Nextpower Inc. (NXT) Stock Price & Analysis
Nextpower Inc. (NXT) closed at USD 77.63 on Thursday, October 22, 2026, down 5.06% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 81.77; the Oct 22, 2026 session ranged USD 76.5–80.48 on volume of 2,295,589 shares. Market capitalization is $11.93B, with a 52-week range of USD 76.5–163.13 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NXT.md
Key facts (NXT)
- Last four reported quarters (through Jul 3, 2026): revenue $3.63B, net income $594M (16.4% margin), free cash flow $549M (SEC filings).
- Valuation: P/E 20.1x (avg 23.6x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold NXT (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.86 on a 1–5 scale) (29 analysts), mean target USD 132.11 (range 70–175).
- Total return with dividends: 1Y -14.1% vs S&P 500 +14.9%; 5Y +150.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 1.1, revenue estimate $1.06B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NXT)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.46B | $1.90B | $2.50B | $2.96B | $3.56B | $3.63B |
| Gross profit | $147M | $287M | $813M | $1.01B | $1.16B | — |
| Operating income | $65.9M | $168M | $587M | $639M | $697M | $702M |
| Net income | $0K | $1.1M | $306M | $509M | $586M | $594M |
| EPS (diluted) | — | $0.02 | $3.37 | $3.47 | $3.84 | — |
| Free cash flow | -$153M | $104M | $423M | $622M | $514M | $549M |
| Gross margin | 10.1% | 15.1% | 32.5% | 34.1% | 32.6% | — |
| Operating margin | 4.5% | 8.9% | 23.5% | 21.6% | 19.6% | 19.3% |
| Net margin | 0.0% | 0.1% | 12.3% | 17.2% | 16.5% | 16.4% |
| Revenue growth | +21.9% | +30.5% | +31.4% | +18.4% | +20.3% | — |
| Cash + short-term investments | $29.1M | $130M | $474M | $766M | $1.09B | — |
| Total debt | $0K | $147M | $148M | $0K | — | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 3, 2026) (NXT)
P/E 20.1x · P/S 3.3x · P/FCF 21.7x · P/B 4.7x · FCF yield 4.60% · Earnings yield 4.98%
P/E at fiscal year-ends: Mar 2026 31.4x, Mar 2025 12.4x, Mar 2024 27.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (NXT)
1 of 80 tracked investors hold NXT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Terry Smith | Fundsmith | 2.49% | $340M | New position |
Analysts (NXT)
Consensus Buy (mean 1.86 on a 1–5 scale), 29 analysts; mean target USD 132.11 (low 70, high 175).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Citigroup | Target lowered | Buy | $121 → $111 |
| 2026-10-21 | BMO Capital | Target lowered | Outperform | $132 → $114 |
| 2026-10-19 | JP Morgan | Target lowered | Overweight | $152 → $136 |
| 2026-10-15 | Mizuho | Target lowered | Neutral | $111 → $101 |
| 2026-10-14 | Susquehanna | Target lowered | Positive | $157 → $150 |
| 2026-10-13 | Barclays | Target lowered | Overweight | $147 → $146 |
| 2026-10-07 | Citigroup | Target lowered | Buy | $132 → $121 |
| 2026-09-30 | Piper Sandler | Target lowered | Overweight | $116 → $110 |
| 2026-09-22 | Baird | Target lowered | Outperform | $156 → $116 |
| 2026-09-09 | Piper Sandler | Initiated | Overweight | $116 |
| 2026-08-05 | GLJ Research | Reiterated | Buy | $149 |
| 2026-08-04 | Mizuho | Target lowered | Neutral | $142 → $111 |
Total return (dividends reinvested) (NXT)
| 1Y (from 2025-10-23) | 5Y (from 2023-02-06) | |
|---|---|---|
| Total return | -14.1% | +150.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -14.2% | +28.1% |
| Volatility (annualized) | 66.6% | 58.5% |
| Max drawdown | -50.4% (May 2026→Oct 2026) | -50.4% (May 2026→Oct 2026) |
NXT revenue by region (quarter ended Jul 3, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. | $775.6M | 82.9% | +29.4% |
| Rest of the World | $159.6M | 17.1% | -39.7% |
| Total revenue | $935.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
NXT suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Bentek | “The acquisition combines Bentek's engineered, pre-assembled eBOS solutions with our solar tracker platform, providing customers with streamlined procurement and project logistics from a single source.” |
Quoted from the company's 10-K filed May 19, 2026.
NXT customer concentration
In the period ended Mar 31, 2024, a single direct customer accounted for 17% of revenue, per the company's 10-K filed May 19, 2026. The company does not name it.
NXT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.10 | $1.16 | -5.4% | $1.06B | 22 |
| Next quarter (ends Dec 2026) | $1.18 | $1.25 | -5.8% | $1.15B | 21 |
| Current fiscal year (ends Mar 2027) | $4.67 | $4.72 | -1.1% | $4.33B | 21 |
| Next fiscal year (ends Mar 2028) | $5.69 | $5.92 | -4.0% | $5.20B | 21 |
NXT options: expected move
Options price a move of about ±18.5% (±$14.30) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±13.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 82.0% | ±18.5% |
| Dec 18, 2026 | 56 | 71.8% | ±22.5% |
| Jan 15, 2027 | 84 | 67.6% | ±25.9% |
| Feb 19, 2027 | 119 | 70.3% | ±31.7% |
| May 21, 2027 | 210 | 69.0% | ±40.9% |
30-day implied volatility 79% vs 52.7% realized over the last 30 trading days. Put/call ratio (volume) 1.19. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 77.63 |
|---|---|
| Change | ▼ 5.06% (down) |
| Previous Close | USD 81.77 |
| Open | USD 79 |
| Day Range | USD 76.5 – 80.48 |
| 52-Week Range | USD 76.5 – 163.13 |
| Volume | 2,295,589 shares |
| Market Cap | $11.93B |
| Exchange | NMS |
Technical Analysis (NXT)
Nexqual's technical model rates NXT "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 41.37 (neutral) |
| vs SMA50 | Below (USD 84.42) |
| MACD | -1.26 (negative) |
Analyst Ratings (NXT)
Wall Street analysts rate NXT "Buy" based on 29 analysts, with a mean price target of USD 132.11 (range USD 70–175), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 29 |
| Mean Target | USD 132.11 |
| High Target | USD 175 |
| Low Target | USD 70 |
| Buy / Hold / Sell | 26 / 3 / 0 |
Earnings (NXT)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 1.1 |
| Revenue Estimate | $1.06B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.2 vs est 1.05 ▲ beat |
| 2025-12-31 | USD 1.1 vs est 0.94 ▲ beat |
| 2025-09-30 | USD 1.19 vs est 1.01 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (NXT)
| Total Revenue | $3.63B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +8.20% |
| Gross Margin | +22.98% |
| Operating Margin | +20.86% |
| Profit Margin | +16.36% |
| ROE | +27.22% |
| Debt / Equity | 0.02 |
| Current Ratio | 2.69 |
| Total Cash | $1.21B |
| Total Debt | $38.40M |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $548.73M (15.1% of revenue) |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (NXT)
Nexqual rates Nextpower Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Strong — Revenue +18% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 23%, operating 21% (last 12 months) |
| Balance Sheet | Strong — $1.21B cash vs $38M debt, net cash position |
| Cash Flow | Strong — FCF $549M (last 4 quarters to Jul 2026, SEC), 15% margin |
| Efficiency | Strong — ROE 27%, ROA 11.7% |
Ownership (NXT)
| Insider Ownership | +0.64% |
|---|---|
| Institutional Ownership | +107.74% |
| Shares Outstanding | 151.73M |
| Float | 149.09M |
| Short % of Float | +8.80% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (NXT)
Nextpower Inc. is led by Daniel S. Shugar, Co-Founder, CEO & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.
| Co-Founder, CEO & Director | Daniel S. Shugar |
|---|---|
| Director & President | Howard J. Wenger |
| Chief Financial Officer | Charles D. Boynton |
| Co-Founder & CTO | Alex Au |
| Co-Founder & Chief Strategy Officer | Mike Mehawich |
Major Backers & Investors (NXT)
Notable institutional backers of Nextpower Inc. include FMR, LLC, Primecap Management Company, Fidelity, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 12.36% |
| Primecap Management Company | 4.41% |
| Fidelity | 3.47% |
| Invesco | 3.21% |
| Wellington Management | 2.26% |
| First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc | 2.13% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 13.93% |
| Vanguard Group | 8.22% |
| State Street | 3.12% |
| Geode Capital | 2.26% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Nextpower Inc.'s Latest SEC 10-K Filing (filed 2026-05-19)
Key Strengths & Strategy (as disclosed to the SEC)
- Our integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability, and enhance customer return on investment ("ROI").
- Our intelligent independent row tracking system incorporates proprietary technology that we believe produces more energy, lowers operating costs, is easier to deploy, and has greater reliability compared to linked row, other independent tracker products and fixed-tilt systems.
- The success of our business depends, in part, on our ability to maintain and protect our proprietary technologies, information, processes and know-how.
- We have developed the next generation of solar trackers that enable rows to move independently, providing further benefits to customers.
Partnerships
- We collaborate with a range of third parties, including suppliers, technology providers, engineering, procurement and construction (EPC) firms, developers, and other industry participants, to support the deployment and operation of our solar solutions.
- In fiscal year 2026, we established a joint venture in the Kingdom of Saudi Arabia with Abdullah Abunayyan Investment Holding ("Abunayyan") to support the continued growth of our business in the Middle East and North Africa region.
Legal & Regulatory Risks (Item 1A, quoted)
- The reduction, elimination or expiration of government incentives for, or regulations mandating or restricting the use of, renewable energy and solar energy specifically could reduce demand for solar energy systems and harm our business.
- Our business, operating results and financial condition could be materially harmed by evolving regulatory uncertainty or obligations applicable to our products and services.
- Failure to comply with current or future federal, state, local and foreign laws, regulations, rules and industry standards relating to privacy and data protection could adversely affect our business, financial condition, results of operations and prospects.
- Our continued expansion into new markets could subject us to additional business, financial, regulatory and competitive risks.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FSLR | First Solar, Inc. | USD 171.25 | ▼ 2.04% |
| ENPH | Enphase Energy, Inc. | USD 31.35 | ▼ 2% |
| SEDG | SolarEdge Technologies, Inc. | USD 32.94 | ▼ 0.75% |
| RUN | Sunrun Inc. | USD 7.7 | ▲ 1.05% |
| SHLS | Shoals Technologies Group, Inc. | USD 7.73 | ▼ 2.83% |
| CSIQ | Canadian Solar Inc. | USD 9.22 | ▼ 6.21% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
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