Symbols / NXT Stock $146.47 -3.78% Nextpower Inc.

Technology • Solar • United States • NMS
NXT (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Solar
CEO Mr. Daniel S. Shugar
Exch · Country NMS · United States
Market Cap 22.29B
Enterprise Value 20.92B
Income 585.88M
Sales 3.56B
FCF (ttm) 311.73M
Book/sh 15.63
Cash/sh 7.63
Employees 1,993
Insider 10d —
IPO Feb 09, 2023
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 38.14
Forward P/E 27.07
PEG 5.50
P/S 6.26
P/B 9.37
P/C —
EV/EBITDA 28.34
EV/Sales 5.88
Quick Ratio 2.10
Current Ratio 2.45
Debt/Eq 2.27
LT Debt/Eq —
EPS (ttm) 3.84
EPS next Y 5.41
EPS Growth -7.10%
Revenue Growth -4.70%
EPS Gr Q/Q -3.90%
Rev Gr Q/Q —
Earnings (next) 2026-07-30
Earnings (prior) 2026-01-27
ROA 12.17%
ROE 29.57%
ROIC —
Gross Margin 21.92%
Oper. Margin 18.16%
Profit Margin 16.46%
Shs Outstand 150.27M
Shs Float 147.85M
Insider Own 0.63%
Instit Own 114.47%
Short Float 6.98%
Short Ratio 3.97
Short Interest 9.02M
52W High 163.13
vs 52W High -10.21%
52W Low 51.69
vs 52W Low 183.36%
Beta 1.60
Impl. Vol. 82.25%
Rel Volume 1.11
Avg Volume 2.12M
Volume 2.36M
Target (mean) $149.73
Tgt Median $150.00
Tgt Low $64.00
Tgt High $182.00
# Analysts 26
Recom Buy
Prev Close $152.22
Price $146.47
Change -3.78%
About

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$149.73
Mean price target
2. Current target
$146.47
Latest analyst target
3. DCF / Fair value
$37.34
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$146.47
Low
$64.00
High
$182.00
Mean
$149.73

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-06-03 main GLJ Research Buy → Buy $149
2026-06-01 main Susquehanna Positive → Positive $180
2026-05-29 main Jefferies Buy → Buy $159
2026-05-29 main BNP Paribas Outperform → Outperform $182
2026-05-29 main RBC Capital Outperform → Outperform $149
2026-05-29 main Keybanc Overweight → Overweight $164
2026-05-29 main JP Morgan Overweight → Overweight $174
2026-05-29 main Wells Fargo Overweight → Overweight $151
2026-05-29 main Northland Capital Markets Outperform → Outperform $162
2026-05-29 reit Needham Buy → Buy $149
2026-05-19 main Barclays Overweight → Overweight $142
2026-05-14 main Wells Fargo Overweight → Overweight $143
2026-05-14 main Mizuho Neutral → Neutral $130
2026-05-13 main Citigroup Buy → Buy $145
2026-05-13 main BNP Paribas Outperform → Outperform $177
2026-05-13 main TD Cowen Hold → Hold $135
2026-05-13 main JP Morgan Overweight → Overweight $155
2026-05-13 main Susquehanna Positive → Positive $161
2026-05-13 main BMO Capital Market Perform → Market Perform $125
2026-05-13 main Baird Outperform → Outperform $156
News
RSS: Latest NXT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-29 MILLER NICHOLAS MARCO Chief Operating Officer — 22,427 $156.00 $3,498,612
2026-05-26 LEDESMA BRUCE R Officer — 3,248 $134.72 $437,571
2026-05-26 WENGER HOWARD J President — 62,670 $128.91 $8,162,614
2026-05-26 SHUGAR DANIEL S Chief Executive Officer — 26,077 $134.72 $3,513,093
2026-05-26 SHUGAR DANIEL S Chief Executive Officer — 55,000 $21.00 $1,155,000
2026-05-22 WENGER HOWARD J President — 9,051 $121.02 $1,095,352
2026-05-22 MILLER NICHOLAS MARCO Chief Operating Officer — 63,470 $21.00 $1,332,870
2026-05-20 WENGER HOWARD J President — 16,090 $127.32 $2,048,579
2026-05-20 MILLER NICHOLAS MARCO Chief Operating Officer — 24,511 $127.32 $3,120,741
2026-05-20 WENGER HOWARD J President — 124,497 $21.00 $2,614,437
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Total Revenue
3,559.39
+20.28%
2,959.20
+18.38%
2,499.84
+31.42%
1,902.14
Operating Revenue
3,559.39
+20.28%
2,959.20
+18.38%
2,499.84
+31.42%
1,902.14
Cost Of Revenue
2,399.30
+23.02%
1,950.37
+15.63%
1,686.79
+4.43%
1,615.16
Reconciled Cost Of Revenue
2,399.30
+23.02%
1,950.37
+15.63%
1,686.79
+4.43%
1,615.16
Gross Profit
1,160.10
+14.99%
1,008.83
+24.08%
813.05
+183.32%
286.97
Operating Expense
462.83
+25.19%
369.71
+63.64%
225.93
+90.68%
118.49
Research And Development
120.91
+52.29%
79.39
+87.42%
42.36
+95.94%
21.62
Selling General And Administration
341.92
+17.77%
290.32
+58.15%
183.57
+89.50%
96.87
Total Expenses
2,862.12
+23.36%
2,320.09
+21.30%
1,912.72
+10.33%
1,733.65
Operating Income
697.27
+9.10%
639.11
+8.86%
587.12
+248.47%
168.49
Total Operating Income As Reported
697.27
+9.10%
639.11
+8.86%
587.12
+248.47%
168.49
EBITDA
747.05
+10.75%
674.52
+7.72%
626.18
+256.71%
175.54
Normalized EBITDA
747.05
+10.75%
674.52
+7.72%
626.18
+256.71%
175.54
Reconciled Depreciation
30.60
+128.25%
13.41
+207.29%
4.36
-5.69%
4.63
EBIT
716.45
+8.37%
661.11
+6.32%
621.82
+263.81%
170.92
Net Income
585.88
+15.07%
509.17
+66.26%
306.24
+157.59%
118.89
Pretax Income
713.83
+10.16%
648.02
+6.58%
608.00
+259.58%
169.08
Net Non Operating Interest Income Expense
-2.62
+79.97%
-13.10
+5.24%
-13.82
-653.96%
-1.83
Interest Expense Non Operating
2.62
-79.97%
13.10
-5.24%
13.82
+653.96%
1.83
Net Interest Income
-2.62
+79.97%
-13.10
+5.24%
-13.82
-653.96%
-1.83
Interest Expense
2.62
-79.97%
13.10
-5.24%
13.82
+653.96%
1.83
Other Income Expense
19.18
-12.80%
22.00
-36.60%
34.70
+1327.35%
2.43
Other Non Operating Income Expenses
19.18
-12.80%
22.00
-36.60%
34.70
+1327.35%
2.43
Tax Provision
127.94
-2.16%
130.77
+16.99%
111.78
+134.10%
47.75
Tax Rate For Calcs
0.00
-11.30%
0.00
+9.76%
0.00
-34.80%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
585.88
+13.27%
517.25
+4.24%
496.21
+308.97%
121.33
Net Income From Continuing Operation Net Minority Interest
585.88
+15.07%
509.17
+66.26%
306.24
+157.59%
118.89
Net Income From Continuing And Discontinued Operation
585.88
+15.07%
509.17
+66.26%
306.24
+157.59%
118.89
Net Income Continuous Operations
585.88
+13.27%
517.25
+4.24%
496.21
+308.97%
121.33
Minority Interests
0.00
+100.00%
-8.08
+95.75%
-189.97
-7666.72%
-2.45
Normalized Income
585.88
+15.07%
509.17
+66.26%
306.24
+157.59%
118.89
Net Income Common Stockholders
585.88
+15.07%
509.17
+66.26%
306.24
+26692.74%
1.14
Otherunder Preferred Stock Dividend
—
0.00
0.00
-100.00%
117.74
Diluted EPS
—
3.47
+2.97%
3.37
+16750.00%
0.02
Basic EPS
—
3.55
-10.58%
3.97
+19750.00%
0.02
Basic Average Shares
—
143.54
+86.25%
77.07
+68.02%
45.87
Diluted Average Shares
—
149.28
+1.35%
147.28
+0.99%
145.83
Diluted NI Availto Com Stockholders
585.88
+15.07%
509.17
+66.26%
306.24
+26692.74%
1.14
Net Income From Tax Loss Carryforward
—
—
—
-117.74
Total Other Finance Cost
—
—
—
-0.60
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Total Assets
4,073.21
+27.59%
3,192.52
+26.75%
2,518.78
+77.42%
1,419.68
Current Assets
2,846.56
+31.91%
2,157.99
+22.04%
1,768.23
+102.72%
872.26
Cash Cash Equivalents And Short Term Investments
1,094.98
+42.93%
766.10
+61.61%
474.05
+264.63%
130.01
Cash And Cash Equivalents
1,094.98
+42.93%
766.10
+61.61%
474.05
+264.63%
130.01
Cash Financial
—
—
—
—
Other Short Term Investments
—
—
—
29.30
Receivables
1,302.90
+19.10%
1,093.97
+20.85%
905.23
+59.06%
569.12
Accounts Receivable
417.04
-11.73%
472.46
+23.46%
382.69
+41.13%
271.16
Gross Accounts Receivable
419.12
-11.57%
473.93
+22.60%
386.56
+41.63%
272.93
Allowance For Doubtful Accounts Receivable
-2.08
-41.17%
-1.47
+61.98%
-3.87
-119.00%
-1.77
Other Receivables
885.86
+42.53%
621.51
+18.94%
522.54
+75.37%
297.96
Inventory
262.28
+25.23%
209.43
+3.81%
201.74
+46.13%
138.06
Other Current Assets
186.41
+110.67%
88.48
-52.74%
187.22
+433.68%
35.08
Total Non Current Assets
1,226.66
+18.57%
1,034.53
+37.84%
750.55
+37.11%
547.41
Net PPE
78.36
+29.74%
60.40
+553.91%
9.24
+27.31%
7.25
Gross PPE
121.02
+48.96%
81.24
+165.27%
30.62
+24.72%
24.55
Accumulated Depreciation
-42.66
-104.66%
-20.84
+2.54%
-21.39
-23.64%
-17.30
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
91.66
+78.17%
51.44
+129.60%
22.41
+17.05%
19.14
Construction In Progress
11.88
-37.27%
18.94
+520.85%
3.05
+174.62%
1.11
Leases
17.48
+61.05%
10.85
+110.02%
5.17
+20.13%
4.30
Goodwill And Other Intangible Assets
567.00
+33.64%
424.26
+59.08%
266.70
+0.08%
266.47
Goodwill
488.95
+31.79%
371.02
+39.93%
265.15
+0.00%
265.15
Other Intangible Assets
78.05
+46.59%
53.24
+3343.79%
1.55
+17.03%
1.32
Non Current Deferred Assets
511.81
+2.61%
498.78
+13.81%
438.27
+70.47%
257.10
Non Current Deferred Taxes Assets
511.81
+2.61%
498.78
+13.81%
438.27
+70.47%
257.10
Other Non Current Assets
69.49
+35.99%
51.10
+40.61%
36.34
-86.72%
273.69
Total Liabilities Net Minority Interest
1,738.82
+11.15%
1,564.39
+2.46%
1,526.75
+63.32%
934.82
Current Liabilities
1,163.86
+12.61%
1,033.51
+15.93%
891.49
+75.69%
507.43
Payables And Accrued Expenses
663.62
-2.74%
682.30
+26.57%
539.05
+90.23%
283.36
Payables
533.49
-8.85%
585.30
+28.18%
456.64
+104.23%
223.59
Accounts Payable
533.49
-8.85%
585.30
+28.18%
456.64
+116.05%
211.35
Current Accrued Expenses
130.13
+34.16%
97.00
+17.70%
82.41
+37.88%
59.77
Current Debt And Capital Lease Obligation
—
—
3.75
—
Current Debt
—
—
3.75
—
Current Deferred Liabilities
307.49
+24.43%
247.13
+9.57%
225.54
+27.80%
176.47
Current Deferred Revenue
307.49
+24.43%
247.13
+9.57%
225.54
+27.80%
176.47
Other Current Liabilities
192.75
+85.18%
104.09
-15.48%
123.15
+158.77%
47.59
Total Non Current Liabilities Net Minority Interest
574.95
+8.30%
530.87
-16.43%
635.27
+48.64%
427.39
Long Term Debt And Capital Lease Obligation
—
—
143.97
-2.16%
147.15
Long Term Debt
—
—
143.97
-2.16%
147.15
Long Term Provisions
—
—
—
11.80
Tradeand Other Payables Non Current
—
—
—
230.30
Non Current Deferred Liabilities
102.49
+6.06%
96.64
+39.38%
69.33
+93.66%
35.80
Non Current Deferred Revenue
102.49
+6.06%
96.64
+39.38%
69.33
+93.66%
35.80
Other Non Current Liabilities
472.46
+8.80%
434.24
+2.91%
421.97
+50.57%
280.25
Preferred Securities Outside Stock Equity
—
—
—
0.00
Stockholders Equity
2,334.40
+43.38%
1,628.13
+69.42%
961.01
+131.24%
-3,075.77
Common Stock Equity
2,334.40
+43.38%
1,628.13
+69.42%
961.01
+131.24%
-3,075.77
Capital Stock
0.01
+0.00%
0.01
+7.14%
0.01
-6.67%
0.01
Common Stock
0.01
+0.00%
0.01
+7.14%
0.01
-6.67%
0.01
Share Issued
149.39
+2.57%
145.65
+3.46%
140.77
+206.79%
45.89
Ordinary Shares Number
149.39
+2.57%
145.65
+3.46%
140.77
+206.79%
45.89
Additional Paid In Capital
4,305.73
+2.86%
4,185.82
+3.93%
4,027.56
0.00
Retained Earnings
-1,971.53
+22.91%
-2,557.41
+16.60%
-3,066.58
+0.30%
-3,075.78
Gains Losses Not Affecting Retained Earnings
0.18
+161.41%
-0.30
-1852.94%
0.02
0.00
Minority Interest
—
0.00
-100.00%
31.02
-99.13%
3,560.63
Other Equity Adjustments
0.18
+161.41%
-0.30
-1852.94%
0.02
—
Total Equity Gross Minority Interest
2,334.40
+43.38%
1,628.13
+64.12%
992.03
+104.60%
484.86
Total Capitalization
2,334.40
+43.38%
1,628.13
+47.34%
1,104.98
+137.73%
-2,928.62
Working Capital
1,682.69
+49.64%
1,124.47
+28.25%
876.75
+140.31%
364.84
Invested Capital
2,334.40
+43.38%
1,628.13
+46.85%
1,108.73
+137.86%
-2,928.62
Total Debt
—
—
147.72
+0.39%
147.15
Net Debt
—
—
—
17.14
Net Tangible Assets
1,767.40
+46.81%
1,203.87
+73.39%
694.31
+120.77%
-3,342.24
Tangible Book Value
1,767.40
+46.81%
1,203.87
+73.39%
694.31
+120.77%
-3,342.24
Dueto Related Parties Current
—
—
0.00
-100.00%
12.24
Other Equity Interest
—
—
—
—
Line Item Trend 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Operating Cash Flow
562.91
-14.16%
655.79
+52.88%
428.97
+298.42%
107.67
Cash Flow From Continuing Operating Activities
562.91
-14.16%
655.79
+52.88%
428.97
+298.42%
107.67
Net Income From Continuing Operations
585.88
+13.27%
517.25
+4.24%
496.21
+308.97%
121.33
Depreciation Amortization Depletion
30.60
+128.25%
13.41
+207.29%
4.36
-5.69%
4.63
Amortization Cash Flow
30.60
+128.25%
13.41
+207.29%
4.36
-5.69%
4.63
Depreciation And Amortization
30.60
+128.25%
13.41
+207.29%
4.36
-5.69%
4.63
Amortization Of Intangibles
30.60
+128.25%
13.41
+207.29%
4.36
-5.69%
4.63
Other Non Cash Items
37.59
+104.05%
18.42
+27597.01%
-0.07
-103.82%
1.75
Stock Based Compensation
120.30
+1.19%
118.88
+109.36%
56.78
+77.48%
31.99
Provisionand Write Offof Assets
0.61
+125.26%
-2.40
-198.85%
2.43
+95.25%
1.24
Deferred Tax
-0.22
+97.45%
-8.74
+76.98%
-37.99
-246.17%
25.99
Deferred Income Tax
-0.22
+97.45%
-8.74
+76.98%
-37.99
-246.17%
25.99
Change In Working Capital
-211.85
-20689.79%
-1.02
+98.90%
-92.76
-17.02%
-79.27
Change In Receivables
-331.63
-123.32%
-148.50
+56.13%
-338.53
-102.29%
-167.35
Changes In Account Receivables
61.85
+229.81%
-47.65
+58.19%
-113.95
+28.90%
-160.26
Change In Inventory
-46.55
-1467.47%
-2.97
+95.13%
-60.98
-343.32%
25.06
Change In Payables And Accrued Expense
-49.44
-148.05%
102.91
-58.06%
245.37
+506.87%
-60.31
Change In Payable
-49.44
-148.05%
102.91
-58.06%
245.37
+506.87%
-60.31
Change In Account Payable
-49.44
-148.05%
102.91
-58.06%
245.37
+762.71%
-37.03
Change In Other Working Capital
68.10
+96.34%
34.69
-58.01%
82.61
-31.43%
120.47
Change In Other Current Assets
-94.30
-238.85%
67.92
+219.69%
21.24
+211.90%
-18.98
Change In Other Current Liabilities
241.98
+539.52%
-55.05
-29.64%
-42.47
-294.47%
21.84
Investing Cash Flow
-186.88
-0.42%
-186.10
-2694.23%
-6.66
-110.83%
-3.16
Cash Flow From Continuing Investing Activities
-186.88
-0.42%
-186.10
-2694.23%
-6.66
-110.83%
-3.16
Net PPE Purchase And Sale
-49.28
-45.27%
-33.92
-450.67%
-6.16
-95.00%
-3.16
Purchase Of PPE
-49.28
-45.27%
-33.92
-450.67%
-6.16
-93.53%
-3.18
Sale Of PPE
—
0.00
0.00
-100.00%
0.02
Capital Expenditure
-49.28
-45.27%
-33.92
-450.67%
-6.16
-93.53%
-3.18
Net Business Purchase And Sale
-129.34
+10.60%
-144.68
0.00
0.00
Purchase Of Business
-129.34
+10.60%
-144.68
0.00
0.00
Net Intangibles Purchase And Sale
—
0.00
+100.00%
-0.50
0.00
Purchase Of Intangibles
—
0.00
+100.00%
-0.50
0.00
Net Other Investing Changes
-8.26
-10.16%
-7.50
-1400.00%
-0.50
—
Financing Cash Flow
-47.16
+73.45%
-177.65
-126.98%
-78.27
-2091.13%
-3.57
Cash Flow From Continuing Financing Activities
-47.16
+73.45%
-177.65
-126.98%
-78.27
-2091.13%
-3.57
Net Issuance Payments Of Debt
0.00
+100.00%
-150.00
0.00
-100.00%
150.00
Issuance Of Debt
—
0.00
0.00
-100.00%
170.00
Repayment Of Debt
0.00
+100.00%
-150.00
0.00
+100.00%
-20.00
Long Term Debt Issuance
—
0.00
0.00
-100.00%
170.00
Long Term Debt Payments
0.00
+100.00%
-150.00
0.00
+100.00%
-20.00
Net Long Term Debt Issuance
0.00
+100.00%
-150.00
0.00
-100.00%
150.00
Net Common Stock Issuance
-0.40
0.00
0.00
-100.00%
0.08
Common Stock Payments
-0.40
0.00
+100.00%
-552.01
+20.43%
-693.78
Cash Dividends Paid
—
—
—
0.00
Repurchase Of Capital Stock
-0.40
0.00
+100.00%
-552.01
+20.43%
-693.78
Net Other Financing Charges
-46.77
-69.14%
-27.65
+64.67%
-78.27
+49.06%
-153.65
Changes In Cash
328.87
+12.61%
292.05
-15.11%
344.05
+240.85%
100.94
Effect Of Exchange Rate Changes
—
—
—
—
Beginning Cash Position
766.10
+61.61%
474.05
+264.63%
130.01
+347.22%
29.07
End Cash Position
1,094.98
+42.93%
766.10
+61.61%
474.05
+264.63%
130.01
Free Cash Flow
513.63
-17.41%
621.87
+47.08%
422.81
+304.66%
104.49
Common Stock Issuance
0.00
0.00
-100.00%
552.01
-20.44%
693.86
Issuance Of Capital Stock
0.00
0.00
-100.00%
552.01
-20.44%
693.86
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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