovation and scale operations worldwide.

Headquartered in Fremont, California, Nextpower maintains an executive leadership team with extensive experience in renewable energy, engineering and international business development. The company continues to invest in research and development to advance tracker efficiency, reduce installation time and integrate emerging technologies such as bifacial solar modules and robotic construction methods. By combining robust hardware with intelligent software, Nextpower aims to drive cost-effective and sustainable growth in the global solar energy industry.

Key Stats

• Today's Range: $118.46 to $125.71
• 50-Day Range: $101.16 to $130.42
• 52-Week Range: $41.25 to $131.72
• Volume: 603,333 shs
• Average Volume: 1.92 million shs
• Market Capitalization: $18.20 billion
• P/E Ratio: 31.33
• Dividend Yield: N/A
• Price Target: $117.79
• Consensus Rating: Moderate Buy

Nextpower Stock Analysis - MarketRank™

Nextpower scored higher than 43% of companies evaluated by MarketBeat, and ranked 154th out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Nextpower has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 1 strong buy rating, 19 buy ratings, 6 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Nextpower is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Nextpower has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.69%

Earnings Growth

Earnings for Nextpower are expected to grow by 2.69% in the coming year, from $3.72 to $3.82 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nextpower is 30.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nextpower is 30.83, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 15.65.

Price to Earnings Growth Ratio

Nextpower has a PEG Ratio of 5.70. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Nextpower has a P/B Ratio of 10.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.24% of the float of Nextpower has been sold short.

Short Interest Ratio / Days to Cover

Nextpower has a short interest ratio ("days to cover") of 4.46.

Change versus previous month

Short interest in Nextpower has recently decreased by 2.25%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nextpower does not currently pay a dividend.

Dividend Growth

Nextpower does not have a long track record of dividend growth.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.17

News Sentiment

Nextpower has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Nextpower this week, compared to 8 articles on an average week.

Search Interest

Only 8 people have searched for NXT on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.

MarketBeat Follows

22 people have added Nextpower to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nextpower insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,283,675.00 in company stock.

Percentage Held by Insiders

0.56% of the stock of Nextpower is held by insiders.

Percentage Held by Institutions

67.41% of the stock of Nextpower is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NXT Stock Analysis - Frequently Asked Questions

How have NXT shares performed this year?

Nextpower's stock was trading at $87.11 at the beginning of the year. Since then, NXT stock has increased by 38.6% and is now trading at $120.76.

How were Nextpower's earnings last quarter?

Nextpower Inc. (NASDAQ:NXT) posted its quarterly earnings data on Tuesday, January, 27th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.93 by $0.17. The business earned $909.35 million during the quarter, compared to analyst estimates of $812.43 million. Nextpower had a net margin of 16.43% and a trailing twelve-month return on equity of 32.01%.
Read the conference call transcript.

When did Nextpower IPO?

Nextpower (NXT) raised $501 million in an initial public offering (IPO) on Thursday, February 9th 2023. The company issued 23,300,000 shares at a price of $20.00-$23.00 per share. J.P. Morgan, BofA Securities, Citigroup, Barclays, Truist Securities, HSBC, BNP PARIBAS, Mizuho, Scotiabank and KeyBanc Capital Markets served as the underwriters for the IPO.

Who are Nextpower's major shareholders?

Nextpower's top institutional investors include Pictet Asset Management Holding SA (1.86%), Principal Financial Group Inc. (0.30%), Arbejdsmarkedets Tillaegspension (0.14%) and SG Americas Securities LLC (0.14%). Insiders that own company stock include Tpg Gp A, Llc, Daniel S Shugar, Howard Wenger, Charles D Boynton, Bruce Ledesma, Nicholas Marco Miller, David P Bennett, Leah Schlesinger and William D Watkins.
View institutional ownership trends.

How do I buy shares of Nextpower?

Shares of NXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Nextpower own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nextpower investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 1/27/2026
• Today: 5/05/2026
• Next Earnings (Confirmed): 5/12/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Solar
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:NXT
• CIK: 1852131
• Web: www.nextpower.com
• Phone: 510-270-2500
• Fax: N/A
• Employees: 1,300
• Year Founded: 2013

Price Target and Rating

• Average Price Target for Nextpower: $117.79
• High Price Target: $147.33
• Low Price Target: $65.00
• Potential Upside/Downside: -3.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 26 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.91
• Trailing P/E Ratio: 31.33
• Forward P/E Ratio: 32.96
• P/E Growth: 5.7
• Net Income: $509.17 million
• Net Margins: 16.43%
• Pretax Margin: 20.89%
• Return on Equity: 32.01%
• Return on Assets: 17.25%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.36
• Quick Ratio: 2.11

Sales & Book Value

• Annual Sales: $3.60 billion
• Price / Sales: 5.05
• Cash Flow: $3.75 per share
• Price / Cash Flow: 32.72
• Book Value: $11.18 per share
• Price / Book: 10.97

Miscellaneous

• Outstanding Shares: 148,476,000
• Free Float: 147,645,000
• Market Cap: $18.20 billion
• Optionable: Not Optionable
• Beta: 1.60