Nextpower (NXT) Expected to Release Earnings on Wednesday

by · The Markets Daily

Nextpower (NASDAQ:NXT – Get Free Report) is expected to issue 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 $1.07 billion for the quarter. Parties can check the company’s upcoming Q2 2027 earnings report 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 released its quarterly earnings results on Thursday, July 30th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.15. Nextpower had a net margin of 16.36% and a return on equity of 26.29%. The firm had revenue of $935.17 million during the quarter, compared to analyst estimates of $935.39 million. 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 Performance

NASDAQ:NXT opened at $78.89 on Monday. The firm’s fifty day moving average is $83.56 and its 200-day moving average is $105.15. Nextpower has a 52 week low of $75.40 and a 52 week high of $163.13. The firm has a market cap of $11.97 billion, a P/E ratio of 20.44, a P/E/G ratio of 1.90 and a beta of 1.94.

Wall Street Analysts Forecast Growth

NXT has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Nextpower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. Mizuho cut 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. Zacks Research cut shares of Nextpower from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Citigroup decreased their price target on Nextpower from $121.00 to $111.00 and set a “buy” rating for the company in a report on Wednesday, October 21st. Finally, Glj Research reissued a “buy” rating and issued a $149.00 price objective on shares of Nextpower in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Nextpower has a consensus rating of “Moderate Buy” and a consensus price target of $139.77.

Check Out Our Latest Stock Report on Nextpower

Insider Activity

In other Nextpower news, Director Julia Blunden sold 3,723 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $88.08, for a total transaction of $327,921.84. Following the transaction, the director directly owned 6,434 shares in the company, valued at approximately $566,706.72. This represents a 36.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Daniel Shugar sold 67,636 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $103.07, for a total transaction of $6,971,242.52. Following the sale, 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 100,431 shares of company stock worth $10,039,748. Company insiders own 0.84% of the company’s stock.

Nextpower Company Profile

(Get Free Report)

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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